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

citykid09 Oct 22, 2014 9:59 PM

Quote:

Originally Posted by photoLith (Post 6779008)
I know this happened forever ago, but whatever happened to that huge apartment development that exploded into flames in Montrose a couple years ago? Did they redevelop or rebuild?

You mean a few months ago? They are rebuilding. Here is a link: http://www.bizjournals.com/houston/b....html?page=all

Just a few weeks ago they decided to knock down the garage and rebuild it as well.

toxteth o'grady Oct 23, 2014 1:42 AM

On the tract on the other side of Landry's from the proposed hotel, CBRE is taking offers and has set a deadline of November 18 (a month from last Saturday). The lot is 2.71 acres. No word yet on what it could be...

Deadline set for offers on vacant Galleria-area site

http://blog.chron.com/primeproperty/...AP-600x579.jpg

toxteth o'grady Oct 23, 2014 2:36 PM

Yet another sign that there continues to be strong leasing demand downtown.

LNG company establishes headquarters in Houston

Parallax Energy, a new liquefied natural gas partnership, has established its headquarters at 1201 Louisiana in Houston...

And HBJ in its 10/24 edition has an interview with the co-CEOs of Just Energy. They are currently looking for 10,000 sf of office space.

toxteth o'grady Oct 23, 2014 8:56 PM

BisNow has once again mentioned high-rise residential coming to the Galleria. No timing or details. From the article:

"4. Malls are still big here

We’ve got two major mall expansions in the works when enclosed-mall construction nationwide is all but dormant. The Galleria is growing—Saks opened a new 198k SF store, freeing up 110k SF in the Galleria to be subdivided into restaurants and retail. The mall is also adding a multifamily tower..."

Urbannizer Oct 23, 2014 9:09 PM

Quote:

Originally Posted by toxteth o'grady (Post 6780528)
BisNow has once again mentioned high-rise residential coming to the Galleria. No timing or details. From the article:

"4. Malls are still big here

We’ve got two major mall expansions in the works when enclosed-mall construction nationwide is all but dormant. The Galleria is growing—Saks opened a new 198k SF store, freeing up 110k SF in the Galleria to be subdivided into restaurants and retail. The mall is also adding a multifamily tower..."

We already know about it. ~300 units, residential over office and retail space. Just waiting on a rendering and more details.

https://farm3.staticflickr.com/2938/...31f55817_b.jpg

Urbannizer Oct 24, 2014 4:51 PM

JW Marriott Downtown Houston: Now complete, opened in September.

https://www.facebook.com/JwMarriottH...own?fref=photo

https://farm6.staticflickr.com/5603/...ff340997_b.jpg

https://farm4.staticflickr.com/3953/...95a0fa59_b.jpg

https://farm6.staticflickr.com/5604/...1342669c_b.jpg

https://farm4.staticflickr.com/3938/...e7104f5c_b.jpg

https://farm4.staticflickr.com/3954/...8e112d75_b.jpg

https://farm6.staticflickr.com/5608/...596f58a5_b.jpg

https://farm4.staticflickr.com/3940/...eda6a0dc_b.jpg

https://farm6.staticflickr.com/5613/...3c27a999_b.jpg

https://farm4.staticflickr.com/3956/...3860817b_b.jpg

https://farm4.staticflickr.com/3936/...1acfb524_b.jpg

https://farm4.staticflickr.com/3939/...8c5a2eb7_b.jpg

https://farm4.staticflickr.com/3946/...95c0d9ed_b.jpg

Sic'EmBears Oct 24, 2014 7:38 PM

Looks good.

Since Marriott is aFfiliated with Ritz-Carlton and they just opened a JW, is there a shot that Houston will ever get a Ritz?

Sic'EmBears Oct 24, 2014 7:39 PM

Doubled post

HoustonHorns Oct 24, 2014 8:28 PM

Wow, that turned out better than I was expecting. I also agree that Ritz needs to come to downtown Houston. Downtown seems to be attracting more luxury projects, with the proposals for the Randall Davis condo tower and Hotel Alessandra, so Ritz definitely would belong.

