[lockmat]

gene posted this in the BLVD Place thread in January...

Quote

ps...they have not renewed leases in the old compass bank building at the corner of westheimer and post oak (2200 post oak blvd) and it seems most of the tenants will be asked to leave by summer or end of year...
bye bye ugly building...you will be missed!

http://www.houstonar...i...st&p=225944

Now we have this...

Quote

Redstone Cos. is preparing to raze the Compass Bank building on Post Oak and replace it with a new development -- a move that real estate watchers have been speculating about for years.

http://houston.bizjo...html?ana=e_ph#1

Hopefully it's not premature to post this in the Going Up! section.

[swtsig]

lockmat, on Friday, June 6th, 2008 @ 8:15am, said:

gene posted this in the BLVD Place thread in January...


http://www.houstonar...i...st&p=225944

Now we have this...


http://houston.bizjo...html?ana=e_ph#1

Hopefully it's not premature to post this in the Going Up! section.

yes, tenants are being asked to leave in december... rumor has it that redsotne is planning another residential high rise. no clue about any retail component.

[ricco67]

swtsig, on Friday, June 6th, 2008 @ 9:02am, said:

yes, tenants are being asked to leave in december... rumor has it that redsotne is planning another residential high rise. no clue about any retail component.

Considering the area, it would HAVE to have some sort of street level component like a bar or some small chain retail or something for tenants or visitors from the nearby Hotels.

[ChannelTwoNews]

The article in full basically goes on to discuss the history of the land, other developers' ideas and other similar points. The quote that jumps out at me in terms of a possible announcement or other more detailed info is that of Redstone's CEO stating that they are indeed doing a project there, but he didn't want to disclose anything further for another 3 to 4 weeks.

[ricco67]

ChannelTwoNews, on Friday, June 6th, 2008 @ 2:43pm, said:

The article in full basically goes on to discuss the history of the land, other developers' ideas and other similar points. The quote that jumps out at me in terms of a possible announcement or other more detailed info is that of Redstone's CEO stating that they are indeed doing a project there, but he didn't want to disclose anything further for another 3 to 4 weeks.

This would be interesting. I wonder how much longer that strip mall has until it is eventually knocked down.

[swtsig]

ricco67, on Friday, June 6th, 2008 @ 2:55pm, said:

This would be interesting. I wonder how much longer that strip mall has until it is eventually knocked down.

which one? the barnes and noble one?

[gene]

Hi yes, my company moved out 2 months ago, a little ahead of schedule since we found a great new location...and from what i have been told, the bank ONLY will move across the street (with no drive through of course) to the plaza for 3 years until the new bank building will be built NEXT DOOR in the empty lot... with the current bank lot being built on as discussed above.

[swtsig]

condo, retail, "very, very high-end 5-star hotel"

[lockmat]

swtsig, on Tuesday, June 17th, 2008 @ 6:37pm, said:

condo, retail, "very, very high-end 5-star hotel"

So that's the word on the street, huh? What else ya got?

[King Owl]

I hope the hotel is a Peninsula. I stayed in the one in Chicago and it's simply awesome. Either that or a Mandarin Oriental. I stayed at theirs in Miami and thought it was incredibly nice, also. I wouldn't call the Ritz a "very, very high end" 5 star hotel. Simply a 5 star hotel. 4 Seasons is in the Ritz category

Maybe a Burj-Al-Arab - Houston? Now that would be cool

[swtsig]

King Owl, on Tuesday, June 17th, 2008 @ 10:44pm, said:

I hope the hotel is a Peninsula. I stayed in the one in Chicago and it's simply awesome. Either that or a Mandarin Oriental. I stayed at theirs in Miami and thought it was incredibly nice, also. I wouldn't call the Ritz a "very, very high end" 5 star hotel. Simply a 5 star hotel. 4 Seasons is in the Ritz category

Maybe a Burj-Al-Arab - Houston? Now that would be cool

"as high-end as you can get" is what was said, i believe... or something along those lines. i immediately thought peninsula or mandarin.

[ingleberg]

Demolition started this week at 2200 Post Oak. The building is surrounded by a fence, and they are in the process of tearing down the parking garage.

[lockmat]

Was any information as to what it'll be made public or is it still a mystery?

Couldn't find anything from Peninsula and Manderin has nothing

This post has been edited by lockmat: Monday, January 5, 2009 at 9:49 PM

[gene]

yahooooo glad to see it finally go haha!

any word on how or what day they will take down the building itself? i am thinking of camping out across the street to watch and celebrate!

[LTAWACS]

Let's hope it will be completed.

[JWW]

gene, on Wednesday, January 7th, 2009 @ 3:31pm, said:

yahooooo glad to see it finally go haha!

any word on how or what day they will take down the building itself? i am thinking of camping out across the street to watch and celebrate!

Anyone else have a date for building demolition?

[KristinKamas]

It's going on right now ... I can watch it from my office window.

[Pumapayam]

KristinKamas, on Wednesday, January 21st, 2009 @ 9:22am, said:

It's going on right now ... I can watch it from my office window.

Crap, had I known, would have taken a same location before and after photo. I drive by that building on the way to the gym.

[JWW]

Pumapayam, on Wednesday, January 21st, 2009 @ 10:27am, said:

Crap, had I known, would have taken a same location before and after photo. I drive by that building on the way to the gym.

Are they doing more than just parking demo right now?

[Montrose1100]

"Another" Redstone high rise? Har har har. Their first one was scrapped after the rendering.

[Pumapayam]

JWW, on Wednesday, January 21st, 2009 @ 11:10am, said:

Are they doing more than just parking demo right now?

Yeah, drove by it last night, fence is up, and the building is still standing. Just the drive-thru and parking was demo'd.

[swtsig]

Montrose1100, on Thursday, January 22nd, 2009 @ 10:01am, said:

"Another" Redstone high rise? Har har har. Their first one was scrapped after the rendering.

the office component is a go
residential component is looking for a second financing partner

[JWW]

swtsig, on Thursday, January 22nd, 2009 @ 1:03pm, said:

the office component is a go
residential component is looking for a second financing partner

Redstone is looking for mezzanine financing for residential?

[Montrose1100]

swtsig, on Thursday, January 22nd, 2009 @ 1:03pm, said:

the office component is a go
residential component is looking for a second financing partner

I don't doubt this one, it just sounded like some one thought the first one actually got off the ground.

This post has been edited by Montrose1100: Thursday, January 22, 2009 at 4:47 PM

[fatesdisastr]

does anyone have any renderings or know how many floors the office component will be?

[Ben2009]

It will be imploded on Mar 15
http://www.houstonar...showtopic=19434

[TheNiche]

Update from Nancy:

Quote

The Redstone Cos. tore down the 1960s-era Compass Bank Building at 2200 Post Oak earlier this year, but the tight-lipped company still won’t go into details about what it has planned for the prominent site.

Spokeswoman Kim Phillips said the project will be a mixed-use development, but she wouldn’t reveal much else.

“We’re preparing the site and working through market conditions,” she said.

The tough economy has put a number of real estate projects in limbo as developers either can’t get financing or have decided to wait until the real estate market improves before breaking ground.

...

“The market conditions have changed over the course of the year,” said Phillips. “It’s had an impact.”

http://www.chron.com...ff/6448650.html

[Pumapayam]

From Gus and Urbannizer over at Swamplot.

The Perennial Update.

This post has been edited by Pumapayam: Thursday, November 5, 2009 at 10:33 AM

[AstrosFreak]

Could we get this and the Perennial threads combined? Thanks in advance admins!

[LTAWACS]

Is it me or do the renderings look different?