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c4smok

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  1. I found this project after looking through Emporis located at http://www.emporis.com/en/wm/bu/?id=faulkn...-houston-tx-usa Found it in a bizjournal article also.. http://houston.bizjournals.com/houston/sto.../08/story2.html In addition, a limited liability company connected to Austin-based FaulknerUSA Inc. has taken title from Joseph DeBakey to a three-acre tract next to the 31-story Dominion apartment tower, near the Galleria Mall. The 2525 McCue site is home to the 43-year-old Marquee Apartments, which are currently being torn down. No renderings anywhere.. This might be listed under a differnt name, but if it is atleast somebody can update Emporis. If this is posted somewhere else plz move thanks =) Thanks, c4smok
  2. Updated Project map =)
  3. floor count is over 60 =X
  4. Oct. 19, 2004, 3:55PM City begins acquiring land for new urban park By MIKE SNYDER Copyright 2004 Houston Chronicle The city has begun acquiring property for a 13-acre urban park that is likely to trigger substantial new development on the east side of downtown, Mayor Bill White said today. White said the city signed a contract today with Crescent Real Estate Equities Inc. to purchase 5.29 acres just west of the George R. Brown Convention Center. The city will acquire the remaining, adjacent property by the end of the year, design the park next year and start construction in 2006, White said. ADVERTISEMENT The park should be open by 2007, he said. "You will see an explosion of growth around the periphery of this park," White told the annual meeting of Central Houston Inc., adding that the new development would strengthen the city's tax base and enhance the continuing revitalization of downtown. White said private contributions would pay for at least 80 percent of the park's estimated $80 million cost. The city's contributions would come from hotel and entertainment tax revenues rather than property taxes, White said. The new park, which would be the largest downtown and one of the largest in the central part of Houston, would attract convention visitors as well as local families, White said. The park would complement the vision for downtown development over the next 20 years unveiled this week by Central Houston and other downtown organizations. The "framework for downtown development" calls for increasing downtown's residential population from 3,000 to 20,000, and downtown leaders said parks were an important amenity to attract families to live downtown. White said all great cities have preserved land in their centers for major parks. He said this may have been Houston's last opportunity to acquire park property downtown before rising real estate values made it impossible. "This will be a unique urban green space that will last for centuries in this community," White said. SOurce: http://www.chron.com
  5. you found something there =) here are some of therre projects in Houston Phase I that the article talks about Phase II is even better =) Phase III from thier website.
  6. Memorial Hermann granted tax breaks for Med Center building Mary Ann Azevedo From Houston Business Journal After receiving requested tax breaks from the city and county, Memorial Hermann Healthcare System is set to break ground in the next two weeks on a $155 million plaza that officials say will be the largest medical office building in the Texas Medical Center. The project is the first of its kind in the Med Center in 13 years. "This has been on a wish list for years," says Memorial Hermann spokesperson Jamie O'Roark. "We know Houston needs it, and Memorial Hermann wanted to do it. It was just a matter of putting all the pieces together." Indeed, the system first announced the project in 2002 and had been seeking tax abatements from Harris County and the city of Houston. O'Roark confirmed that the city granted Memorial Hermann a 77 percent property tax abatement for 10 years. Memorial Hermann had requested a 90 percent abatement from the city. Meanwhile, the county granted a 56 percent abatement. Memorial Hermann is currently working to clear out the land on 6400 Fannin, where a surface tax-exempt parking lot currently sits. "We'll spend the next two weeks getting the vehicles off the site," O'Roark says. "We wanted to give those who parked there time to find other places to put their cars." The facility will include more than 500,000 rentable square feet and a 2,400-vehicle parking garage. The office space will house up to 200 physicians at the corner of Fannin and MacGregor Streets. It will offer an onsite, 100,000-square-foot ambulatory care center with eight surgical suites, four endoscopy suites and a full-modality imaging center. Retail shops, services and restaurants will take up another two floors on the lobby/concourse levels and will connect, via the gateway skybridge, to the Memorial Hermann Hospital and Memorial Hermann Children's Hospital. Memorial Hermann officials estimate that the project will create 375 construction jobs for the duration of the two-year construction period and 191 permanent jobs upon opening. The facility will be developed in partnership with health care developer Mischer Healthcare services. The Houston office of Holliday Fenoglio Fowler arranged a $117.5 million construction and permanent loan provided by Teachers Insurance and Annuity Association and GMAC Commercial Mortgage Bank. JP Morgan Chase provided supporting letters of credit.
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