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"Site under construction" seems to mean it's not going to be accessible for a little while.
Anyway, has anybody seen JLL's Q2 report? There were 2 million sf of space leased and Downtown's office vacancy is under 10%. Energy companies dominate Q2 real estate activity HAIF is back in operation again. |
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BisNow says Houston's retail vacancy rate dropped to 6.3% (the lowest they've ever recorded). It suggests now's a good time to build stores. (And at CBRE's conference yesterday a lament was heard that downtown doesn't have a large grocery store yet). All in due time, I guess.
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DNV-GL gets bigger (and the Chron misspells their name).
DMV GL expanding Katy headquarters http://blog.chron.com/primeproperty/...GL-600x247.jpg |
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The facelift for Two Shell Plaza (now 811 Louisiana) is well underway. Here's a shot I took today.
https://farm4.staticflickr.com/3845/...ea0ed38c_b.jpg |
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Another day, another tout for Houston.
America’s Opportunity City http://www.city-journal.org/assets/i...24_3-jktg1.jpg |
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Things like... Houston is hot muggy and intolerable most of the year BUT.... Or, despite the sea of strip malls, concrete, and freeways there are... |
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I'm glad that a lot of those Downtown projects are still making progress.
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^No need to fire off, he's just making a statement
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Fire off? Lulz.. I was "just making a statement" as well..
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Some random shots I had no other place for.
21 Eleven... http://i770.photobucket.com/albums/x...ps0657dc8a.jpg http://i770.photobucket.com/albums/x...psf1226ca6.jpg 6 Houston Center site - barricaded off... http://i770.photobucket.com/albums/x...psa6e81feb.jpg Texaco crane (?) http://i770.photobucket.com/albums/x...psa198eabe.jpg 500 Crawford - the garage is more massive than the building. http://i770.photobucket.com/albums/x...pse98a7678.jpg http://i770.photobucket.com/albums/x...ps9810f9f9.jpg |
Metro West added these renderings to the existing downtown skyline to give us an idea on how some of the new projects will change the area around Market Square.
http://s28.postimg.org/8pag12xa5/Hou...rth_Future.jpg |
Astoria
Please pardon me if this has already been discussed but is the Mcdonald's staying next door to the currently under-construction Astoria?
I wonder if the Mcdonald's employees are a little nervous because the crane looks like it's literally directly above them in one of the pictures posted yesterday. |
^ yes, that McDonalds is brand new and is not going anywhere anytime soon. It was a replacement of a 2-story one (which was actually kinda cool) that straddled parking lot of the new McD's and Astoria property.
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Yet another NIMBY lawsuit against the Hines highrise on San Felipe...
A Second Neighborly Lawsuit Against Hines’s San Felipe Office Tower Demonstrates Effect of Ashby Highrise Ruling |
The Chron is moving to the Houston Post's old citadel on the Southwest Freeway.
Houston Chronicle to move into “state-of-the-art” facility http://blog.chron.com/primeproperty/...g_mdj_02-1.jpg |
Belfiore: 7/20 by larrydierker
https://farm4.staticflickr.com/3842/...5785a375_b.jpg BLVD Place & Hanover Post Oak: 7/19 by Javi Kawai https://farm6.staticflickr.com/5566/...ff39bdff_b.jpg Premier Medical Center: 7/20 by larrydierker https://farm6.staticflickr.com/5578/...a32e0a22_b.jpg |
I'm not familiar with the Premier Medical Center, but that sure looks like Brays Bayou.
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I'm not able to see the rest of this article, so I don't know if this means local shifts in the job base or firms moving in from out of town. UPDATE: Thanks to Swamplot, the whole article is now accessible. Five companies are looking from outside the Metro, including two Fortune 250s.
Partnership: Exxon Mobil project sparking interest in nearby Woodlands |
On Block 368 (the vacant lot next to Skyhouse Houston), soil testing work was going on a few days ago. Rumor is that it may be Skyhouse #3 with work beginning soon.
http://www.houstonarchitecture.com/h...-on-block-368/ |
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Energy engineering giant plans substantial Houston expansion |
Another day, another tout. This time, video...
If You’re From Houston, This Video Will Be The Best 4 Minutes Of Your Day |
BisNow has an update on Beltway Lakes:
"Radler is also flying along on development of its Beltway Lakes campus. Building 3, which broke ground last year, is reaching core and shell completion in October. Building 4, its mirror image (each is nine stories and 270k SF), will go into the dirt in the next 90 days. Radler is also beginning planning on Building 5, a 20-story tower that’ll top 600k SF. Tom tells us the original site plan (pictured) called for three sets of mirror-image buildings, but now that the Beltway is booming and land is scarce, he really has to focus on being a true Class-A development. And that means upping the amenities game. (They’re near the top of every credit tenant’s wish list.) Instead of a sixth office building, Radler is in late negotiations with a hotel that will also offer dining and conference facilities to tenants." In short, it sounds like the two smaller buildings in the picture will instead be a 20-story office tower and a hotel. No word on what the office tower will look like. https://ci4.googleusercontent.com/pr...kes-medium.jpg |
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Thanks for that clarification.
