HOUSTON | The RO Phase I | FT | 28 FLOORS

[Urbannizer]

[Urbannizer]

https://www.loopnet.com/Listing/3120...n-TX/17591132/

[Urbannizer]

Site prep underway.




Highrise Tower

[Twitter1]

[Wattleigh]

Soil testing underway again. c/o hindesky on HAIF



Additional Photos from Highrise Tower on HAIF









Regarding those trees - an observation from astrohip on HAIF

I walked over today, to get a closer look (and came back drenched--it's hot!). It looks like they're trying to save the trees. I don't know if they're going to move them, or build barriers around them, but it's definitely not your typical "doze 'em to the ground" process. Lots of them have those dirt walls around them.

[colemonkee]

^ That's great. Love it when developers plan around mature trees vs. knocking them down and planting younger ones. Will make the development that much more lush the day it opens.

[Wattleigh]

At the end of September, permits showed up in the City of Houston database for two addresses at this site. One for wastewater/utilities and the other for a residential project.

[Twitter1]

The master plan has been revised from Pickard Chilton

https://www.pickardchilton.com/work/ro

[Wattleigh]

More on the planned residential tower c/o Paco Jones on HAIF

Address:
3120 Buffalo Speedway

Architect:
The Preston Partnership

Information:
Residential tower consisting of 28 levels above grade with one level of below grade basement. Parking is at basement and levels 1-5 and residential is levels 6-28. 317 units with a total of 378,387 SF of residential space. Ground floor retail space of 15,209 SF.

[Wattleigh]

More on additional structures c/o Paco Jones on HAIF

Project:
RO Parcel 3

Architect:
House & Robertson (Exectutive)
Michael Hsu (Design)

Information:
Two 3-story mixed-use buildings with a pedestrian bridge connecting them at level 2 outdoor terraces. Combined, the buildings total 129,622 SF. Levels 1 and 2 will consist of restaurant and retail space while level 3 will be office space.

[Wattleigh]

https://www.tdlr.texas.gov/TABS/Sear...TABS2023015864

Project Name: The RO Parcel 1

Location Address: 3120 Buffalo Speedway

Start Date: 11/1/2023

Estimated Cost: $102,000,000

Scope of Work: Type 1A construction of a high rise rental apartment with 320 units over a 5 story parking deck with ground floor lobby, leasing and retail.

Square Footage: 800,000 ft 2

Design Firm Name: The Preston Partnership

COH Plan Review Fee c/o hindesky on HAIF

[Wattleigh]

There has been some intermittent site work taking place throughout.

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.

[Wattleigh]

New promotional banners going up around the site, including some of the most recent renderings.

c/o hindesky on HAIF

[Wattleigh]

New banners with updated renderings now visible along the perimeter

c/o hindesky on HAIF







c/o Highrise Tower on HAIF

[Wattleigh]

Originally Posted by Wattleigh

New banners with updated renderings now visible along the perimeter

c/o hindesky on HAIF







c/o Highrise Tower on HAIF

More on the tower in images 2, 4-5 - it appears to be the hotel component of this development.



https://www.texasmonthly.com/travel/...ston-birdsall/

Why Texas Is the New Center of Gravity for Luxury Hotels

Exclusive: Auberge Resorts plans a posh new hotel in Houston, one of five properties it will operate around the state.

Tom Foster
By Tom Foster
September 11, 2023

When the Commodore Perry Estate opened three years ago in a 1928 Italianate mansion in Central Austin, it instantly established a new standard of hospitality in the city and became a fixture on roundups of favorite hotels, including Condé Nast Traveler’s Gold List and Travel + Leisure’s World’s Best Awards. It was also a beachhead of sorts for the luxury boutique resort operator behind the hotel, Auberge Resorts Collection.

The Commodore Perry was not only the first Texas hotel run by Auberge—best known at the time for such intimate getaways as Napa Valley’s Auberge du Soleil and Aspen’s Hotel Jerome—it was the company’s first urban hotel anywhere. Fast-forward three years, and Auberge has announced projects it will operate in a few other cities around the world, including Miami, San Francisco, and Florence, Italy—and, notably, several more in Texas. Now totaling 27, the company’s resorts today span the globe from Punta de Mita, Mexico (about 25 miles northwest of Puerto Vallarta, on the Pacific coast), to Santorini, Greece.

The latest addition to the portfolio, Auberge executives have revealed to Texas Monthly, will be in Houston, just outside the tony River Oaks neighborhood. That property, the Birdsall, is scheduled to open in late 2026. It will include a 105-room hotel and 44 private residences. As at the Commodore Perry, the amenities will be accessible to locals who buy a membership to the resort’s private club.

[Wattleigh]

Sounds like there continues to be positive movement on the construction front for the towers. Per Paco Jones on HAIF

Parcel 1, 3, and 4 have been awarded to Hoar Construction. Not sure if Parcel 2 has been awarded but Tellepsen is working on budgeting it.

[Wattleigh]

Potentially big news about a corporate office component landing here, c/o Ralph Bivins' Realty News Report email - will likely be online soon.

Occidental Petroleum Corp. is planning to relocate employees into a new office campus that will be constructed on the R.O. development near the northwest corner of Richmond Avenue and Buffalo Speedway, according to people in the real estate community. A few years ago, OXY signed a lease for 972,145 SF in the Five and Three Greenway Plaza buildings until 2031. OXY is expected to move into the new R.O. building in 2027 or 2028.

[Wattleigh]

COH Permit for office foundations out now c/o hindesky on HAIF



Vitol may move from nearby Kirby Grove at Levy Park to this space, once again, per Ralph Bivins' Realty News Report Newsletter.

Another new office building may be in the Houston construction pipeline. Energy trader Vitol Inc. is expected to occupy four stories of office space/trading floors stacked atop a multiple-level parking garage. The project would be constructed in the R.O. development on Buffalo Speedway, near Richmond Avenue. Vitol is currently in Kirby Grove, a project developed by Midway on Richmond Ave. Transwestern Development’s Sean Suffel has a long to-do list at the R.O., a redevelopment of the Exxon Research property between Richmond and West Alabama. A new building for OXY and an Auberge hotel/condo also are expected to rise at the R.O. ….

[Wattleigh]

c/o hindesky on HAIF who writes...

I spotted 12 brick mock up stands and core drilling barrels.