N90 Oct 25, 2014 12:15 AM

Quote:

Originally Posted by Urbannizer (Post 6781455)

Reminds me of the JWM on Penn Ave in DC but prettier

AviationGuy Oct 25, 2014 1:16 AM

Reviews of this hotel so far on Tripadvisor are excellent (just 7 reviews so far).

texanuh Oct 25, 2014 1:26 AM

looks amzing

toxteth o'grady Oct 25, 2014 3:06 AM

The Methodist Hospital in the Woodlands just broke ground.

Houston Methodist breaks ground on The Woodlands hospital

http://ww4.hdnux.com/photos/32/66/43.../3/622x350.jpg

And that's not all. The Texas 242 crossing of I-45 is ramping up:

Woodlands intersection primed for future growth

http://ww2.hdnux.com/photos/32/64/10.../3/622x350.jpg

N90 Oct 25, 2014 3:18 AM

Quote:

Originally Posted by toxteth o'grady (Post 6782285)
And that's not all. The Texas 242 crossing of I-45 is ramping up:

Woodlands intersection primed for future growth

http://ww2.hdnux.com/photos/32/64/10.../3/622x350.jpg

What does the 242 crossing have to do with urban development or highrises? Why's it here and not in the general development thread with other stripmallish shit where it belongs?

toxteth o'grady Oct 25, 2014 3:23 AM

Yet more evidence the demand for office space continues: newly opened office of UK company looks for 20,000 sf of space:

Newly launched London energy company to open Houston office

"...Xodus Subsea is currently working with CresaPartners LLC to find about 20,000 square feet of office space in the Energy Corridor within the next few months to serve as the North American headquarters for the new company, said Matt Kirk, Xodus Subsea's managing director..."

toxteth o'grady Oct 25, 2014 3:25 AM

Quote:

Originally Posted by N90 (Post 6782292)
What does the 242 crossing have to do with urban development or highrises? Why's it here and not in the general development thread with other stripmallish shit where it belongs?

The two hospital developments are the important elements; they only had a picture of Costco, though the Mercedes dealership might have also been of interest.

shakman Oct 25, 2014 6:05 AM

Quote:

Originally Posted by N90 (Post 6782292)
What does the 242 crossing have to do with urban development or highrises? Why's it here and not in the general development thread with other stripmallish shit where it belongs?

City Compilation threads are for all types of developments including transportation, parks, retail centers, etc.

rdavis4559 Oct 25, 2014 12:06 PM

Quote:

Originally Posted by shakman (Post 6782378)
City Compilation threads are for all types of developments including transportation, parks, retail centers, etc.

Wasn't all of that split off into the general development thread?

pacarlson Oct 25, 2014 2:11 PM

That Marriott reno looks fantastic! I hope their business stays busy there.

toxteth o'grady Oct 26, 2014 5:09 AM

Quote:

Originally Posted by rdavis4559 (Post 6782455)
Wasn't all of that split off into the general development thread?

It was, but that's become a one-man band...:shrug:

rdavis4559 Oct 26, 2014 2:15 PM

Has anyone posted this yet? The house at the corner of Riverside and Almeda was torn down and this lot as well as the adjacent vacant lot have been fenced in. The fencing has an ad for a new development to be built elsewhere called Museum Flats but the website has no information yet.

http://i15.photobucket.com/albums/a3...026_084648.jpg

The intended use for the two lots mentioned has something to do with an "unrestricted reserve."

http://i15.photobucket.com/albums/a3...026_084747.jpg

toxteth o'grady Oct 27, 2014 1:14 AM

This wouldn't be the reason for the recent *cough* zoning *cough* of the Riverside Terrace, would it?

shakman Oct 27, 2014 1:18 AM

Quote:

Originally Posted by rdavis4559 (Post 6782455)
Wasn't all of that split off into the general development thread?

The split was between supertall, highrise and general development.

toxteth o'grady Oct 27, 2014 1:27 AM

There are some other residential midrises starting to come above ground, according to photos on HAIF. Examples below:

