HOUSTON | Development Thread II

[toxteth o'grady]

Originally Posted by Double L

Could you provide a source for that? Just cause I wanna read the full article.

That was the entirety of the news clip. But you can find it here...

THE DEAL SHEET

[toxteth o'grady]

Even with oil down, there are reasons to think Houston's momentum will continue a little while longer...

Why Asia Traders’ Move to Texas Spells Trouble for OPEC

Hint: they're not moving to Dallas...

[toxteth o'grady]

Despite the drop in the price of oil, another Houston property sells for a record price:

Downtown Houston tower reportedly finds buyer

[Urbannizer]

Originally Posted by Swamplot

More Apartments Coming Along Durham Dr. Just North of Washington Ave., Per This Variance Request

A READER SENDS in a pic of this variance request sign and vacant lot, possibly heralding the advent of another apartment complex in the Brunner Addition block bounded by N. Durham Dr. and Sandman St. and Center St. and Nett St., in the immediate environs of Soma Sushi, Bethel Church, Woodrow’s Heights and the Esperanza School.

Proposed land use? Mixed-use, multifamily and commercial.

A subdivision plat the developers Washington Shepherd Partners Ltd. submitted to the city last month indicates that the proposed development would spell doom for that well-kept 1912 house with the two-story balcony at the corner of Center St. and Sandman St. that most recently served as a Nationwide Insurance office.

http://swamplot.com/before-fore-wash...st/2014-12-10/

[Urbannizer]

More multi-family developments in the works:

Buffalo North, by Mill-Creek Residential

Nation Flame & Forge Site, The Heights

Campus Vue Student Housing, Phase II

[Urbannizer]

Demolition work has begun for The Kirby Collection:

[Urbannizer]

Originally Posted by Urbannizer

Demolition work has begun for The Kirby Collection:

Pics:

http://swamplot.com/behold-the-rubbl...rs/2014-12-11/

[Urbannizer]

Originally Posted by toxteth o'grady

Another update on the Tema project for Hermann Park/Museum District, from Swamplot. First, here's the site plan:



The first two projects are 7 stories and horizontally oriented.

Update:

- Phase I: 7-Stories
- Phase II: ~20-Stories
- Phase III: 35 to 50 Stories

Originally Posted by HBJ

Hermann Park Residences (final name pending): The seven-story, 224-unit luxury apartment complex will sit on 2.25 acres just east of The Parklane and feature high-end fit and finishes and amenities, including a sky lounge overlooking Hermann Park. The project is scheduled for completion in late 2016.

A high-rise residential tower is planned for a 2.19-acre parcel east of Hermann Park Residences. Tema had announced plans for a 42-story tower last year, but the company is stepping back on that phase of the project to focus on Hermann Park Residences, which is admittedly "less risky" and will be delivered faster, Haidar said. The tower will ultimately be between 35 and 50 stories.

Another apartment complex — about 20 stories tall — is planned behind Hermann Park Residences. Its size will be in between the other two projects, Haidar said."

http://m.bizjournals.com/houston/new...sidential.html

[toxteth o'grady]

Not again?

Speaking of all those new apartment blocks, Swamplot just nominated the Houston Wrap (or Texas Donut) as one of its Design Cliches for 2014 (and who could forget 2012's winner, the Humper House?)



THE 2014 SWAMPIES
Favorite Houston Design Cliché: The Official 2014 Ballot

[JManc]

I actually like those Wrapped apartment complexes. They look decent and add density in a smaller footprint. As opposed to older complexes which are 2-3 stories and are staggered on the property leaving a lot of wasted space. And usually dismal parking...

[KevinFromTexas]

http://www.bizjournals.com/austin/bl...ts-in-our.html

See Texas' boldest construction projects in our inaugural Super Structures publication
Dec 12, 2014, 2:35pm CST

Heather Ladage, Tracy Merzi, John Beddow and Jimmy Holmes, Publishers of the Texas Business Journals

Texas is growing — more business, more people, more opportunity — and that means a lot more construction.

There's so much commercial construction, in fact, it's hard to keep track of, which is why the Texas Business Journals came together to create this inaugural edition of Super Structures. Profiled in this special subscriber content publication are the biggest or most significant construction projects underway in each of Texas' largest cities.

We included everything from office towers rising in our downtowns to master-planned communities pushing the borders of our regions.

[trofirhen]

Originally Posted by vjhe

This is so very true. I was just telling a friend in describing Houston and Dallas that if both cities had to present flower pots, Houston's would be a square concrete grey box while Dallas' would be a box that has been painted with colorful etchings with a spotlight attached. That is the biggest difference in the cities imo. There is nothing wrong with being conservative, however Houston is conservative to a fault.

I'm from Vancouver, and although built smaller than Houston, still has a lot of buildings.
We're considered conservative (often to a fault) but pictures I have seen of Houston dynamize me.
I'd love to see it! (Dallas, too, in all honesty)

[toxteth o'grady]

HSPVA groundbreaking was today. I got a couple of pics, not the greatest...

[JoninATX]

Great shots toxteth o'grady! Now it's one less parking lot in downtown Houston.

[Urbannizer]

Sunrise Montrose: 8-stories; 240 units w/ retail. Construction begins July 2015.

http://www.houstonarchitecture.com/h...nits-w-retail/

[toxteth o'grady]

Sunrise? As in senior living facility? That's the first time I've ever heard of one of those having ground floor retail.

[Dariusb]

^I guess there's a first time for everything

[Urbannizer]

Full Article: http://www.houstonchronicle.com/news...ce-5959195.php

Originally Posted by Houston Chronicle

Parker wants council to vote on fate of justice complex

A new Houston police headquarters and courthouse complex, discussed for decades, could reach a key turning point this week as Mayor Annise Parker seeks to force City Council members to choose between repairing the city's existing facilities or tackling an enormous project to construct new buildings - a move that could trigger a tax increase.

If not for the staggering expense of both the "repair" and "replace" options - from $250 million up to $1.2 billion - the choice would be simple: Few, if any, council members question that the city's criminal justice facilities are fading.

The current complex, on 18 acres just northwest of downtown, houses 1,000 Houston Police Department staff, the main municipal courthouse, a city jail and numerous other operations spread among a dozen buildings, most of them built between 1950 and 1980.

[Urbannizer]

Originally Posted by toxteth o'grady

Sunrise? As in senior living facility? That's the first time I've ever heard of one of those having ground floor retail.

Sunrise, as in "luxury living".

http://www.sunriseluxuryliving.com/d...ment-pipeline/

[Urbannizer]

Full Article: http://www.houstonchronicle.com/busi...5959253.php#/1

Originally Posted by Houston Chronicle

A green site in Memorial to become luxury real estate

A vacant 14 acres along Memorial Drive - a rare sight in this affluent west Houston neighborhood - have been sold to a developer who plans to fill the property with million-dollar homes, luxury apartments and commercial space.

Midway is best known for CityCentre, the high-end shopping, residential and hotel complex near the intersection of Interstate 10 and Beltway 8.

The company's new project is about a mile away from CityCentre. While it will have a similar urban-style design, the developer says it will have a more intimate feel.

"It's more of a village scale," said Shon Link, executive vice president of development for Houston-based Midway, which recently purchased the land from Houston Methodist. "I think the personality is different."

The project, to be called Memorial Green, will complement the neighborhood, the company said.

"It's not going to be impactful in a negative way," Link said. "We're adding to the neighborhood."

The project is expected to break ground in January and be completed in summer 2016.