HOUSTON | Development Thread II [Archive] - Page 98

Urbannizer

Jun 22, 2016, 10:04 PM

More mixed-use heading for Allen Parkway (http://www.bizjournals.com/houston/news/2016/06/22/mixed-use-development-slated-for-site-near-buffalo.html)

Roberto Contreras, president and CEO of Houston-based DC Partners, told the Houston Business Journal he plans to start an approximately $500 million mixed-use development at the southeast corner of Allen Parkway and Gillette Street in early 2018. The 6.01-acre project is expected to feature a luxury hotel, housing, shops and an office tower. Gensler designed the overall master plan layout for the site.

The company, along with Tianqing Real Estate Development LLC, bought the property from HTX Real Estate Partners in a deal that closed in May. Contreras said he could not disclose the cost of the deal.

Contreras said the luxury hotel, the first phase of the project, would have about 150 to 180 rooms and would open around 2020.

Site:

https://c2.staticflickr.com/8/7448/27744178202_0a3cfd57dd_b.jpg

Urbannizer

Jun 23, 2016, 5:51 AM

Hanover Boulevard Place

27-story residential high-rise begins construction next month.

https://c2.staticflickr.com/8/7352/27658932432_e6bf7c513f_b.jpg

https://c2.staticflickr.com/8/7584/27658931372_e926755544_b.jpg

Urbannizer

Jun 23, 2016, 12:13 PM

Giorgetti Houston (http://www.houstonarchitecture.com/haif/topic/33705-giorgetti-houston-6-story-residential-building/)

6-story residential condo building for Upper Kirby by Stolz Partners. 32 units.

http://miradorgroup.com/media/site/Projects/Giorgetti-Houston/_full/01-Giorgetti_Exterior.jpg

http://miradorgroup.com/media/site/Projects/Giorgetti-Houston/_full/02-Giorgetti_Exterior.jpg

http://miradorgroup.com/media/site/Projects/Giorgetti-Houston/_full/20-Giorgetti_Exterior.jpg

Urbannizer

Jun 24, 2016, 2:11 AM

Allen Center Redevelopment (http://allencenterhouston.com/)

Now underway.

https://c2.staticflickr.com/8/7127/27791967331_838c070856_b.jpg

ooooaaaah!

Jun 24, 2016, 3:44 AM

Hanover Boulevard Place

27-story residential high-rise begins construction next month.

Glad to see they included four high rises that are proposed but don't currently exist.

Urbannizer

Jun 24, 2016, 7:23 AM

723 Main to become an AC Hotel by Marriott (http://www.houstonarchitecture.com/haif/topic/33660-723-main-street-to-become-an-ac-hotel-by-marriott/?_fromLogin=1).

http://www.houstontexascriminalattorney.com/files/graphics/pennybuilding.jpg

More Details:

http://www.houstonchronicle.com/business/real-estate/article/Downtown-s-Main-Street-to-see-more-upscale-changes-8214081.php?t=65f3fd172a&cmpid=twitter-premium

Construction will not start on the project until the first quarter of 2018 and take 13 months to complete. About 200 construction jobs and as many as 100 permanent hotel employees will be created by the project, Franks said.

"To be sure, the estimated $44 million project will add more shine to downtown's overall revitalization, which includes new residential towers, hotels and restaurants. Yet, unlike some of the historic structures nearby, the original facade of 723 Main will remain hidden beneath cladding that was placed over it 50 years ago."

The developer is planning a series of improvements in order to turn the building into "modernized" version of what it is now. Those include automatic glass entry doors, new windows on Main and Rusk, canopy replacement and repair and new lighting.

The hotel will have an event space able to house as many as 400 guests for weddings, conferences or civic events. It will be called the Zoe Ballroom, using the name of a silent movie theater that once operated on the block called the Zoe Theater.

https://c2.staticflickr.com/8/7371/27879810525_0ca4b8ffcb_b.jpg

https://c2.staticflickr.com/8/7460/27879811015_39b612d862_b.jpg

Urbannizer

Jun 24, 2016, 7:05 PM

Aris Market Square

https://c2.staticflickr.com/8/7628/27845472135_405b9f90de_b.jpg

609 Main at Texas

https://c2.staticflickr.com/8/7324/27269406963_8353789914_b.jpg
Photos c/o rechlin @HAIF

HSPVA

https://c2.staticflickr.com/8/7210/27780497682_d2df10b32c_b.jpg

Hotel Alessandra

https://c2.staticflickr.com/8/7477/27846992466_0daed43130_b.jpg

Marlowe

https://c2.staticflickr.com/8/7390/27260322343_320227e5d0_b.jpg
Photos c/o hindesky @HAIF

Catalyst

http://i1016.photobucket.com/albums/af288/MoeNole86/Mobile%20Uploads/20160623_064603_zpspkpb1v5b.jpg
c/o Nole23 @haif

Marriott Marquis

http://www.houstonarchitecture.com/haif/applications/core/interface/imageproxy/imageproxy.php?img=https%3A%2F%2Ffarm8.staticflickr.com%2F7655%2F27287942111_16dca8685a_z.jpg&key=ee2e73ffbc6210f5a36279eb8aa8a502395ed9ece38c152b31c3984b1a2b29d4

http://www.houstonarchitecture.com/haif/applications/core/interface/imageproxy/imageproxy.php?img=https%3A%2F%2Ffarm8.staticflickr.com%2F7401%2F27358411935_ac1fa56ce2_b.jpg&key=033ad620cf4f6c61e74e34317e89488c9b711ca0a43b579cde6095a1d12f42ca

http://www.houstonarchitecture.com/haif/applications/core/interface/imageproxy/imageproxy.php?img=https%3A%2F%2Ffarm8.staticflickr.com%2F7661%2F27260729372_c2e5c1bf5e_b.jpg&key=56f3c657eae856571b06c4c7ccc3bab9e94976cf1d2e50cc1e7b1e719b6a40f6
c/o HoustonMidtown @HAIF

glowrock

Jun 25, 2016, 3:19 PM

[B]609 Main at Texas

https://c2.staticflickr.com/8/7324/27269406963_8353789914_b.jpg
Photos c/o rechlin @HAIF

That's funny, I can quite literally see my apartment in this shot! (bottom left, I believe 4th level up from the bottom of the photo) :yes:

Aaron (Glowrock)

Urbannizer

Jun 27, 2016, 10:55 PM

Hanover Blvd Place

30 stories

http://i7.photobucket.com/albums/y266/brijonmang/image1_zpspazdljya.jpg

http://i7.photobucket.com/albums/y266/brijonmang/image3_zpsc7mx1wxk.jpg

http://i7.photobucket.com/albums/y266/brijonmang/image2_zps02pkukrk.jpg

Urbannizer

Jul 1, 2016, 7:18 PM

Court of appeals rules in favor of Ashby high-rise developers (http://www.chron.com/business/real-estate/article/Court-of-appeals-rules-in-favor-of-Ashby-8336479.php)

A state appellate court has reversed a portion of the 2014 judgment that would have required developers of the so-called Ashby high-rise to pay damages to residents in the neighborhood near Rice University should they build the controversial residential tower.

