HOUSTON–Kirby Grove developers have received construction financing from Amegy Bank. The capital will allow borrower Midway Cos. to begin construction on the class A office, retail and multifamily development.
This project will include the construction of the 248,000-square-foot Kirby Grove Office Tower as well as the multifamily project, Cadence Bank for Avenue Grove.
Kirby Grove Office Tower will consist of 224,000 square feet of class A office space as well as 24,000 square feet of ground floor restaurant and retail space. Construction will complete in the third quarter 2015.
Avenue Grove will consist of 270 units. The multifamily and parking project will deliver in the fourth quarter 2015.
HFF's Colby Mueck and Scott Galloway arranged the financing for Midway Cos. Further details of the financing were not released.
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