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The company, which is celebrating its 50th year in business in 2018, will begin construction in July on a three-year project that will involve the demolition of seven buildings and the retention of three campus buildings, consisting of two existing office buildings and a parking garage.
SPPI developed its first office buildings more than 30 years ago and remains bullish on the region, with plans to hold office asset, 1200 Concord, after an extensive tenant-driven renovation and rebranding.
The Reserve at Clear Lake City spans more than 372 acres of open space and is the newest home development in the region in two decades as other areas closer to downtown were developed first.