HOUSTON | Development Thread II - Page 533

Wattleigh · #**10641** Posted **Jun 20, 2018, 9:27 PM**

Finishing the rooftop patio at The Star (former Texaco HQ)

c/o 'rechlin' on HAIF

Wattleigh · #**10642** Posted **Jun 20, 2018, 9:38 PM**

The River Oaks conversion from apartments to condos has been completed and opened today...

https://www.bizjournals.com/houston/...-oaks-now.html

Slideshow: https://www.bizjournals.com/houston/news/2018/06/20/photos-luxe-condo-redevelopment-in-river-oaks-now.html#g/436905/1

Quote:

Photos: Luxe condo redevelopment in River Oaks now open

By Fauzeya Rahman – Reporter, Houston Business Journal
Jun 20, 2018, 11:44am CDT Updated 3 hours ago

While the new 19-story luxury condo The River Oaks boasts a massage room, outdoor kitchen, library, sitting room, terraced gardens and yoga studio, it may be the first-floor mailroom that developer Richard Leibovitch likes the most.

Instead of a typical corridor with rows of resident mailboxes, the mailroom at the newly opened condo features plush seating, natural light and views of the manicured outdoor space, making the everyday task more of an experience, he said.

The River Oaks, a redevelopment project by New York-based Arel Capital to convert the former 1960s-era River Oaks Luxury Apartments into a luxury condo building, opened June 20. Leibovitch, managing partner at Arel Capital, said total costs for the project exceeded $120 million and exceeded initial estimates by 15 to 20 percent. Bank of the Ozarks provided a partial construction loan while mezzanine financing came through a private hedge fund. Arel Capital put in more than $40 million in equity.

The units are priced between $1.8 million and $7.5 million for the top floor 6,200-square-foot penthouses. Homeowner association fees come out to 75 cents per square foot.

The New York-based real estate investment and development firm spent six months gutting the iconic, Miesian-style building designed by Houston architect Cameron Fairchild.

The 79-residence building at 3433 Westheimer has 18 units left, said Jacob Sudhoff, CEO of Sudhoff Properties, who marketed the condo project. While he said the decision to renovate the mid-century modern building wasn't faster than tearing down and building a new structure, it gave the project “a sense of history.”

Wattleigh · #**10643** Posted **Jun 21, 2018, 2:14 AM**

http://swamplot.com/builders-get-go-...or/2018-06-13/

Quote:

Builders Get Go-Ahead on Colombe d’Or’s 34-Floor Backdoor Tower Set To Peek Over Hanover Montrose Next Door

06/13/18 12:45pm
by Dan Singer

PERMITS WERE approved yesterday for construction on the 285-unit apartment tower Hines and TH Real Estate plan to build behind the La Colombe d’Or mansion-turned-hotel on Montrose Blvd. The rendering at top views all 34 floors of the new building — designed by Houston architectural firm Muñoz + Albin — from above Harold St. (opposite the recently re-domed Annunciation Greek Orthodox Cathedral). That puts it 4-stories higher than the adjacent and somewhat stockier Hanover Montrose apartments shown greyed-out on the right.

Wattleigh · #**10644** Posted **Jun 23, 2018, 3:52 AM**

Marlowe

c/o 'ekdrm2d1' on HAIF

Hanover River Oaks

c/o 'ekdrm2d1' on HAIF

The River Oaks - now open

c/o 'ekdrm2d1' on HAIF

The site of 3621 West Alabama, potentially home to the tower in the rendering below is now mostly cleared.

Rendering c/o MASA Studio

Photos from 'ekdrm2d1' on HAIF

Twitter1 · #**10645** Posted **Jun 23, 2018, 10:06 PM**

Looking at the Arabella from across the freeway at a church.

Urbannizer · #**10646** Posted **Jun 25, 2018, 7:31 PM**

The Woodlands to add 8-story apartment project in Hughes Landing

Quote:

The Howard Hughes Corp. plans to add a second apartment project to Hughes Landing in The Woodlands.

The 386-unit, eight-story building on Hughes Landing Boulevard along Lake Woodlands is scheduled to open in 2020. The first project, One Lakes Edge, which is 99 percent occupied, was completed in 2015.

The project, planned for retail and a restaurant on the ground level, will have one, two and three bedroom plans. Amenities will include a resort-style pool and outdoor entertainment area, a fitness center, yoga room, fitness lawn, sky lounge and wine storage. Multiple kayaks and bikes will be available for residents.

