HOUSTON | Development Thread II - Page 583

TexasPlaya · #**11641** Posted **May 11, 2020, 4:35 AM**

I think The Woodlands' orderliness provides a good counter to Houston's chaos, much like Sugar Land.

I do wish the Houston metro would take more care with its only natural treasure, trees. Seems like giving Montgomery, Harris, Fort Bend County, etc. the ability to better enforce those rules would be the most effective. Unfortunately, that's very unlikely.

pm91 · #**11642** Posted **May 11, 2020, 9:40 AM**

Personally, I've always thought that if the concept of Suburbia were to have its interpretation of a CBD and/or "urban" area it would be The Woodlands Waterway/Market Street...very manicured

TexasPlaya · #**11643** Posted **May 15, 2020, 4:23 AM**

Some TMC updates from Paco Jonnes on HAIF:

TMC3

Methodist Campus

Quote:

The new hospital tower is a 29-story tower (511' to top of mechanical roof) with total square footage approximately at 1.2 million sf. The new hospital tower will adjoin to the existing Walter Tower on Levels 4 and below. Centennial Tower will also be connected to Walter Tower via a series of skybridges on Levels 9 - 21. Skybridge connectors will also connect Garage 7 and existing Walter Tower/Fondren Brown atrium to the Outpatient Care Center.

The site is located next to Walter Tower and will be bounded by Bertner Avenue and John Freeman Blvd. An existing building will be demolished on this site also owned by Houston Methodist.

Dariusb · #**11644** Posted **May 15, 2020, 4:02 PM**

I read once a few years ago that the TMC was about the size of Denver's CBD. With all of the towers built/announced since then I wonder what city's CBD it rivals now?

The Best Forumer · #**11645** Posted **May 18, 2020, 6:26 PM**

i think it was already larger than dallas cbd.

Dariusb · #**11646** Posted **May 18, 2020, 7:55 PM**

Wow!

TexasPlaya · #**11647** Posted **May 19, 2020, 3:46 AM**

From Hindesky on HAIF:

Dariusb · #**11648** Posted **May 20, 2020, 2:51 AM**

^Is that today compared to yesterday?

Wattleigh · #**11649** Posted **May 20, 2020, 3:29 AM**

Another, courtesy of Paco Jones on HAIF....

Granduca Residential Tower

Quote:

The project will consist of a 34-story residential condominium high-rise development. It will be a podium design in which a parking garage makes up the base of the building and the residential tower sits on top. Level 5 will be the amenity level of the tower and will include a club room, fitness center, dining room with catering, kitchen and bars. The East, North and South sides of this level will open onto a landscaped plaza deck that will have a swimming pool, covered lounge, children’s play area, grilling areas and a dog park.

The 34-story residential tower will be approximately 442’ in height and include 107 units.

Exterior cladding design shall provide the use of architectural precast concrete panels and glazed window wall on the tower. Levels 1 through 5 of the podium on the west elevation (main entry) will be clad with mechanically fastened limestone panels with granite wainscot. The remainder of the podium will be clad with architectural precast concrete panels similar to the tower.

The Project site is approximately 1.86 acres off of North Wynden Drive to the west of Montebello Condos, Uptown Park and the 610 Loop in the Galleria-Memorial area.

kingkirbythe.... · #**11650** Posted **May 20, 2020, 1:03 PM**

Looks nice.

Wattleigh · #**11651** Posted **May 20, 2020, 3:33 PM**

Another find courtesy of Paco Jones on HAIF

Home2 Suites / Tru by Hilton Hotel

Quote:

123,306 SF
9 Levels
221 Rooms
Anticipated start date of December 2020

Corner of Leeland St. and Crawford St.

1540 Leeland St.
Houston, TX 77002

This is about a block from the Toyota Center and catty-corner to Camden's new apartment tower. It only takes up a quarter of the block.

Geographer · #**11652** Posted **May 20, 2020, 6:07 PM**

The Texas Medical Center is already the largest medical center in the world and is still growing! Houston Methodist opened Walter Tower in 2018, Texas Children's opened an expansion tower a year before that, and Memorial Hermann opened the Susan and Fayez Sarofim Pavilion this year. CHI St. Luke's has an on again, off again expansion on Old Spanish Trail that might eventually replace their main hospital on Fannin Street. The Harris County Psychiatric Center is expanding, Texas A&M is building and refurbishing a quad of buildings next to the TMC transit center, and the huge TMC3 complex should break ground this year. These projects are a huge boon to Houston's economy, especially considering how many well-paying, recession-resistant jobs they support.

