HOUSTON | Development Thread II - Page 111

vjhe · #**2201** Posted: **Jul 24, 2008, 2:39 PM**

Quote:

Originally Posted by Great_Hizzy

OOP is turning out very nicely. The renders don't do the skin justice. Almost everything about the building materials appear to be of great quality.

Totally agree. I think this is going to be one of those projects that actually turns out better than the rendering for a change.

Wattleigh · #**2202** Posted: **Jul 24, 2008, 3:03 PM**

Really haven't been able to see it from that angle all too often. Thank you Rdavis4559 for the photo!

Noticed they were starting to install the balconies on that side and along the narrow portion facing 5 HC.

rdavis4559 · #**2203** Posted: **Jul 24, 2008, 3:05 PM**

Quote:

Originally Posted by Wattleigh

Really haven't been able to see it from that angle all too often. Thank you Rdavis4559 for the photo!

Noticed they were starting to install the balconies on that side and along the narrow portion facing 5 HC.

You should see it in person. It is rather more imposing than you'd imagine.

weatherguru18 · #**2204** Posted: **Jul 24, 2008, 3:40 PM**

Quote:

Originally Posted by Trae

New rendos:

http://www.sppre.com/projects/projec..._RiverOaks.pdf

What project is this again? By the way, I counted the floors of the left tower and it counted to 40 stories!

Shasta · #**2205** Posted: **Jul 24, 2008, 4:03 PM**

The Finger Co. is easily my favorite apartment developer in town. I knew One Park Place was going to be nice because my sister lives adjacent to the Museum Tower. That one is nice looking on the outside and simple fantastic on the inside. Considering the fact that OPP was adding ground floor retail, I knew it would be A-OK.

I hope this leases up so quickly that there will be a Two Park Place rising soon...

Trae · #**2206** Posted: **Jul 24, 2008, 4:05 PM**

Quote:

Originally Posted by weatherguru18

What project is this again? By the way, I counted the floors of the left tower and it counted to 40 stories!

River Oaks District.

Great_Hizzy · #**2207** Posted: **Jul 24, 2008, 8:54 PM**

Quote:

Originally Posted by Shasta

The Finger Co. is easily my favorite apartment developer in town. I knew One Park Place was going to be nice because my sister lives adjacent to the Museum Tower. That one is nice looking on the outside and simple fantastic on the inside. Considering the fact that OPP was adding ground floor retail, I knew it would be A-OK.

I hope this leases up so quickly that there will be a Two Park Place rising soon...

So do I: a critical mass of highrises around Disco G.

SkyHigh · #**2208** Posted: **Jul 25, 2008, 5:56 AM**

Anybody know what rental rates PSF will be for One Park Place? When will it be move-in ready?

rdavis4559 · #**2209** Posted: **Jul 25, 2008, 1:33 PM**

Don't know the rental rates but here are a few more pics. The first lot is where Discovery Tower will be, the second lot is for Main Place.

Wattleigh · #**2210** Posted: **Jul 25, 2008, 2:16 PM**

Quote:

Originally Posted by SkyHigh

Anybody know what rental rates PSF will be for One Park Place? When will it be move-in ready?

I'm just going off of memory, but I recall reading in the past that the lowest priced units may start at $600-750 and the highest (penthouse) are in excess of $2000. Maybe $2500 or so. In terms of square footage, I'm not absoloutely certain.

I think the a number of the highest priced ones may be off the market though. Word is that leasing has been pretty good (%20 pre-leased, approx.) in terms of corporate buyers prior to any actual promotional push.

Shasta · #**2211** Posted: **Jul 25, 2008, 3:40 PM**

According to the Houston Biz Journal, the Highland Tower has officially broken ground. They also claim the tower will be 16 floors and contain 96 units instead of the original 15 floors and 99 units. Pelican Builders' site also says 16 floors but the actual building website still says 15...?

Highlights of the article include,

28 units have pre-sold
financing is set in stone through Whitney Bank
set for a Spring 2010 completion date

Wattleigh · #**2212** Posted: **Jul 25, 2008, 4:45 PM**

Quote:

Originally Posted by Shasta

According to the Houston Biz Journal, the Highland Tower has officially broken ground. They also claim the tower will be 16 floors and contain 96 units instead of the original 15 floors and 99 units. Pelican Builders' site also says 16 floors but the actual building website still says 15...?

