HOUSTON | Development Thread II - Page 460

DBGHouston · #**9181** Posted **Sep 9, 2015, 11:36 PM**

Quote:

Originally Posted by Urbannizer

New 2-Story Garage for Lyric Center to include 28,000 sq ft of retail, open air plaza

This is great infill. Two years ago walking from the Preston Bridge behind the Wortham to the rail on Main, there was a single dining option, Mia Bella at Main, and no other retail. 45% of the adjacent streetscape was surface parking.

Fast forward to 2017: 45% surface parking drops to 20% and 30,000+ sq. feet of retail is added from this project and the two new residential towers.

Of course this is just one section of Preston Street. Most downtown streets have 30 to 40 blocks facing them. Lamar, McKinney and Louisiana are probably the streets with the least surface parking adjacent to them.

Some other declines in surface parking as a percentage of streetscape are Main, Rusk and Walker which drop from a combined total of 25% to 15%.

Urbannizer · #**9182** Posted **Sep 11, 2015, 1:51 AM**

Le Meridien

http://www.downtownhouston.org/devel...t/le-meridien/

Quote:

Development Services Group, Inc.
Estimated completion 3Q17

Redevelopment of the existing 21-story Melrose building into a 255 room hotel. Amenities will include approximately 8,000 sf of meeting space, a rooftop pool/patio, and a ground floor restaurant/bar geared to the local dining scene.

Urbannizer · #**9183** Posted **Sep 11, 2015, 2:01 PM**

http://www.bizjournals.com/houston/m...-tower-in.html

Quote:

Originally Posted by HBJ

Groundbreaking set for new condominium tower in Houston

Randall Davis Co. plans to break ground this fall on a new high-rise condominium, which is seeing brisk sales despite the oil slump.

The Houston developer and its development partner, DC Partners, expect to start construction in mid-October on Arabella, a 33-story, 99-unit condo tower at 4521 San Felipe. The condominium project, which will feature 10 units with private terrace-top swimming pools, is planned for the former site of Westcreek at River Oaks apartments near Westheimer Road and the 610 Loop in the Galleria area.

Buyers have purchased about 45 percent of the condo units inside Arabella since Randall Davis Co. began presales in April. The project — which will be built near the River Oaks District, a high-end retail development from San Diego-based OliverMcMillan — is expected to be completed in January 2018.

toxteth o'grady · #**9184** Posted **Sep 11, 2015, 5:12 PM**

Guess what got permitted (per permits list in the HBJ)?

Yes, that's Park Place at Buffalo Bayou. Rumor was this project was dead.

Urbannizer · #**9185** Posted **Sep 11, 2015, 7:27 PM**

Downtown Development Map: September 2015

http://www.downtownhouston.org/site_...ders_11X17.pdf

natenate · #**9186** Posted **Sep 11, 2015, 7:57 PM**

Quote:

Originally Posted by toxteth o'grady

Guess what got permitted (per permits list in the HBJ)?

Yes, that's Park Place at Buffalo Bayou. Rumor was this project was dead.

Bummer. Wonder if those apartment units will go down in price now?

Urbannizer · #**9187** Posted **Sep 11, 2015, 8:27 PM**

18th Street Lofts

Proposed residential for The Heights by Light Hill Partners. Replacing the Hits Theater @ 311 W 18th.

photoLith · #**9188** Posted **Sep 11, 2015, 11:53 PM**

Quote:

Originally Posted by Urbannizer

Downtown Development Map: September 2015

http://www.downtownhouston.org/site_...ders_11X17.pdf

Freaking astounding, cant believe all the great developments going on downtown, its insane.

toxteth o'grady · #**9189** Posted **Sep 12, 2015, 7:51 PM**

Quote:

Originally Posted by photoLith

Freaking astounding, cant believe all the great developments going on downtown, its insane.

There are appear to be more blocks coded for development on the south side of Downtown than there were in previous updates, which is encouraging.

What's also encouraging is there seems to be no slowdown in the number of new developments being proposed despite the oil industry downturn.

JManc · #**9190** Posted **Sep 13, 2015, 7:39 PM**

Quote:

Originally Posted by toxteth o'grady

There are appear to be more blocks coded for development on the south side of Downtown than there were in previous updates, which is encouraging.

What's also encouraging is there seems to be no slowdown in the number of new developments being proposed despite the oil industry downturn.

I think a lot of these were developed and financed before oil prices started to free fall so expect any new projects to slow down or be put on hold. If Goldman Sachs is predicting $20 next year, that will make a huge impact locally.

Urbannizer · #**9191** Posted **Sep 14, 2015, 5:37 PM**

http://blog.chron.com/primeproperty/...to-megachurch/

Quote:

Originally Posted by Chron

Midway to develop building next to megachurch

More than two years ago, Houston-based Hines inked a deal to build an office tower in the parking lot of Houston’s First Baptist Church. The building was never developed, and now another local developer is proposing a similar project.

Midway announced plans Monday for One Parkside, a 13-story tower with 225,000 square feet of office space on nearly 4 acres adjacent to the church at 7401 Katy Freeway. The company said it has started looking for tenants to pre-lease space in the building, which will also include a 10-story parking garage and a 2,000 square-foot cafe on the ground floor.

“We’re excited to introduce this marquee opportunity, positioned to take advantage of the site from an architectural, view and signage standpoint,” Shon Link, Midway’s executive vice president of development, said in a statement.

The site is at the southwest intersection of Interstate 10 and the 610 Loop.