Dolce Living. Supposed to be six floors on parking. 10/25 by Triton at HAIF:

https://farm4.staticflickr.com/3946/...501a8106_h.jpg

Also 10/25 by Triton at HAIF: Broadstone Skyline:

https://farm6.staticflickr.com/5600/...6a4cce3a_h.jpg

The Hampstead - Five floors. 10/26 by HoustonMidtown at HAIF:

http://www.houstonarchitecture.com/h...1414342943.jpg

500 Crawford - seven floors, next to the Ballpark. 10/25 by Triton at HAIF:

https://farm4.staticflickr.com/3945/...e3898e6b_h.jpg

EaDo Station Apartments. Supposed to be four floors of residences. 10/12 by hindesky at HAIF:

http://www.houstonarchitecture.com/h...1413143651.jpg

Alexan Yale Street: 10/08 on HAIF:

http://www.alexanheights.com/wp-cont...r-1024x791.jpg

http://vertika-se.com/images/News%20...%20Pic%201.jpg

And on block 334, near the Skyhouse: 10/25 by Triton on HAIF:

https://farm4.staticflickr.com/3928/...b999ed78_h.jpg

The Jefferson, a seven-floor beige thing on Memorial, has also begun to rise. 10/18 by HoustonMidtown at HAIF:

http://www.houstonarchitecture.com/h...1413658861.jpg

The Alexan Midtown. 10/12 by Hindesky at HAIF:

http://www.houstonarchitecture.com/h...1413143491.jpg

Shasta Oct 27, 2014 2:02 AM

Quote:

Originally Posted by toxteth o'grady (Post 6783781)
This wouldn't be the reason for the recent *cough* zoning *cough* of the Riverside Terrace, would it?

No.

Riverside Terrace is on the other side of 288 and South of Braes Bayou.

rdavis4559 Oct 27, 2014 3:19 AM

Quote:

Originally Posted by Shasta (Post 6783849)
No.

Riverside Terrace is on the other side of 288 and South of Braes Bayou.

Yeah, just coincidental street name.

toxteth o'grady Oct 27, 2014 7:59 PM

BisNow just posted word on the groundbreaking for Spring Valley Medical Plaza. Note the rental rate:

Spring Valley Medical Plaza

http://s.lnimg.com/photo/poster_768/...7c050f1d56.jpg

Urbannizer Oct 28, 2014 12:44 AM

https://farm4.staticflickr.com/3956/...df2f4559_c.jpg

Quote:

Originally Posted by Realty News Report
Huge Mixed-Use Infill Project will Feature Simon Outlet Mall, Multifamily and 600,000 SF Office on Southwest Freeway

http://realtynewsreport.com/2014/10/...hwest-freeway/

HOUSTON – Street Level Investments is acquiring one of the largest infill sites in Houston for a mixed-use project that is expected to include a 400,000-square-foot Simon Premium Outlet retail center, 600,000 square feet of office space, 60 acres of multifamily development and a hotel.

The 192-acre site, with an enormous half-mile of frontage on the Southwest Freeway, has been the campus of Texas Instruments, which is vacating the property and selling it to Dallas-based Street Level Investments.

“We expect to start construction after the first of the year,” said developer Brian Murphy, a partner in Street Level, which will finalize the land deal with Texas Instruments shortly.

With Simon as the outlet mall operator, Street Level brings in one of the most formidable retail center developers in the world. Simon manages The Galleria and operates Houston Premium Outlets near Fairfield on the northwest side of Houston, Katy Mills mall in west Houston, plus about 300 other retail centers in North America, Europe and Asia.

Murphy said JBL Partners of Dallas is expected to develop multifamily in the project, which will have about 2,400 units when built-out years from now.
The development, which will be called “Legacy” is located near the 12200 block of the Southwest Freeway between Kirkwood Road and West Airport Blvd. The tract, located in the City of Stafford, also has frontage on Murphy Road.


Some 2 million people live with a 20-minute drive to the proposed project, Murphy said.

“I don’t know of another infill site with that kind of density,” Murphy said.


toxteth o'grady Oct 28, 2014 4:26 PM

Better late than never, since they're already moving dirt. The Chron's business page has the ground-breaking for the Carter (which is on 4 Chelsea Street).

Museum District to get new luxury high-rise

http://blog.chron.com/primeproperty/.../10/CARTER.jpg

toxteth o'grady Oct 28, 2014 4:35 PM

The end of August saw apartment occupancies reach a record - 91%. Expect the construction of highrises, midrises, wraps and mixed-use developments to continue.

Renters scooping up apartments at historic rate

http://blog.chron.com/primeproperty/...14/10/CBRE.jpg

llamaorama Oct 28, 2014 6:57 PM

The TI redevelopment must be really good news for Stafford.

Don't they have basically no taxes except sales tax and various franchise and business license fees?

