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Heights Mercantile developer to acquire, redevelop old Stages Theatre building

Radom Capital is set to redevelop the old Stages Repertory Theatre building and an adjacent warehouse at 3201 Allen Parkway, Steve Radom told the Houston Business Journal. Both properties will be redeveloped into a 45,000-square-foot, two-story mixed-use project that'll include creative offices, retail, restaurants and hospitality. Construction on the mixed-use development will begin in late 2019, Radom said.

“We are excited to refresh one of Houston’s most beautiful buildings," Barton Kelly, vice president of Radom Capital, said in a statement. "Careful attention will be paid to preserving and accentuating the building’s historical details."

The construction timeline accommodates Stages' plans to occupy the property until late 2019, when it'll move into its new $30.5 million, three-theater complex dubbed The Gordy.

Radom Capital acquired the properties in 2017 for an undisclosed cost. The future mixed-use project will include 20,000 square feet of green space, an amenity deck on the project's second floor and a 6,000-square-foot patio that'll bridge the Stages building with the warehouse property. The mixed-use project will be connected to Buffalo Bayou Park and its trails, Radom said in a statement.

San Francisco-based Gensler's Houston office will oversee the project's design.