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  #8301  
Old Posted Jan 20, 2015, 3:40 AM
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Someone (Realty News, I think) gave a summary of the 17 million sf of new space under construction. Supposedly there are lease commitments for all but 7.5 million sf, which surprised me, as it means 10 million sf have been pre-leased. Some of the buildings won't be delivered for 2-3 years. Is 7.5 million sf of uncommitted new space going to tank the market, or is another shortage looming a couple of years down the road?
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  #8302  
Old Posted Jan 20, 2015, 6:13 AM
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Last edited by Urbannizer; Jan 20, 2015 at 6:52 AM.
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  #8303  
Old Posted Jan 20, 2015, 12:35 PM
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There was some activity on the site of Market Square Apartments yesterday when I was passing by!




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  #8304  
Old Posted Jan 21, 2015, 5:01 PM
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Quote:
Originally Posted by HoustonHorns View Post
One Market Square may be dead, but maybe he meant the 40-story Market Square tower, which is under construction. I think that one will be 502 feet.

Overall, the list looks good. I just wish more were under construction in downtown. Only 6 over 200 feet are under construction from the list if you remove the Skyhouse. I know that there are also some mid-rises going up in downtown, but I just wish there were more.
To put in perspective, this is the largest downtown boom since the 80s.
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  #8305  
Old Posted Jan 21, 2015, 5:13 PM
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One Market Square is not dead. They just started it. See Michi's photos above...
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  #8306  
Old Posted Jan 21, 2015, 7:38 PM
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Quote:
Originally Posted by JManc View Post
One Market Square is not dead. They just started it. See Michi's photos above...
Please correct me if I am wrong. It appears Michi, houston19514 and Urbannizer are referring to two different developments.
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  #8307  
Old Posted Jan 21, 2015, 7:41 PM
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Quote:
Originally Posted by TexasPlaya View Post
To put in perspective, this is the largest downtown boom since the 80s.
I'm aware of that. This is certainly a big boom for downtown Houston. But the ratio of only 6 of the city's 29 under construction buildings over 200 feet being in downtown seems low to me and I wish that more of those were being built in downtown.
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  #8308  
Old Posted Jan 21, 2015, 7:43 PM
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Quote:
Originally Posted by shakman View Post
Please correct me if I am wrong. It appears Michi, houston19514 and Urbannizer are referring to two different developments.
You are correct. Michi posted photos of the Residences at Market Square, which just started construction. One Market Square is the office tower that used to be known as International Tower. Most believe that that one is dead.
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  #8309  
Old Posted Jan 22, 2015, 12:58 AM
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I believe that One Market Square may NOT be dead. I believe that it just might be a large delay of construction.
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  #8310  
Old Posted Jan 22, 2015, 1:56 AM
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Allen Parkway Improvements:



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Increased parking along Allen Parkway, realignment of the Parkway with I-45 ramp improvements now scheduled by TxDot, elimination of the dangerous left lane merge to I-45 South, and additional traffic signals to west bound traffic.
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  #8311  
Old Posted Jan 22, 2015, 3:37 AM
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Originally Posted by Urbannizer View Post
Allen Parkway Improvements:

Good news. Happen to have a link for further reading? I'm a big fan of the Buffalo Bayou upgrade but they really need to do a better job of connecting it to the neighborhoods and offering more parking. I can't imagine where all those people parked for the dog parking opening.
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  #8312  
Old Posted Jan 22, 2015, 4:49 AM
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I walked.... hehe
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  #8313  
Old Posted Jan 22, 2015, 4:58 AM
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Quote:
Originally Posted by HoustonHorns View Post
I'm aware of that. This is certainly a big boom for downtown Houston. But the ratio of only 6 of the city's 29 under construction buildings over 200 feet being in downtown seems low to me and I wish that more of those were being built in downtown.
I'm used to it by now. Sticking everything tall downtown used to be a fantasy of mine but my will has been broken and now I just see it as passé. I'm all for density but being atop an especially tall highway intersection or building at a viewpoint where many of Houston's various skylines seem to connect to create one mega skyline always excites me more than just seeing the solid mass that downtown is as I approach it.
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  #8314  
Old Posted Jan 22, 2015, 5:28 AM
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Skyhouse River Oaks: 1/20 by ahkelly

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  #8315  
Old Posted Jan 22, 2015, 5:30 AM
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Quote:
Originally Posted by JManc View Post
One Market Square is not dead. They just started it. See Michi's photos above...
Given Swamplot's statement, the Hines Market Square project is definitely underway.

But a project deferred is a project dead.
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  #8316  
Old Posted Jan 22, 2015, 5:32 AM
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Hotel Alessandra: New design, very unfortunate...

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  #8317  
Old Posted Jan 22, 2015, 5:33 AM
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Ugh. I guess all the investment is going to be in the interior.
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  #8318  
Old Posted Jan 22, 2015, 7:14 AM
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Wow. You're right, this is very unfortunate
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  #8319  
Old Posted Jan 22, 2015, 1:45 PM
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WTH??? This is way beyond ridiculous.
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  #8320  
Old Posted Jan 22, 2015, 1:57 PM
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I was very afraid of that and that looks terrible.
Wish construction started on it last year.
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