June 16, 2020
Hines finalized an agreement with 2ML Real Estate Interests to develop Levit Green on 52 acres inside Houston’s I-610 Loop and adjacent to the Texas Medical Center. The master-planned project will offer research facilities, office, residential, shopping and dining, outdoor amenities and green space.
“At 15.5%, Houston has one of the highest five-year growth rates in life sciences establishments in the United States,” said Hines’ John Mooz. “With multimodal connectivity and proximity to TMC, we believe Levit Green will create a new and needed destination for Houston’s rapidly growing life sciences cluster.”
The project is a partnership between the Hines and Levit families. An initial piece of the property was acquired by Joe Levit, founder of The Grocers Supply Co, which grew to be the largest independently owned wholesaler of grocery products in the Southeast and the nation’s largest supplier of Hispanic grocery products.
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