HOUSTON | Development Thread II

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https://www.bizjournals.com/houston/...Pos=4#cxrecs_s

Measure to invest $2B into George R. Brown Convention Center area signed into law

By Jeff Jeffrey – Senior reporter, Houston Business Journal
Jun 21, 2023


The George R. Brown Convention Center and the surrounding area downtown could soon receive a big facelift thanks to a bipartisan measure signed into law June 19.

Gov. Greg Abbott’s signature on Senate Bill 1057 will allow the city and Houston First Corp., the organization charged with promoting the city’s convention and tourism industries, to receive a portion of the hotel-occupancy taxes in excess of the amount collected this year for the next 30 years.

Under S.B. 1057, the revenue collected will allow for improvements to the George R. Brown Convention Center and the surrounding area, which could include the East Downtown area. The state comptroller’s office estimates the revenue will exceed $1.8 billion over the next three decades.

“The passage of this legislation will have an enormous impact on Houston remaining a tier-one convention and major event destination, really for decades to come,” Houston First President and CEO Michael Heckman said in an interview. “It will modernize and enhance our convention center and our convention district in ways that are important not only to Houstonian leisure visitors but also convention attendees. It's important that Houston remain not only at par with our competitors across the country, but to stay a step ahead of the competition. This legislation will allow us to do that.”

S.B. 1057 is essentially an amendment to a 2013 law that provided Dallas and Fort Worth with similar incremental revenue from hotel-occupancy taxes. Under the new legislation, Houston will now benefit.

“The great thing is that Houston will receive the same benefits without having to raise new taxes,” Heckman said. “All of the revenue that will now come to the city will come from taxes that are already in place.”

The bipartisan bill was authored by state Sen. John Whitmire, a Houston Democrat, and was sponsored in the Texas House by state Reps. Sam Harless, a Republican, and Shawn Thierry, a Democrat. Both Harless and Thierry are from the Houston area.

The law allows the incremental revenue to be used not just for improvements to the George R. Brown Convention Center but also for the potential development of new hotels and venues within the convention district.

Heckman said Houston First and city officials have not yet decided how the new revenue will be used. However, he said his organization will begin creating a vision for the convention district later this year.

From there, Houston First will start planning for how to develop that vision in phases over the coming years.

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1550 On The Green


c/o hindesky on HAIF



Fairmont Museum District & X Houston

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X Houston

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Residences on Westheimer

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Houston Methodist Centennial Tower

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TMC Helix Park

c/o Highrise Tower on HAIF

One Discovery Way





Unknown Path



Two Discovery Way



Helix Park Section I





Helix Park Section II



Helix Park Section III



Helix Park Section IV









Mixed-Use Garage

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TMC Helix Park

UTHealth Houston School of Public Health breaks ground on $299 million, 10-story new home in the Texas Medical Center. (Image courtesy of Smith Group)

https://www.uth.edu/news/story/uthea...texans-healthy

UTHealth Houston School of Public Health breaks ground on a building that embodies the education, research and practice to keep Texans healthy

Written by: Deborah Mann Lake | Updated: June 27, 2023

The most prestigious school of public health in the state and fourth-largest in the country, UTHealth Houston School of Public Health will break ground on a 10-story, 350,000-square-foot tower in the Texas Medical Center that underscores the school’s mission of health promotion and disease prevention, sustainable access to affordable health care with improved outcomes, and training the next generation of leaders in public health sciences.

“This new, state-of-the-art facility will serve as a platform for our students, faculty and staff – allowing them to transform the lives and health of our communities through public health education and research,” said Giuseppe Colasurdo, MD, president and Alkek-Williams Distinguished Chair at UTHealth Houston.

The design of the new building, with an estimated cost of $299 million, embraces sustainability with plans for rainwater harvesting for irrigation, abundant natural light, access to greenspace, an upper-level terrace, holistic teaching garden, and building automation programming.

Located in the Texas Medical Center’s Helix Park, it will house state-of-the-art research laboratories and distance-learning technology, an auditorium, teaching kitchen for its dietetic interns, collaborative spaces, and classrooms in support of the school’s broad range of disciplines including epidemiology, genetics, nutrition, health policy, data science, and health promotion.

[JManc]

I wonder what they'll do with the old SPH building.

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The Langley

c/o hindesky on HAIF





Construction offices

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All photos c/o cityliving on HAIF

Ismaili Centre - Modera Waugh - Hanover Buffalo Bayou



Ismaili Centre

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1550 On The Green

c/o cityliving on HAIF

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Rice University

Good information c/o hindesky on HAIF who discusses the new residential colleges that will replace the Old Sid Richardson site.

Exciting news about the two new college buildings that will be going up. Talked with a worker from Anslow Bryant who is the GC company building them both and also the servery. It will be two 12 story concrete buildings with the servery in the middle of them.

