Wasn't it Stream that was dropped from the Seaholm development?

YES... they haven't proven they can do anything. Couldn't lease seaholm... but they can lease this place?

Re: Stream
 

No. It's the other way around. CIM, the equity partner that Southwest Strategies brought into the deal, hired Stream as a commercial broker because they were concerned about Southwest Strategies ability to secure tenants.

Has anyone heard any more about the (Westin?) hotel that supposed to go up on 5th and San Jacinto?

I emailed someone with the developer asking for the building heights last month. He told me they are still in the early stages of design, and asked me to contact him again in a few months.

Someone on the forum had noticed the lot was barricaded a while back. The person I spoke to said it was because they didn't have a parking permit for the property. I did notice during SXSW that there were some big trucks parked there, so I guess they got their parking permit done before SXSW.

Hey Kev, can you send me the email....or email em'back and encourage A BETTER DESIGN! ....and LEED certification ;)

You get on 'um Mr. AHealy"! I'll be right behind ya!

This development looks like a temporary endeavor.

My guess is they think the property is worth something long term, either for themselves or someone else and want to sell it.

In the meantime, throw up something relatively cheap to build and get some income on the property while you wait to do something else with it.

That said, I would prefer they build a nice base structure that could support a 800-1000 foot tower, giving themselves flexibility in the future to build on top of the base. Similar to what is going on at 3WTC now.

That said, this is a much cheaper short-term investment, and it may be that they want to sell the site in the future to someone else.

I bet you are.

Hahaha, it turned into Friday night at Rain real quick, lol.

More like friday night at Chain Drive.... (my favorite dive bar). :cheers:

( :cheers: )

AMIRIGHTTTT?!

We should have a forum meet up there.

Progress of The Tree

http://farm9.staticflickr.com/8101/8...aa1e0430_b.jpg

https://m.facebook.com/LiveAtTree?__user=1145904752

They are really moving along. Can't wait to get up on top of that garage.

Me, too. I have a feeling that's going to be a favorite spot of mine to take photos from.

Crane is up for the Hanover project on South Lamar.

Forgot to post this. Massive solar panel installation happening at The Palmer. They aren't even finished. I hope to see more solar/wind power included in high rise projects over the next few years. :D:D:D

http://i1342.photobucket.com/albums/...ps87d2491e.jpg

The Urban Land Institute is holding their annual development forum in April. Below is the emailer they sent out Friday night. All of the commercial real estate developers get together and show off what they have in the pipeline for development. They bring marketing materials, scale models and other types of presentations, and you can talk to the various developers and ask questions. It's a really interesting showcase. The firm I work for has a booth at the showcase every year, as do most of the other firms in town. The cost to attend is $35 for ULI members and $50 for non-members. If that's too steep for you, both the Statesman and the Biz Journal do a recap story the next day with renderings and details, so there will be an interesting news article(s) about it afterward.

http://i1072.photobucket.com/albums/...ps10f93e9c.jpg

REGISTER

http://austin.uli.org/event/4th-annu...n-marketplace/

I've never been there before. The name alone scares me and makes me think of leather and whips with chains hanging everywhere. So yea Id be afraid to have a forum meet there :runaway: