The historic former warehouse known as The Docks has undergone a significant transformation under its new ownership, contributing to the flourishing creative scene just north of downtown Houston.
Scarlet Capital, a Houston-based real estate firm recognized for restoring historic properties, has acquired the 65,000-square-foot warehouse located at 1125 Providence. Constructed in 1926, the building is situated north of I-10, near the University of Houston-Downtown.
“This project perfectly embodies our mission to preserve historic structures and transform them into vibrant spaces that inspire creativity and collaboration,” said Alexander Ron, co-founder of Scarlet Capital, in a statement. “We are excited to collaborate with our tenants and the community to ensure The Docks continues to serve as a hub for innovation and artistic expression.”
Originally built near rail lines that once crisscrossed the area, the red brick structure served as warehouse space for former tenants like Ford Motor Co. and freight carrier Central Forwarding. Scarlet Capital purchased the property in December from Houston-based Williamsburg Enterprises when it was 45% leased to tenants, including artists and record and event studios.
Scarlet has since restored the building’s windows, enhanced its storefronts, and upgraded lighting and handrails along the extensive façade.
Several new tenants have joined the revitalized property, including Houston-based sports content producer Apollo Media Group, commercial real estate firm Alpine Partners, global vintage retailer Flamingos Vintage Pound, Bald Kitty Lounge and Art Gallery, and event venue Soiree. Scarlet Capital has also established its offices on the site.
Co-founders Alexander and Daniel Ron have been expanding Scarlet Capital’s portfolio of adaptive reuse projects across Houston and Dallas. Notably, they partnered with Houston’s Deal Co. last year to convert the 1920s-era, 70,000-square-foot Oilwell Supply Building in Dallas into creative office spaces.
In downtown Houston, Scarlet completed the redevelopment of the 20,500-square-foot Purse Building at 1701 Commerce last year. This former furniture warehouse and coffee roasting facility was reimagined as workspaces for artists, musicians, and entrepreneurs.
“Our vision is to lead the charge in adaptive creative reuse, not just across Texas, but on a national scale,” said Daniel Ron.
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