SkyscraperPage Forum - HOUSTON | Development Thread II

Prev 1 161 211 251 257 258 259 260261262 263 Next

Viewing Page 261 of 263

Show 50 post(s) from this thread on one page

SkyscraperPage Forum (https://skyscraperpage.com/forum/index.php)

- City Compilations (https://skyscraperpage.com/forum/forumdisplay.php?f=87)

- - HOUSTON | Development Thread II (https://skyscraperpage.com/forum/showthread.php?t=114123)

colemonkee

Sep 13, 2023 2:01 PM

Looks like it might be quite handsome as well.

Wattleigh

Sep 19, 2023 3:45 PM

Wattleigh

Sep 19, 2023 4:13 PM

Wattleigh

Sep 20, 2023 12:41 PM

Holiday Inn Express / Staybridge Suites

Site is fenced off & excavator is on site

c/o jhjones74 on HAIF

https://www.houstonarchitecture.com/...5c340a1a4.jpeg

https://www.houstonarchitecture.com/...6fa1260c1.jpeg

colemonkee

Sep 20, 2023 1:26 PM

Love the transition of the vertical mullions from the parking levels to the office levels on 1550 On The Green.

Wattleigh

Sep 20, 2023 8:31 PM

UTHealth Houston Campus / M.D. Anderson SCRB 5

https://media.bizj.us/view/img/12599...-rendering.jpg

https://www.bizjournals.com/houston/...-building.html

Quote:

MD Anderson Cancer Center breaks ground on $668M project connected to new TMC campus

By Jishnu Nair – Reporter, Houston Business Journal
Sep 20, 2023

The University of Texas MD Anderson Cancer Center broke ground Sept. 20 on a new research facility that will tie the institution to the Texas Medical Center’s new development.

Representing a $668 million investment, the 600,000-square-foot South Campus Research Building 5 will anchor MD Anderson’s south campus research park and will connect to TMC's 37-acre Helix Park, formerly known as TMC3. MD Anderson expects the SCRB5 facility, located at 1920 Old Spanish Trail, to be complete in spring 2026.

Boston-based Elkus Manfredi Architects designed a seven-story building, which will feature a landscaped park by Mikyoung Kim Design, also based in Boston. Houston-based Vaughn Construction is serving as general contractor on the project.

“With input from hundreds of MD Anderson teammates, we have carefully designed this building and our research campus to foster collaboration, to stimulate creativity and to fuel breakthroughs that will improve the lives of patients here and around the globe,” MD Anderson President Dr. Peter Pisters said in a press release.

llamaorama

Sep 22, 2023 2:59 AM

It's really good to see that development replacing the brown and root offices on Beltway 8 moving forward. Hopefully that's for real this time.

Wattleigh

Oct 2, 2023 7:46 PM

Interesting...

https://global-uploads.webflow.com/5..._smallsize.jpg
Post Oak Central

https://global-uploads.webflow.com/5...yWestPlace.jpg
CityWestPlace

https://www.midway.team/blog-posts/p...s-year-to-date

Quote:

Parkway Closes on Two Significant Houston Office Assets in One of The
Largest U.S. Real Estate Transactions Year-To-Date

OCTOBER 2, 2023

(HOUSTON, TX) – Parkway, the privately owned, fully diversified real estate investment, operations, and management firm, today announced that it has acquired, in an all-cash transaction, two significant Houston assets—Post Oak Central and CityWestPlace—from its previous partners. Comprised of over three million square feet, the deal marks one of the largest real estate transactions in the United States year-to-date. The strength of the submarkets, the institutional mix of the global tenant-base, and the redevelopment potential of Post Oak Central were contributing factors in the firm’s decision to acquire the assets. Parkway will continue to operate both properties, and Parkway’s development partner, Midway, will oversee the redevelopment of Post Oak Central and the continued development of CityWestPlace.

Parkway was created in 2023, when Orlando-based Parkway Property Investments and Houston-based Midway, two nationally recognized firms with over 100 years of collective experience, partnered to form a privately owned, fully diversified real estate investment, operations, and management firm. Coupling Midway’s strength in creating uniquely transformational real estate projects, enduring investments, and asset diversification with Parkway’s investment acumen, market breadth, and capital relationships has positioned the new company for accelerated growth and investment in the Sun Belt markets and beyond. Midway continues to operate as a separate development entity under its established name and acts as Parkway’s development partner.

“Parkway’s capital market expertise, investment acumen, and national reputation are the driving forces that enabled us to execute a deal of this size and complexity, especially in this environment,” said Jayson Lipsey, Co-CEO of Parkway. “Bringing Midway’s development and placemaking capabilities to the table is transformational for these assets, and exactly what we set out to do when we created the new firm. It’s a winning combination that we believe will drive enhanced stakeholder value through market cycles.”

“Post Oak Central and CityWestPlace are both significant Houston assets that continue to perform, though Post Oak Central has been underappreciated in the market for some time,” said Brad Freels, Chairman and CEO of Midway and Co-Executive Chairman of Parkway, together with Jim Heistand. Regarding Post Oak Central, Freels said, “We see incredible potential in the iconic property. This deal activates and accelerates our plans, and we look forward to reimagining Post Oak Central for the next generation.”

Designed by Philip Johnson and constructed from 1975 to 1981, Post Oak Central is an iconic three-building, mixed-use development located on Post Oak Boulevard in the heart of Houston’s Uptown business and entertainment district. Post Oak Central remains at the forefront of the Uptown market with 1.2 million square feet of premier Class-A office space and 90,000 square feet of pedestrian-oriented retail. The manicured, 17-acre campus is located on a prime stretch of tree-lined Post Oak Boulevard, midpoint between San Felipe Street and Westheimer Road, providing easy access to the 610 Loop and U.S. 59. Tenants and guests are steps from Uptown’s myriad of dining, hotel, and shopping options, as well as the new METRORapid Silver Line, which offers further mobility by linking attractions including The Galleria and Uptown Park with park-and-ride stations.

