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

Urbannizer Nov 11, 2014 1:34 AM

HSPVA: New renderings of the final design.

https://farm6.staticflickr.com/5607/...07f854c4_b.jpg

https://farm8.staticflickr.com/7500/...bf688e9a_b.jpg

https://farm8.staticflickr.com/7533/...6f6182ea_b.jpg

https://farm4.staticflickr.com/3942/...36fdc88e_b.jpg

rellott Nov 11, 2014 3:05 AM

There's a small residential development goin in at the Southwest corner of Studemont & Center. I live around the corner, but I've been super busy. All I can see is "Occupancy 2015". Looks like a nice lil residential complex

Urbannizer Nov 11, 2014 5:46 PM

Block 387: Soil testing, rumor is that it will be yet another residential development for downtown. Photo by Drlan34

https://farm8.staticflickr.com/7464/...8e3673ba_b.jpg

Central Square: By DrLan34

https://farm8.staticflickr.com/7571/...837e510d_b.jpg

500 Crawford: By Nate99

https://farm4.staticflickr.com/3942/...38ca5fd6_b.jpg

Texaco Building: By Nate99

https://farm6.staticflickr.com/5607/...9c07d683_b.jpg

toxteth o'grady Nov 11, 2014 11:33 PM

While we're building schools, the British International School has announced a new 275,000 sf campus out in Katy. No renders yet. It is supposed to have room for 2,000 students.

Houston international school to develop new campus near Katy

RocTX Nov 12, 2014 5:02 PM

Most new construction of any US city in 2014! Houston is a beast right now!

http://www.forbes.com/sites/erincarl...ction-in-2014/

Urbannizer Nov 12, 2014 8:00 PM

Amegy Bank HQ: The old Micro Center is now being demolished for the ~20-story tower. No renderings yet.

http://www.houstonarchitecture.com/h...1415816019.jpg

Houston1836 Nov 12, 2014 9:23 PM

Ground breaking ceremony today for the Nau Center for Texas Cultural Heritage

https://pbs.twimg.com/media/B2ROzjqIYAEXXni.jpg:large

Sic'EmBears Nov 12, 2014 9:54 PM

Very disappointed in the building itself.

photoLith Nov 12, 2014 10:02 PM

It's pretty freaking ugly. But whatever, anything is better than an empty lot downtown and the lots are quickly filling in which I wouldn't have thought three years ago would be happening at this rapid of a pace now.

xbryanisbeastx Nov 13, 2014 12:36 AM

You said the Nau Center building is UGLY? I like it!

AviationGuy Nov 13, 2014 2:36 AM

Quote:

Originally Posted by photoLith (Post 6805163)
It's pretty freaking ugly. But whatever, anything is better than an empty lot downtown and the lots are quickly filling in which I wouldn't have thought three years ago would be happening at this rapid of a pace now.

Reminds me too much of the Bullock Museum in Austin, which I don't like. I guess we'll see how this building turns out. But you're right, anything is better than parking lots.

Urbannizer Nov 13, 2014 3:16 AM

https://farm8.staticflickr.com/7554/...1293e5e6_b.jpg

Quote:

Originally Posted by Houston Chronicle
Houston Central Library Plaza gets Some Love

City officials recognize the plaza's potential as a people-gathering space, given its prime location between the Central Library and the beautifully-restored Julia Ideson Library. Wednesday they announced they have a source of funds to improve it: A Heart of the City grant from Southwest Airlines, in partnership with the Project for Public Spaces Inc., a New York nonprofit that has worked behind the scenes for about 40 years to help local groups turn under-used assets into vibrant public spaces. The organization has supported many Houston improvements, including Discovery Green, Market Square Park, Levi Park, Navigation Boulevard and Emancipation Park.

Project for Public Spaces provides technical assistance; Southwest will pay for the amenities and help to kick-start programming.

"It's the right time to award this grant and get the project started," said Megan Lee, Southwest's senior manager for community outreach.

