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Hanover planning Upper Kirby project Urbannizer just posted this on HAIF, so who knows? http://ww3.hdnux.com/photos/31/47/14...3/784x2048.jpg |
http://ww3.hdnux.com/photos/31/47/14...3/784x2048.jpg
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more renderings from the article.. i count ~38 stories.
http://ww1.hdnux.com/photos/31/47/14...5/333x2048.jpg http://ww4.hdnux.com/photos/31/47/14...5/333x2048.jpg |
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Wow, love the project but with the remaining monetary incentives for downtown residential, I'm surprised this type of project went on Kirby Dr. I realize there is a highrise a few blocks down, but still....
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Prosperity Hospitality Group is hinting to BisNow that they plan to build a hotel at Beltway 8 at I-10 on the site of a former PetSmart. No word on how tall or when:
https://ci6.googleusercontent.com/pr...Fwy-medium.jpg There is also mention in BisNow of Building 9 at Research Forest Lakeside, which is currently under design up in the Woodlands. No word on why they skipped Buildings 6 through 8, but 9 will be 136,000 sf, which sounds like a 6-level building. |
Larger renderings of Hanover River Oaks
http://swamplot.com/wp-content/uploa...-render-se.jpg http://swamplot.com/wp-content/uploa...-render-ne.jpg http://swamplot.com/wp-content/uploa...-render-sw.jpg |
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"Maple Multi Family Land TX purchased 25k SF of land at 10615 Katy Fwy. Coldwell Banker’s David Hummel and Vince Elder repped the seller." The land that Prosperity Hospitality Group bought is just across that property on the north side of Katy Freeway. Former Petsmart site location |
Oops...I had the name wrong. It's Prospera Hospitality Group.
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https://www.google.com/maps/@29.7404...qiKvP0TQsg!2e0 |
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And with the base for the tower crane having shown up at the site of the Marriott Marquis, we have yet another project going up.:tup: |
I really like this design. The area around Minute Maid Park should be filling up nicely in the next couple of years.
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Will this new hotel have a brand and if so, any idea on which brand will operate this hotel?
Also, any updates on Hotel Alessandra? |
although, it is only a conceptual rendering.. this news is indeed splendid!
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The Cosmopolitan of Houston http://www.realtexdevelopment.com/po...an-of-houston/
http://www.realtexdevelopment.com/wp...66-480x300.png |
It's good seeing downtown getting more residential.
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Either way it's not hard to understand why someone would choose to live in a high-rise in River Oaks over Midtown/downtown. Personally, I would want to be in the core of the city but not everyone in this suburban city is pro-urban. |
Today's BisNow was a rundown on projects happening Downtown. They have been mentioned as the developer of a 39-story apartment tower near the convention center that was previously posted. There is another Trammell Crow project going in south of the Ballpark:
"...Trammell Crow Residential (3) is also hoping to break ground this quarter on a six-story, 267-unit multifamily community. It will deliver in Q1 ’17..." https://ci6.googleusercontent.com/pr...een-medium.jpg This project is south of the Marquette, so I'm not sure it's associated with the other midrise that's supposed to be to the east. |
So is the New Woodlands too expensive?
Did Howard Hughes pay too much for its new master-planned community? |
Reality - what a concept! The theory behind a Chinese developer's plans for a $300 million Pearland development called the Ivy District.
Pearland mixed-use development awaits city approval http://ww3.hdnux.com/photos/31/52/42...5/784x2048.jpg http://blog.chron.com/primeproperty/...ster-plan1.jpg |
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Downtown Austin works because of the Lake, proximity to UT and there are no other places to put up a true high rise in Austin. In Houston, there are PROVEN areas for a residential high rise to work; mainly Uptown, River Oaks, Allen Parkway, Greenway Plaza/Upper Kirby, Hermann Park/Med Center. Downtown was an unknown until Finger Cos. opened One Park Place and it has proven to be highly successful. Sky House just opened. There's a race to get out of the ground by 4 other proposed residential high rises downtown. There's one rumored high rise for midtown but it'll be the first and therefore a risky proposition. It's hard to get lending with risk. |
Is anyone familiar with the Hamilton Apartments? HBJ has a building permit listed for 1800 St. Joseph Parkway, which puts it right at the NW corner of I-45 and I-69 downtown. This is apartments on top of a garage structure. Permit is almost $15 million.