CityWestPlace is a thriving, 39-acre campus in Houston’s Westchase District, located off the Sam Houston Tollway near the Energy Corridor. Designed by Keating Mann Jerrigan Rottet and Daniel Mann Johnson & Mendenhall, the innovative Class-A office complex was built between the 1993 and 2001 and encompasses four buildings with a total of 1,473,177 rentable square feet, as well as four structured parking garages with ground floor amenities. CityWestPlace boasts exceptional outdoor spaces that have garnered national distinction for landscaping elements spanning from extensive flower gardens and pine groves to sunken gathering areas further enhanced by tranquil water features like Japanese slit pools and a mist fountain. In addition, tenants can take advantage of onsite conference space, multiple food and beverage options, as well as unrivaled indoor and outdoor recreational offerings complete with two fitness centers, trails, a jogging track, and sports fields.

CityWestPlace was fully renovated in 2020, and in 2022, Parkway was awarded The Houston Office Leasing Brokers Association’s “Deal of the Year” for Bechtel Energy’s 15-year lease at CityWestPlace 3 and 4.

Wattleigh

Oct 6, 2023 3:17 PM

UNITi Montrose

https://www.bizjournals.com/houston/...-tops-out.html

Quote:

The Shelter Cos.' UNITi Montrose co-living apartment building in Houston tops out

By Jeff Jeffrey – Senior reporter, Houston Business Journal
Oct 5, 2023

The Shelter Cos., the residential development subsidiary of Dallas-based Civitas Capital Group, has topped out on its first-ever project: a nine-story multifamily complex aimed at attracting co-living residents in Montrose.

When it opens next summer, UNITi Montrose at 701 Richmond Ave. will have 161 private rooms within 48 shared units. The building will also have 190 traditional studio, one- and two-bedroom units, The Shelter Cos. said.

The building was designed to cater to young professionals looking for high-end amenities in a more affordable setting.

“Our team has spent more than five years researching and learning about co-living communities across the globe,” said Jorge Adler, Civitas’ vice president of investments. “For co-living concepts to work in the United States, and in Texas specifically, it is essential to find unique locations that are easily accessible by public transportation, within walking distance to a plethora of amenities, and within a short commute to major employment centers.”
The 155,901-square-foot building sits on a 1.09-acre lot. The building will have six floors of multifamily units, sitting atop a 104,533-square-foot, three-level parking garage.

UNITi Montrose will have 10,708 square feet of amenity space, which will include a courtyard pool with grills, two club rooms, a sky lounge with an outdoor patio, and a fitness center. Each floor will also have its own area that offers a different communal space. On one floor, for example, there will be a yoga room.

On the ground floor, residents will have access to 3,822 square feet of retail offerings.

The building also will offer routine cleaning services, basic household supplies, in-unit laundry, resident events at the property and larger events at the city level.

UNITI Montrose is within 2 miles of the Texas Medical Center, downtown Houston, Rice University and the University of St. Thomas, and it's 3 miles from the University of Houston's main campus.

The Shelter Cos. tapped Houston-based Arch-Con Corp. to serve as general contractor. Meeks Partners, which is also based in Houston, served as architect for the project.

New York-based Common, an operator of co-living communities in North America, has been hired to serve as property manager for UNITi Montrose.

Wattleigh

Oct 6, 2023 4:32 PM

The Langley

c/o cityliving on HAIF

https://i.imgur.com/H23WB4jh.jpg

https://i.imgur.com/an4N3Uhh.jpg

https://i.imgur.com/vgZ3IGah.jpg

https://i.imgur.com/glNFemah.jpg

Wattleigh

Oct 23, 2023 6:55 PM

1600 Louisiana

https://s3.amazonaws.com/images.skys...62_500x650.jpg
c/o CTBUH

Not sure why the thread for this tower was placed in the cancelled projects thread as it was never actually cancelled - it's a stale proposal at most.

https://skyscraperpage.com/forum/sho...d.php?t=206375

However, after the announcement of Chevron's purchase of Hess today, the rumors of this possibly becoming something more have begun again.

c/o CREguy13 on HAIF

Quote:

Nothing new to report, but figured it was appropriate to bump this thread on the heels of Chevron's announcement to acquire Hess. To me this all but assures the combined "Mega Major" will be headquartered in Houston given the longgggg list of reasons for such an obvious, strategic move. Which begs the question: Do we see a new design of 1600 Louisiana or a new tower on one of Chevron's other downtown sites? I'm pretty sure the lease in Hess Tower expires in 2026... they'll certainly consolidate all employees to one campus.

So unless their recent Bridgeland land grab in Cypress changes to a corporate campus, I think we can safely assume the combined workforce will be downtown and new construction is likely ��

JManc

Oct 23, 2023 8:10 PM

Chevron recently committed to keeping its HQ in San Ramon so I don't see Houston being the combined HQ though I suspect it will still have the lions share of the jobs from both companies.

DCReid

Oct 23, 2023 8:37 PM

Quote:

Originally Posted by JManc (Post 10065781)

Chevron recently committed to keeping its HQ in San Ramon so I don't see Houston being the combined HQ though I suspect it will still have the lions share of the jobs from both companies.

How many years? I suspect it won't last but a few years in the Bay area, even if Chevron decides to sublease. The bigger issue for Houston is whether there will be layoffs as I believe both companies employ hundreds of corporate/professional level employees downtown., and there are sure to be redundancies in departments like accounting, finance, marketing, etc. Since Hess is officially HQ in NYC perhaps some of the NYC employees will have to relocate to either Houston or SF Bay area. I would be shocked if they decide to build a new tower, and downtown Houston may have to hope the combined company does not decamp for the suburbs in a few years, like Exxon did.