The judgment was based on a jury's verdict awarding damages of almost $1.7 million to nearby homeowners in a protracted battle to keep Buckhead Development Partners from building the 21-story tower.

The Chronicle reported in 2014:

The 12-person jury awarded damages to 20 of the nearby households - contingent upon the high-rise being built - agreeing that it's the wrong project on the wrong site. Only those living within about one block of the high-rise were awarded damages.

http://ww1.hdnux.com/photos/45/65/71/9920116/5/920x920.jpg

Urbannizer

Jul 2, 2016, 5:38 PM

Former Holiday Inn / Days Inn quietly being redeveloped to a Sheraton hotel:

http://www.houstonarchitecture.com/haif/topic/2503-holiday-days-heaven-on-earth-inn-801-calhoun-being-redeveloped-into-a-sheraton/?do=findComment&comment=535109

Just ran into some guys on site. They had just finished clearing out all the steel from each floor.

Apparently the Sheraton is suppose to be done before Super Bowl with a significant pick up in activity in a couple of months.

Seems like a really difficult timeline to meet, but it was good seeing activity on site. We shall see...

Bailey

Jul 3, 2016, 2:03 PM

Court of appeals rules in favor of Ashby high-rise developers (http://www.chron.com/business/real-estate/article/Court-of-appeals-rules-in-favor-of-Ashby-8336479.php)

http://ww1.hdnux.com/photos/45/65/71/9920116/5/920x920.jpg

I really don't understand the controversy over this project.

1) we live in a city with NO zoning laws and loose deed restrictions (if applicable)
2) this is project is located way inside the loop...a place which gets denser every single day WITH actual urban/walk-able developments!
3) this project was replacing an apartment complex....it was already established as multi-family use. Its not like this is being built on one of the single family home lots.

The NIMBYs can cry and threaten all they want but they have no legitimate reasons to prevent this project from happening.

Twitter1

Jul 3, 2016, 11:37 PM

I really don't understand the controversy over this project.

1) we live in a city with NO zoning laws and loose deed restrictions (if applicable)
2) this is project is located way inside the loop...a place which gets denser every single day WITH actual urban/walk-able developments!
3) this project was replacing an apartment complex....it was already established as multi-family use. Its not like this is being built on one of the single family home lots.

The NIMBYs can cry and threaten all they want but they have no legitimate reasons to prevent this project from happening.

Think the problem was traffic? A residential tower will increase the traffic over a mid rise? apartment complex. I could be wrong, not really following.

A traffic study should have indicated things. New driveways, sidewalks, stop signs, and traffic lights would have also been added? As with any new development, it'll bring more traffic.

Best thing to come out of this whole drama ordeal :cheers:
http://i.imgur.com/qKo44AI.jpg

Bailey

Jul 4, 2016, 2:24 PM

Think the problem was traffic? A residential tower will increase the traffic over a mid rise? apartment complex. I could be wrong, not really following.

A traffic study should have indicated things. New driveways, sidewalks, stop signs, and traffic lights would have also been added? As with any new development, it'll bring more traffic.

Best thing to come out of this whole drama ordeal :cheers:
http://i.imgur.com/qKo44AI.jpg

But it was replacing a multi family apartment complex that already had vehicles go in and out of Bisonnet. If anything, this project is a mixed use design (restaurants at the base) and could actually increase pedestrian traffic.

Urbannizer

Jul 5, 2016, 3:13 PM

CityCentre Developer Midway Makes a Move on That 136-Acre Former KBR Site Along Buffalo Bayou in the Fifth Ward (http://swamplot.com/midway-makes-a-move-on-the-former-kbr-site-in-fifth-ward/2016-07-05/)

Whatever’s in store for the 136-acre former KBR site along the the Ship Channel at 4100 Clinton Dr., CityCentre developer Midway now looks to be involved. Documents filed with the county clerk’s office near the end of May reveal that Cathexis Holdings recently sold the site to KBRN, an entity connected to Midway through a recently minted corporate partnership (and officially located down the hall from Midway’s CityCentre office.)

And might Midway — which also heads the team that turned failed Downtown Mall Houston Pavilions into GreenStreet, and is developing the Kirby Grove park-and-office-building complex along the banks of the Southwest Fwy. in Upper Kirby — have some big office-shopping-residential-and-park-y plans in mind for this vast property, which lies about a mile and a half downstream from Downtown? A couple of clues are out there:

Midway’s annual report from 2015 mentions plans for a major mixed-use project along Houston’s “historic riverfront.” The KBR site, set amid other historic and current industrial operations, is bordered by about a mile of the northern bank of Buffalo Bayou.

(The Turning Basin, where that same waterway officially takes on the name of the Houston Ship Channel, is less than a mile to the east.) Midway has also been applying for a trademark for a yet-unannounced project called Northbank Buffalo Bayou; the company published the legal notice required as part of that application process just a few days after the KBRN sale documents were signed.

http://x.lnimg.com/photo/poster_1920/9ca04705cb7d45f38423817594da6684.jpg

The Best Forumer

Jul 5, 2016, 6:08 PM

That's a lot of land. Hope they build something nice and grand. After they remove the undesirables of course.

photoLith

Jul 5, 2016, 7:41 PM

Court of appeals rules in favor of Ashby high-rise developers (http://www.chron.com/business/real-estate/article/Court-of-appeals-rules-in-favor-of-Ashby-8336479.php)

Jeez, that only took 6 years...

weatherguru18

Jul 6, 2016, 11:48 AM

Urbannizer

Jul 6, 2016, 2:17 PM

What are the chances that Ashby will come to fruition? Are the developers actively pursuing this project or did they give up on it but continue to troll the neighbors for being such a-holes about the whole thing?

Back in March the developers said they still plan to move forward but have not yet selected a general contractor.

Urbannizer

Jul 6, 2016, 3:02 PM

Exclusive: Houston developer to restart stalled luxury condo project (http://www.bizjournals.com/houston/morning_call/2016/07/exclusive-houston-developer-to-restart-stalled.html)

A luxury condominium project in Montrose — stalled at the start of the oil slump by a lack of financing — is expected to break ground in August.