The airline has already funded urban park-improvement projects in San Antonio, Detroit and Providence, Rhode Island. Eventually, it hopes to help revitalize public spaces in each of the 99 cities it serves, Lee said. She plans to have an additional five projects in play next year.

Exactly what will be done and what it will cost aren't yet known; that's partly what the public voting was about. The library will keep the posters up a few weeks before the design is finalized; work should begin in spring.

Full Article: http://www.houstonchronicle.com/ente...5888875.php#/0


toxteth o'grady Nov 13, 2014 4:31 AM

I've not seen a separate thread for this building, and it's getting close to done. Noble Energy Tower. 11/9 by hldjhn987 at HAIF:

http://i256.photobucket.com/albums/h...7/DSC00346.jpg

http://i256.photobucket.com/albums/h...7/DSC00348.jpg

HoustonHorns Nov 13, 2014 6:25 AM

It's nice seeing some activity on Block 387. We need the parking lots along the light rail in downtown to fill up.

toxteth o'grady Nov 13, 2014 7:03 PM

The Wedge Tower rebranding (to 1415 Louisiana) will commence the kick-off of the Hilton Garden Inn downtown, due to start construction in Q4 (that gives them 45 days to get started).

Wedge Transforming Downtown Property: New Hotel and Upgrade to 43-story Office Tower

Urbannizer Nov 13, 2014 7:50 PM

Camden Conte: Rendering revealed, from the next downtown development map.

https://farm6.staticflickr.com/5609/...e5178b99_b.jpg

https://pbs.twimg.com/media/B2WE5baIEAAJykb.jpg

The Cosmopolitan of Houston: Rendering revealed.

https://farm6.staticflickr.com/5607/...b673c637_b.jpg

toxteth o'grady Nov 13, 2014 8:40 PM

Very nice; it clears up a few mysteries. Any start dates for both?

toxteth o'grady Nov 13, 2014 10:00 PM

An interesting day in the oil business could boost Houston's demand for office space - or consolidate it. AMEC and Foster Wheeler just merged, and identified Houston as their hub for the Americas. And Halliburton may be buying Baker Hughes...

Energy engineering giants merge, will base Americas unit in Houston

Halliburton Said to Be in Talks to Acquire Baker Hughes

Urbannizer Nov 13, 2014 10:27 PM

Marlowe: Here's the condo tower planned by Randall Davis

https://farm8.staticflickr.com/7498/...2fb68938_b.jpg

Urbannizer Nov 13, 2014 10:36 PM

New Downtown Development Map Released:

http://www.downtownhouston.org/site_...11x17_cond.pdf

JManc Nov 13, 2014 11:51 PM

Quote:

Originally Posted by toxteth o'grady (Post 6806606)
An interesting day in the oil business could boost Houston's demand for office space - or consolidate it. AMEC and Foster Wheeler just merged, and identified Houston as their hub for the Americas. And Halliburton may be buying Baker Hughes...

Energy engineering giants merge, will base Americas unit in Houston

Halliburton Said to Be in Talks to Acquire Baker Hughes

I get called for an interview with Baker Hughes for a pretty good job this afternoon and this is announced this evening. FML

Urbannizer Nov 14, 2014 12:17 AM

Quote:

Originally Posted by toxteth o'grady (Post 6806476)
Very nice; it clears up a few mysteries. Any start dates for both?

Camden Conte: (Phase One) - 1Q 2015 Start Date - 1Q 2017 Completion. (Phase Two) - 1Q 2017 Start Date - 1Q 2019 Completion

Cosmopolitan of Houston: 3Q 2015 Start Date - 3Q 2017 Completion

toxteth o'grady Nov 14, 2014 1:20 AM

Quote:

Originally Posted by Urbannizer (Post 6806653)
New Downtown Development Map Released:

http://www.downtownhouston.org/site_...11x17_cond.pdf

Well. what do you know - a render of the Hamilton. Five stories of residences on one level of parking. And not bad looking, considering the rumors it would have affordable residences.:tup:

And 5 Allen Center is back to 50 stories again (assuming that image is not outdated).

toxteth o'grady Nov 14, 2014 1:25 AM

What, me worry? (says Swamplot, citing many sources)

DON’T Y’ALL GO WORRYING ABOUT THE FALLING PRICE OF OIL NOW

Clev Nov 14, 2014 3:08 AM

Wow, so many new renderings! I really like the Marlowe. The Camden project looks like the Catalyst, but that's a good design, so I'm not complaining. The Cosmopolitan will fit in nicely around the ballpark.

