Updates By Triton - 11/26
Buffalo Bayou Park Revitalization: https://farm9.staticflickr.com/8670/...108fd015_b.jpg Dog Park: https://farm8.staticflickr.com/7486/...05bccfb3_b.jpg https://farm9.staticflickr.com/8667/...683909b3_b.jpg https://farm8.staticflickr.com/7480/...c37ebbcb_b.jpg https://farm8.staticflickr.com/7465/...88c5a143_b.jpg Broadstone Skyline: https://farm8.staticflickr.com/7518/...a0195f9c_b.jpg https://farm9.staticflickr.com/8657/...2b0327ea_b.jpg Elan Heights: https://farm8.staticflickr.com/7581/...7a170d1a_b.jpg Alexan Heights: https://farm8.staticflickr.com/7527/...ba8309b0_b.jpg https://farm8.staticflickr.com/7535/...709f5317_b.jpg https://farm9.staticflickr.com/8664/...1931dfa8_b.jpg https://farm9.staticflickr.com/8592/...cfe3bf23_b.jpg https://farm8.staticflickr.com/7567/...cec1bb88_b.jpg Alexan Yale: https://farm9.staticflickr.com/8612/...59d6a561_b.jpg |
ExxonMobil Chemical Campus Redevelopment: A first look at the site plan. PMRG is evaluating two different options for the $1 Billion-dollar project.
Plan A: Keep the existing office building. https://farm8.staticflickr.com/7539/...6bba3890_b.jpg Plan B: Demolish the existing office building. https://farm8.staticflickr.com/7477/...fbd7e78f_b.jpg Construction on the first office building and apartment complex is expected to begin in Summer 2015. |
Houston makes the national media again - this time for too much gentrification. And the poster child for this change is the Hanover River Oaks.
How oligarchs destroyed a major American city http://www.alternet.org/files/styles...9.28.29_am.png BTW, isn't the real poster child for all of this the Shenzhenification of New York City? |
The Chronicle's story on the Post apartments on 610 near the Galleria was notable not for the announcement of a five-story apartment that's been under construction for a month but for a map highlighting all the projects underway or in the pipeline...
http://blog.chron.com/primeproperty/...P-page-0-1.jpg |
Wow, great map! Thanks for sharing that. Btw, that was a very interesting article on gentrification in Houston
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http://i60.tinypic.com/2yw70ww.jpg
Not sure where miscellaneous pics like this would go but we have awesome views of downtown from my office on Canal & Navigation. |
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http://blog.chron.com/primeproperty/...gger-building/
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http://blog.chron.com/primeproperty/...2/RIVA-EXT.jpg |
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http://www.bizjournals.com/houston/m...ks-ground.html Quote:
https://farm8.staticflickr.com/7513/...d682deba_b.jpg Tower at Hermann Place: The proposed tower that's mentioned in the article. http://farm4.staticflickr.com/3709/9...474efaaa_b.jpg |
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Man, wouldn't the Downtown post office serve better as the High Speed Rail Station? It seems like the perfect spot besides Hardy Rail Yards which is also doing something similar to the post office. I just feel both are missed opportunities for the city to find land and proximity that the HSR needs.
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It's good that some attention is finally being given to parts of the city that haven't been part of the boom. It's also encouraging that it is aimed at renters who can't afford to pay $2.80/sf for a living space.
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I disagree that the post office would be a good location for the High Speed Rail Station. It's too small, in a back corner of downtown that doesn't get much development and is surrounded by highways. Because there is only so much space downtown to work with and we can't get a line to the center of downtown, I propose some vacant lots around Minute Maid Field as the prime location for future high speed rail transit.
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Kavac LLC (better known as Fisher Homes) has been issued a permit for a multifamily "midrise" at 1011 Studemont. No details, other than these are podium type apartments. Permit was listed in this week's Houston Business Journal.
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Another update on the Tema project for Hermann Park/Museum District, from Swamplot. First, here's the site plan:
http://swamplot.com/wp-content/uploa...an-cropped.jpg The first two projects are 7 stories and horizontally oriented. Second, there is the encouraging word that the helix is still the helix. But it is 4-6 years away from being built: http://swamplot.com/wp-content/uploa...7792688689.jpg |
^Why will it take that long to get built?
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One thing Dallas has that might be copied on some of the new highrises in Houston is LED banding that allows the buildings to display graphics, lettering, etc. in a form that looks a bit like Times Square. I saw it on the side of the Omni Hotel downtown and at least two other office buildings. They've also incorporated dynamic color imagery into the lights of the Reunion Tower ball. It's pretty slick. I could imagine such a display on the backside of the GRB facing I-69.
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The other day I was driving on pierce elevated and I noticed a lot was being demoed, it looked to be around the location of 1811 San Jacinto.
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The Chron has a pictorial of the second office building for Academy Sports and Outdoors:
http://ww2.hdnux.com/photos/33/46/47.../1280x1280.jpg Deal of the Week: Academy expands in Katy |
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OliverMcMillan has revealed what is an impressive tenant roster for the River Oaks development.