Ron Lozoff, a longtime Houston condo developer, broker and consultant, announced his Topaz Villas project in June 2014, just before oil prices began to plummet. The six-story, 15-unit upscale condo building is proposed for a half-acre site at 4520 Yoakum Blvd., just south of Richmond Avenue and one block west of Montrose Boulevard near the University of St. Thomas.

http://topazvillas.com/wp-content/uploads/2014/05/home-feature.jpg

Urbannizer

Jul 7, 2016, 7:33 PM

Aurora; 3615 Montrose axed due to poor sales.

https://www.bisnow.com/houston/news/multifamily/uptown-project-is-latest-on-list-of-stalled-luxury-condos-62388

Aurora, a 16-story, 40-unit condo project, has been shelved by its developer, Sims Luxury Builders. Sims was not able to meet the construction lender's pre-sale requirements, reports the Houston Business Journal.

http://ww3.hdnux.com/photos/40/21/77/8462278/7/920x920.jpg

http://www.bizjournals.com/houston/morning_call/2016/06/exclusive-houston-developer-shelves-plans-for.html

Riverway Properties ended up selling 12 units out of the 34 — just shy of the 50 percent threshold required by its lenders to break ground on the project.

http://media.culturemap.com/crop/26/f4/633x475/Riverway-Properties-Montrose-luxury-midrise-rendering-August-2014-Philip-JohnsonAlan-Ritchie-Architects_102945.jpg

Monarch

Jul 7, 2016, 8:06 PM

^^^ some of these developers need to become a bit more patient with some of these proposed projects that they are anticipating shelving. the houston area economic turnaround is on its way.....

Ant131531

Jul 7, 2016, 8:08 PM

^^^ some of these developers need to become a bit more patient with some of these proposed projects that they are anticipating shelving. the houston area economic turnaround is on its way.....

Shelving doesn't mean they've completely dumped the project permanently. It's like putting a book on a shelf. You can always grab it again if you need to. A lot of these projects currently getting shelved in Houston, you may see again in a few years as the market rebounds.

JManc

Jul 7, 2016, 9:46 PM

Urbannizer

Jul 9, 2016, 5:25 AM

Carter and Southmore in The Museum District:

7/1

https://c1.staticflickr.com/9/8794/28108542211_b579c4520e_b.jpg
http://www.houstonarchitecture.com/haif/topic/28275-the-southmore-hines-museum-district-highrise/?do=findComment&comment=535148

Urbannizer

Jul 9, 2016, 4:18 PM

Holiday Inn Express, Staybridge Suites to rise in the Galleria (http://www.bizjournals.com/houston/morning_call/2016/07/exclusive-dual-branded-hotel-to-rise-in-galleria.html)

A dual-branded Holiday Inn Express and Staybridge Suites is coming to Houston's Galleria area, a spokesperson for U.K.-based Intercontinental Hotels Group (NYSE: IHG) told the Houston Business Journal. The brand's franchise agreement was signed in May 2015, the spokesperson said.

Houston-based American Liberty Hospitality Inc. is the franchisee and will develop the hotel, but declined to comment on a timeline or specific location. A rendering of the hotel can be seen on American Liberty Hospitality's website. American Liberty Hospitality just wrapped up another dual-branded hotel in Houston – the 300-room Hampton Inn and Homewood Suites by Hilton, which opened in March.

http://www.amliberty.com/wp-content/uploads/2016/06/dual-brand.jpg

Urbannizer

Jul 11, 2016, 9:47 PM

Alexan Yale

https://c3.staticflickr.com/8/7425/27853330890_894901be07_b.jpg (https://flic.kr/p/JriASW)
Alexan Yale (https://flic.kr/p/JriASW) by Marc longoria (https://www.flickr.com/photos/119926851@N02/), on Flickr

https://c3.staticflickr.com/8/7551/27853333170_6b704ab253_b.jpg (https://flic.kr/p/JriByf)
Alexan Yale (https://flic.kr/p/JriByf) by Marc longoria (https://www.flickr.com/photos/119926851@N02/), on Flickr

https://c6.staticflickr.com/8/7792/27518832893_da3bfee339_b.jpg (https://flic.kr/p/HVKdh6)
Alexan Yale (https://flic.kr/p/HVKdh6) by Marc longoria (https://www.flickr.com/photos/119926851@N02/), on Flickr

1111 Durham

https://c5.staticflickr.com/8/7360/27915935932_97e1d48030_b.jpg (https://flic.kr/p/JwQtbd)
Center/Durham HTX - 7/1/2016 (https://flic.kr/p/JwQtbd) by Matthew Wilkins (https://www.flickr.com/photos/140197818@N02/), on Flickr

Urbannizer

Jul 11, 2016, 10:36 PM

Mayor Turner vows to bring amusement park to Houston (http://houston.culturemap.com/news/city-life/07-06-16-a-new-astroworld-mayor-turner-vows-to-bring-amusement-park-to-houston-1/#bmtags:title-link,placement:slot-1)

In a recent informal lunch with members of the media as he approached six months in office, Mayor Sylvester Turner ticked off the important things his administration has accomplished — unanimous passage of a balanced budget, pothole repairs — and issues he plans to tackle — the pension mess, the Kush problem in city parks, serious street repair projects, job development.

But what really got the mayor excited is the idea of a major amusement park within the city limits of Houston. "If we want to be that destination city in terms of conferences and tourism, we have to have that component in this city," he said.

Turner said the park would have to be located in Houston and not in a suburb.

"I'm not talking about in Katy or Tomball or Spring or Pearland," he said. "I'm talking about within the 640 square miles of the city of Houston. That's something we are missing and we are putting out in the atmosphere. Hopefully there will be major investors who are looking within the 640 square miles. You can't be the fourth largest city, soon to be the third, and not have that added component. So we are taking a very hard look at finding that sort of amusement center."

Urbannizer

Jul 12, 2016, 12:59 AM

Two apartment projects proposed by Farb Homes.

http://firstrumor.com/farb/apartment-homes/

The Bowery on Montrose - 10 stories, 2409 Montrose St (https://www.google.com/maps/place/2409+Montrose+Houston/@29.7475455,-95.3919221,3a,75y,81.82h,90t/data=!3m6!1e1!3m4!1sI0TZOW8UfdmK2AFWJHab0Q!2e0!7i13312!8i6656!4m2!3m1!1s0x0:0xfc486f6d020c0b62!6m1!1e1).

http://www.farbhomes.com/wp-content/timthumb.php?src=/uploads/2016/01/Bowery-on-Montrose-03-01.jpg&w=1204&h=752

City Place Memorial Park - 2 buildings (5 stories each), 160 Birdsall St. (https://www.google.com/maps/place/160+birdsall+st+houston+tx+77007/@29.7623614,-95.4200889,3a,75y,98.61h,90t/data=!3m4!1e1!3m2!1sY6jdQATnqNNwVoNE1HDbug!2e0!4m2!3m1!1s0x0:0xcce2856721b67545?sa=X&ved=0ahUKEwjMx4_i3OzNAhXLOiYKHeKmCIkQxB0IHDAA)

http://firstrumor.com/farb/wp-content/timthumb.php?src=/uploads/2016/01/Birdsall-Gallery.jpg&w=1504&h=752

TexasBoi

Jul 12, 2016, 1:56 AM

The Best Forumer

Jul 12, 2016, 9:17 PM

Mayor Turner vows to bring amusement park to Houston (http://houston.culturemap.com/news/city-life/07-06-16-a-new-astroworld-mayor-turner-vows-to-bring-amusement-park-to-houston-1/#bmtags:title-link,placement:slot-1)

This is the most exciting news in years!

