VIC3 Houston rooftop pool with LED lighting and Houston skyline
DAY | NITE

VIC3

HOUSTON

Houston's Premier Rooftop Pool Restaurant

THE VISION

An Elevated Culinary Rooftop Destination

VIC3 transforms a landmark Midtown Houston corner into six distinct environments spanning two levels and 12,500 square feet. From The Dining Room to The Terrace overlooking the skyline, every space is designed around a singular idea: food is the primary draw, and atmosphere is the reason you stay.

VIC3 rooftop waterfall feature wall with fire, pool, and lounge seating
VENUE LAYOUT
ROOFTOP
The Rooftop2,200 SF
The Terrace3,300 SF
The Rooftop Pool650 SF
The Speakeasy1,500 SF
GROUND FLOOR
The Dining Room3,300 SF
The Jardin2,200 SF
12,500 SF TOTAL

*The Rooftop Pool (650 SF) is contained within The Terrace's 3,300 SF footprint

THE EXPERIENCE

Beyond the Dining Room

The Rooftop Pool & Cabanas

The Rooftop Pool & Cabanas

Daily 11 AM – 6 PM

  • Day Pass — $25–$50
  • Daybed Rental — $150–$300 (includes F&B credit)
  • Premium Cabana — $500–$800 (full-day, dedicated server, bottle included)
  • VIP Cabana — $1,000–$1,500 (Fri–Sat, premium bottle package)
  • Weekday rates start 30% lower

Towels, chilled water, and poolside service included with all rentals

The Speakeasy

The Speakeasy

An Invitation-Only Experience

A hidden venue within VIC3 — an intimate, reservation-only space for curated evenings, private tastings, and exclusive gatherings. Limited to 30 guests.

  • Private Buyout — $3,000–$5,000 (includes craft cocktail package)
  • Tasting Events — $150/person (5-course pairing + sommelier)
  • Corporate Cocktail Hour — $75/person (2 hours, passed apps)
  • Weekly curated programming: Vinyl nights, jazz sessions, spirit masterclasses

Valet & Arrival

Seamless from Door to Rooftop

  • Standard Valet — $25
  • VIP Self-Park — $50–$100 (reserved on-site spots, priority return)
  • Complimentary with Premium Cabana or VIP Table Service
  • Public parking directly across the street at Milam & Stuart
  • Rideshare drop-off zone on Milam Street
THE SPACES

Six Distinct Environments

The Dining Room

The Dining Room

Intimate ground-floor dining in a warm, architecturally rich setting

3,300 SF
The Jardin

The Jardin

Tulum-inspired enclosed garden dining with climate comfort year-round

2,200 SF
The Rooftop

The Rooftop

Elevated dining above the Houston skyline

2,200 SF
The Rooftop Pool

The Rooftop Pool

A 650 SF pool surrounded by premium cabanas and daybeds

650 SF
The Terrace

The Terrace

Open-air rooftop dining with cabanas, daybeds, and skyline views

3,300 SF
The Speakeasy

The Speakeasy

An intimate, hidden venue for curated evenings and private gatherings

1,500 SF
PRIVATE EVENTS

Your Event, Elevated

From corporate receptions to milestone celebrations, VIC3 offers six distinct event environments across two levels — each configurable for intimate gatherings or grand-scale productions. Dedicated event coordination, custom menus, and full AV support included.

The Terrace & Rooftop Pool

Capacity: Up to 200 guests

Minimum: $10,000–$15,000 (Fri–Sat) / $5,000–$8,000 (Sun–Thu)

Includes: Dedicated event staff, custom bar setup, DJ platform access

Houston’s only rooftop pool event space in Midtown

The Dining Room & Jardin

Capacity: Up to 390 guests

Minimum: $5,000–$8,000 (Fri–Sat) / $3,000–$5,000 (Sun–Thu)

Includes: Custom prix fixe menu, full bar, AV system

The Speakeasy

Capacity: Up to 30 guests

Minimum: $3,000–$5,000

Includes: Craft cocktail package, passed hors d’oeuvres, vinyl DJ

Perfect for executive dinners, product launches, and intimate celebrations

Full Venue Buyout

Capacity: Up to 700 guests

Minimum: $25,000–$40,000

Includes: All levels, custom programming, full production support

The ultimate Houston event — pool, dining, lounge, and rooftop under one roof

Plan Your Event

Our events team will work with you to design a custom experience.

Or email events@vic3htx.com directly

THE OPPORTUNITY

Proven Track Record, Scaled Vision

PROVEN
$0M
Trailing 12-Month Revenue
$0
Revenue per Square Foot
4,600 SF
Operating Footprint
2+ Years
Continuous Operation
25K / 10K / 65K
Email / SMS / Instagram Database
SCALED
$0M
Stabilized Revenue (Conservative)
$0
Revenue per SF (35% Below Proven)
12,500 SF
Total Venue Size
0x
Debt Service Coverage Ratio
5
Distinct Revenue Streams
PropCo Standalone$1,080,000 NOI1.44x DSCR
Property-Level Coverage
Base Case$10.45M2.59x DSCR
20% Revenue Cut$8.48M1.31x DSCR
Margin Compression$10.45M1.67x DSCR
Vendor Default$9.85M1.79x DSCR

All scenarios exceed SBA minimum 1.25x DSCR threshold

YEAR 2 PROJECTION$11.04M Revenue  |  21.4% EBITDA  |  3.15x DSCR

Midtown Houston

Dense professional demographic, ages 25–45, high discretionary income spending patterns

Limited Competition

Midtown’s only dedicated rooftop pool dining concept — combining elevated cuisine, craft cocktails, and poolside service in a single multi-level venue. No existing Houston competitor integrates all three.