Wattleigh

Oct 24, 2023 7:09 PM

MD Anderson New Inpatient Bed Tower & Clinical Services Building

27 & 11 floors respectively.

Goodbye to the view from the observation deck in the Alkek Tower, it seems - at least in one direction.

Info c/o Paco Jones on HAIF

Quote:

Architect:
Perkins&Will

General Contractor:
Austin Commercial

Information:
The Clinical Services Building (CSB) comprises a major addition to the existing UT MD Anderson Cancer Center campus at Texas Medical Center (TMC), in Houston, Texas. It will occupy the former “Dental School” site, at the northeast corner of the TMC hospital campus, that is readied for construction. The project is to include approximately 757,000 gross square feet of new construction. The project constitutes an initial phase of a multi-phase expansion of inpatient services on the main hospital campus, and it is being designed to support the ultimate growth up to an approximate 1,200 inpatient bed campus. It is anticipated that the CSB Project will include a basement and eleven stories of new construction to house selected campus clinical services departments.

https://i.imgur.com/L8jncL1.png

https://i.imgur.com/kYuFAY2.png

https://i.imgur.com/RacSXuz.png

https://i.imgur.com/yI7IA7d.png

https://i.imgur.com/TXevzDZ.png

https://i.imgur.com/LxpWSsv.png

https://i.imgur.com/8YnYDpB.png

https://i.imgur.com/dcb6nns.png

Green Country

Oct 24, 2023 8:43 PM

Quote:

Originally Posted by JManc (Post 10065781)

Chevron recently committed to keeping its HQ in San Ramon so I don't see Houston being the combined HQ though I suspect it will still have the lions share of the jobs from both companies.

Quote:

Originally Posted by DCReid (Post 10065808)

Yeah the "commitment" to HQ in California is good until they decide otherwise. FWIW, Exxon repeatedly gave the same "commitment" to keeping its HQ in Irving. Hess being HQ'd in NYC should help Houston. I don't know how many people they have at HQ, but those seem more likely to be duplicative. As a result there may not be as many Houston job losses as might otherwise be the case. I would be shocked if Chevron made any significant move to the Houston suburbs; they have a lot invested in downtown Houston property.

Zapatan

Oct 25, 2023 2:05 AM

Quote:

Not sure why the thread for this tower was placed in the cancelled projects thread as it was never actually cancelled - it's a stale proposal at most.

https://skyscraperpage.com/forum/sho...d.php?t=206375

However, after the announcement of Chevron's purchase of Hess today, the rumors of this possibly becoming something more have begun again.

It would be epic if this could happen.

What ever became of the other 700+ foot proposals in the city?

Wattleigh

Oct 26, 2023 4:28 PM

MD Anderson New Inpatient Bed Tower & CSB

Project Data for CSB c/o hindesky on HAIF

https://i.imgur.com/oUqCG6gh.png
https://i.imgur.com/beIOtGMh.png

Wattleigh

Oct 26, 2023 6:02 PM

Central Square Renovation

While the buildings themselves were renovated and opened several years back - the sign itself has not been updated - at least until now.

10/6 - c/o Philip White on HAIF

https://live.staticflickr.com/65535/...bf0b844c_b.jpg

10/9 - c/o hindesky on HAIF

https://i.imgur.com/tdtGStAh.jpg

10/25 - c/o loon on HAIF

https://www.houstonarchitecture.com/...ad054060e.jpeg

Wattleigh

Oct 27, 2023 1:02 PM

TMC Helix Park

https://www.houstonchronicle.com/bus...s-18418394.php

Quote:

Texas Medical Center's new research campus opens, ushering in a new era

Marissa Luck,
Staff writer
Oct. 27, 2023

The first piece in a long-anticipated multibillion-dollar biomedical research campus opened Thursday in the Texas Medical Center, setting the stage for what could become a game-changing life sciences hub generating $5.4 billion in annual economic impact and tens of thousands jobs in Houston.

Houston has struggled to compete with larger life sciences magnets in San Francisco, Boston, San Diego and Raleigh-Durham, and the 37-acre Helix Park campus along Old Spanish Trail, a project nearly a decade in the making, represents a major milestone in helping the city gain momentum.

“When you looked at the incredible business and economic platform the state of Texas has, there was one glaring deficiency, and that is to have a massive hub for life sciences,” Gov. Greg Abbott said at the event.

Economic development officials think Helix Park will help to fill that gap, becoming a launch pad for a more mature life science industry in Texas.

The project is also the first time TMC, University of Texas M.D. Anderson Cancer Center, Texas A&M University Health Science Center and UTHealth Houston have collaborated to build and finance a shared space to house their researchers under one roof.

“We've never really had a place where all of us felt like it was ours,” Bill McKeon, president of TMC, said in an interview. Shared laboratory spaces, plus a plethora of communal areas and coworking/office spaces, are meant to encourage researchers to mingle and collaborate.

“That's where a lot of discoveries happen, through serendipity,” McKeon said.

Helix Park is also an opportunity for commercial, for-profit firms to enter the TMC district, where they were historically prohibited. TMC officials altered covenants on the land to allow for-profit firms to operate within the Helix Park site and TMC Innovation Factory, a biotech accelerator on Holcomb Boulevard.

A few hundred people packed into the atrium of the new 250,000 square foot Collaborative Building Thursday. Outside, passersby could wander through a network of linked public parks forming the shape of helix.