There is plenty of land inside the loop... just east of downtown... and that huge parcel of land where KBR used to be... on Clinton... perfect.

Or somewhere else in EADO. Or on Almeda...

Urbannizer

Jul 12, 2016, 10:44 PM

Does that first apartment going up in Montrose have retail as a component? Seems it would be perfect for it on there. no? Especially on a road that I assume is heavily traversed in a popular neighborhood.

No GFR surprisingly. Great location for it I agree, and with retail doing so well right now I don't see why not.

Urbannizer

Jul 12, 2016, 10:53 PM

PMRG's 3300 Main high-rise in Midtown moving forward!

Asbestos-Laden Mod Code Enforcement Office Now Getting Swapped for Mixed Use Highrise on Main St. (http://swamplot.com/asbestos-laden-mod-code-enforcement-office-now-getting-swapped-for-mixed-use-highrise-on-main-st/2016-07-12/)

THE 1967 OCCUPANT of 3300 Main St., which previously housed the city code enforcement office, is currently getting its asbestos removed in anticipation of its impending demolition, according to a reader involved in the work. The structure and its parking lot grounds were bought from the city in 2011 by the Midtown Redevelopment Authority, who later sold it to PM Realty (the developers of the glass-petticoated apartment tower at 2929 Weslayan, who are also currently working on the less-is-more-branded Ivy Lofts tiny condo complex in East Downtown).

What’s going to take the code building’s place, between the new MATCH box theater collection and the Houston Community College buildings to the north on Main St.? The involved reader confirms that the rendering below shows the current design in place along the light rail line; materials from co-investor AECOM say the highrise should hold 336 apartments and 14,390 sq.ft. of retail space.

The reader says construction should start in September after demolition wraps up.

http://www.aecom.com/wp-content/uploads/2015/10/Photo-13-894x531.jpg

Reverberation

Jul 13, 2016, 2:12 AM

^^^^

https://67.media.tumblr.com/82a98ba71d60495ae0789aa876429f7f/tumblr_n0cpp9fflP1sia4voo1_400.gif
www.tumblr.com

Urbannizer

Jul 13, 2016, 3:18 PM

Atlanta developer teams up with Italian furniture maker for second Houston condo project (http://www.bizjournals.com/houston/news/2016/07/12/atlanta-developer-teams-up-with-italian.html)

An Atlanta developer has partnered with a high-end Italian designer to build its second luxury condominium project in Houston.

Stolz Partners LLC, in collaboration with furniture maker Giorgetti, are planning to develop Giorgetti Houston, a luxury condo project in Upper Kirby.

The seven-story, 32-unit project will sit on a little less than an acre at the northeast corner of Steel Street and Virginia Avenue, just south of the West Ave mixed-use development. Stolz Partners is currently under contract for the land, which was the former site of the Kirby Court apartments.

Stolz Partners plans to open an on-site sales center in mid-September and will break ground on the project after preselling half of the units. Houston-based Sudhoff Cos. is marketing the project. The general contractor and engineering teams are yet to be determined.

http://miradorgroup.com/media/site/Projects/Giorgetti-Houston/_full/01-Giorgetti_Exterior.jpg

Urbannizer

Jul 13, 2016, 3:51 PM

Houston retail surges with strongest absorption in nearly a decade (http://www.bizjournals.com/houston/morning_call/2016/07/houston-retail-surges-with-strongest-absorption-in.html)

Thanks to a healthy pipeline of mixed-use developments and hungry grocery developers, Houston's retail industry posted some of the highest absorption numbers in nearly a decade, according to a recent CBRE report.

Houston absorbed roughly 1.5 million square feet during the second quarter of 2016, which is the best net absorption for Houston retail since 2007, according to the report. The greater Houston retail market's occupancy is 94.2 percent and the Class A retail market has even higher occupancy rates, according to the report.

https://c1.staticflickr.com/9/8860/28005043000_9c9da7b32b_b.jpg

The Best Forumer

Jul 14, 2016, 7:38 PM

Urbannizer

Jul 14, 2016, 11:31 PM

Hanover BLVD Place:

https://c2.staticflickr.com/8/7301/28310496795_767d120517_b.jpg

Monarch

Jul 15, 2016, 12:26 AM

http://www.scrapbit.com/wp-content/uploads/2009/10/happy.png
^^^ this new HANOVER TOWER slated for the UPTOWN HOUSTON DISTRICT....
stylin and profilin....

The Best Forumer

Jul 15, 2016, 7:44 PM

http://www.scrapbit.com/wp-content/uploads/2009/10/happy.png
^^^ this new HANOVER TOWER slated for the UPTOWN HOUSTON DISTRICT....
stylin and profilin....

I dont know... I mean... it's hard to tell most of these new resi towers apart... many of them are within 5 stories of each other so they are very similar in hight as well... also... most of them do look very similar...

Urbannizer

Jul 16, 2016, 4:34 PM

1111 Rusk

https://c1.staticflickr.com/9/8851/27730234954_10e466eb96_b.jpg

https://c1.staticflickr.com/9/8656/28268046501_bec2f0214e_b.jpg
c/o rechlin @HAIF

photoLith

Jul 17, 2016, 2:23 AM

^
Wow glad that is finally coming to completion, its taken long enough.

shakman

Jul 17, 2016, 8:44 PM

When will the tower portion commence?

Urbannizer

Jul 17, 2016, 9:11 PM

When will the tower portion commence?

No start date has been given for Phase II. The garage it'll stand on is finally under construction. Move-ins were initially expected for the 2Q.

Michi

Jul 18, 2016, 3:30 AM

Correct me if I am wrong, but I don't believe the residential tower is a part of this development anymore. Only the parking garage and ground-level retail space are being built. :???:

Urbannizer

Jul 18, 2016, 4:37 AM

Correct me if I am wrong, but I don't believe the residential tower is a part of this development anymore. Only the parking garage and ground-level retail space are being built. :???:

It's still on the table, just may happen later on. The garage is being built to accommodate the tower, 700 spaces will be available. The historic buildings will have just over 300 units.

Urbannizer

Jul 19, 2016, 3:06 AM

Demo underway for Phase III of The James/Ivy at Westheimer and Mid Lane.

https://c1.staticflickr.com/9/8825/28402890855_0d01e77e13_b.jpg

https://c1.staticflickr.com/9/8863/28402891685_454e0f1a15_b.jpg

https://c2.staticflickr.com/8/7722/28298071022_9f006dd325_b.jpg
http://houston-texas-us.blogspot.com/2016/07/coming-up-for-demo-next-4200-westheimer.html

Urbannizer

Jul 20, 2016, 9:20 AM

The Mondrian at The Museums (http://www.mondrianhouston.com/)

Residential, 20 units - 8 fl - 5104 Caroline St., Museum District - Demo

http://static1.squarespace.com/static/550f4649e4b0907feb9f808c/t/5637bf7fe4b080a8b7ec1dd6/1441974804965/TheMondrianHouston_1.jpg?format=1000w

https://c1.staticflickr.com/9/8307/27758936503_3e5b6be449_b.jpg

Glassell School of Art - MFAH Expansion Phase I

https://c1.staticflickr.com/9/8870/28395808826_0e3251ef78_b.jpg

https://c1.staticflickr.com/9/8752/28323521132_7d2a458e35_b.jpg

https://c1.staticflickr.com/9/8370/28395808536_d949daebe1_b.jpg
c/o hindesky @HAIF

Urbannizer

Jul 20, 2016, 6:12 PM

Base for The Cosmopolitan being worked on:

https://c1.staticflickr.com/9/8396/27820076713_4833785aa2_b.jpg
c/o TowerSpotter @HAIF

AviationGuy

Jul 21, 2016, 1:36 AM

What are they doing to the base?

ooooaaaah!