Preston Partnership is the architect, and Hoar Construction is the construction manager.

Wattleigh · #**10647** Posted **Jun 25, 2018, 9:33 PM**

Broadstone Studemont

c/o Ann Derryberry on Swamplot

oscarinhouston · #**10648** Posted **Jun 27, 2018, 12:49 AM**

Is exciting to see the city getting filled with towers! I hope to see a major skyscraper (1000 ft or higher) project soon.

Dariusb · #**10649** Posted **Jun 27, 2018, 3:51 AM**

^^^ That would be awesome if that happens!

chjbolton · #**10650** Posted **Jun 27, 2018, 6:07 AM**

Quote:

Originally Posted by oscarinhouston

Is exciting to see the city getting filled with towers! I hope to see a major skyscraper (1000 ft or higher) project soon.

As long as it's downtown. Houston's bad habit of sprawling and spreading towers annoys the baby Jesus outta me... Consolidate downtown already!!

Trae · #**10651** Posted **Jun 27, 2018, 2:25 PM**

Quote:

Originally Posted by chjbolton

As long as it's downtown. Houston's bad habit of sprawling and spreading towers annoys the baby Jesus outta me... Consolidate downtown already!!

I hear what you're saying but they're mostly being consolidated on the west half of the Inner Loop which I'm fine with. It's in an area of about 15-17 square miles depending on where you want to draw boundaries. They don't need to all be within what's technically Downtown. These areas will eventually connect to each other.

Wattleigh · #**10652** Posted **Jun 28, 2018, 2:59 AM**

Gables Westcreek appears to be moving ahead. It is slated to join the emerging cluster of towers adjacent to the River Oaks District by 2020.

Expected to be '173 per a filing with the FAA

Image from Ziegler Cooper Architects

Urbannizer · #**10653** Posted **Jun 28, 2018, 6:13 PM**

More information on two new mixed-use projects in the Heights

Quote:

Lower Heights District, a mixed-use development that's in the pre-development stages, is being planned for a site on the east side of Studemont Street and south side of Interstate 10 next to the Kroger at 1440 Studemont St., sources close to the deal told the Houston Business Journal.

The project will be a mixed-use development with office, retail, residential and entertainment components. The site was recently appraised at $36.7 million, according to the Harris County Appraisal District.

Lower Heights District was originally pegged to be a two-level big box retail development. Additional information, including a groundbreaking timeline and information on subcontractors, wasn't made available.

Financing on both projects is still being secured.

Urbannizer · #**10654** Posted **Jun 28, 2018, 6:28 PM**

Springwoods Village developers break ground on first multitenant office building in CityPlace

Quote:

CityPlace 1 will be built as the first multitenant office building in the CityPlace at Springwoods Village, the developers announced.
The development group, led by partners Patrinely Group and including USAA Real Estate and CDC Houston, announced the ground breaking of the 149,600-square-foot CityPlace 1 office building at 1700 City Plaza Drive, Spring. Completion of the building, which will have 26,900 square feet of retail space on the first floor, is planned in the second quarter of 2019.

"CityPlace 1 is another major milestone as CityPlace continues to become the new urban center in north Houston," Patrinely Group president and CEO Robert Fields said in an announcement.

Urbannizer · #**10655** Posted **Jun 28, 2018, 6:36 PM**

New Lyric Center Garage and Food Hall

Lyric Garage by Urbanize713, on Flickr

patriotizzy · #**10656** Posted **Jun 28, 2018, 10:07 PM**

^^^ One of the most beautiful garages I've laid eyes on <3

Urbannizer · #**10657** Posted **Jun 29, 2018, 3:09 PM**

Longtime developer returns to Houston with new Midtown apartment project

Quote:

Another new apartment project is coming to Midtown.

The developers behind 2111 Austin, a 216-unit mid-rise apartment building at the corner of Austin and Gray Street, broke ground mid-June, a few years later than originally planned.

“In 2015, it was crazy busy,” Barron said. “You’d drive down the street and everywhere you turn were apartment complexes. The high reached its peak then fell off. We want to jump in now when things weren’t as busy.”

The project at 2111 Austin will be Winther Investment’s first project in the Houston area in two decades, Gautier said. The last project, The Park at Fairmont in Pasadena, was built in 1998. Since then, Winther Investment focused on projects in the Midwest and on the east coast, including two projects in Philadelphia.

The project should deliver in May 2020. Once complete, the group plans to break ground on the second phase on the second piece of land — another apartment building.