All for a small city that has somewhat more public services than its neighbors and runs the only municipal school district in the state of Texas.

toxteth o'grady Oct 28, 2014 7:53 PM

What may be encouraging Brookfield to build Allen Center 5 is the fact that the rest of the complex has just about leased up. BisNow has the details:

"The Allen Center started this year 88% occupied. Now thanks to 370k SF of leasing year-to-date, it's nearly full. (It's longer lines in the lunch room, but more variety for office-wide potlucks. These are life's trade-offs, folks.)

Cassidy Turley started leasing the 3.1M SF, Class-A Downtown property in January and has brought on 10 new tenants (up to 95% occupied). Among the new firms is Memorial Resource Development, a new entry to Houston, which took down 125k SF in a long-term lease. Allen Center owner Brookfield renovated the property recently, adding new ceiling grids and light fixtures."

Urbannizer Oct 29, 2014 3:35 PM

http://swamplot.com/wp-content/uploa...na-parking.jpg

http://swamplot.com/el-tiempo-says-m...ar/2014-10-29/

Quote:

Originally Posted by Swamplot
El Tiempo Says Multi-Story Apartments Will Replace Montrose’s 1308 Cantina Early Next Year

EL TIEMPO’S ROLAND Laurenzo reports that the land under his family’s El Tiempo 1308 Cantina on Montrose Blvd. is being sold by the owner for a “multi-story apartment project development.” The restaurant, which leases the space, is looking for another Montrose spot it can relocate to after it closes early next year. Greg Morago’s report in the Chronicle doesn’t provide any additional detail about the proposed apartments, but the 1308 Cantina, bounded by West Clay St., occupies the northern third of a long block capped on the southern end by the for-sale and shuttering Gibbs Boats at West Gray St. Between those 2 properties are a tire shop and the U-Plumb-It supply store. The 1308 Cantina took over from a restaurant called Sabor, a mid-oughts upscale replacement for La Jalisciense at the same 1308 Montrose Blvd. spot.


TexasPlaya Oct 29, 2014 3:44 PM

Quote:

Originally Posted by llamaorama (Post 6785798)
The TI redevelopment must be really good news for Stafford.

Don't they have basically no taxes except sales tax and various franchise and business license fees?

All for a small city that has somewhat more public services than its neighbors and runs the only municipal school district in the state of Texas.

I use to live by this and this will be a huge boon for the area. Stafford is mostly industrial/logistics surrounded by mostly low income, working class neighborhoods near the Houston side. I wonder how expensive these units will be as this is in a decent location if you work in uptown or westchase area.

toxteth o'grady Oct 29, 2014 4:30 PM

If the apartments are like the residential developments in Katy, probably $1200 for a one-bedroom. If they are a typical wrap, perhaps $1400. They may get more for something really high end, but the neighborhood doesn't seem to be the most favorable for that kind of development.

I'm curious about the highrise that is displacing El Tiempo, as the location is nowhere near any of the other highrise proposals that have appeared either here or on the HAIF boards. We'll have to see what it is.

DBGHouston Oct 29, 2014 8:29 PM

Quote:

Originally Posted by toxteth o'grady (Post 6787075)
If the apartments are like the residential developments in Katy, probably $1200 for a one-bedroom. If they are a typical wrap, perhaps $1400. They may get more for something really high end, but the neighborhood doesn't seem to be the most favorable for that kind of development.

I'm curious about the highrise that is displacing El Tiempo, as the location is nowhere near any of the other highrise proposals that have appeared either here or on the HAIF boards. We'll have to see what it is.

My understanding was this site (El Tiempo/Cantina 1308) was originally being redeveloped by the same folks who did the building on W Dallas that burned down. That suggests multi-floor but not highrise. The article does not say highrise btw.

I did hear a rumor of highrise for the parking lot just north of Little Bigs currently being used by Aladdin and Charles Armstrong's bars on Pacific Street, a separate project altogether from the one where Hollywood Vietnamese is. Montrose north of Westheimer might be unrecognizable in two or three years.

N90 Oct 29, 2014 8:54 PM

Quote:

Originally Posted by DBGHouston (Post 6787504)
Montrose north of Westheimer might be unrecognizable in two or three years.

