1014 Prairie Street was acquired by NORF Companies in May of 2020. Built around 1895, this three-story historic brick building sits in the heart of Downtown Houston, only five block from Minute Maid Stadium.
NORF plans to restore the blighted property into a mixed-use, multifamily development with over 20 residential units and ground-floor retail tenants.
PROPERTY TYPE
Mixed-Use/Multi-Family
DEVELOPMENT COST
$8.5M
HISTORIC TAX CREDIT EQUITY
$2M