New crane for FMC's building at Generation Park has gone up. Generation Park has gone vertical http://www.hkatexas.com/wp-content/u...14-660x330.jpg Just a reminder of what it will look like: http://ww3.hdnux.com/photos/27/70/70...9/784x2048.jpg |
A crane operator for Astoria has fallen and is currently stuck in a confined space within the crane 200ft above ground.
You can watch the rescue live here: http://abc13.com/live/ |
This image, in the latest edition of National Geographic, should be a hint to Trader Joe's, Aldi and WinCo on where to put their next supermarkets. Mapping the Houston Food Desert.
http://www.nationalgeographic.com/fo...on_map_web.png |
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Construction Updates:
Noble Energy Tower: 7/2 by hldjhn987 http://i256.photobucket.com/albums/h...7/DSCN3826.jpg http://i256.photobucket.com/albums/h...7/DSCN3809.jpg http://i256.photobucket.com/albums/h...7/DSCN3814.jpg http://i256.photobucket.com/albums/h...7/DSCN3817.jpg Birdsall Memorial: 7/27 by larrydierker https://farm4.staticflickr.com/3902/...e39cd137_b.jpg https://farm6.staticflickr.com/5580/...3e039ef2_b.jpg Temenos Place: 7/27 by Triton https://farm6.staticflickr.com/5579/...55c73d93_b.jpg Rendering: https://farm4.staticflickr.com/3858/...8cc25921_b.jpg |
Harris County Institute of Forensic Sciences
https://farm4.staticflickr.com/3913/...12885a7e_b.jpg Quote:
https://farm6.staticflickr.com/5567/...48fa7e9b_b.jpg https://farm3.staticflickr.com/2923/...7d1323d6_b.jpg http://pagethink.com/v/project-detai...c-Sciences/7p/ |
Another wrap may be coming to Montrose, reports Swamplot. Tenants in the old apartments just got eviction notices. Dolce Living appears to be behind the move, with possibly a City Centre at Midtown complex replacing it. Wrap it up.
New Owners to Montrose Apartment Dwellers: Everybody Out by the End of August, We’re Tearing These Places Down http://swamplot.com/wp-content/uploa...-w-alabama.jpg |
More on the Southmore and other possible highrises in Midtown, from BisNow...
https://ci3.googleusercontent.com/pr...ore-medium.jpg "Two of the big ones are Morgan’s building on Smith and a redevelopment site on Main. The latter—right on the rail line a few blocks south of the Superblock—is proposed to be the first high-rise in the submarket. Here's Hines' proposed high-rise on Southmore. David says Midtown has changed a lot in the last few years and it’s about to change significantly again in the next few. Gentrification in the area has increased due to the influx of some of the city's best restaurants and the ease of travel down into the Med Center. He says it's also benefiting from its position between two of the largest employment centers in the city (CBD and TMC). And as office development continues nearby, Midtown will continue its progression into a top place to live for young pros who want a vibrant nightlife. The land team is bringing two more sites to market there now—one at West Dallas and 45 and the other cattycorner to the Superblock (it might go high-rise as well)." |
really enjoying the modern clean lines of this edifice. very quiet.. very nice.
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AmREIT has doubled down against potential suitors, adding a $650 million proposed expansion at Uptown Park. This is your first look at the Palazzi.
http://blog.chron.com/primeproperty/...rk/palazzi.jpg AmREIT reveals new Uptown Park development This may be a little underwhelming after speculation of something in the 40-50 floor range. They're spreading out rather than going up. |
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and while the Palazzi is underwhelming, it was only supposed to be around 28 stories. like Tower Spotter said, the 50 story residential project was downsized to the now 40 story residential tower AmREIT has planned for Post Oak/San Felipe northwest, just south of the cosmo. |
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"...Its agreement with Crimson Real Estate Adivsors to develop a high-rise in Uptown Park expired and was terminated. After negotiating for development rights on a parcel adjacent to the high-rise site, AmREIT now plans to develop an $80 million project with 200 high-end rental units and 40,000 square feet of retail. Construction is expected to begin next year. ›› It is negotiating a joint venture with a multifamily developer to build a 40-story, 365-unit residential tower with two stories of retail on a 1.58-acre site at the northwest corner of Post Oak Boulevard and San Felipe. AmREIT would retain ownership of the land and ground-lease the site to the anticipated venture. Total costs are estimated to be $142 million. Construction could begin in the next 12 months. ›› It has acquired a 20.3 percent ownership interest in the Inverness Townhomes at the northwest corner of Post Oak Boulevard and Uptown Park Boulevard and plans to purchase the entire site and form a joint venture with Trammell Crow Co. to develop 560,000 square feet of office space and 16,000 square feet of retail space. Estimated project costs are more than $225 million, and construction could begin within the next 12 to 15 months. ›› It is in negotiations with a four-star hotel brand and development partner for a mixed-use project at the southeast corner of Uptown Park. The project could include 243 hotel rooms, 234 residential units and up to 20,000 square feet of retail space. Total project costs are estimated at around $204 million, and construction could begin within the next 18 months..." None of these projects starts moving dirt until 2015, so we'll wait to see what happens. |
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