Urbannizer Nov 14, 2014 5:49 AM

1800 San Jacinto (Block 384): They've altered the design.

https://farm9.staticflickr.com/8577/...d9ed99e3_b.jpg

The Hamilton:

https://farm6.staticflickr.com/5605/...0cbcf76b_b.jpg

toxteth o'grady Nov 14, 2014 1:58 PM

So is the Cosmo Downtown any relation to the Cosmo Uptown?

I like the design for the Hamilton; it could have been a lot worse.

toxteth o'grady Nov 14, 2014 2:08 PM

Houston is about to experience a Surge...

New developer launches 10 residential projects in central Houston


And it will all be needed.

Transwestern forecasts strong Houston commercial real estate market in 2015

N90 Nov 14, 2014 3:03 PM

If all these DT developments happen, you guys realize that's a 30% reduction in the surface parking lots right?

Infill nation in DTH.

toxteth o'grady Nov 14, 2014 4:04 PM

I do not want to see any stories on The Shortage of Surface Parking...:koko::notacrook:

N90 Nov 14, 2014 4:15 PM

Quote:

Originally Posted by toxteth o'grady (Post 6807454)
I do not want to see any stories on The Shortage of Surface Parking...:koko::notacrook:

What kind of a person could actually miss those flat, concrete, and ugly abominations?

BTW love the renderings. Yes, yes, lots and lots of infill. That's all that matters. Infill.

Monarch Nov 14, 2014 6:01 PM

THE HAMILTON, seems to boast a strong, well put together, tasteful, along with very clean lines.. prospective edifice. i am happy as per this strong design as per that particular vicinity of the cbd... well done indeed!

N90 Nov 14, 2014 6:34 PM

Technip pre-leases more office space:
Quote:

Technip just signed a huge expansion at Mac Haik's Energy Plaza, taking down 104k SF in the soon-to-deliver Energy Tower IV. Just last year, Technip leased the full 438k SF Energy Tower III, also inking its deal before the building delivered. Mac Haik director of leasing Steve Bryant (whom we snapped with the two buildings Technip will call home) repped the landlord with colleague Brandon Poynter, and tells us ETIV will be complete by Jan 15, but Technip and Spectrum are building out their spaces now, with plans to open for business in March. He and Brandon still have 284k SF available. CBRE's Steve Hesse, Brandon Clarke and Jeff Cairns sat at the other side of the table.
https://www.bisnow.com/houston/news/...es-Again-40464

toxteth o'grady Nov 14, 2014 6:59 PM

This is another reason why I'm not as concerned about overbuilding in the office sector. There still seem to be plenty of tenants, some of whom are looking to increase the size of their staffs.

BisNow also had a brief mention of Verde Parc and the changing pattern of outlet mall development. If this happens, it's going to be very close to Katy Mills (though it was originally mapped out as a mall development before it got sold by Simon Properties):

https://ci4.googleusercontent.com/pr...arc-medium.png

"To keep up with demand, retailers have started manufacturing MFO (made for outlet) merchandise. Next on Ed’s agenda: leasing the retail components of Verde Parc (120 acres along the Grand Parkway in West Houston that’ll feature office, multifamily, restaurants, hotel and retail). The site (pictured) actually used to be owned by Simon but was purchased by Parkside Capital at the beginning of the year. He’ll start talking with users and site developers in early 2015"

toxteth o'grady Nov 14, 2014 7:06 PM

Incidentally, Houston seems like a good place for MFO manufacturers to locate, and if there are hints the energy industry is slowing down, a few of these will help with the job creation and space absorption. The GHP should be talking to prospects, especially those who use oil-based plastics and related products.

