Invest in Houston’s most walkable corridor: The Plant in Second Ward
Development destined to change the conversation.
Our investors are taking action and seizing the opportunity to get in at the ground level of something that will profoundly impact the ideas and execution of how our city continues to grow. Ensuring Houston stays center stage as a city of the future, with a legacy of ideas that continue to change the world.
Concept Neighborhood has successfully brought together an irreplaceable assemblage of nearly 17 acres and 13 Historic buildings in a fast-growing urban location that capitalizes on existing connectivity through public transit, expansive green spaces, and close proximity to downtown. Coming in with the built-in benefit of major investments in infrastructure and amenities offers not only substantial unrealized gain, but also promises insured downside protection.
How we’re making it happen:
- Capitalizing on the rare opportunity to create an authentic walkable corridor that establishes connectivity with real, measurable value.
- Strategically following $300M of public, quality of life investments occurring adjacent to the development.
- Targeting tangible and demonstrable market returns.
- Deep community trust and city relationships that have been in the making for 10+ years.
- Incentives include Qualified Opportunity Fund, Historic Tax Credits and Transit Oriented Development.
- The leadership and vision of an experienced, co-invested operator.
Getting to know what,
and who you’re investing in.
East End Backyard
El Segundo Coffee Lab
Truck Yard
Case Chocolates
Tiny Champions
Moon Tower Inn
Equal Parts Brewery
Roostar
8th Wonder
Nancy's Hustle
Eden Plant Co.
Champ Burger
The Original Ninfa's
Axelrad Houston
Street to Kitchen
Buffalo Bayou East Sector
North Downtown Trail
Antonio Marron Park
Minute Maid Park
Eado Rail Stop
Sampson Complete Street
Navigation Esplanade
Columbia Tap Trail
Shell Energy Stadium
Harrisburg Trail
Coffee Plant/ Second Ward Rail Stop
East River
Harrisburg Art Museum
Navigation Finger
George R. Brown
Robert's Row Plaza
Commerce Street Bikeway
Joybrush Signs
East River
Houston High Society
EaDo Shops at Delano
Riders On The Storm
Forth at Navigation
CRUX
Earth's Nectar
Aurora Picture Show
Common Desk
Ironworks
Eden Plant Co.
Robert's Row Plaza
East Village
Year of None
The Plant at Harrisburg
Headquarters
The Factory/ Anti-Mall
Organic Urban Development Strategy
Step 1
Property Acquisition
2020 - 2023
Step 2
Adaptive Reuse
2024 -2026
Step 3
Vertical Mixed Use
2026 - 2029
Land Acquisition
2020 - 2023
Combining nearly 17 acres and over 250,000 square feet of properties including historically designated buildings and a central 8-acre developable tract. Concept Neighborhood spent years assembling enough land and buildings to execute on its neighborhood development strategy.
Creation of a Central Greenway
Conversion and preservation of over 220,000 square feet of historic warehouses into retail and office space.
Adaptive Reuse
2024 - 2026
A built-in walkable corridor that links all of our properties together and establishes them as a connecting pathway from the Buffalo Bayou trail expansion to the Metro Rail line.
Central Plaza & Bayou Trail
In the center of this corridor will be a plaza of about 20,000 square feet. Surrounded by several of our historic buildings, the Central Plaza will be lined with restaurants, bars, and retail spaces that serve as a bustling center of activity in the district. The Bayou Trail will then further link the Plaza directly north through our properties towards Buffalo Bayou.
Roberts Row & Trail Village
These greenspaces will anchor two distinct districts within the project :
- Roberts Row, a 220,000 square foot historic campus of WWII-era buildings repurposed for retail development.
- Trail Village, a mixed-use district of existing buildings and land for denser development.
Established Momentum
The blue area represents what has currently been leased within The Plant. This level of occupation within the assemblage is the result of our strategy for curating and helping manage an authentic mix of tenants and relationships.
Outsize yields on lower construction costs (adaptive reuse) and going into the market with high occupancy creates a highly impactful halo effect that holds real value and continues to attract high-end tenants to our development.
Creation of Halo Effect
Nearly 11 acres, greater than 7 full city blocks, in a premium retail district connected to the rails and trails gives way to the halo effect.
The orange land seen here is destined for high-value multi-family development sites.
Vertical Mixed Use & Residential Development
2026 - 2029
Within the next 5 years 1,000+ new multi-family units and added mixed-use retail / commercial spaces will be in place to continue to add value to the growing campus; while effectively fulfilling our vision to keep the neighborhood affordable, accessible, and authentic for its residents.
Qualified Opportunity Fund with Overlapping Incentives
Qualified Opportunity Zone
Historic Tax Credits
Transit Oriented Development
Economic Development Agreements
No representation or warranty is made, expressed or implied, as to the accuracy or completeness of any of the information contained herein, which includes “forward-looking statements” that may differ materially from actual events or results.
Nothing herein constitutes an offer to sell nor is it a solicitation of any offer to buy any securities. Such an offer will be available only to “accredited investors”. If any information herein is inconsistent with or contrary to the Offering Documents, the Offering Documents will control.
Prior and projected operating or investment results described herein are for illustrative purposes only and are not indicative of the Fund’s future investment or operating results. There can be no assurance that the Fund will be able to avoid losses.
The information herein does not purport to contain all information that may be material to a prospective investor. Recipients of this material should conduct their own evaluation of the investment described herein. Prospective investors must carefully review the Offering Documents and consult with independent legal, tax and business advisors concerning any potential investment in the Fund.
