Canada CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Cross Border News  + Canada + Quebec  + Hospitality  | 
Canada's Ivanhoé Cambridge and U.S.-based Hines plan to add two restaurants to their massive new downtown Houston office tower.

Ivanhoé Cambridge, Hines to Add Two Restaurants at Texas Tower

Canada’s Ivanhoé Cambridge and U.S.-based Hines plan to add two restaurants to their massive new downtown Houston office tower.

Montreal-based Ivanhoé Cambridge and Hines, which is headquartered in Houston, announced that they are partnering on the eateries with Berg Hospitality Group.

Built in 2023, the investment firms’ Texas Tower stands 47 storeys and spans 1.2 million square feet. The site is the former home of the Houston Chronicle newspaper.

The first restaurant, named the Sylvie, is expected to open soon. The venue will comprise 3,267 sf, seat 85 patrons and offer a French-European menu. The spherical space will be designed by New York City-based ICrave and include a bistro bar and dining room with tables and banquettes.

Patrons will have the option to dine in or purchase take-out items.

“We look forward to introducing a unique and sophisticated dining option for both our property’s office tenants and the wider Houston community to further bolster and enrich the neighborhood’s offerings and overall experience,” said Jonathan Pearce, head of U.S. office and life sciences investments for Ivanhoé Cambridge, referring to the Sylvie.

The second restaurant, Dune Road, is slated to open this summer. Dune Road’s concept and menu are designed to bring a taste of New England to downtown Houston.

Ivanhoé Cambridge and Hines rank among the world’s largest commercial real estate investment companies. La Caisse de dépôt et placement du Québec (CDPQ) owns Ivanhoé Cambridge and is in the process of integrating the subsidiary.

Hines has a large presence in Canada, holding 14 million square feet of assets in the country.

Houston-based Berg launches and operates restaurants in Texas.

Pictured: Forthcoming Sylvie restaurant at Texas Tower in downtown Houston

Image: Ivanhoé Cambridge/Hines

Connect

Inside The Story

Jonathan PearceHines

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

New call-to-action
New call-to-action