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Cosmopolitan of Houston: 3Q 2015 Start Date - 3Q 2017 Completion |
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And 5 Allen Center is back to 50 stories again (assuming that image is not outdated). |
What, me worry? (says Swamplot, citing many sources)
DON’T Y’ALL GO WORRYING ABOUT THE FALLING PRICE OF OIL NOW |
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.
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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 |
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. |
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 |
If all these DT developments happen, you guys realize that's a 30% reduction in the surface parking lots right?
Infill nation in DTH. |
I do not want to see any stories on The Shortage of Surface Parking...:koko::notacrook:
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BTW love the renderings. Yes, yes, lots and lots of infill. That's all that matters. Infill. |
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!
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Technip pre-leases more office space:
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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" |
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.
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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. |
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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 |
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 |
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