300+ Outdoor Days

Year-round rooftop activation supported by Houston’s climate and outdoor dining trends

Food & Beverage
Bottle Service & Terrace
Cabana & Rooftop Pool
Hookah (Vendor SA)
Valet (Vendor SA)
REVENUE COMPOSITION
$3.0M
28.7% Food Sales
$6.2M
59.3% Beverage
$650K
6.2% Cabanas
$300K
2.9% Hookah SA
$300K
2.9% Valet SA

Consolidated Total: $10,450,000

CAPITAL PROTECTIONS
$7.5M
Break-Even Revenue
72% of projected
36 Mo
Interest-Only Period
Stabilization runway
$680K
Interest Reserve
12 months built in
$692K
Excess Equity
Above SBA minimum
THE TEAM

Experienced Leadership

Derwin James Jr.

Derwin James Jr.

PropCo 70% · OpCo 45%

Brand Ambassador & Market Amplifier

NFL All-Pro safety and national brand ambassador. Derwin brings a platform of millions to VIC3, driving market awareness, strategic partnerships, and brand visibility that accelerates venue recognition from day one.

Maurice Ragland

Maurice Ragland

PropCo 20% · OpCo 45%

Technology, Operations & Revenue Growth

20+ years as a restaurant owner-operator with deep expertise across business strategy, operations, and technology. Architected LOV3 Houston’s full tech stack — CRM, automated marketing engine, and real-time POS analytics — managing a 25,000-contact database that drives $6.68M in annual revenue. Brings the operating discipline and revenue infrastructure institutional lenders underwrite.

Eddie Jasper

Eddie Jasper

PropCo 10% · OpCo 10%

Venue & Hospitality Execution

15+ years in Houston premium hospitality. Oversees day-to-day venue operations, staff development, vendor management, and guest experience at LOV3 Houston. Proven track record scaling service teams for high-volume premium environments.

The team behind LOV3 Houston — $6.68 million in revenue from a 4,600 square foot footprint. VIC3 is the scaled evolution of a proven platform.

ORGANIZATIONAL STRUCTURE

Built to Execute from Day One

Key management roles in active recruitment. Vendor service agreements executed. Construction contractor engaged.

General Manager

Day-to-day operations, P&L ownership, staff leadership

Reports to Managing Members

Executive Chef

Menu development, kitchen operations, food cost management

Culinary team of 8–12

Beverage Director

Cocktail program, wine curation, pour cost tracking, bar team

Bar team of 6–10

Event & Programming Director

Private events, weekly programming, corporate bookings, speakeasy curation

Event staff of 4–6

Floor Manager

FOH service standards, VIP host coordination, section management

Daytime & Cabana Director

Pool programming, cabana bookings, wellness partnerships

Security Lead

Guest safety, access control, pool supervision protocols

Operations Director

Inventory, vendor logistics, scheduling, compliance

CONTRACTED SERVICE PARTNERS

The Way To Sky LLC

Hookah Service Agreement

$25K/mo guaranteed minimum to PropCo · 70/30 profit share above $40K · All product, labor, equipment vendor-managed

Eli Valet

Valet Service Agreement

$25K/mo guaranteed minimum to PropCo · 60/40 profit share · All labor, insurance, equipment vendor-managed

Deco Construction Inc.

Licensed General Contractor

$3.2M construction budget · 10–11 month timeline · Permits filed and in final review · 10% contingency reserve

THE PROPERTY

3315 Milam Street

Midtown Houston, Texas 77006

VIC3 exterior facade at 3315 Milam Street
Land Area18,000 SF
Pre-Redevelopment~4,600 SF
Post-Redevelopment12,500 SF
Construction Budget$3.2M
Timeline10–11 Months
ContractorDeco Construction Inc.
PermitsFiled, reviewed, fees paid — final approval pending
CLIMATE & COMFORT

Houston's 300+ annual outdoor days are maximized through retractable shade systems, commercial misting, a chilled rooftop pool, and evening-focused summer programming — ensuring year-round rooftop activation.

CAPITAL STRUCTURE$10,050,000 Total Project Cost
$5,025,000 Bank Permanent (50%)
$3,517,500 Bank Interim (35%)
$1,507,500 Borrower Equity (15%)
USE OF FUNDS
$5,500,000
Real Estate Refinance
$3,211,295
Construction
$680,000
Interest Reserves
$311,580
Contingency (10%)
$347,125
Soft Costs & Fees