“It’s amazing to see what was once a parking lot transformed into something like this. When we look around this building, when we look through this complex, we can see the future of Houston,” Dr. Peter W.T. Pisters, president of MD Anderson, said at Thursday’s event.

Across from the Collaborative Building, Beacon Capital’s 350,000-square-foot building, known as Dynamic One, is to be completed this fall. A handful of restaurants coming to Helix Park will be announced in the coming months, according to TMC.

Wattleigh

Nov 2, 2023 8:50 PM

Astros/MMP Mixed Use Project

c/o Mary Benton on X

Quote:

Exciting times ahead for downtown @HoustonTX and the @astros!
At today’s Central Houston State of Downtown meeting/luncheon, Giles Kibbe with the Astros’ confirmed team is building an entertainment district near Minute Maid Park. The groundbreaking should happen next year. ��

https://i.imgur.com/DZPxI27h.jpg

https://i.imgur.com/mVn77AIh.jpg

https://i.imgur.com/TAGJtwhh.jpg

Wattleigh

Nov 2, 2023 11:56 PM

Quote:

Originally Posted by Wattleigh (Post 10072935)

Astros/MMP Mixed Use Project

c/o Mary Benton on X

https://www.bizjournals.com/houston/...nt-center.html

Quote:

Houston Astros unveil new details for hotel and entertainment center, slated to break ground in fall 2024

By Chandler France – Reporter, Houston Business Journal
Nov 2, 2023

The Houston Astros officially unveiled more details about the organization’s planned hotel and entertainment center adjacent to Minute Maid Park.

The project will include a 17-story, 300-key hotel with approximately 60,000 square feet of retail and entertainment space, Giles Kibbe, Astros senior vice president and general counsel, said at Central Houston Inc.’s 2023 State of Downtown meeting on Nov. 2. The team plans to break ground on the project by the end of 2024. The mixed-use project will be located on Texas Avenue directly adjacent to the Astros’ ballpark.

Astros owner Jim Crane told the Houston Business Journal in March that the team had hoped to break ground on the project this fall following the 2023 season. At the time, he said the development would be similar to The Battery Atlanta in Atlanta and Ballpark Village in St. Louis, which both feature a number of work and entertainment options adjacent to the stadiums of the cities' Major League Baseball teams.

“It’s a big project, and it’s something that’s really important to downtown Houston, the city of Houston and the Astros,” Kibbe told HBJ. “We need to get it moving, but we also need to make sure that we’re making all the right decisions and doing it responsibly."

There’s no construction timeline for the project yet, Kibbe said. Additionally, the Astros said the team does not have an estimated cost for the project yet. The organization doesn’t have a brand for the hotel yet and is still in the process of finding restaurant and retail tenants, Kibbe said.

The Astros are working with Houston-based Hines for development of the venue and Dallas-based HKS Architects for the master plan. The organization is in the process of selecting an architecture firm for the project, Kibbe said. The project is currently in the design development phase, he said.

The project has been a longtime plan of Crane’s, Kibbe said. The Astros bought a small piece of property on Texas Avenue and Hamilton Street in 2016 before completing the purchase of the entire city block in 2019, he said. The property, which is currently being used as a parking lot, is on the southeast corner of the stadium and totals 2.27 acres, according to Harris Central Appraisal District records.

JManc

Nov 3, 2023 2:13 AM

Will this be one of the empty lots along Crawford?

Wattleigh

Nov 3, 2023 1:54 PM

Quote:

Originally Posted by JManc (Post 10073152)

Will this be one of the empty lots along Crawford?

Blocks 119 & 161 along Texas Ave so far from Jackson to Hamilton Streets. Looks like it will be on the Green & Purple Lines of METRORail as well at the Convention District WB station. The EB station is a block over behind the Marriott Marquis along Rusk.

There appears to a proposed connection of some sort to the large lot where blocks 100 & 120 were combined. That is the open space just north of the Marriott Marquis. Not sure who owns it or if it's being targeted for expansion -given that what was shown is just the initial vision for the project.

Wattleigh

Nov 9, 2023 1:57 PM

Woodway Tower

11 Riverway Drive

Sounds like this will be in the Riverway complex at Woodway and South Post Oak Ln.

info c/o DotCom on HAIF

Quote:

I think this is for the same property. Can't believe nobody posted this anywhere on here yet!

Filing person is with Gensler.

https://www.tdlr.texas.gov/TABS/Sear...TABS2024000710

https://www.houstonarchitecture.com/...4cc779677d.png

Looks like it sold to Zieben in June 2022.

https://www.houstonchronicle.com/bus...y-17228468.php

"Dezhc LLC purchased 1 acre on the south side of Woodway Drive along Buffalo Bayou within Riverway Reserve near the Omni Hotel. Shaw Commercial Properties represented the seller, N. Husain. The buyer intends to develop a boutique office building for its own use."

Foundation permit app filed by the Zieben on 10/5.

https://www.houstonarchitecture.com/...102a24ee95.png

Wattleigh

Nov 13, 2023 9:02 PM

East Blocks

10-block redevelopment of a section of EaDo.

https://www.bizjournals.com/houston/news/2023/11/13/pagewood-wile-interests-develop-east-blocks-eado.html?cx_testId=40&cx_testVariant=cx_27&cx_artPos=0#cxrecs_s

Quote:

Pagewood and Wile Interests to develop East Blocks, a 10-block mixed-use district in EaDo

By Jeff Jeffrey – Senior reporter, Houston Business Journal
Nov 13, 2023

Two Houston-based real estate developers are teaming up for a 10-block mixed-use redevelopment in the East Downtown Management District.

Pagewood and Wile Interests have entered into a joint venture to redevelop several warehouses near the intersection of McKinney and Hutchins streets into a walkable district that will offer visitors a range of restaurants, shops, offices and green space. The development is slated to be called East Blocks, the companies said in a news release.

