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  1. Nothing to report here but was walking by the building today and thought it would make an excellent loft conversion (image below). 500 Crawford (apartments at ballpark development) is two blocks to the east and the downtown development map shows a 28-story residential building by Marquette Land going up one block to the east. If this building converted to lofts, it would make for three consecutive blocks of residential. The ground floor of the building looks like its perfect for retail. However, there are major structural issues with the property and it was almost demolished in 2009: "It could cost $4.7 million to resolve the warehouse's structural issues, according to an August 2008 engineering report. "The problem with the [Hogan-Allnoch] building is that the brick is load-bearing brick," Ellwood says. "Unfortunately, with the settling of the earth, the building basically has been compromised. There are pretty substantial cracks going all the way from the bottom to the top." http://www.preservationnation.org/magazine/2009/todays-news/houston-spares-two-buildings.html The building is four stories and 50,000 square feet. Assuming that just the top three stories are converted to residential, the structural costs would be $125 / square foot before updating and interior improvements. My estimate of the all-in 1111 Rusk conversion is ~$230 / square foot. I'm not familiar with the costs of residential conversions but am wondering if this is a viable project if Harris County gave away the building for free and Houston provided Chapter 380 incentives. http://www.arch-ive.org/houston/texas1311/hoganallnoch.jpg
  2. I know there's been some discussion in the past of the site that the Scamrock was planned for, and that Hines had been involved with the site as of late. After stumbling across this page & the rendering included, I was wondering if anyone had additional info on it. http://i177.photobucket.com/albums/w208/houtosme/HinesNorthTower.jpg Webcam: http://oxblue.com/open/hines/609main Latest Renderings and Info as of 10/2013 : http://hines.com/press/releases/10-24-13.aspx http://cdn.archinect.net/images/1200x/w9/w960vwofy7my72oy.jpg http://cdn.archinect.net/images/1200x/at/att9aiqc5uz5sf5o.jpg http://cdn.archinect.net/images/1200x/lt/ltivpvzn6h9rnbwy.jpg http://cdn.archinect.net/images/1200x/cv/cvwqzwxm50bfvh4s.jpg http://cdn.archinect.net/images/1200x/n6/n6xuq3hkree2obz6.jpg http://cdn.archinect.net/images/1200x/b8/b8p8laaumu4b9awg.jpg http://cdn.archinect.net/images/1200x/v9/v91wethv1vtxoh48.jpg http://cdn.archinect.net/images/1200x/qy/qy68m8vbgxgcfcqe.jpg
  3. Colorado Group Plans $80M Mixed-Use, Infill Project By Jennifer D. Duell Last updated: July 19, 2005 08:23am HOUSTON-Within three years, a mixed-use project is expected to rise on Block 98, a piece of vacant land adjacent to the new city park and the George R. Brown Convention Center. Two companies from Colorado Springs, LandCo Properties LLC and Equity Edge LLC, have formed a partnership to transform the 1.5-acre tract into two residential high-rises with ground-floor retail space. Block 98 is bordered by Rusk, Crawford, Walker and LaBranch streets near Toyota Center. Each tower will contain 150 units that will be priced "for the young, single professional," says Michael Raider, LandCo's COO. He tells GlobeSt.com that construction will begin in about three years. "That's when the market will be ready," he says, explaining one tower will have rental housing and the other will be condos. "I am not sure that we'll break ground on both towers at the same time." Raider, a Houston native, was eyeing Block 98 about a year before he closed the deal with Crescent Real Estate Equities Co. for $6.5 million. "We see Houston as Denver about seven years ago with the new light rail, entertainment and park creation. Denver is just a huge residential market right now," he says, "and we think Houston is following right behind it." Raider's not yet selected the project architect, but says he's hoping to use a local firm. The partnership, Block 98 Partners Ltd., obtained a $4.9-million loan from Southern National Bank of Texas to acquire the land. Tucker Knight, a director with Holliday Fenoglio Fowler LP's local office, arranged a three-year bridge loan with an adjustable interest rate. The Block 98 development will be the second project that LandCo has tackled in Houston's CBD. The company recently acquired the former Days Inn Hotel at 801 St. Joseph Parkway for redevelopment into 251 luxury apartments and retail space. Construction is scheduled to begin in early 2006, with units delivering in early 2007.
  4. According to the Chronicle, several tenants are already clearing out of the building even though Skanska has not confirmed anything. Latest renderings & info: http://blog.chron.com/primeproperty/2015/06/developer-to-pour-foundation-for-downtown-office-tower/#23198101=0 http://capitoltowerhouston.com/img/renderings/lobby-capitol.jpg
  5. Which building has the bell tower downtown? Is it the Esperson Building? Is it a real bell, or speakers? I love hearing this. You can really hear it well in the parking garages along Fannin. It's the best when the clock strikes 12.