Jul 22, 2016, 4:21 AM

What are they doing to the base?

I heard they had a pool leak, they ripped all the garage panels on the south side and replaced them. Between their yapping about the BRT and trying to get in to Ashby Heights litigation, that place is a mess. The pool leak doesn't help either but I'm assuming the builder will cover that.

The Best Forumer

Jul 22, 2016, 7:41 PM

So this will be another Tremont Tower, eh? Awesome.

Urbannizer

Jul 23, 2016, 5:20 AM

New Hugo Ortega concept, other restaurants revealed for convention district (http://www.bizjournals.com/houston/news/2016/07/21/new-hugo-ortega-concept-other-restaurants-revealed.html)

A new restaurant from an acclaimed local husband-and-wife duo is among eight eateries Houston First Corp. announced for the transformation of Houston’s convention district.

The restaurants will be on the ground floor of the George R. Brown Convention Center and inside the Marriott Marquis Houston Downtown, which is expected to open later this year. Specific opening dates for the restaurants were not provided.

Confirming earlier rumors, chef Hugo Ortega and his wife, restaurateur Tracy Vaught, will open a new concept, Xochi, on the ground floor of the Marriott Marquis overlooking Discovery Green.

Few specific details about Xochi were provided, but the name means to bloom or catch fire, according to Houston First’s press release. Ortega and Vaught’s other H Town Restaurant Group concepts are Hugo’s, Caracol and Backstreet Cafe, and they most recently became partners in Origen, a restaurant in Oaxaca, Mexico. Ortega was a James Beard Award semifinalists for the fifth time this year, and Vaught received her first nod.

Another restaurant coming to downtown is Grotto, a Italian restaurant owned by Tilman Fertitta’s Landry’s Inc. According to Houston First, the new location will be “not your typical Grotto” and will have one of the largest grappa collections in downtown Houston. It will be 7,348 square feet in the George R. Brown.

https://c1.staticflickr.com/9/8763/28379583102_1775545093_b.jpg

Mayor to relaunch study for new justice complex (http://www.chron.com/news/politics/houston/article/Mayor-to-relaunch-study-of-new-justice-complex-8403908.php)

Mayor Sylvester Turner has formed a committee to study how to acquire a new police headquarters and courts complex for Houston.

Former mayor Annise Parker spent more than two years studying how to replace the city's aging "justice complex" but ultimately abandoned it without having found a viable funding source or getting City Council support for identifying one.

The project has been discussed in some form for decades, and Parker administration officials briefed council members on the idea at least six times toward the end of her tenure, spending $3.5 million on consultants and advisers in the process.

Turner has named Bracewell attorney Barron Wallace and retired Hines executive Louis Sklar as co-chairs of the commission. For the moment, they form a commission of two. They will suggest additional members to the mayor, Turner's spokeswoman Janice Evans said.

Twitter1

Jul 23, 2016, 5:45 AM

Chevron's campus on 4800 Fournace Place in Bellaire.

DE Harvey Builders spotted. Anybody know what's going on?

Chevron selling parcels in Bellaire and west Houston
http://www.chron.com/business/real-estate/article/Chevron-selling-sprawling-Bellaire-campus-8403154.php

The Bellaire facility at 4800 Fournace Place near the West Loop is being sold as part of an effort to "maximize our office space usage," Chevron spokesman Cam Van Ast said in an email Friday.

Employees who work in the building will move by the end of 2017.

The second property for sale includes 103 acres at Clay Road and the Grand Parkway. The company bought it about two years ago for a research and development facility. Cushman & Wakefield is marketing the site.

Texas "remains the global center for our upstream business and other functions and we expect to continue to be a long-term partner to the city and state," Van Ast said,

Urbannizer

Jul 24, 2016, 8:17 AM

3400 Montrose:

https://c1.staticflickr.com/9/8609/28430613431_7a46c10be3_b.jpg
c/o hindesky @HAIF (http://www.houstonarchitecture.com/haif/topic/26859-3400-montrose-new-30-story-high-rise-at-montrose-hawthorne/?do=findComment&comment=536140)

The Best Forumer

Jul 25, 2016, 5:02 PM

Looks good.

Urbannizer

Jul 26, 2016, 5:36 AM

Exclusive: Houston’s first major micro-unit condo project shifts direction (http://www.bizjournals.com/houston/news/2016/07/25/exclusivehouston-s-first-major-micro-unit-condo.html)

The developer is now redesigning the project into one of the first condo hotels in Houston, Tsai said. Condo hotels, or a contel, is a condo building that is operated as a hotel. When the buyers aren’t using their condos, it is rented out to visitors.

“The micro-condo concept works, but we had to tweak our project a little bit, trying to create something more favorable to investors,” Tsai said. “Investors want an investment vehicle. We project between a 7 percent and 9 percent return.”

The condo hotel idea is still in the conceptual stages, and more firm details like unit counts are still being worked out, Tsai said. However, the project could include a co-working office and retail components, he said.

Novel Creative Development hopes to relaunch the redesigned project after Labor Day, Tsai said.

Obsolete rendering:
https://c1.staticflickr.com/1/600/22572881505_c6303dca0e_b.jpg

Exclusive: 'Serious discussions' underway for Shell's TMC land (http://www.bizjournals.com/houston/news/2016/07/25/exclusive-serious-discussions-underway-for-shells.html)

The 21.3-acre tract in the Texas Medical Center that Cushman & Wakefield is marketing for Shell Oil Co. is getting attention from mixed-use developers, investors and more, a broker for the land told the Houston Business Journal.

"We have five offers in, and we’re in serious discussions with a few of those," said Jeff Peden with Cushman & Wakefield, who's marketing the site at 1500 Old Spanish Trail alongside David Cook, Tim Relyea and Joseph Peddie. The site is the largest contiguous redevelopment site in the Texas Medical Center area, according to a statement from Cushman & Wakefield.

http://ww1.hdnux.com/photos/45/33/53/9812708/5/920x1240.jpg

Urbannizer

Jul 28, 2016, 4:04 AM

2nd residential high-rise for Midtown will be developed by Australia's Caydon Property Group!

http://caydon.com.au/portfolio-newsletter-houston-takes-off/

Caydon has recently expanded operations into the US and opened a new office in Houston, Texas. As we continue to look into sites and opportunities in other states, our first development, The Midtown in Houston is moving forward.