Phase one is scheduled to break ground in the second quarter of 2024. Houston-based Blue Ox Group has been tapped to oversee retail and restaurant leasing, while Pagewood will handle office leasing.

Pagewood and Wile Interests said 8th Wonder Brewery and Pitch 25, one of Houston’s urban beer garden concepts, are the first retail tenants at East Blocks.

“We know EaDo deserves a dynamic destination with a unique mix of the best shopping, dining, and office available in the city,” said Paul Coonrod, founder and managing principal of Pagewood. “East Blocks, a project that is 50 years in the making, will be a pedestrian-friendly hub full of chef-driven restaurants, unique retail boutiques, creative office space, and parks with art for the local community and those visiting downtown and the nearby stadiums to gather.”

Pagewood and Wile Interests plan to develop East Blocks in a multiphase process over the next three years.

When phase one is completed, East Blocks will feature 513,000 square feet of mixed-use space, including 196,000 square feet of restaurant and retail space, 112,000 square feet of office space and 205,000 square feet of parking, with about 650 parking spaces.

The buildings overhauled in phase one will be connected by about four blocks of green space and promenades that were formerly railways.

The companies have tapped the Houston office of San Francisco-based Gensler to develop the master plan for East Blocks.

The companies said the design will pay homage to the site’s industrial railway roots and will make use of steel, brick, concrete, glass and stucco.

East Blocks will feature an open-air alleyway concept, the companies said. To enhance retail and restaurant storefronts on the ground level, oversized openings featuring new glass storefronts in the warehouse facades have been designed to bring natural light into the space. Outdoor patios have been designed to create an all-day café culture and form a connection to the local street scene.

Pagewood and Wile Interests have hired Sausalito, California-based SWA Group to design the new development’s landscaping, emphasizing a walkable design.

Native plants have been selected to fill the plant beds along the walkways. The existing promenade will be transformed into a greenspace designed for picnics, farmer’s markets, fitness classes, children’s events and more, the companies said.

East Blocks also will feature a dedicated walking and biking loop connecting the district to downtown and the Columbia Tap hike and bike trails that run from EaDo throughout the East End District.

Wattleigh

Nov 17, 2023 6:42 PM

Wattleigh

Nov 20, 2023 3:01 PM

Dariusb

Nov 20, 2023 7:48 PM

Great photos and updates!

AviationGuy

Nov 21, 2023 2:35 AM

Beautiful photos. I especially like the foggy weather photos.

I'm envious of people who can live in the inner city. I can't afford it, so will be in the suburbs (Cypress) when I move down there in January. Cypress is a very nice burb with a lot of amenities, but there's no highrise architecture to look at. I'll have to make periodic drives into the city to get my architecture fix.

JManc

Nov 21, 2023 6:16 AM

Quote:

Originally Posted by AviationGuy (Post 10085034)

A lot cheaper than where you're coming from but yeah, it's getting pretty expensive inside the loop. Right before Covid, my wife and I looked at some townhouses right in town and loved the locations but they were at the cheapest 2x what our home in Kingwood is worth with far inferior build quality. We decided to stay put. We don't how much on our house and don't have to worry about being 'house poor'

AviationGuy

Nov 22, 2023 3:08 AM

Quote:

Originally Posted by JManc (Post 10085108)

Where did you look in the inner loop? I know there are a lot of townhouse areas, but the areas that appeal to me most are Upper Kirby and Montrose. But yeah, very expensive.

Wattleigh

Nov 22, 2023 7:26 PM

1015 Montrose Blvd

info c/o hindesky on HAIF

Quote:

https://lamasarcapital.com/projects/

https://i.imgur.com/a1e1Gw0h.png
https://i.imgur.com/wGjzvaph.png

https://i.imgur.com/zzffv8jh.jpg

JManc

Nov 22, 2023 7:31 PM

Quote:

Originally Posted by AviationGuy (Post 10085034)

Several places. We looked at a few townhouses in the vicinity of Washington Ave, the area near Sawyer Heights and some over on the east end not too far from the soccer stadium. My favorite was around Sawyer Heights, close to everything and eclectic vibe.

Wattleigh

Nov 27, 2023 2:45 PM

MD Anderson Rotary House

https://www.bizjournals.com/houston/...nsion-tmc.html

Quote:

TMC hotel serving MD Anderson Cancer Center patients to receive additional funds for expansion

By Jeff Jeffrey – Senior reporter, Houston Business Journal
Nov 22, 2023

Rotary House International Hotel, which provides a place for cancer patients to stay while receiving treatment at the University of Texas MD Anderson Cancer Center, will soon undergo a major expansion to increase its capacity by 55%.

The University of Texas System Board of Regents unanimously approved a measure to increase the expansion's budget to $112.3 million, citing rising construction costs and the addition of an elevated pedestrian walkway.

Rotary House International Hotel, which is located at 1600 Holcombe Blvd. in the Texas Medical Center, is owned by the UT System but is operated by Maryland-based Marriott International Inc. (Nasdaq: MAR).

Dr. Peter Pisters, president of MD Anderson Cancer Center, told the board of regents during a Nov. 15 meeting in Austin that the hotel has the highest occupancy rate of any hotel in Marriott’s global portfolio.

By adding rooms, Pisters said Rotary House will be better able to serve the additional patients and families receiving treatment following MD Anderson’s own $668 million expansion in the TMC.

“We’re seeking to expand this to enable us to accommodate the increased number of patients and the families that will be coming as we expand our Texas Medical Center campus over the years ahead,” Pisters said.

The hotel expansion project was originally approved in 2020 and was added to the UT System’s capital improvement program last year with an estimated cost of $83.5 million.

