200 Park Place

Houston’s Inner Loop has “topped out” with the new 15-story development on Westheimer Road.

Stonelake Capital Partners, real estate firm, set up their new development a mile east of Galleria and mere blocks west of Highland Village. The 11.5-acre site is being assembled in 5 phases – 2 complete phases include The James and The Ivy both residential in nature – the third phase consist of a 210,000-SF Class AA Tower called 200 Park Place.

Constructed by Harvey Builders and designed by Beck, this development offers first-class amenities, including ground floor restaurants, landscaped terrace on the ninth floor, conference center and tenant lounge, and a heavily landscaped park deemed Park Place; in between the first and ninth floor is 8 levels of parking garage. First tenants set up shop in June 2020 making up roughly 30% leased, as of 2021 all levels of available tenancy are full.

“Stonelake continues to see the tremendous value in this premier location between Highland Village and River Oaks District” said William Peeples, principal with Stonelake Capital Partners. “200 Park Place is generating significant interest from companies across business sectors who understand that their work environment is a direct reflection of their corporate brand.”