Houston's Empty Hilton to Get a $40 Million Makeover
By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Houston's Empty Hilton to Get a $40 Million MakeoverThe former Hilton Houston Galleria is getting a new lease on life! The vacant 13-story building will be transformed into a modern apartment complex thanks to a Los Angeles developer.Why the Change?There are two main reasons behind this shift: Empty Hotel: The Hilton closed its doors in 2022 and hasn't found a new tenant. Houston's Hot Housing Market: With many Houstonians working remotely and a growing city population, there's a high demand for apartments. Project Details: Cost: The conversion will cost an estimated $40 million. Start Date: Construction is expected to begin in April 2024. Completion Date: The new apartments should be ready by September 2025. National Trend:Houston isn't alone in this trend. Across the country, many off...
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