The expansion of Rotary House International Hotel will include the addition of a new 12-story wing attached to the existing building. In all, 180 additional guest rooms and suites will be added, according to a board of regents agenda for the meeting.

The 12-story figure may only account for the new construction above the 3-story base - so the actual expansion/addition may be 15 floors total.

Wattleigh

Dec 1, 2023 2:14 PM

Quote:

Midway to move ahead with another office building in CityCentre

By Jeff Jeffrey – Senior reporter, Houston Business Journal
Nov 29, 2023

Houston-based Midway appears to be moving ahead with plans to build the latest piece of its CityCentre mixed-use development in west Houston.

The development company plans to build an $87.5 million office tower at 903 Town and Country Blvd, which will be called CityCentre 6, according to a filing submitted to the Texas Department of Licensing and Regulation.

The project is scheduled to break ground in March and be completed in October 2025, the TDLR filing said.

While the filing includes few details about what the project will look like, it does say Midway plans to build a 310,547-square-foot office tower and a 371,457-square-foot parking garage on the site.

Midway has tapped Houston-based Kirksey Architecture to design the project, according to the filing.

Information in TDLR filings is often preliminary and subject to change.

A leasing brochure on Midway’s website said CityCentre 6 will have 27,500-square-foot floor plates and two green rooftop terraces.

Plans for the project also include 11,000 square feet of retail space and a 25,000-square-foot urban plaza, the brochure said.

Michael Anderson of Chicago-based Cushman & Wakefield’s Houston office is listed as the leasing contact on the brochure.

Midway declined to provide additional details on the project, and Anderson did not immediately respond to a request for comment.

CityCentre 6 will be the latest addition to Midway’s widely regarded CityCentre mixed-use development.

Wattleigh

Dec 7, 2023 1:38 PM

St. Regis Residences

https://realtynewsreport.com/st-regi...at-river-oaks/

Quote:

St. Regis Condos Rising at River Oaks
by Realty News Report
December 6, 2023

St. Regis Condos Rising at River Oaks
by Realty News Report
December 6, 2023

HOUSTON – (Realty News Report) – The upscale St. Regis Residences brand is breaking into the Houston market with a proposed 35-story condominium will be situated on four acres with views of River Oaks, Memorial Park, Downtown and Buffalo Bayou.

The developer is Satya, a Houston-based commercial real estate firm that is currently developing the Tiara on the Beach condominium in Galveston.

The St. Regis Residences, Houston, will rise on Asbury Place, just north of Buffalo Bayou and the blue-chip River Oaks neighborhood.

St. Regis is a brand affiliated with a luxury branch of the Marriott hotel organization. The condominium is the brand’s first, exclusive residential development in Texas.

The St. Regis Residences, Houston comes right of the heels of the Ritz Carlton Residences, Woodlands – another upscale hotel brand that is jumping into the condominium business in Houston.

Wattleigh

Dec 7, 2023 8:25 PM

Quote:

Originally Posted by Wattleigh (Post 10096562)

St. Regis Residences

https://realtynewsreport.com/st-regi...at-river-oaks/

https://www.houstonchronicle.com/bus...n-18538199.php

Quote:

Luxury St. Regis-branded condo tower planned near Memorial Park, River Oaks

By Marissa Luck,
Staff writer
Dec 7, 2023

A Houston developer is planning a 35-story condominium high-rise near Memorial Park that is expected to be the first St. Regis -branded residential community in Texas.

Satya Development reached an agreement with Marriot International to bring the St. Regis Residences brand to Houston on a 3-acre site overlooking Buffalo Bayou off Memorial Drive just outside of River Oaks. Satya will develop the tower according to the specifications outlined in a franchise agreement with Marriott International. Marriott will provide property management to the luxury community.

St. Regis Residences are not hotels, but bring a hotel-like level of amenities and services to condominium communities, often in major metropolitan areas such as Boston, Miami and Chicago.

Sunny Bathija, Satya's CEO, is buying a condo at the St. Regis Residences in Sunny Isles Beach Miami, and sought to bring a piece of that experience back to Houston.

“Marriott and St. Regis, they bring the part of luxury living which you can only experience typically when you stay at a hotel,” Bathija said in an interview.

“Bringing St. Regis Residences to Houston has always been a strategic priority for our company, and working with Satya has been the perfect fit as a prominent local developer,” said Sarah Khalifa, VP, Mixed-Use Development, Marriott International, in a statement.

The planned tower will not include hotel rooms, Bathija said, so residents won’t have to share amenities with hotel guests. While amenities are still being finalized, the building is expected to have a pool, fitness center, wine tasting room, golf simulators, kid’s activity center, pet spa, boardroom and business center.

Wattleigh

Dec 8, 2023 7:55 PM

SCI / Hines Project Green

COH Permits appear to be going out on tiebacks for the eastern side of the foundation's walls. Found by hindesky on HAIF

https://i.imgur.com/kMGhd5Eh.png

https://i.imgur.com/zjqWZ8Lh.png

Previous land use diagrams for the site.

https://i.imgur.com/sFfnGmn.png

https://i.imgur.com/N9dBQhk.png

Wattleigh

Dec 9, 2023 6:39 PM

Holiday Inn Express/Staybridge Suites Downtown

Groundbreaking ceremony was this week.

c/o Realty News Report

https://i.imgur.com/q3438ge.png

Pier drilling definitely taking place now. c/o hindesky on HAIF

https://i.imgur.com/4lZkdFdh.jpg

https://i.imgur.com/yZAUv0yh.jpg

https://i.imgur.com/cKUTaM4h.jpg

Wattleigh

Dec 13, 2023 6:31 PM

Quote:

Originally Posted by Wattleigh (Post 10098016)

https://www.houstonchronicle.com/bus...e-18550338.php

https://i.imgur.com/KZNGznr.jpeg

Quote:

Downtown Redevelopment board OKs $13.8M tax increment for new Service Corp. headquarters

By Erica Grieder,
Staff writer
Dec 13, 2023

Service Corp. International, the Houston-based funeral services giant, is expected to begin construction next year on a $150 million headquarters after the Downtown Redevelopment Authority on Tuesday authorized as much as $13.8 million in reimbursements for flood mitigation work at the site.