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New design for 3615 Montrose; Spring 2015 start date.
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New design? I don't even remember the old design.
Okay, this is the Taft... https://farm4.staticflickr.com/3901/...5aecdbc8_b.jpg And this is the Mason... https://farm6.staticflickr.com/5572/...2fb4824e_b.jpg What's the difference? (Actually, since they're right around the corner from each other, it makes a little bit of sense...) |
The Southmore, re-rendered (from Swamplot):
http://swamplot.com/wp-content/uploa...endering-2.jpg http://swamplot.com/wp-content/uploa...endering-1.jpg Demolition is almost done on the block where this is going up. |
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The Houston office market, by the numbers:
Avison Young report It should be noted that much like the county-by-county depiction of the vote in presidential elections, looks can be deceiving, as the biggest tracts have some of the smallest inventories of office space. But 6 million square feet of office space absorption in two quarters is phenomenal: http://htmlimg2.scribdassets.com/6z4...522e13234f.png http://htmlimg1.scribdassets.com/6z4...167220812b.png |
Where the demand for office space downtown is coming from...
San Francisco energy company about to open Houston office and La Porte site |
This could be a big deal. UT is going to open an engineering college in Houston. I'm not sure about the size or scope, other than they might graduate 2,000 engineers a year once they hit their stride. For an undegraduate campus, that would be 8,000 students, and that does not include grad students.
UT plans Houston energy engineering institute |
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Good engineering schools are the toughest to build. Although partnerships with local businesses are great I still feel like University of Houston and Rice would have a large edge for a very long time in the local market. It's most likely that we will see modest effort by the UT system to move into the Houston market. |
That said, UT Dallas started from nothing in the mid-'80s and quickly ramped up to have one of the largest student enrollments in the state. Houston has a desperate need for engineers to serve the oil and gas industry, so a lot of those UT engineers will find they're in demand.
And for reference, St. Thomas has an entire student body population of 2,000. |
Sorry, but UT's plan is stupid. If they have that much money sitting around, then they need to spend it on making other system schools better.
Rice, UH, and A&M are not going to like this one bit. The reason there's an engineering glut isn't due to higher education, but rather our high schools aren't producing enough qualified students in the first place. ATM likes to consider itself a Houston-area school. It would be easier for folks in Bridgeland to commute to ATM than UH these days. Also, Schlumberger recently gave UH its old headquarters. UH turned it in to an Energy Research Park. It started new engineering programs and has landed tons of corporate money. This smells like UT is chasing the money rather than doing what is in the best interest of the State. |
I'm not sure why HBJ is a week behind the Chron with the news about the Ivy District, but it goes to Pearland City Council on August 25.
Details revealed for mixed-use project in Pearland They're also just now waking up to the news about the Micro Center development, also known as the Shoppes at Uptown: Wal-Mart, another hotel to come to the Galleria area |
Meanwhile, an indication that the party is not winding down anytime soon...
Houston energy hiring far exceeds past two years |
The Texas Medical Center is planning to open a business accelerator in the old Nabisco plant. The building was previously refurbished, so I'm not sure if any additional work will be done on it.
Texas Medical Center to open 'country's largest' life-sciences accelerator Meanwhile, Dynegy, which is downtown, is expanding its business Dynegy acquires Duke assets, others for $6.25 billion |
This week's HBJ has a quick summary of projects in Fort Bend County. Memorial Hermann's expansion is mentioned, as is Methodist's $131 million capital improvement program and Nalco Champion's new offices. Also mentioned is a new campus for Fluor (I believe the project was mentioned in this thread as long as a year ago, but there are only sketchy details). It's still early days, but a campus with as much as 1 million sf of space will be built on 50 acres at 59 and University Boulevard, so this is a biggie.
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They can, but it's getting more expensive, as demand and costs for construction workers goes up.
In building boom, construction workers gain the upper hand |
A parcel changes hands at Lakes on Post Oak, presumably for a highrise residential building. Buyer is rumored to be Trammell Crow.
New multifamily project to rise in Galleria area |
Yet another office development out west.
West Belt submarket continues to grow with another groundbreaking http://blog.chron.com/primeproperty/...ng-236x236.jpg |
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Houston has caught the attention of Al Jazeera.
Immigrants reshape Houston, America’s most diverse metropolis |
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