Post Oak parcel set for luxury project
Oil exploration company Apache Corp. has sold a prime 6.3-acre parcel on Post Oak in Uptown, where a newly formed real estate venture plans to build a luxury mixeduse development.
The land at 1750 Post Oak is across from BLVD Place, home to Whole Foods and restaurants such as North Italia, True Food Kitchen and Ninfa’s. It was purchased by 1750 Post Oak Partners, which was formed by leaders of real estate firms Crescent Real Estate, Senterra and Doggett Industries, according to Transwestern, the real estate brokerage that represented the buyers.
The partnership anticipates breaking ground in late 2025. Plans include 1.5 million square feet of “complementary luxury uses” including office, retail, hospitality, multifamily and “ultra high-end” condominiums.
“We have long viewed this site as one of the most important and well-located land parcels in Houston,” said John Goff, chairman of Crescent. “Our venture with the Doggett and Schnitzer families was formed to capitalize on this unique opportunity to develop a mix of best-in-class office, hospitality, residential and retail assets.”
The property has remained undeveloped for at least a decade after Apache bought the land in 2012 from commercial real estate firm Wulfe & Co, the original developers of BLVD Place, said Bob Sellingsloh, president and principal at Wulfe. Sellingsloh said Apache had planned to build its headquarters on the site.
Instead, Apache announced plans to move its offices to the Westchase area.
An Apache spokesperson did not provide further details of the Post Oak sale. JLL represented the sellers.
The parcel is one of the remaining undeveloped tracts assembled 20 years ago for the development of BLVD Place by Houston commercial real estate firm Wulfe & Co. and the late Ed Wulfe.
Over the years, Wulfe & Co.
developed 286,000 square feet in BLVD Place, then sold a mix of completed buildings and some land to Whitestone REIT, in addition to land to multifamily developer Hanover Co. and Apache.
“(The leaders behind 1750
Post Oak Partners) have a reputation for developing highquality projects and we are thrilled they are working toward completing the original vision for BLVD Place,” Sellingsloh said.
The neighborhood around BLVD Place has been transformed over the past decade. Hanover built two apartment skyscrapers — Hanover Post
Oak and Hanover BLVD Place — on the acreage it bought from Wulfe.
Across San Felipe from Whole Foods, the 40-story apartment tower Aspire Post Oak opened in 2021. And across Post Oak, the real estate firm Levcor revamped Post Oak Plaza, which includes a Kenny & Ziggy’s and seafood restaurant Balboa Surf Club.