SCI's new tower, being developed by Hines, will be built at the former site of KHOU-TV studios, 1945 Allen Parkway, next to SCI's current offices. The roughly 900 employees will continue to work at the existing tower — which has been flooded several times — until the new building is finished.

City leaders described the move as a way to keep the historic company in the heart of Houston while improving public infrastructure along Allen Parkway and without the city incurring any upfront costs or taking on more debt.

SCI would receive the additional taxes created by the increased value of the new property, said Allen Douglas, the redevelopment board's chief operating officer, executive director and general counsel. The figure is based on the projected value of the improved site, he explained: "If SCI does not generate that amount of additional value through the construction of the new commercial building, it will not receive that amount of reimbursement."

clubtokyo

Dec 14, 2023 1:53 AM

Houston got a lot of fun new developments going on, I like the eado and astro park!

Wattleigh

Dec 14, 2023 2:58 PM

2801 / 2811 Kirby

Press release & renderings from Stream Realty

https://streamrealty.com/stream-real...n-upper-kirby/

Quote:

HOUSTON, TX – December 13, 2023 – A Nashville-based development firm has awarded Stream Realty Partners the leasing and marketing assignment for the office component of a new mixed-use development being built on a two-acre site in the Upper Kirby section of Houston.

Stream, a national commercial real estate firm offering an integrated platform of services, will handle leasing and marketing for the 83,322-square-foot Class AA office building, one of two towers being developed by Southern Land Company (SLC), a national real estate developer of award-winning mixed-use developments and master-planned communities. The project, located at 2811 Kirby Drive, will break ground in summer 2024 with anticipated completion of spring 2027.

Stream Managing Director Ryan Barbles and Vice Presidents Matt Asvestas and Matthew Seliger from the Houston office will lead the leasing team.

“Southern Land Company has a reputation of investing in communities and delivering best-in-class quality paired with thoughtful design,” said Barbles. “This development will complement the area and become a highly sought-after work destination. SLC will create an office opportunity that makes future tenants proud.”

The office building will be situated over a podium-style garage, providing unmatched views of the Kirby Drive corridor. Office occupants will have access to a dedicated fitness center and a private outdoor elevated park space. The project will offer 16,500 square feet of restaurant space including 1,000 square feet of outdoor seating.

The development will also feature a 38-story residential tower that will include 312 luxury apartment homes and 18 penthouses, and a robust amenity collection including a 7th floor rooftop garden, fitness center and resident spa, with additional amenity spaces on the 38th floor, highlighted with an outdoor pool deck.

“Texas has been good to us, and we are confident that Stream, with their deep Texas roots, will know exactly how to position this office asset to the market and attract high-quality tenants to the region,” said Tim Downey, SLC Founder and CEO. “We have a considerable footprint in Texas and believe this development will be an outstanding addition to the Houston community.”

Elsewhere in Texas, SLC is developing Deco 969, the first residential tower in downtown Fort Worth in 30 years, and Lunaroya, a luxury community of 28 intimate homesites in Dripping Springs. SLC is also the developer of Tucker Hill, a master-planned community in McKinney. SLC’s past mixed-use and multifamily projects in
Texas include Arthouse in Keller, Junction 15 and Morada in Plano, The Lofts at Watters Creek in Allen, and Novē at Knox in Dallas.

https://streamrealty.com/wp-content/...M-1536x831.png

https://streamrealty.com/wp-content/...M-1536x996.png

https://streamrealty.com/wp-content/...M-1005x700.png

https://streamrealty.com/wp-content/...E2%80%AFPM.png

Wattleigh

Dec 18, 2023 9:26 PM

POST

https://assets-global.website-files....5_Home-SEO.jpg

Image c/o Post Houston

https://www.bizjournals.com/houston/...Pos=7#cxrecs_s

Quote:

Lovett Commercial seeks city council support for proposed convention center hotel

By Jeff Jeffrey – Senior reporter, Houston Business Journal
Dec 18, 2023

The Houston City Council is set to consider a measure that would allow Houston-based Lovett Commercial to build a new convention center hotel just north of downtown.

The city council’s agenda for its [Dec.] 19 meeting includes a proposed ordinance to authorize Lovett Commercial to build a convention center hotel and a convention center facility at 401 Franklin Street.

Under state law, hotel projects that meet certain criteria are eligible to receive tax rebates if approved by local governments. Council members are scheduled to hold a vote during Tuesday’s meeting to determine whether Lovett Commercial’s proposed convention center hotel will be approved as a qualified hotel project to receive those tax rebates for a period of 10 years.

“The Texas Comptroller of Public Accounts has issued a private ruling to the developer confirming that the hotel will qualify as a 'qualified hotel project' based on the structure of the transaction,” city council documents said.

The proposed hotel project would include a multi-phase, mixed-use development sitting on a 16-acre parcel at 401 Franklin Street. The proposed convention center hotel would be part of Lovett Commercial’s adaptive reuse of the former Barbara Jordan Post Office, which now houses the company’s Post Houston entertainment facility.

The hotel would include between 90 and 200 rooms, as well as a 21,000-square-foot convention center facility in the same building, according to a description filed with the city.