JAM · #**9192** Posted **Sep 14, 2015, 6:31 PM**

Somewhat of a feel good article on Houston. Not sure if I agree with the haze or oppressive heat statements - they are inaccurate at best

https://ca.news.yahoo.com/americas-c...130507316.html

JManc · #**9193** Posted **Sep 15, 2015, 1:14 AM**

Quote:

Originally Posted by JAM

Somewhat of a feel good article on Houston. Not sure if I agree with the haze or oppressive heat statements - they are inaccurate at best

https://ca.news.yahoo.com/americas-c...130507316.html

From May to about now...the heat is oppressive.

Urbannizer · #**9194** Posted **Sep 15, 2015, 9:24 AM**

Updates

500 Crawford

http://www.houstonarchitecture.com/h...park/?p=510722

GHP Building/Hotel

http://www.houstonarchitecture.com/h...otel/?p=510723

Marriott Marquis

http://www.houstonarchitecture.com/h...tail/?p=510724

Catalyst

http://www.houstonarchitecture.com/h...town/?p=510721

Market Square Tower

http://www.houstonarchitecture.com/h...town/?p=510720

Hotel Alessandra

http://www.houstonarchitecture.com/h...ndra/?p=510675

1111 Rusk

http://www.houstonarchitecture.com/h...tion/?p=510740

Block 384, Skyhouse Main

http://www.houstonarchitecture.com/h...-368/?p=510676

Eado Station

http://www.houstonarchitecture.com/h...ents/?p=510684

Temenos Place II

http://www.houstonarchitecture.com/h...tion/?p=510674

3400 Montrose

IMG_1796 by Not.Larry.Dierker, on Flickr

The Carter

IMG_1799 by Not.Larry.Dierker, on Flickr

The Southmore

IMG_1909 by Not.Larry.Dierker, on Flickr

Camden McGowen Station

IMG_1859 by Not.Larry.Dierker, on Flickr

Pearl at The Mix

[IMG]

IMG_1795 by Not.Larry.Dierker, on Flickr[/IMG]

Dolce Midtown

IMG_1827 by Not.Larry.Dierker, on Flickr

Capella Museum District

Gradient by Camilo, on Flickr

Marquis at Greenway Plaza, The River Oaks (right)

https://www.reddit.com/r/houston/com.../houston_rain/

1900 Yorktown

http://www.bizjournals.com/houston/m...st-luxury.html

JAM · #**9195** Posted **Sep 15, 2015, 5:06 PM**

Quote:

Originally Posted by JManc

From May to about now...the heat is oppressive.

Well, that is an opinion, I think it is oppressive from June to mid Sept, which is about 3 to 3/12 months. Not the 6 months the author characterizes it. Oct, Nov, Dec more than make up for it and I'll take 3 months of heat over a never ending winter. Houston Rocks!

DBGHouston · #**9196** Posted **Sep 16, 2015, 12:00 AM**

Quote:

Originally Posted by JAM

Well, that is an opinion, I think it is oppressive from June to mid Sept, which is about 3 to 3/12 months. Not the 6 months the author characterizes it. Oct, Nov, Dec more than make up for it and I'll take 3 months of heat over a never ending winter. Houston Rocks!

I agree...all told, about four months here are difficult and eight are not. Most of October through May is reliably nice, but there is always that week or two in December or January when its cold and you buy a box of Swiss Miss which you will never finish.

Some years the transition from warm to hot weather is gradual, but June is dreadful in my opinion because nobody is used to it yet. July and August are hotter, but the wardrobe and attitude have adjusted. You travel to other cities and resent their pitiful lack of adequate cooling in cabs, hotel rooms. Back home you step off the plane and realize on the ramp that it is really, really hot.

When September arrives there are pleasant days in the mix-- just like this month -- whereas July and August can be monotonously hot. In October I get a little sad because I develop a case of weather induced Stockholm syndrome. I start to miss the summer.

Urbannizer · #**9197** Posted **Sep 16, 2015, 10:13 PM**

http://www.bizjournals.com/houston/m...on-new-30.html

Quote:

Originally Posted by HBJ

Texas Medical Center to move forward on new 30-acre development
Sep 16, 2015, 3:39pm CDT Updated Sep 16, 2015, 4:33pm CDT

The Texas Medical Center has big plans in mind for some of the last unused real estate in the TMC district.

At last year's inaugural State of the TMC luncheon, Dr. Robert Robbins, CEO of the TMC, unveiled a grand vision of a new research campus dubbed TMC3. While dirt hasn't begun to move yet, he expects it to happen soon.

"This is going to put us on the map in Houston to compete with London, Shanghai, Boston, San Francisco and Singapore," Robbins said at the annual State of the Texas Medical Center event. "I am more confident standing here a year later that this is going to happen."

The Texas Medical Center plans to move forward with the convention center, hotel, retail and living space, Robbins told the HBJ. It plans to put out request for proposals in the coming months to get those projects started.

Robbins added that he already has the developers willing to front the initial costs for these projects, but did not elaborate on which ones specifically. He also said the Texas Medical Center will launch a philanthropic campaign to help fund the project.

Urbannizer · #**9198** Posted **Sep 17, 2015, 11:38 AM**

Dior @River Oaks District

https://www.facebook.com/ROdistrict/...type=3&theater

Urbannizer · #**9199** Posted **Sep 17, 2015, 5:54 PM**

More development planned for Greenstreet?

https://www.bisnow.com/houston/news/...investor-50071

Quote:

Originally Posted by Bisnow

Midway and Lionstone JV on Greenstreet, Downtown Mixed-Use

Read more at: https://www.bisnow.com/houston/news/...medium=Browser

Midway and Lionstone Investments are partnering up to continue developing Downtown Houston’s GreenStreet, a 570k SF mixed-use complex in the CBD. JLL arranged the partnership. Midway purchased the property in 2012 and has been rebranding and redeveloping it ever since (Hotel Alessandra is underway).

Urbannizer · #**9200** Posted **Sep 17, 2015, 10:05 PM**

*bump*