The Best Forumer Nov 14, 2014 8:10 PM

Quote:

Originally Posted by toxteth o'grady (Post 6807768)
This is another reason why I'm not as concerned about overbuilding in the office sector. There still seem to be plenty of tenants, some of whom are looking to increase the size of their staffs.

BisNow also had a brief mention of Verde Parc and the changing pattern of outlet mall development. If this happens, it's going to be very close to Katy Mills (though it was originally mapped out as a mall development before it got sold by Simon Properties):

https://cddi4.googleusercotent.com/p...arc-medium.png

"To keep up with demand, retailers have started manufacturing MFO (made for outlet) merchandise. Next on Ed’s agenda: leasing the retail components of Verde Parc (120 acres along the Grand Parkway in West Houston that’ll feature office, multifamily, restaurants, hotel and retail). The site (pictured) actually used to be owned by Simon but was purchased by Parkside Capital at the beginning of the year. He’ll start talking with users and site developers in early 2015"

Sounds like a lot of sexual harassment cases.


Quote:

Originally Posted by toxteth o'grady (Post 6807784)
Incidentally, Houston seems like a good place for MFO manufacturers to locate, and if there are hints the energy industry is slowing down, a few of these will help with the job creation and space absorption. The GHP should be talking to prospects, especially those who use oil-based plastics and related products.

Are you saying that jobs associated with retail outlets will replace jobs in the energy industry?

toxteth o'grady Nov 14, 2014 9:43 PM

Nah - they will probably be in addition. The MFO's are manufacturing jobs.

Oil was up $2 a barrel today. We'll see if it's a mirage.

AviationGuy Nov 15, 2014 1:10 AM

Quote:

Originally Posted by N90 (Post 6807467)
What kind of a person could actually miss those flat, concrete, and ugly abominations?

BTW love the renderings. Yes, yes, lots and lots of infill. That's all that matters. Infill.

Last time I saw those parking lots, they also had weeds growing through the cracks in the asphalt, with plenty of broken glass and other trash. That was about 5 years ago. I'm really looking forward to seeing the infill progress in person next time I get a chance to see that side of downtown.

toxteth o'grady Nov 15, 2014 3:47 AM

More details on the Marlowe have been provided by Swamplot - including an address - 1211 Caroline Street. Meanwhile, inflation being what it is, 20 is now 18 (though it could still be 20)...

Here’s a First Glimpse of the Actual Design for the 100-Unit Condo Tower Randall Davis Wants To Put at the End of GreenStreet Downtown

http://swamplot.com/wp-content/uploa...-rendering.jpg

toxteth o'grady Nov 15, 2014 3:52 AM

And in a bit of unfortunate news, Tilman Fertitta of Landry's went on a rant and claimed Houston could be at the epicenter of a real-estate bubble popping and that inflation is incredible (probably because he's priced building materials recently). I wonder if he is getting ready to quietly back-burner his hotel proposal...

TILMAN FERTITTA SEES AND SMELLS A NATIONWIDE REAL ESTATE CRASH, STARTING IN HOUSTON

toxteth o'grady Nov 15, 2014 4:32 AM

Quote:

Originally Posted by Urbannizer (Post 6802925)
HSPVA: New renderings of the final design.

https://farm4.staticflickr.com/3942/...36fdc88e_b.jpg

A note I received from the Friends of HSPVA says groundbreaking is December 14 (at 2pm). Anyone want to see the Mayor and the School Board stick shovels in a sandbox? :tup:

toxteth o'grady Nov 17, 2014 7:33 PM

I am always amused by articles that talk about the boom slowing, for two reasons. First they are saying job creation will slow to 90,000 a year, which is higher than it was five years ago. Second, they always revise the predictions upward; last year at this time, they said job growth would "slow" to 70,000 a year. Office absorption will "only" be 14 million sf in two years ("only" because 20 million sf of new office space will be completed in that time frame). I guess that's like saying Ben Stein is "only" on the rubber chicken circuit for the speaking fees (and he "only" lost his hair within the last decade).

