History of the Building: The Hogan Building is located at 901 Houston Street in donwtown Fort Worth, Texas. The building was named for Royal Hogan, the brother of legendary golfer, Ben Hogan. Royal Hogan purchased the building in 1964 and operated The Hogan Office Supply Company there until early 1997. The building is three stories above ground and has a basement. The following summarizes certain key site analysis metrics.
Site Visibility: Visibility for this site is very good as the building is located on the corner of 9th and Houston Street. This is in the heart of downtown Fort Worth's Soho District and is only three blocks from the Fort Worth Convention center. The location is also only one block from the very popular Del Frisco's Double Eagle Restaurant.
Site Accessibility & Parking: Being in downtown near the Convention Center, the site is easily accessible. The site is mere minutes from Interstate-30 can be reached by multiple routes once in the downtown area. There is plenty of street and surface parking in the area immediatey surrounding the site.
Size & Configuration: The building is approximately 30,000 sqaure feet. The entire basement is available and contains 7,362 square feet. Being below street level, tenants in the basement will not enjoy the full benefits of the building's visibility. Accordingly, basement rents will need to be discounted.
First Floor: On the first floor, 3,751 square feet would be available to lease. The remainder of the first floor is occupied by long-term tenant, FedEx Kinkos. The available spaceis flexible and could be a good fit for a restaurant / bar, retail or office tenants.
Second Floor: The second floor has traditionally been utilized as office space and contains 6,696 square feet, which is cuurently vacant. This space would be suitable for office tenants or conversion to residential living space.
Third Floor: The third floor also contains 6,696 square feet of vacant space that has been traditionally used for office space. Like the second floor. this space would be suitable for use as office or residential space.
Size & Configuration: The building is approximately 30,000 sqaure feet. The entire basement is available and contains 7,362 square feet. Being below street level, tenants in the basement will not enjoy the full benefits of the building's visibility. Accordingly, basement rents will need to be discounted.
First Floor: On the first floor, 3,751 square feet would be available to lease. The remainder of the first floor is occupied by long-term tenant, FedEx Kinkos. The available spaceis flexible and could be a good fit for a restaurant / bar, retail or office tenants.
Second Floor: The second floor has traditionally been utilized as office space and contains 6,696 square feet, which is cuurently vacant. This space would be suitable for office tenants or conversion to residential living space.
Third Floor: The third floor also contains 6,696 square feet of vacant space that has been traditionally used for office space. Like the second floor. this space would be suitable for use as office or residential space.
Conclusion: This site has a good location, visibility, accessibility and allows flexibiliy for use of its vacant space. Therefore, the site analysis conlsuion is that this location is feasibile for development of a mixed use building that will include retial, office and / or residential tenants.
No comments:
Post a Comment