A Heights-area development has completed the first phase of construction, and work is beginning on Phase 2 with additions such as new incoming tenants.
The retail center at 1102 Pinemont Dr., which is home to Estherâs Signature Dish, is about to get a major overhaul.
Gulf Coast Commercial Group, a Houston-based firm specializing in retail development, management and leasing, bought the property in 2019 from Allen Family Investments. Gulf Coast recently announced plans for a project on the propertyâs nearly 3 acres called The Common, which would create a namesake, central common, incorporating both green space and a renovated plaza.
The remodel is an Opportunity Zone project. According to the City of Houston, the Opportunity Zone program was created by the 2017 federal Tax Cuts and Jobs Act to encourage businesses to develop and invest in low-income communities in Texas. There are 99 census tracts within city boundaries so designated by the governorâs office.