HOUSTON'S BOOM BEGINS TO FIZZLE

https://b256ec319b64095c3d1d-e19f06f...tein-large.JPG

Urbannizer Nov 18, 2014 2:23 AM

Menil Drawing Institute: Moar renderings, construction begins in January. A residential high-rise by Hines is also planned for Menil.

https://farm8.staticflickr.com/7462/...4d30ee6f_b.jpg

https://farm6.staticflickr.com/5612/...cf4fd24d_b.jpg

https://farm6.staticflickr.com/5608/...757de303_b.jpg

https://farm8.staticflickr.com/7464/...e90a98cb_b.jpg

https://farm6.staticflickr.com/5606/...7085f726_b.jpg

https://farm8.staticflickr.com/7517/...e87fbfa2_b.jpg

https://farm8.staticflickr.com/7489/...3b27d781_b.jpg

https://farm6.staticflickr.com/5611/...8c48bf6a_b.jpg

Urbannizer Nov 18, 2014 3:39 AM

Some updates over the past few days:

Elan Heights: Photo by Triton

https://farm8.staticflickr.com/7563/...70f64456_b.jpg

Hardy Yards: Activity going on.

https://farm6.staticflickr.com/5608/...d3986f4d_b.jpg

https://farm8.staticflickr.com/7475/...56ea64a8_b.jpg

https://farm8.staticflickr.com/7554/...6e9c9440_b.jpg

The Hudson: Photo by larrydierker

https://farm8.staticflickr.com/7518/...30ce75ff_b.jpg

Broadstone Midtown Phase II:

https://farm6.staticflickr.com/5605/...4d19417a_b.jpg

Lakes on Post Oak: Rumor is that this is multifamily with retail, but may also include hotel/condo and office.

https://farm8.staticflickr.com/7540/...5a7d4b12_b.jpg

https://farm6.staticflickr.com/5603/...b71a9653_b.jpg

toxteth o'grady Nov 18, 2014 4:22 PM

Transwestern says it's still hot here. Office absorption of 4.8 million sf in nine months - more than all of last year.

Report: Houston's office market a national leader

JManc Nov 18, 2014 6:29 PM

:( :( My favorite store in Houston knocked down...Microcenter. I know they built a new one...in a horrible spot by the old one wreaked of nostalgia. I bet their were boxes of Windows 95 disks in boxes in the back along with a few Bondi-blue iMacs...

toxteth o'grady Nov 18, 2014 8:26 PM

I'm sure there were even a few 256k floppies in 5 1/4" sleeves.

shakman Nov 18, 2014 9:05 PM

Quote:

Originally Posted by toxteth o'grady (Post 6812394)
I'm sure there were even a few 256k floppies in 5 1/4" sleeves.

Along with the Commodore 64.

toxteth o'grady Nov 19, 2014 9:05 PM

I'm pretty sure I saw a picture of this one once before. LaCenterra IV, on the Grand Parkway; BisNow says it's expecting a Q2 2015 lift-off:

https://ci5.googleusercontent.com/pr...ing-medium.jpg

toxteth o'grady Nov 19, 2014 9:35 PM

An article about possible wage hikes coming to more of the country produced the following highlight that may explain a lot of what's slowing down projects in the market:

"...At Houston-based Camden Property Trust (CPT), one of the biggest U.S. apartment owners, half of 14 projects under construction or being leased for the first time are as much as six months behind schedule because “we don’t have enough workers,” Chief Executive Officer Ric Campo said. Competitors are so brazen that recruiters will venture onto Camden work sites, he said.

“We have had situations where people have pulled up and said ‘Hey, I’ll pay you $100 cash right now if you come to my job,’” Campo said. He estimated that labor costs are helping boost building expense 5 percent to 15 percent.

Signing Bonuses

Jockeying for Houston workers goes beyond energy, according toRay Perryman, president of Waco, Texas-based economic consultant Perryman Group. Construction and even restaurant employees have received signing bonuses, he said by e-mail..."

Wages to Rise on Signs of Improving U.S. Job Market


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