The site for The Midtown is in a specifically chosen location, strategically placed for success. The area is poised to become the most exciting destination in Houston's inner city sitting alongside the Metro Rail, only five kms from the world’s biggest Medical Precinct.

Caydon has appointed tier one US architects, Zeigler Cooper Architects to design the project and it is predicted construction will begin on the 380 apartment development in January 2017. The Midtown will offer the sophistication and lifestyle of a hotel style residence with a sky lounge, pool deck and its own dog park.

Houston will be hosting the Super Bowl in 2017 and the attention and excitement this will bring to town will offer great opportunities for our new development. Everyone at Caydon is excited and looking forward to our entry into the US market with anticipation.

http://caydon.com.au/wp-content/uploads/2016/07/Portfolio_Images_911x500px_Houston.jpg

Urbannizer

Jul 28, 2016, 4:35 PM

Aris Market Square

https://instagram.fhou1-2.fna.fbcdn.net/t51.2885-15/e35/13715046_639973966161224_1490894768_n.jpg?ig_cache_key=MTI5ODcxMDM4ODE3ODg1NDQ5MA%3D%3D.2

https://instagram.fhou1-2.fna.fbcdn.net/t51.2885-15/e35/13774190_262461500803069_313517897_n.jpg?ig_cache_key=MTMwMjU4NDYyMjI0ODUyOTczMA%3D%3D.2
@gspotphotography (https://www.instagram.com/p/BIF8jeZgqJa/?taken-by=gspotphotography) via Instagram

JManc

Jul 28, 2016, 8:04 PM

Aris Market Square. Otherwise known as the Frank's Pizza Tower.

Urbannizer

Aug 4, 2016, 1:30 PM

Pelican Builders proposes luxury condo project near River Oaks (http://www.houstonchronicle.com/business/real-estate/article/Pelican-Builders-test-market-for-a-new-luxury-9070270.php)

A neighborhood touching River Oaks where tall buildings and multimillion-dollar townhomes are increasingly replacing the area's original midcentury real estate has captured the attention of a veteran high-rise developer who wants to build a nine-story condominium project there catering to wealthy empty nesters looking to downsize.

The planned building, designed by the Kirksey architecture firm, would have 33 condominiums priced between $1.6 million and $2.9 million. Floor plans will range from 2,677 to 3,867 square feet.

Pelican Builders is under contract to buy the half-acre site, which houses a small condominium complex called River Oaks Manor. The building was developed in 1950 and has 26 units with individual owners. Pelican has been trying to buy the property for more than a year.

http://ww4.hdnux.com/photos/50/64/10/10699323/5/1024x1024.jpg

http://ww4.hdnux.com/photos/50/63/37/10696679/4/1024x1024.jpg

Urbannizer

Aug 4, 2016, 4:27 PM

Buffalo North (611 Shepard)

Kicks Indoor Soccer Facility being demolished for a mid-rise by Mill Creek Residential.

https://c5.staticflickr.com/9/8239/28479514940_5789cbd01b_b.jpg (https://flic.kr/p/KoCXzE)
Shepherd HTX - 8/4/2016 (https://flic.kr/p/KoCXzE) by Matthew Wilkins (https://www.flickr.com/photos/140197818@N02/), on Flickr

https://c1.staticflickr.com/9/8018/28479525440_8498f8023d_b.jpg (https://flic.kr/p/KoD1GG)
Shepherd HTX - 8/4/2016 (https://flic.kr/p/KoD1GG) by Matthew Wilkins (https://www.flickr.com/photos/140197818@N02/), on Flickr

https://c5.staticflickr.com/9/8774/28658639292_be9c297972_b.jpg (https://flic.kr/p/KEt21y)
Shepherd HTX - 8/4/2016 (https://flic.kr/p/KEt21y) by Matthew Wilkins (https://www.flickr.com/photos/140197818@N02/), on Flickr

1111 Durham

Crane base is in.

https://c2.staticflickr.com/9/8649/28148587233_75c3ce23ab_b.jpg (https://flic.kr/p/JToSix)
Shepherd HTX - 8/4/2016 (https://flic.kr/p/JToSix) by Matthew Wilkins (https://www.flickr.com/photos/140197818@N02/), on Flickr

Double L

Aug 4, 2016, 5:19 PM

Aris Market Square. Otherwise known as the Frank's Pizza Tower.

Does anybody really like Franks Pizza? I didn't like their pizza.

JManc

Aug 4, 2016, 6:07 PM

Does anybody really like Franks Pizza? I didn't like their pizza.

For Houston pizza, it's not too bad. I've had better but the style/ atmosphere at Frank's reminds me of the pizza joints back home in NY.

The Best Forumer

Aug 5, 2016, 3:28 PM

Does anybody really like Franks Pizza? I didn't like their pizza.

Pizza Hut is superior to Franks.

Bombay is superior to all.

Urbannizer

Aug 10, 2016, 7:16 PM

609 Main

https://instagram.fhou1-2.fna.fbcdn.net/t51.2885-15/e35/13686997_868139729984536_1934439047_n.jpg?ig_cache_key=MTMxMTI1MDE4MzEyODA2NDc5NA%3D%3D.2
@7thframe (https://www.instagram.com/p/BI6TB71gVv-/?taken-by=7thframe)via Instagram

The Best Forumer

Aug 10, 2016, 8:35 PM

Looks awesome.

Urbannizer

Aug 11, 2016, 6:13 AM

Villa Borghese (http://www.houstonarchitecture.com/haif/topic/35388-villa-borghese-bammel-gardensl-block-under-contract-by-interfin/)

Interfin has picked up the Gardens of Bammel Lane block as their first site in Upper Kirby. It's said tenants have until the end of the year to move out. The developer's portfolio consist mostly of high-rise condos, and they've recently completed Belfiore in Uptown so one here is likely.

https://c2.staticflickr.com/8/7646/28874642496_c5850a9b92_b.jpg

https://c1.staticflickr.com/9/8876/28288553274_25c7917ff0_b.jpg
https://www.google.com/maps/place/2807+bammel+lane+houston+tx/@29.7409246,-95.4238048,3a,75y,92.81h,90t/data=!3m4!1e1!3m2!1st7X_PcBKugoCkqxmGLpbrw!2e0!4m2!3m1!1s0x0:0x5358bc9ceda9b0b5?sa=X&ved=0ahUKEwiwyIuz2rjOAhUCYyYKHUupCKEQxB0IHDAA

photoLith

Aug 11, 2016, 3:28 PM

More beautiful arts and crafts houses lost. Why can't they build these cheap generic looking apartment blocks on vacant lots? So much of Houston's historic housing stock is lost every year, it's ridiculous.