Retailers: Akris – Swiss fashion label Anne Fontaine – Women’s apparel Bonobos – E-commerce driven men’s clothing Brioni – Italian fashion house Brunello Cucinelli – Cashmere designs and men’s and women’s sportswear Canali – Italian tailor-made suits for men Chopard – Swiss watches and jewelry De Boulle Diamond & Jewelry – Fine diamonds and luxury timepieces Diptyque – Parisian-based scented candles, perfumes, home fragrances and face and body care Dolce & Gabbana – Italian fashion house Etro – Italian fashion house including men’s and women’s ready-to-wear clothing, shoes, jewelry and home decor Giuseppe Zanotti – Italian shoemaker Intermix – Multi-brand fashion retailer John Lobb – Men’s and women’s ready-to-wear Kiton – Custom men’s and women’s clothing and accessories L’Occitane – Skin and bath products Moncler – Outerwear for men, women and children Roberto Cavalli – Italian fashion designer Restaurants: Taverna – Italian cuisine Thirteen Pies – Wood-fired pizzas and hand-cut pasta Toulouse Cafe and Bar – Traditional bistro Le Colonial – Upscale French/Vietnamese American Food and Beverage (AF+B) – Upscale American in a neighborhood tavern setting Spa: Equinox – an upscale fitness club and spa In addition to the shops and restaurants, River Oaks District will include 92,000 square feet of office space and 279 residential units. An eight-screen, 560-seat iPic Entertainment movie theater with dining and a bar/lounge will also operate in the center. Dolce & Gabbana, Intermix and others to open in luxury development - Prime Property |
Intermix isn't exactly high end. I almost expect LUSH to move in next to them.
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And another midrise residential wrap is about to go up near Exxon Mobil:
New luxury apartment project moves forward near Exxon Mobil campus http://blog.chron.com/primeproperty/...ds-Village.jpg |
More details about Park Place at Buffalo Bayou, direct from BisNow:
https://ci5.googleusercontent.com/pr...ace-medium.jpg "Colvill Office Properties was retained to lease Park Place at Buffalo Bayou. The 250k SF, 10-story building is being built by Pinto Realty at Memorial and Waugh and recently broke ground. It will deliver in summer 2016, overlooking Spotts Park. Park Place is part of Buffalo Bayou Park, the centerpiece of a master redevelopment plan underway tying the CBD to Memorial Park along Allen Parkway and Memorial Drive. That’ll complete in Q2 ’15. Michael Anderson and Damon Thames will handle the assignment. Kirksey designed the LEED Silver property, and Tellepsen is GC." |
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I live in the apartments next door... glad I got a balcony facing Downtown otherwise I'd be pissed! Never thought a tower this size would've fit in that lot; let alone that it was even available for construction. I thought it was part of the park. Being a native Houstonian: It is what it is. Can't bitch too much about it. The unexpected is to be expected. OH, and maybe, its shadow will cover my building some in the summer and keep my bill down...one can always hope! :)
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^^^
Well this wasn't unexpected, this was part of a larger organized plan to improve the area around Buffalo Bayou. |
Disclaimer: I aint no NIMBY; but how does an office building do that?
http://www.houstonchronicle.com/busi...5920360.php#/0 |
The office building was part of a larger master plan. Those can easily include office buildings just as was done on The Woodlands Waterway.
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THE DEAL SHEET |
Even with oil down, there are reasons to think Houston's momentum will continue a little while longer...
Why Asia Traders’ Move to Texas Spells Trouble for OPEC Hint: they're not moving to Dallas... |
Despite the drop in the price of oil, another Houston property sells for a record price:
Downtown Houston tower reportedly finds buyer |
http://swamplot.com/wp-content/uploa...riance-req.jpg
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http://swamplot.com/before-fore-wash...st/2014-12-10/ |
More multi-family developments in the works:
Buffalo North, by Mill-Creek Residential Nation Flame & Forge Site, The Heights Campus Vue Student Housing, Phase II |
Demolition work has begun for The Kirby Collection:
http://www.thorequities.com/wp-conte...20(aerial).jpg http://www.thorequities.com/wp-conte...20(street).jpg |
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http://swamplot.com/behold-the-rubbl...rs/2014-12-11/ http://swamplot.com/wp-content/uploa...vator-best.jpg http://swamplot.com/wp-content/uploa...kopf-demo1.jpg http://swamplot.com/wp-content/uploa...vator-wide.jpg |
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- Phase I: 7-Stories - Phase II: ~20-Stories - Phase III: 35 to 50 Stories Quote:
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Not again?:notacrook:
Speaking of all those new apartment blocks, Swamplot just nominated the Houston Wrap (or Texas Donut) as one of its Design Cliches for 2014 (and who could forget 2012's winner, the Humper House?) http://swamplot.com/wp-content/uploa...5-columbia.jpg THE 2014 SWAMPIES Favorite Houston Design Cliché: The Official 2014 Ballot http://swamplot.com/wp-content/uploa...ntain-view.jpg |
I actually like those Wrapped apartment complexes. They look decent and add density in a smaller footprint. As opposed to older complexes which are 2-3 stories and are staggered on the property leaving a lot of wasted space. And usually dismal parking...
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