If approved, the city would own the hotel when it is completed, though Lovett Commercial would maintain the right to purchase the hotel after the 10-year rebate period ends. The city also would receive a room-block agreement, giving the city priority in booking rooms for conventions.

Additionally, Houston First Corp. would lease the building and would be responsible for finding a management company to operate the hotel. The convention center facility within the hotel would be used to hold public conferences, meetings and exhibitions to attract conventions and tourists, city council documents said.

At this stage, no hotel company has signed on to operate the development.

Houston First declined to comment on the proposed hotel.

No city money would be used to build the hotel and convention center facility, according to a spokesperson for Mayor Sylvester Turner.

Urbannizer

Dec 29, 2023 6:16 PM

Quote:

Originally Posted by Wattleigh (Post 10096562)

St. Regis Residences

https://realtynewsreport.com/st-regi...at-river-oaks/

Rendering:

https://media.licdn.com/dms/image/sy...yNH2k6T4_m1-ww

JManc

Dec 29, 2023 6:39 PM

Looks like it's going in the open area in the center of this map..

https://www.google.com/maps/@29.7634...!1e3?entry=ttu

Dariusb

Dec 30, 2023 4:50 AM

Nice rendering.

Wattleigh

Jan 2, 2024 1:46 PM

2811 Kirby Drive

https://www.houstonchronicle.com/bus...b-18566792.php

Quote:

Details revealed for 38-story Upper Kirby tower; Lululemon joins Rice Village, apartments break ground by future H-E-B in Katy

By Marissa Luck,
Staff writer
Dec 22, 2023

Plans are starting to solidify for a mixed-use project of almost 1 million square feet in Upper Kirby.

Nashville-based Southern Land Co. plans to break ground in summer on the 913,190-square-foot project at 2811 Kirby, which will include a 38-story apartment tower, an 83,322-square-foot office building with parking, 16,500 square feet for a ground-floor restaurant and a 1,000-square-foot outdoor seating area, and separate two-story restaurant building.

Stream Realty Partners will oversee office marketing, led by Ryan Barbles, Matt Asvestas and Matthew Seliger.

“The demand for new Class A office space in dynamic and exclusive environments in Houston has remained relatively strong. We are seeing a continued trend of tenants moving out of older suburban office buildings and opting for new, walkable, innovative buildings as many employees return to the office,” a spokesperson for Southern Land said in an email.

The development's 312-unit apartment tower will have 18 penthouses, a fitness center, a garden on the seventh floor and a spa.

Architect Solomon Cordwell Buenz is designing the project. Construction is expected to be complete by 2027, a Southern Land spokesperson said.

A vacant bank building on the site was demolished shortly after Southern Land bought the site in March.

Wattleigh

Jan 4, 2024 2:15 PM

https://www.houstonchronicle.com/bus...n-18578638.php

Quote:

Downtown Houston studies tax incentives to convert outdated offices to new uses

By Marissa Luck,
Staff writer
Jan 2, 2024

Warren/Staff photographer

Cities across North America are grappling with what to do with empty offices in a post-pandemic world, and eventually the city of Houston could join others offering tax incentives to entice developers to breathe new life into outdated offices.

Downtown Houston, the umbrella organization for Central Houston, Downtown Redevelopment Authority and Houston Downtown Management District, has been studying the possibility of an office conversion incentive program.

Downtown Houston recently released a feasibility study conducted by the consultancy AECOM of tax incentives that could spark more conversions in the city center. Downtown is the region's largest office market, with office vacancy rates over 25%. The study comes as the city faces the possibility of a large chunk of its tax base deteriorating as the value of vacant office buildings plummets.

Any tax incentives would have to be approved by City Council. Economic development officials must discuss the issue with the new mayor before proceeding, said Andy Icken, chief economic development official for the city. Icken, however, noted the success of similar incentives offered through the Downtown Living Initiative, launched to attract more apartment development by offering up to $15,000 per unit, has helped to bring downtown’s residential population to more than 11,000.

“When we (did the original) Downtown Living Initiative it was a fairly simple formula. … Anything we do here — if we do anything — is going to have to be a whole lot more complicated and focused,” Icken said.

Icken said the city engaged with Downtown Houston several months ago to help it understand best practices in other cities and challenges for what could lie ahead.

“This is the beginning of the process,” Icken said.

Cities from San Francisco to New York have launched incentive programs aimed at office conversions. Perhaps the most noteworthy has been in Calgary, Alberta, where, like Houston, energy companies are using less space. So far, 13 downtown projects have been approved as the city offers $75 per square foot for office conversions.

“Calgary came at this with a perspective of, ‘Oh my gosh, these buildings are now vacant in our downtown. … If we don't solve this, we're going to (see) billions in foregone tax revenue that we don't have to provide services to everybody,” said Kris Larson, president of Downtown Houston.

While other cities have focused on creating more housing, Larson said, Houston's conversion program may not be as limited.

“We’re generally agnostic to the future use of those buildings and only prefer that they are used by people — preferably in ways that further the diversification of downtown,” Larson said.

Dale	Jan 4, 2024 3:00 PM

I thought that Dallas was the leader in this trend. But it’s CBD seems to be languishing.

Wattleigh

Jan 4, 2024 4:59 PM

Quote:

Originally Posted by JManc (Post 10110785)

Looks like it's going in the open area in the center of this map..

https://www.google.com/maps/@29.7634...!1e3?entry=ttu

Someone has placed a marker for that project on Google Maps it seems.

IIRC the site immediately west has a 7-story Randall Davis condo project planned for it.

All times are GMT. The time now is 8:37 AM.

Prev 1 161 211 251 257 258 259 260261262 263 Next

Viewing Page 261 of 263

Show 50 post(s) from this thread on one page