ChargerCarl

Aug 11, 2016, 4:40 PM

lol

Houston isn't running out of single family housing anytime soon...

Sic'EmBears

Aug 11, 2016, 7:25 PM

What a quaint block.

It will be sad to see more history lost.

Urbannizer

Aug 11, 2016, 8:38 PM

Meh. Those type of homes are still very common to see.

Urbannizer

Aug 12, 2016, 3:00 PM

Abandoned Downtown Houston hotel makes another run at new life (http://www.chron.com/news/houston-texas/houston/article/Abandoned-Downtown-Houston-hotel-makes-another-9136654.php)

The long-delayed renovation of a vacant downtown hotel is cranking up again.
A representative of the owner of the downtrodden property at 801 St. Joseph Parkway told the Houston Chronicle on Thursday that work is being ramped up in the hope of the 30-story eyesore becoming a hotel again within the next two years, or perhaps sooner.

"We are in the process of rehabbing the building," said Nadeem Nasir with SFK Developmenty, which owns the building. "We are currently in the design stages, waiting to get on the same page as a hotel franchise."

http://ww4.hdnux.com/photos/22/17/52/4782731/5/920x920.jpg

JManc

Aug 12, 2016, 5:13 PM

lol

Houston isn't running out of single family housing anytime soon...

He didn't say single family homes but rather he picked up on the older historic houses...of which Houston didn't have that many to begin with given its relatively recent population boom. Tons and tons of 50's/ 60's era ranch houses but not nearly as many older ones.

chris08876

Aug 14, 2016, 1:41 PM

Houston + Dallas = :cheers:

https://cdn3.vox-cdn.com/thumbor/hYdQH6t8lZwWGJRSskRmiq3tuSI=/1000x0/filters:no_upscale()/cdn0.vox-cdn.com/uploads/chorus_asset/file/6926185/Top20MetrosApartmentDeliveries.0.jpg
Credit: http://www.rentcafe.com/blog/rental-market/apartment-construction-at-a-10-year-high-new-units-up-a-staggering-50-percent-in-2016/

Slyfox

Aug 15, 2016, 3:38 AM

Hopefully Houston has the employment opportunities to coincide with all the new apartments.... Waiting for the petroleum market to bounce back.

Urbannizer

Aug 15, 2016, 10:22 AM

The Village at Palm Center (http://www.thevillageatpalmcenter.com/) -- 5110 Griggs Rd

222 unit affordable housing project with 15,000 square ft of retail, a daycare center, playground and townhome units next to the SE rail line.

https://c1.staticflickr.com/9/8767/28996987865_83c414afa2_b.jpg

https://c1.staticflickr.com/9/8652/28996987585_6c549e694d_b.jpg

https://c1.staticflickr.com/9/8875/28964590436_52113e2c1f_b.jpg

http://ww3.hdnux.com/photos/33/42/46/7219606/3/1024x1024.jpg

http://ww1.hdnux.com/photos/33/42/46/7219608/7/1024x1024.jpg

http://ww2.hdnux.com/photos/33/42/46/7219609/3/1024x1024.jpg
https://www.facebook.com/HoustonHCDD/photos/?tab=album&album_id=1148300118561016

JManc

Aug 15, 2016, 5:42 PM

Hopefully Houston has the employment opportunities to coincide with all the new apartments.... Waiting for the petroleum market to bounce back.

Exactly, there's a massive glut of apartments now. Expensive ones too...

Urbannizer

Aug 15, 2016, 10:25 PM

Midtown Metropole (http://www.houstonarchitecture.com/haif/topic/19369-midtown-metropole-8-stories-71-units/?page=1) - 1403 McGowen St.

71 unit, 8-story residential project for Midtown by Allied Orion Group and Humphreys & Partners.

https://c2.staticflickr.com/8/7498/28933911411_912d651d7a_o.jpg

Monarch

Aug 16, 2016, 1:05 AM

http://crossfiremedia.realpage.com/metropole/logos/lg1149_h80.png
^^^ MIDTOWN METROPOLE looks like a sophisticated and cool development. nice...

TexasPlaya

Aug 16, 2016, 7:17 AM

Hopefully Houston has the employment opportunities to coincide with all the new apartments.... Waiting for the petroleum market to bounce back.

Doubtful with global demand in general not looking stronger for the near future. Probably will see strong population growth, albeit not nearly as strong, and the related jobs that come along with population growth. However, may not be until late 2017 or 2018 for oil to come back.

Urbannizer

Aug 17, 2016, 5:36 PM

Amegy Bank HQ

https://c8.staticflickr.com/9/8396/29049561295_0331916d3e_b.jpg (https://flic.kr/p/Lg1Av6)
Amegy Bank HQ (https://flic.kr/p/Lg1Av6) by Darius Fontenette (https://www.flickr.com/photos/128036658@N05/), on Flickr

The Best Forumer

Aug 18, 2016, 4:22 PM

Looks good!

Urbannizer

Aug 19, 2016, 9:51 PM

Hanover Co. Begins Site Prep on $95M 32-Story Luxury Apts in Uptown Houston
(https://www.virtualbx.com/construction-preview/24108-hanover-co-begins-site-prep-on-95m-32-story-luxury-apts-in-uptown-houston.html)
Hanover Company has begun site preparation for the construction of a 32-story, $95 million apartment tower in Uptown Houston near The Galleria.

According to the architect's project report to the state licensing board, Boulevard Residential LC is the owner of record that is constructing a 280-unit high-rise multifamily building made of cast-in-place concrete within the 1700 block of South Post Oak Lane.

The project name is Hanover Boulevard Place. Boulevard Residential is a holding of Hanover Company, which specializes in developing luxury apartment towers.
Hanover Company developed the Hanover Post Oak tower at 1750 Sky Lark Lane and the new tower is directly adjacent. Hanover Company owns adjacent tracts of land to the south and north of Hanover Post Oak.

The architectural firm is Chicago-based Solomon Cordwell Buenz (SCB) and the designer of record is Clara Wineberg.

The estimated construction start date was entered as Oct. 1, 2016, however, the project manager has already set up a mobile project site office. Construction is scheduled for completion March of 2019.

https://c2.staticflickr.com/8/7301/28310496795_767d120517_b.jpg

Monarch

Aug 20, 2016, 7:16 AM

http://www.calanceus.com/wp-content/uploads/2015/10/Hanover_logo.png
^^^ once this new HANOVER tower is completed, this whole post oak area is going to be reeking with a cool density the likes that houston has never before experienced. simply remarkable.....

Urbannizer

Aug 22, 2016, 8:09 PM

Villa Borghese (http://www.houstonarchitecture.com/haif/topic/35388-villa-borghese-bammel-gardensl-block-under-contract-by-interfin/)

Interfin has picked up the Gardens of Bammel Lane block as their first site in Upper Kirby. It's said tenants have until the end of the year to move out. The developer's portfolio consist mostly of high-rise condos, and they've recently completed Belfiore in Uptown so one here is likely.

https://c2.staticflickr.com/8/7646/28874642496_c5850a9b92_b.jpg

25-stories, 46 condo units

http://www.houstonarchitecture.com/haif/uploads/monthly_2016_08/Villa..thumb.jpg.22081e1dcf021a86c5b76db4591298bc.jpg

The Best Forumer

Aug 22, 2016, 8:58 PM

I was hoping he would depart of his standard box look. No creativity... But oh well.