Demolition of the old Sid Richardson has started. JTB Demolition got the demo contract.

https://www.jtbservices.com

https://www.anslowbryant.com

Anslow Bryant also built the new Sid Richardson building and the Ralph O'Connor Science building

Photos from the site c/o hindesky

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https://www.houstonchronicle.com/bus...o-18175939.php

Downtown landlord Brookfield to transition its Houston office buildings to zero-emissions electricity

Katherine Feser,
Staff writer
June 30, 2023

Brookfield Properties, one of Houston’s biggest landlords, is going all in on solar power for its entire Houston portfolio.

In addition, the Toronto-based global real estate developer and operator on Wednesday said it would transition all of its U.S. buildings, totaling 70 million-square-feet, to zero-emission electricity by 2026. The company, which also has major holdings in major cities such as New York, Washington, Los Angeles and Denver, will procure electricity from hydropower, solar, wind and nuclear sources.

In the Houston area, Brookfield said, its office holdings totaling 10.3 million square feet across 10 towers, including downtown’s recently renovated Allen Center, Houston Center and Heritage Plaza, will be powered entirely by electricity generated from a solar plant to be built at a Texas site yet to be determined.

A commitment from Brookfield, which uses about 90,000 MWh of electricity annually for its Houston properties, would help finance the construction of the new solar plant, according to the company.

“Essentially, Brookfield, as a customer, will commit to a substantial enough requirement for electricity to initiate construction,” according to Laura Montross, vice president, communications for Brookfield’s U.S. Office Division in New York.

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https://www.houstonchronicle.com/bus...photo-23812480

Some of west Houston's best office space is filling fast up as companies hope to lure back employees

Katherine Feser,
Staff writer
July 7, 2023

A pre-pandemic trend of companies migrating to the west side of Houston has kicked into high gear as companies increasingly seal deals for better offices closer to employees.

A major lease by Bechtel last summer to relocate to Westchase kicked off a wave of leasing activity in west Houston totaling 3.7 million square feet in the last 12 months, according to a new report by commercial real estate firm JLL. The deals included 2.3 million square feet in the last six months alone, with Fluor’s lease for 308,200 square foot at Three Eldridge Place for its relocation from Sugar Land, Kiewit’s expansion to 277,105 square feet in Energy Center I and Fugro’s relocation to 75,000 square feet at Republic Square in the Energy Corridor among the largest in 2023.

In the largest west Houston deal over the past year, Apache Corp. in November leased 332,500 square feet at One Briarlake Plaza in Westchase to relocate its headquarters from the Galleria area.

What’s driving it? The answer is two-pronged, according to Tyler Garrett, JLL's head of Agency Leasing in Houston.

A surplus of large blocks of available office space built when companies were in expansion mode before oil prices crashed in 2014 is aligning with a desire by companies to shorten commute times as employees return to the office, Garrett said. Many of Houston's neighborhoods are concentrated on the city's west side from Memorial to Fulshear and beyond.

“Houston is leading the country in return to office,” Garrett said. “A big part of that is culturally, the energy companies want people back in the office.”

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1550 On The Green

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Hanover Buffalo Bayou


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Modera Waugh

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Fairfield Waugh

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Residences on Westheimer

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London House

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The Langley

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Fairmont Museum District III

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X Houston

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[Dariusb]

^Awesome photos! Love that last shot, wow!

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Since the actual thread for the project itself was closed for some reason while the building was still under construction...

Pearl Rosemont

image c/o hindesky on HAIF



https://www.bizjournals.com/houston/...-rosemont.html

Morgan Group opens Pearl Rosemont apartment complex on former hospital site in Midtown

By Jeff Jeffrey – Senior reporter, Houston Business Journal
Jul 12, 2023

Houston-based developer Morgan Group has opened its latest apartment project in Midtown after two years of construction.

Pearl Rosemont, at 2727 Albany St., opened its first units to residents June 15, though some of the 13-story building’s remaining units will be delivered over the next four months, company spokesman Joe Melton said in an email.

Morgan, which is known for developing its Pearl line of multifamily projects, first acquired the property at 2727 Albany nearly 10 years ago. It was previously occupied by the Kindred Hospital Midtown; that building was razed to make way for the new development. Melton said some of the previous building’s materials were repurposed for use in the Whole Foods Market in the nearby Pearl Marketplace at 3120 Smith St., which marked the first multifamily development in Houston to have a Whole Foods incorporated into it.

The new apartment building offers nine floors of units, sitting atop four stories of parking.

Also the proposed 40+ story tower at 2801/2811 Kirby may be moving along now.

COH permit is now out for sitework and utilities c/o hindesky on HAIF



HAIF member CREguy13 adds...

Didn't get picture, but they were doing some work on the site yesterday when I was at Beck's Prime.