Highlights of the article include,

28 units have pre-sold
financing is set in stone through Whitney Bank
set for a Spring 2010 completion date

It is 16 now. I spoke with one of the sales reps earlier, and apparently there was enough interest in the larger units on the top three floors that they decided to add an additional one in the planning process.

rdavis4559 · #**2213** Posted: **Jul 25, 2008, 7:45 PM**

Quote:

Originally Posted by Shasta

According to the Houston Biz Journal, the Highland Tower has officially broken ground. They also claim the tower will be 16 floors and contain 96 units instead of the original 15 floors and 99 units. Pelican Builders' site also says 16 floors but the actual building website still says 15...?

Highlights of the article include,

28 units have pre-sold
financing is set in stone through Whitney Bank
set for a Spring 2010 completion date

Here is the article:
http://houston.bizjournals.com/houst...10/focus3.html

and render:

YakuzaIce · #**2214** Posted: **Jul 28, 2008, 12:50 AM**

Some pictures from this morning.

One Park Place

Discovery Tower

Main Place

Complex01 · #**2215** Posted: **Jul 28, 2008, 1:41 AM**

Ah kewl. Yakuza are you new to Houston? Nice pics btw. Here are mine from today...

Ah I went downtown today. Here are a few pics i took from the area. Enjoy...

One Park Place

Hey look at that, look who is making the skyline ever better...

Houston Pavillions

Main Place

I took this pic and did a little sketch. MP should be about this height when viewing DT from the south. It will look very nice indeed...

Discovery Tower

Now its time for some rest...

YakuzaIce · #**2216** Posted: **Jul 28, 2008, 1:52 AM**

Quote:

Originally Posted by Complex01

Ah kewl. Yakuza are you new to Houston? Nice pics btw. Here are mine from today...

Nope, been living in Houston for about 20 years. However I've been in Austin for a while due to work.

Complex01 · #**2217** Posted: **Jul 28, 2008, 2:03 AM**

Ah kewl, was just curious. Kewl Deal...

TexasBoi · #**2218** Posted: **Jul 28, 2008, 5:22 AM**

Quote:

Originally Posted by Wattleigh

I'm just going off of memory, but I recall reading in the past that the lowest priced units may start at $600-750 and the highest (penthouse) are in excess of $2000. Maybe $2500 or so. In terms of square footage, I'm not absoloutely certain.

I think the a number of the highest priced ones may be off the market though. Word is that leasing has been pretty good (%20 pre-leased, approx.) in terms of corporate buyers prior to any actual promotional push.

$600-750 for the cheapest? That just seems so low even for the cheapest price. I think once the area is developed and if the park grows with even more popularity, the land value of that area will quickly drive that price up to well over $1000 even for an efficiency.

rdavis4559 · #**2219** Posted: **Jul 28, 2008, 6:51 PM**

From HBJ today:
"New York tops tourism survey; Houston No. 15

The influx of international visitors lured by favorable exchange rates due to the slumping U.S. dollar pushed New York City to the top spot in the country for total tourism spending in 2007, according to a comprehensive study.

In its listing of the top 100 U.S. tourism city destinations, Massachusetts economic forecasting firm Global Insight points out that foreign visitors boosted tourism at a time when the U.S. economy began to weaken.

New York gained 1.5 million international visitors and increased its share of foreign tourists by 3.3 percent to top the list, moving up three spots from 2006.

Houston, meanwhile, slipped one spot to No. 15. Elsewhere in Texas, Dallas maintained its No. 13 ranking, followed by San Antonio (24); Austin (40); Fort Worth-Arlington (75) and Corpus Christi (86)...."

http://www.bizjournals.com/houston/s...l?ana=from_rss

HOUSTONIAN57 · #**2220** Posted: **Jul 28, 2008, 8:25 PM**

I just made a thread for Houston on skyscrapercity.com I realized that this Houston didn't have a city complitation thread so I made one.

Heres the link: http://www.skyscrapercity.com/showthread.php?t=673634