Planned Parking Garage Will Increase Campus Parking Ratio to Approximately 2:1,000
HOUSTON – August 10, 2026 – Stream Realty Partners, a national commercial real estate firm offering an integrated platform of services, and its joint venture partner are advancing the next phase of Houston Center’s evolution with plans to develop a new parking garage, further enhancing the downtown office campus. To support the project, the partnership has acquired Block 95, a full city block located at 1215 Walker St., adjacent to Houston Center.
Located in the heart of Downtown Houston and bounded by Walker Street, Rusk Street, Caroline Street, and San Jacinto Street, the site will accommodate a new parking structure designed to enhance accessibility and convenience for Houston Center tenants and visitors. The garage is expected to feature approximately 2,053 parking spaces across 12 levels, a skybridge connection to One Houston Center, electric vehicle charging stations, and a parking guidance system. Groundbreaking is anticipated in 2027.
The planned garage will enable Houston Center to accommodate an approximate 2:1,000 parking ratio across the campus over the long term, with the flexibility to provide even higher parking ratios for select tenants. The enhanced parking capacity will better support the long-term parking needs of existing tenants while providing greater flexibility for future leasing opportunities. Beyond capacity, the garage is designed to deliver a differentiated parking experience, featuring full-size parking spaces, generous drive aisle widths, enhanced lighting, upgraded security features, modern finishes, and intuitive wayfinding that reflect the quality of the broader Houston Center campus.
The project represents the next phase in the ongoing evolution of Houston Center, building on the momentum established since the 2025 acquisition of the 4.6-million-square-foot campus. The planned garage will expand the campus’ parking capacity while supporting the long-term vision for one of Downtown Houston’s most prominent mixed-use office destinations.
“The acquisition of Block 95 represents another significant investment in the long-term future of Houston Center and Downtown Houston,” said Kyle Valentine, Executive Managing Director & Partner at Stream. “The planned garage will allow us to meet the long-term parking needs of the campus while providing the flexibility to accommodate a broader range of tenant requirements. Combined with a modern parking experience, this investment reinforces our commitment to creating a premier workplace destination that meets the evolving needs of today’s office users.”
Executive Managing Director & Partner Ramsey March and Senior Director Blake Bell of Stream’s Development Services team will oversee the development and execution of the project. Executive Managing Director & Partner John Rogers and Senior Vice President Alex Roberto of Stream’s Investment Management team provide day-to-day oversight of the investment strategy and the execution of the business plan under the leadership of Chief Investment Officer Adam Jackson. Managing Director over the Houston Office team Ryan Barbles and Managing Director Matt Asvestas will continue to lead leasing efforts for Houston Center on behalf of the ownership venture.
For more information, contact Stream Houston at 713.300.0300.
About Stream Realty Partners
Stream Realty Partners is a national commercial real estate firm offering an integrated platform of leasing, investment, and development services. This includes tenant and landlord representation; Legendary CX property management; capital markets; investment management and sales; construction & project management; manufacturing, food & beverage, and distribution; workplace strategy; strategic marketing; and dedicated research. The company is headquartered in Dallas with operations in core markets coast to coast. Since 1996, Stream has grown to more than 1,550 professionals and now completes annual transactions valued at more than $11.5 billion in office, industrial, retail, healthcare, land, and data center properties. For information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, X, and Facebook.
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