Urbannizer

Aug 23, 2016, 4:35 PM

I was hoping he would depart of his standard box look. No creativity... But oh well.

Same here, though I don't mind because of its location. Good to see another high-rise proposal for Upper Kirby.

Urbannizer

Aug 24, 2016, 3:01 PM

COH Joint Processing Center

https://c1.staticflickr.com/9/8304/29095111522_578a15b501_b.jpg

HSPVA

https://c1.staticflickr.com/9/8232/29202358635_5acf3514af_b.jpg

Alexan Downtown

https://c1.staticflickr.com/9/8154/29168474626_4dc27beaeb_b.jpg

1111 Rusk

https://c1.staticflickr.com/9/8315/28914714250_62bb9d6ba6_b.jpg

https://c1.staticflickr.com/9/8342/28914715900_7a29224d91_b.jpg

https://c1.staticflickr.com/9/8286/29202659795_59cfccb1a9_b.jpg

Aloft Downtown

https://c1.staticflickr.com/9/8754/28914702230_e62983de23_b.jpg
rechlin (http://www.houstonarchitecture.com/haif/topic/30005-stowers-building-to-become-an-aloft-hotel/?do=findComment&comment=538887)

Block 365

https://c1.staticflickr.com/9/8240/28580164654_660ea20869_b.jpg

1825 San Jacinto

https://c1.staticflickr.com/9/8510/29202514625_c165b27f98_b.jpg

https://c1.staticflickr.com/9/8372/28580170754_a0cfeeba11_b.jpg

Mid-Main

https://c1.staticflickr.com/9/8223/29095108222_4eab5843e8_b.jpg

https://c1.staticflickr.com/9/8313/29095108982_4fdb467f22_b.jpg
photos c/o hindesky (http://www.houstonarchitecture.com/haif/profile/13072-hindesky/)

Urbannizer

Aug 24, 2016, 7:45 PM

Here's an article on Villa Borghese with a better rendering. The homes on site will be moved to various locations around town instead of being demolished.

http://www.bizjournals.com/houston/news/2016/08/24/houston-developer-plans-new-luxury-condo-tower-in.html

Urbannizer

Aug 24, 2016, 8:14 PM

609 Main 50 Percent Leased as Construction Continues (http://skyrisecities.com/news/2016/08/609-main-50-percent-leased-construction-continues)

Houston's tallest under-construction development celebrated topping off some time ago and the Hines-developed office tower has now reached another significant milestone. With international law firm Orrick, Herrington & Sutcliffe recently signing a 12-year, 56,731-square-foot lease, 50 percent of space within 609 Main at Texas has been committed.

https://c1.staticflickr.com/9/8728/29023713831_6a7c80c724_b.jpg

Urbannizer

Aug 25, 2016, 7:35 PM

First an Australian developer, now a Chinese developer has chosen Houston to build their first U.S project. :cheers:

Chinese firm will change Houston (http://www.chinadaily.com.cn/m/gansu/2016-08/22/content_26559908.htm)

Tianqing Real Estate Development LLC (Tianqing RED), a US subsidiary of one of China's largest real estate companies, has acquired a prime location in Houston to build high-rise buildings of mixed use that will change the city's skyline in the next few years.

Tianqing RED recently closed on the purchase of the land on Allen Parkway, west of downtown and across from the newly improved green space Buffalo Bayou. It is the last track of undeveloped land of that scale at such a prime location in the city.

"The land is a rectangle with hard corners, sufficient depth and width for development. It has great views all around. To the north there is the Buffalo Bayou, to the south the Texas Medical Center, to the east downtown Houston, and to the west the financial district Galleria. We are very happy to be able to get our hands on it," said David Du, president of Tianqing RED.

A total of $500 million will be invested in the project. The planned first phase includes a luxury hotel of 150-180 rooms and a high-rise condo. Construction is expected to start by the end of 2017 or early 2018. Another high-rise condo, a class-A office building and possibly a luxury senior-living building will be built later.

Upon completion, there will be two condo towers with a total of 180 units along with the hotel, an office building and ground-level retail spaces. The project aims to become a new landmark in Houston.

EB-5, the popular immigration investment program among Chinese, will be used to raise part of the money for the project.

However, Du said Tianqing RED will not rely heavily on EB-5 for financing. When it gets ready to start construction, parent company Tianqing Group will guarantee and provide the remaining funds for the project, he said.

:cheers:

https://c1.staticflickr.com/9/8027/28943847030_d386e78eb5_o.jpg

Monarch

Aug 26, 2016, 12:16 AM

http://4.imimg.com/data4/JN/RI/MY-29077388/xuzhou-tianqing-electrical-co-limited-90x90.jpg
welcome TIANQUING REAL ESTATE, to the city of houston.
the future beholds....

Urbannizer

Aug 26, 2016, 2:26 PM

UH basketball arena to be renamed after $20M gift (http://www.bizjournals.com/houston/news/2016/08/25/uh-basketball-arenato-be-renamed-after-20m-gift.html)

It's official: Houston billionaire Tilman Fertitta is behind the once anonymous multimillion-dollar donation for the University of Houston's basketball arena renovation.

Fertitta, CEO of Houston-based Landry's Inc., donated $20 million, the largest-ever gift in UH Athletics history. The renovated arena, formerly the Hofheinz Pavilion, will be named the Fertitta Center beginning in the 2018-2019 season. The Houston Chronicle broke the news in July that Fertitta anonymously donated the money for the $60 million renovation project.

“Facilities are a critical part in college athletics today, and the Fertitta Center will play an important role as we recruit the best student-athletes to our campus," men’s basketball coach Kelvin Sampson said in a statement. "Houston basketball will soon have the finest facilities in the country.”

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Urbannizer

Aug 26, 2016, 11:33 PM

New details revealed on Austin developer's first student apartment project in Houston (http://www.bizjournals.com/houston/news/2016/08/26/new-details-revealedon-austin-developers-first.html)

A student housing developer has released more details about its next project near the University of Houston.

Aspen Heights, an Austin-based off-campus student housing developer, is building a 717-bed, 271,000-square-foot apartment complex complete with a parking garage, pool, game room and fitness center, according to a release. The student housing development is one of four projects Aspen Heights announced are currently underway across the U.S.

The expected completion date is August 2017. The project is close to campus and near Houston's metro line, but the company did not provide a specific address in the release.

Location is the SE corner of OST and MLK; it's currently u/c.

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cspwal (http://www.houstonarchitecture.com/haif/topic/31845-mlk-place-by-aspen-heights-student-housing-complex/?do=findComment&comment=539100)