East Village Retail Coworking Project

Exclusive: Houston’s East Village developer breaks ground on retail, coworking project

Fans of Ancorian’s East Village project: there’s more where that came from.

Houston-based Ancorian, a real estate development company, recently broke ground on a 44,000-square-foot warehouse reuse project at 2339 Canal St. in east downtown, Michael Sperandio, a founding partner at Ancorian, told the Houston Business Journal. When the project delivers near the end of 2019, it’ll likely contain coworking space and one or two retail or restaurant concepts, Sperandio said.

“It’s east downtown proper, it’s not EaDo, but we’ve taken this old metal building and started working on bringing it back to life,” Sperandio said.

The project, dubbed The Block, has been underway for around two years since Ancorian acquired a 70,000-square-foot industrial warehouse on 2.5 acres at Canal Street and Colby Street, Sperandio said. Ancorian demolished part of the warehouse, which made room for around 200 parking spots at the development. Houston-based Method Architecture is the architect and Houston-based Course Construction is the general contractor.

The project has garnered attention from major coworking companies, including New York-based WeWork, Sperandio said.

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