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Proposed Lyric Market in Downtown Houston Gets Financing

Hines Secures Loan for 31,500-SF Food Hall, 801-Space Parking Garage
February 7, 2018
Hines has secured construction financing for the development of a proposed food hall to be located at 411 Smith St. in downtown Houston.

The 31,500-square-foot Lyric Market will feature restaurant concepts, including a bakery, sushi bar, ice cream shop and wine and cocktail bars, as well as a plaza with tables and a second-story terrace café available for events up to 400 guests. The development will also include a 10-story, 801-space parking garage.

Lyric Market will be developed adjacent to the Lyric Centre office building on the current site of a 125-space surface parking lot. The project is scheduled to open in fall 2018.

Matthew Putterman of HFF's debt placement team arranged the construction loan with Joe Cox of Origin Bank.
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