^ "Irrational exuberance"
From the WaPo article: "Roughly 87 percent of new office space is expected to open vacant, according to data from the commercial real estate firm Cushman & Wakefield." 😬
The Leader published an article this evening on the shift to paid parking at Heights Marketplace. The shopping center is located at 428-516 W 19th St.
County records indicate the property is owned by Asana Partners. The Leader's article reports JLL a the owner. However, someone affiliated with JLL referred to themselves as the property manager to The Leader. The article doesn't make clear which company owns the shopping center.
Regarding the addition of paid parking, The Leader reports this:
Following a barrage of complaints and meetings with parking program officials, the assessment was temporarily stalled and the signs sleeved. After further discussion, the program conceded a 2-hour grace period, which has still not alleviated the angst it has caused.
The article interviews several tenants and businesses utilizing the UPS store. All are dismayed not only by the parking meters, but rent increases over the last few years.
More included in the article:
https://www.theleadernews.com/community/heights-marketplace-turmoil-paid-parking-sparks-backlash-gentrification-fears/article_f9a14c94-fb79-11ee-8a15-23f4690dcbf7.html
Houston Chronicle reports Molihua will opens its doors to the public April 23. The fine dining Japanese restaurant is located Blossom Houston at 7118 Bertner Ave.
More on the hotel's newest addition:
Handsome leather banquettes, salmon-pink chairs, dark wood and candles are all part of the clean, minimalist design. The dining room seats about 80 people with 10 seats at the sushi bar and about 18 for the bar.
https://www.houstonchronicle.com/food-culture/restaurants-bars/article/molihua-japanese-restaurant-opening-19368376.php
A rendering of Plume included in the CultureMap article linked in the above post.
Plume is a cocktail lounge from Golden Ratio Hospitality. It's scheduled to open this summer at 1100 W 23rd St, Suite 150.