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2801/2811 Kirby Drive

https://www.bisnow.com/houston/news/...r-kirby-119850

Southern Land Co. To Develop 2-Acre Mixed-Use Project In Upper Kirby

July 18, 2023
Maddy McCarty, Bisnow Houston

Southern Land Co. plans to develop a nearly 2-acre parcel in Upper Kirby into a mixed-use project consisting of a 36-story residential tower and a Class-AA office building.

The project will be at 2811 Kirby Drive, on the northeast corner of Kirby Drive and Kipling Street. The land is home to a former Wells Fargo location where Clay Development & Construction had planned to develop a 100K SF medical office building. Clay Development confirmed by phone that the project is no longer underway.

Upper Kirby is a network of historic neighborhoods just east of Greenway Plaza and River Oaks and west of Montrose that is growing in density. The area’s appeal is “undeniable” for Southern Land Co.’s first Houston development, Tim Downey, Southern Land Co. founder and CEO, said in a news release.

“We could not have found a better place to introduce an SLC community in Houston,” Downey said. “With all SLC communities, we focus on creating extraordinary places in coveted locations where walkability and conveniences are at the forefront, and this site certainly fits the bill.”

The 36-story residential tower will house 318 luxury apartment homes, including 18 penthouses, according to the release. Amenities will include an outdoor pool deck on the 36th floor and a garden deck on the seventh floor.

The garden deck will span the residential tower and the office building, according to the company. The seventh floor of the tower will include a residential spa and guest suites as well as a fitness center for both residents and office tenants.

The office building will total about 75K SF over a garage podium and about 22K SF of rooftop and ground-level restaurant and retail space.

Southern Land Co. is working with the city to finalize plans for the site and plans to break ground in spring 2024, according to the news release.

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The RO

There has been some intermittent site work taking place throughout the past few months.

Today, this came from Paco Jones on HAIF

Hello everyone. This project, the Parcel 1 phase, will break ground before the end of the year (likely within the next couple months). [Transwestern] is currently finalizing contracts with a general contractor.

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S. Post Oak Lane at N. Wynden Dr.

The newest of multiple projects proposed for this location - this one from McNair. The proposal is listed on Munoz + Albin's website

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Hanover Buffalo Bayou

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The Langley

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https://www.bizjournals.com/houston/...Pos=8#cxrecs_s

Texas Children’s Hospital kicks off $245M expansion of women’s health services

By Jishnu Nair – Reporter, Houston Business Journal
Aug 7, 2023

Texas Children’s Hospital continued the rollout of its multimillion-dollar investment into women’s health services with the conversion of the former Baylor College of Medicine clinic into a new tower.

The Texas Children’s Hospital Pavilion for Women will expand its OB-GYN services to the building at 6620 Main Street, which will be renamed Main Tower and will connect to the existing Pavilion building across the street through a skybridge. The expansion will bring about 190,000 additional square feet of space for TCH.

TCH CEO Mark Wallace said at an Aug. 4 ribbon-cutting event that the Pavilion for Women can be expanded vertically by 10 stories. Additionally, the TCH Fetal Center, which diagnoses and treats abnormalities in pregnancies in the Women’s Pavilion, will be expanded with an additional floor for more testing space, according to Dr. Aimee Jackson, a director at the center.

The tower project, which Wallace said cost $245 million, brings the health care system’s total investment in women’s health care to nearly $1 billion over the past 12 years. He said the Pavilion was created to address inequities in health care, including for women who might not be able to access Medicaid.

“I’ve said for years that one of the biggest problems in the world is gender inequality across the board, and that certainly applies in medicine and in health care,” Wallace told the Houston Business Journal. “One of the reasons why access is as challenging as it is in the Greater Houston area [is that] we have such a large, uninsured population. And so that's something that Texas Children's Hospital has embraced, since our inception.”

The expansions are targeted to ramp the amount of baby deliveries at TCH up from 7,000 per year to 10,000 per year, Wallace said. Rearranging services to the new Main Tower is predicted to increase the hospital’s inpatient capacity by 30%.

Expansions within the Main Tower include additional physical therapy services including a new gym for patients in need of recovery. TCH officials said the gym was prioritized due to previous TCH patients being restricted to treatment rooms.

The Main Tower’s OB-GYN clinic was operating for six weeks before Aug. 4, and director Dr. Robert Turner said the clinic could take about 4,200 patients per month. Turner said the clinic was designed to calm patients who are potentially going through stressful procedures with the use of creative art in waiting spaces. Main Tower will also retain some of Baylor's adult services clinics that were previously based in the building.

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JW Marriott Downtown / Battlestein's Rehab

The former Battlestein's department store, adjacent to the JW Marriott at Main & Rusk is seeing ongoing work to rehabilitate the structure and add it to the existing building for additional rooms & a pool. This building was added to the plat for the hotel several months ago - now showing it as a structure with a single owner.

Per TDLR, this is being classified as an "addition" to the existing hotel.

c/o hindesky on HAIF