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Renderings of XSpace’s new Houston development now under construction just north of Memorial Park.\u00a0<\/p>\n
XSpace<\/p>\n
Renderings of XSpace’s new Houston development now under construction just north of Memorial Park.\u00a0<\/p>\n
XSpace<\/p>\n
Renderings of XSpace’s new Houston development now under construction just north of Memorial Park.\u00a0<\/p>\n
XSpace<\/p>\n
Renderings of XSpace’s new Houston development now under construction just north of Memorial Park.\u00a0<\/p>\n
XSpace<\/p>\n
RAFA Racing Club’s current location on Brittmoore in northwest Houston, the home base for the motorsports country club.<\/p>\n
RAFA Racing Club<\/p>\n
A lounge in RAFA’s north Houston location where racing simulators are pictured.\u00a0<\/p>\n
RAFA Racing Club<\/p>\n
XSpace will offer for-sale units for owners to operate small businesses, store luxury vehicles, host podcasts and\u00a0work in private offices.\u00a0<\/p>\n
XSpace<\/p>\n
At first glance, a new garage and office complex under construction near Memorial Park sounds like just another place for affluent buyers to store luxury cars or operate a small business. But the developer behind the four-story project says he\u2019s selling something much broader: the chance for entrepreneurs to own customizable commercial space while joining a growing \u201ccountry club\u201d of car collectors and racing enthusiasts. \u00a0<\/p>\n
Called\u00a0XSpace Houston<\/a>, the 109,000-square-foot project broke ground earlier this year with 86 for-sale warehouse-style units planned at 7810 Katy Fwy.\u00a0Under a commercial condominium model, buyers could use the spaces for professional offices, small business headquarters or upscale storage for luxury cars.<\/p>\n And now, the project is adding another amenity through a newly formed partnership with\u00a0RAFA Racing Club<\/a>, a Houston-based members-only motorsports club that currently operates from a warehouse in northwest Houston off Brittmoore Road. \u00a0<\/p>\n Article continues below this ad<\/p>\n RAFA Racing, which typically carries a $25,000 initiation fee, acts like a country club for motorsports enthusiasts, Formula One fans, car collectors and hobbyists interested in learning how to race. Under its new deal with XSpace, every condominium buyer will also receive a RAFA social membership with the initiation fee waived. The partnership links XSpace\u2019s condo owners to\u00a0automotive-themed events and F1-inspired training at RAFA’s\u00a0Brittmoore campus.\u00a0<\/p>\n The partnership offers a clearer picture of how\u00a0XSpace is trying to distinguish itself from more conventional warehouse-style commercial condos. Rather than simply selling space, founder Byron Smith said the company is laying the foundation for a future community built on social programming and shared amenities.\u00a0<\/p>\n \u201cWe\u2019re selling (condo) ownership underpinned by a blue-chip real estate asset, but off the back of that, we\u2019re selling community,\u201d Smith said. \u201cThis is an interesting and diverse mix of entrepreneurs, established businesses, growing businesses, high-net-worth (individuals), and intersecting interests, so that’s what makes it vibrant.\u201d<\/p>\n The approach reflects a broader strategy in real estate, where developers increasingly use events, amenities and\u00a0curated programming to make their projects feel less like standalone buildings and more like social hubs.<\/p>\n Article continues below this ad<\/p>\n XSpace will offer for-sale units for owners to operate small businesses, store luxury vehicles, host podcasts and\u00a0work in private offices.\u00a0<\/p>\n XSpace<\/p>\n LUXURY COMMUNITIES: Once troubled coliving tower in the Museum District aims to build a luxury social hub<\/a><\/p>\n RAFA is for people who \u201cwant to be part of a car culture community,\u201d said Rafael Martinez, founder of RAFA Racing Club. \u201cI would say (racing) is a pretty luxurious sport, and we provide pretty luxurious experiences,\u201d such as group trips to watch races in Belgium.<\/p>\n Additionally, five condo units will include access to RAFA\u2019s\u00a0higher-tier membership with a $75,000 initiation fee waived. That membership level includes access to a motorsports-oriented gym, training programs and driver-development coaching.<\/p>\n XSpace already operates an Austin location where it uses events such as McLaren showcases, sports watch parties and happy hours to build social connections among condo owners, Smith said.\u00a0<\/p>\n Article continues below this ad<\/p>\n Beyond events, Houston condo owners will also have access to amenities such as a caf\u00e9, an on-site gym and rooftop lounge. Smith also hopes to install a racing simulator<\/a> in the building\u2019s lounge that provides a virtual driving experience.\u00a0<\/p>\n A lounge in RAFA’s north Houston location where racing simulators are pictured.\u00a0<\/p>\n RAFA Racing Club<\/p>\n Backed by investors such as Houston real estate developer Welcome Wilson\u00a0Jr., XSpace plans to relocate its headquarters from Austin to Houston once its project here delivers in the second quarter of 2027. \u00a0<\/p>\n Smith expects the Houston project to be about 50%\u00a0presold by the end of the summer. The condos range from 800 square feet to 3,000 square feet, with the ability to combine units. Pricing per unit is typically about $400,000 to $500,000, Smith said. Average asking prices are about $500 per square foot so far, but that could increase, he said. Washington Ho\u2019s real estate brokerage, White House Global Properties, is overseeing marketing.<\/p>\n<\/p>\n
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