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Midway Unveils Plan For Central Park Post Oak Transformation

Three new tenants lease a combined 150,000 SF of office and retail space

(HOUSTON, TX) Midway, a privately owned, real estate investment and development firm, in conjunction with 3Edgewood and Parkway, today announced plans to revitalize the iconic Post Oak Central development, rebranded as Central Park Post Oak. The ambitious project aims to transform the 17-acre campus into a premier mixed-use environment in the heart of Houston's vibrant Uptown District.

Post Oak Central has long been a landmark in Houston's Uptown area. The development currently features 1.2 million square feet of premier Class-A office space and 90,000 square feet of pedestrian-oriented retail. Its prime location on Post Oak Boulevard, between San Felipe Street and Westheimer Road, offers easy access to the 610 Loop and U.S. 59. The property's setting has been further enhanced by the recent $192 million Boulevard Project, which transformed Post Oak Boulevard into a grand, tree-lined thoroughfare reminiscent of New York's Park Avenue. This extensive renovation widened the boulevard and sidewalks, added nearly 1,000 live oak trees, and installed 300 new pedestrian lights, creating a more walkable district.

"We are reimagining Central Park Post Oak to complement and enhance the newly revitalized Post Oak Boulevard," said Clayton Freels, Executive Vice President of Midway, the developer behind Houston’s most notable mixed-use developments including CITYCENTRE, East River, Buffalo Heights, and Kirby Grove. "Our vision is to create a dynamic, walkable urban destination that honors the Boulevard’s rich history while meeting the evolving needs of Houston's Uptown District. We are crafting a lifestyle for those who work, shop, and dine here."

The comprehensive redevelopment plan for Central Park Post Oak includes more than 150,000 square feet of mixed-use retail and restaurant space, featuring 60,000 square feet of new construction and the enhancement of existing areas. Two new retail buildings will be developed along Post Oak Boulevard, transforming the current corporate lawn into a dynamic green space. The project will include convenient on-street parking, renovated parking garages, and new retailers and restaurants, including a prominent jewel box restaurant located on the corner of Post Oak Boulevard and Ambassador Way.

Midway will also reposition several of the site’s heritage live oak trees throughout the property, creating a more engaging and pedestrian-friendly environment, further enhancing the area's walkability and seamless connection to the surrounding Uptown amenities.

The project officially broke ground in April 2025, with completion slated for fall 2026. In addition to Midway, the Central Park project team includes Page, OJB and Hoar Construction.

Groundbreaking - Clayton Freels, Brad Freels, Zach Sarver, Robert Sarver, Matt Mooney, Isaac Johnson

In addition to the redevelopment plans, it was announced that The Henry, a Fox Restaurant concept, will open in fall 2026 at Central Park Post Oak, occupying 7,000 square feet in a prime location along Post Oak Boulevard.

Two new office tenants have joined Central Park Post Oak: TDECU will occupy 125,000 square feet in Central Park One, and BBVA has leased a full floor (20,000 square feet) in Central Park Two.

"The addition of new office tenants highlight the ongoing trend of businesses gravitating toward mixed-use environments offering more than just office space," said Matt Mooney, COO, Parkway, property management. "Businesses today are increasingly seeking immersive, amenity-rich workplaces in prime locations to help attract and retain top talent. Central Park Post Oak is designed to meet that demand."

For more information about Central Park Post Oak and leasing opportunities, please visit centralparkpostoak.com.

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ABOUT MIDWAY

Houston-based Midway is a privately owned, real estate investment and development firm that has provided the highest level of quality, service and value to clients and investors for over 55 years. Midway’s portfolio of projects completed and/or underway consists of more than 50 million square feet of properties including mixed-use destinations, office, industrial, hospitality, multifamily, and single-family residential communities. Midway continues to develop projects of distinction, aesthetic relevance and enduring value for investors, clients, and the people who live, work, and thrive in the environments they create. For more information, visit www.midway.team.

ABOUT 3EDGEWOOD

3Edgewood is a private investment firm based in Phoenix, Arizona specializing in commercial real estate and alternative investments. 3Edgewood has acquired over 8.5 million square feet of class A office assets located in the Dallas, Houston, Los Angeles and Chicago markets over the last year. 3Edgewood’s principals have been successfully investing in real estate for over 40 years. 3Edgewood implements a “hands-all-over” approach to investing which creates lasting relationships with its tenants and partners. 3Edgewood’s entrepreneurial style, low leverage and willingness to invest in its assets, has allowed them to forge relationships with tenants and brokers. For more information, visit www.3edgewood.com

ABOUT PARKWAY

Parkway is a privately held, full-service real estate investment firm with a proven history of success in high-growth markets across the U.S. Headquartered in Orlando, Florida, Parkway specializes in acquiring, managing, and enhancing the value of commercial real estate assets in the thriving Sunbelt region.www.pky.com