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CREguy13 last won the day on July 1 2017

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  1. TMC|3, Texas Medical Center Research Campus

    There was not a date mentioned. There was a motion on the floor and it was passed unanimously. In the middle of the motion, one of the regents made a comment for the record of their deepest appreciation to Marc Watts for working with the regents and helping this project come to fruition. Marc is currently the chair of the Greater Houston Partnership, so clearly a lot of people were active in making this happen.
  2. TMC|3, Texas Medical Center Research Campus

    Unless I missed something (tuned in at the very end of webcast) all of the items that were needing to be further addressed from the November 2017 meeting were approved, all of the regents were in favor, and the project is moving forward. Can someone else confirm if I missed anything? Otherwise, we'll likely see an article soon. Outstanding news.
  3. Planned development at 3621 W Alabama

    Not sure whether something has been proposed, but this 3 acre site was sold to the same group that bought 3621 W Alabama. There sure is a lot of interest on W Alabama between Kirby and Weslayan. Excited to see some of the projects along this stretch come to fruition in the coming years.
  4. The below two quotes + article from today say otherwise: "Less than a year after opening, Market Square Tower, Houston's tallest residential high-rise, is now over 90% leased." "Despite many in Houston tightening their budgets, especially in the wake of Hurricane Harvey, interest in the property, where rent starts at $2,200/month, has been robust."
  5. The Boulevard Project

    I respect your opinion and energy against this project, but Apache renewing their lease and deciding to not commit to a 300m+ project, does not prove your point. The wider sidewalks and trees will encourage developers to incorporate GFR or more of a 'Street Presence' in their projects that front Post Oak Boulevard. I've certainly utilized it a lot more to walk to BLVD Place or Uptown Park for lunch, now that these sections of sidewalks are opening up. As a current office employee and former resident of the area, it definitely has my approval.
  6. The Boulevard Project

    The new sidewalks and trees being installed are really looking great and some of the more completed sections are getting more use. I walked to Uptown Park for lunch the other day and sidewalks are so much wider and makes me want to walk more if heading down Post Oak. Summer will be a different story, but I'm interested to see how this works when the trees provide a lot more shade.
  7. U-Haul Moving & Storage Expansion at 1617 San Jacinto

    To add on to this, unfortunately I have heard this may be U-Haul just tearing down their existing building to build a new facility. As @swtsig mentioned, I would not get too excited on this.
  8. Midtown Sears

    My thought would be they are going to tear down the existing buildings, but keep the Midtown Sears building. I think MS will be the center of this development and they will bring it back to its original structure, bring it up to building code for an office building. I think it will serve as a large start up incubator, be the new home for Houston Exponential and others - it is approximately 200k SF. They will likely want to start this process as quickly as possible and are in current discussions with Station Houston to try to get them to relocate to this building. Have this first phase be the catalyst and then Rice Endowment, along with city/private officials, can carefully formulate a plan for the next phases of development. Again, this is just my opinion butI imagine there will be more updates in the coming months.
  9. Agreed, it would be a great addition. I'm still not convinced that another W Hotel won't be built in Galleria, River Oaks District, or Upper Kirby at some point.
  10. Hanover River Oaks - 39 Stories

    Drove by here over lunch and Crane is going up today.
  11. 40-story High-Rise for Block 98, Behind Hess Tower

    Honestly, I think this will turn out as advertised and be a very well done project. The location is too good being adjacent to Discovery Green and within walking distance to ADLA, Minute Maid and Toyota Center. Another great thing that was not always the case, is downtown now has several high-end multi-family options that all have great amenities, service, and quality apartment finishes. This project will have to be up to or exceed that standard of quality. If not, then future downtown residents will live at the Star, Catalyst, OPP, MST, Aris, or any other future high-rise apartment buildings. If they produce an average or below average product and are a long-term holder it will negatively affect their rental income and cashflow and if they are a seller, it will be reflected in the Sales Price. This should be a good one, no doubt.
  12. River Oaks Shopping Center

    so the entire building is coming up for lease..?
  13. New five-story, 375-unit mid-rise apartment near southwest corner of Summer and Studemont set to start construction next week and expected delivery in 2019. Alliance closed on the land in November 2017 - honestly had no idea this was even proposed, but a great addition to this area.
  14. Camden Conte: 21-Stories x2 (2 Phases) - Downtown

    As a follow up, from today's HBJ: A few highlights: Brookfield's vision for Houston Center, the 4.2 million-square-foot office and retail complex it acquired in late 2017, is a revitalized mixed-use development with street-level retail, outdoor event spaces and white tablecloth restaurants. Hernandez said that until renovation plans are finalized, the team's been executing short-term renewals for the property's retail tenants. He said most of the property's retail tenants are small; the largest retail tenant is Kelsey-Seybold, which occupies 23,000 square feet. "You have people who are extremely loyal, and who have been here a long time," Wilson said. "There were several renewals done prior to the sale with people who, even without the renovation … understand something really good is coming."