Same could be said about the city it's in IMO

Urbannizer Oct 29, 2014 10:13 PM

8-stories, 220 units by Sunrise Luxury Living.

http://swamplot.com/the-8-story-apar...ts/2014-10-29/

toxteth o'grady Oct 30, 2014 2:20 AM

Well, that's a little underwhelming. But I'll be interested to see the renders for this when it comes out...

toxteth o'grady Oct 30, 2014 3:43 AM

A luta continua...

Houston multifamily demand to continue in 2015

At a ratio of 1 new apartment for every 5 jobs, Houston would need all 24,000 of the apartments currently under construction.

Urbannizer Oct 30, 2014 3:44 AM

http://ww3.hdnux.com/photos/32/76/20...5/784x2048.jpg

Quote:

Originally Posted by Houston Chronicle
Flashy projects rise near ballpark

The newest, a 28-story luxury apartment tower on Texas Avenue between Austin and LaBranch, will have floor-to-ceiling windows, an infinity-edged swimming pool and a private club room with views of home plate.

Chicago-based Marquette Cos., is planning to break ground on the building - which will be called Catalyst - on Wednesday.

"Houston is experiencing urbanism for the first time," said Darren Sloniger, president of the company, which is developing the project in partnership with Hunt Cos. of El Paso and affiliates of Los Angeles-based Ares Management.

Sloniger said Houston reminds him of Chicago 15 or 20 years ago before there was a thriving urban core of housing, shops, restaurants and offices in a walkable environment.

"When you look anywhere in the United States, downtown Houston is one of the best opportunities that exists today," he said.

Houston's urban center began to see a flurry of development activity when the economy and real estate market started to recover from the latest downturn and the city launched a tax incentive program designed to lure more residential builders downtown.

Full Article: http://www.houstonchronicle.com/busi...fe02eaf1bd0534


Clev Oct 30, 2014 3:59 AM

I really like this building. The whole area around the ballpark will be totally transformed once all these projects get built.

The Best Forumer Oct 30, 2014 5:00 PM

Quote:

Originally Posted by toxteth o'grady (Post 6782294)
Yet more evidence the demand for office space continues: newly opened office of UK company looks for 20,000 sf of space:

Newly launched London energy company to open Houston office

"...Xodus Subsea is currently working with CresaPartners LLC to find about 20,000 square feet of office space in the Energy Corridor within the next few months to serve as the North American headquarters for the new company, said Matt Kirk, Xodus Subsea's managing director..."

I am sure there is space somewhere in downtown as opposed to locating their offices in the suburbs.

toxteth o'grady Oct 30, 2014 5:27 PM

I've been seeing announcements Downtown. However this company opted for Westchase:

Engineering company moves U.S. HQ to Houston

Meanwhile, demand for Downtown office space by foreign investors continues to be hot: 1000 Main is expected to sell for $526/sf - which would be a record.

Houston’s real estate market continues to attract foreign investors

HoustonHorns Nov 1, 2014 9:10 PM

Here are some pictures from mlyounge83 on Haif.

609 Main:
https://farm6.staticflickr.com/5608/...3b476424_b.jpg

1111 Travis:
https://farm4.staticflickr.com/3948/...99701663_b.jpg

toxteth o'grady Nov 2, 2014 1:35 AM

AmREIT, which spurned an offer from Regency Centers, then announced a massive program of new construction for Uptown Park, has agreed to be sold to Edens Investment Trust for $26.55 a share. This could mean a change of plans...

Uptown Park owner to be acquired in $763M deal

toxteth o'grady Nov 2, 2014 1:38 AM

If anyone thought things had slowed down on the Phillips 66 campus, there's a reason - Gilbane has been brought in to finish the project.

Phillips 66 switches contractors on new Houston campus

toxteth o'grady Nov 3, 2014 5:44 PM

With occupancy at 91%, Houston apartments are getting expensive. More expensive than - Portland (!)

A spike in rent squeezes many Houstonians to the fringes

dgpatel Nov 3, 2014 7:08 PM

Quote:

Originally Posted by toxteth o'grady (Post 6791437)
If anyone thought things had slowed down on the Phillips 66 campus, there's a reason - Gilbane has been brought in to finish the project.

Phillips 66 switches contractors on new Houston campus

Hah the picture in the article is COP's HQ, not Phillips66

toxteth o'grady Nov 3, 2014 9:13 PM

I believe that's Phillips 66. CoP is in Energy Centers III and IV.


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