Colliers, in partnership with Julie Tysor-Taetz, president of The Appelt Company, is pleased to present a rare redevelopment opportunity in the heart of Houston’s Rice Village. This highly sought-after site is located in the West University submarket, adjacent to Rice University and the Texas Medical Center, making it one of the most coveted development sites in the city.
“This is a truly exceptional site in one of Houston’s most vibrant and walkable districts,” said Patrick Duffy, Executive Vice President of Colliers Houston. “With limited development opportunities in Rice Village, this property presents an exciting chance to create a landmark mixed-use project that complements the area’s energy and charm. We look forward to engaging with visionary investors who recognize the potential of this prime location.”
The 1.928-acre property includes three addresses: 2400 Times Blvd., 2400 Rice Blvd., and 2444 Times Blvd. The existing improvements consist of 28,500 square feet of office space and 38,035 square feet of retail space with rooftop parking. The buildings are currently 68% leased, with short-term lease structures allowing for future redevelopment flexibility.
Located within Houston’s 610 Loop, this prime redevelopment site serves the affluent communities of West University Place, Rice University, and Rice Village—an established mixed-use hub for shopping, dining, and upscale living. Surrounded by high-demand retailers and restaurants, the area has undergone significant renovations and welcomed new luxury retail, enhancing its appeal as a premier destination for residents and visitors alike.
About Colliers
Colliers is a global diversified professional services and investment management company. Operating through three industry-leading platforms – Real Estate Services, Engineering, and Investment Management – we have a proven business model, an enterprising culture, and a unique partnership philosophy that drives growth and value creation. For 30 years, Colliers has consistently delivered approximately 20% compound annual returns for shareholders, fueled by visionary leadership, significant inside ownership and substantial recurring earnings. With annual revenues exceeding $4.8 billion, a team of 23,000 professionals, and $99 billion in assets under management, Colliers remains committed to accelerating the success of our clients, investors, and people worldwide. Learn more at corporate.colliers.com, X @Colliers or LinkedIn.