  6. More on the JPMorgan Chase Center here: http://www.houstonarchitecture.com/Building/2757/JPMorgan_Chase_Center.php http://www.houstonarchitecture.com/HAI/Images/Buildings/1/ChaseCenter-Jan08-002a.jpg TEXAS TOWER LIMITED ACQUIRES JPMORGAN CHASE CENTER IN DOWNTOWN HOUSTON Hines Chosen to Manage and Lease Property (HOUSTON) – Texas Tower Limited, owner of the 75-story JPMorgan Chase Tower, announced today the acquisition of the adjacent JPMorgan Chase Center in downtown Houston from JPMorgan Chase. The 20-story building is located at 601 Travis on the block bounded by Capitol, Travis, Texas and Main streets. The purchase price was not disclosed. Hines and Clifford Chance US LLP of New York represented Texas Tower Limited in the transaction, while Mark Russell at Studley represented JPMorgan Chase. It was also announced that Hines has been hired to manage and lease the 1.1 million-square-foot property, which includes approximately 450,000 square feet of office and retail space. Paula Bruns and Liz Shaw of Hines will handle leasing. The Center, which was completed in 1982, was designed by I.M. Pei & Partners and developed by Hines. Over the years, JPMorgan Chase has used the location as a data processing and operations center. The bank is consolidating to 712 Main and 1111 Fannin, retaining just 26,000 square feet at the Center. Upon Chase’s departure, 250,000 square feet will be available for lease. In addition to JPMorgan Chase, The Bank of New York Mellon leases office space in the Center. Connected to the extensive downtown Houston tunnel system, JPMorgan Chase Center contains 12 levels of parking, six levels of office space, and on the ground level, an auditorium and retail space. An exercise facility is planned for the top floor of the building. The parking garage, which is leased by JPMorgan Chase Tower, is utilized by the tower’s tenants and by people visiting downtown Houston for various daytime, evening and weekend events. In Houston, Hines manages 26 properties totaling approximately 13 million square feet.
  7. They just put up a sign on the front of the St. Germain saying that there will be a special auction on March 12th...and some info about financing contacts...interesting. I saw them put up the sign an hour ago...
  8. Work seems to be coming along on this. They cleaned the front facade, and it makes a big difference. They are also replacing the canopy over the front entrance with a new one that replicates the original.
  9. http://www.chron.com/cs/CDA/ssistory.mpl/m...politan/2915259 Nov. 23, 2004, 1:23AM Uprooted tree severs MetroRail power line By MIKE GLENN Copyright 2004 Houston Chronicle Heavy rainstorms uprooted a tree at Hermann Park tonight, severing a MetroRail power line when the tree fell across the southbound tracks.
  10. Subdivision plat filed by Urban Genesis for a multifamily project at the corner of Wood & Walnut Streets. SubdivisionPlatPDF_CS 19074-PLAT_v1.pdf Currently, a warehouse sits on site.
  11. The old Amegy parking lot across the street is now closed. The surface lot west of it is still being used by people working at MTA building. I wonder what the plans are for this?
  12. Construction gutting the place right now. Kobeque***
  13. Maybe I was trippin. Either pennzoil place has a light show on their building at night now, or it was just lights from party on the plaza. I saw it coming in from 45 n last night. It looked cool, and then right by the bagby exit u see the big blue lights comin from under the freeway for the bayouwalk.
  14. It's officially for sale: See full article: http://houston.bizjournals.com/houston/sto...tml?jst=b_ln_hl http://photohome.com/pictures/texas-pictures/houston/bank-of-america-1a.jpg
  15. 123,306 SF 9 Levels 221 Rooms Anticipated start date of December 2020 Corner of Leeland St. and Crawford St. 1540 Leeland St. Houston, TX 77002
  16. Hearst Selects HFF to Market Houston Chronicle Downtown Property http://realtynewsreport.com/2014/11/21/hearst-selects-hff-to-market-houston-chronicle-downtown-property/ Thanks to desertpunk at SSC.
  17. http://www.bizjournals.com/houston/news/2015/03/30/city-seeks-developer-for-mixed-use-project-at.html
  18. While I was talking with the Arcosa/Cherry Demolition guys at the Fairfield Waugh they mentioned they have a job coming up in downtown at Texas Ave. & Congress St. I'm thinking to myself that those two streets don't intersect and are parallel streets but didn't say anything. Today I saw which building they were talking about. The Gulfstream Legal Group building at 1300 Texas Ave. It is fenced off. Assuming they will go here when finished at the Fairfield Waugh building. Curious what might be built here? I'm guessing it could temporarily be for the lay down yard/construction trailers for the contractor who will be building the new hotel across the street. https://gulfstreamlegal.com
  19. I doubt they were high-end apartments, especially in late 1980s-era downtown (probably only used for exterior shots, while the interior set was somewhere else). The high-end apartment towers (not built downtown) kept their value, but the hotels that permanently closed in this era weren't able to be converted to high-end housing and either became retirement homes or were torn down entirely.
  20. First installment of an extensive library of pics all around Downtown Houston. Pictures originally taken by 254 of SSC. (Mexican Consulate)
  21. In the 40th Annual State of Downtown Address Kris Larson spent most of his time reflecting on the accomplishments of Bob Eury. He does mention the monthly downtown Farmer's Market as a key accomplishment over the last year, and he seems to be focused on streamlining all the various downtown organizations. He introduced new branding: Downtown Houston+ which I assume encompasses all the various organizations that support downtown initiatives. Not sure if the video was truncated. I don't recall hearing anything about the Astros proposed entertainment complex.
  22. I heard from a realtor friend that Randall has secured a site near Discovery Green for a 20+- story condo tower. Supposedly it is "sexy". We shall see. Anyone heard anything?
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