I like the Granduca's concrete exterior based on those renderings. The top looks art deco. The 107 units are going to have a high price to cover the cost of a 34 floor tower.

chjbolton · #**11653** Posted **May 21, 2020, 2:17 AM**

TexasPlaya, what does your signature mean exactly? This one:

A society grows great when old men plant trees whose shade they know they shall never sit in.

TexasPlaya · #**11654** Posted **May 21, 2020, 8:19 PM**

Quote:

Originally Posted by chjbolton

TexasPlaya, what does your signature mean exactly? This one:

A society grows great when old men plant trees whose shade they know they shall never sit in.

Invest in the future!

TexasPlaya · #**11655** Posted **May 23, 2020, 5:42 AM**

From Hindesky on HAIF, looking West from I10E:

NYC2ATX · #**11656** Posted **May 24, 2020, 7:17 AM**

Not an angle we typically see in photos, and I love how it features some of the newest towers most prominently, and the right side is about to fill in even more.

TexasPlaya · #**11657** Posted **May 24, 2020, 2:29 PM**

Quote:

Originally Posted by NYC2ATX

Not an angle we typically see in photos, and I love how it features some of the newest towers most prominently, and the right side is about to fill in even more.

Agreed, you have the new and the old.

The Best Forumer · #**11658** Posted **Jun 9, 2020, 4:59 AM**

Thank you for the info... and investing in the future... and the cool shots.

Urbannizer · #**11659** Posted **Jun 16, 2020, 12:34 AM**

Hines and 2ML Real Estate Interests to Build Levit Green

Quote:

Hines, the international real estate firm, has finalized an exclusive agreement with 2ML Real Estate Interests to develop Levit Green, more than 52 acres of prime real estate adjacent to the Texas Medical Center. The thoughtfully designed masterplan will offer a curated mix of uses, including research facilities, office, residential, shopping and dining, outdoor amenities and green space at the epicenter of Houston’s biotech, corporate life sciences and medical research hub.

Located inside Houston’s I-610 Loop, steps from one of the city’s largest parks, myriad arts and cultural institutions and vibrant retail offerings, Levit Green will offer amenities that are increasingly rare today: unparalleled size, versatility and connectivity within the city’s urban core. The unique property is less than three miles from Houston’s Central Business District and its prominent location enjoys immediate access to State Highway 288, METRORail, METRO bus, bike trails and the planned TMC³ medical research campus.

A partnership between the Hines and Levit families, two names synonymous with Houston, Levit Green will go beyond a live-work-play paradigm to create an environment that fosters interaction and collaboration in and out of the laboratory. From venture capital to IPOs and M&A, investment in life sciences is reaching all-time highs. We are seeing record-breaking R&D spending creating the need for highly sophisticated lab space and cutting-edge pharmaceutical facilities.

“At 15.5%, Houston has one of the highest five-year growth rates in life sciences establishments in the United States. Impressive advancements in therapeutics, science and innovation are driving demand for real estate,” stated John Mooz, senior managing director at Hines. “With multimodal connectivity and proximity to TMC, we believe Levit Green will create a new and needed destination for Houston’s rapidly growing life sciences cluster.”

An initial piece of the property was acquired by Joe Levit, founder of The Grocers Supply Co, which grew to be the largest independently owned wholesaler of grocery products in the southeast U.S. and the largest supplier of Hispanic grocery products in the country. Through the dedication of four generations of the Levit Family, Grocers Supply has enjoyed 97 years of success in serving and partnering with independent grocers to provide quality products for communities in Texas and surrounding states.

“We are excited to bring the shared vision of Hines and the Levit family to the community. Our family has deep roots in the neighborhood, and we believe this development will add tremendous value to the area and the Texas Medical Center,” said Max Levit, President of 2ML Real Estate.

TexasPlaya · #**11660** Posted **Jun 16, 2020, 1:19 AM**

^^^
Really exciting news. If there's some silverlining to Covid is that it may spur more life science investment that Houston can capture. Here's an aerial of the Levit Green site from CrockPotandGravel on HAIF: