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HTOWN LIVE

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HTOWN LIVE last won the day on October 11 2014

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  1. I disagree, I think HTOWN LIVE is spot on...always is. Those "in the know, know." Those who don't know, resort to talking/starting. They should do so on an appropriate site and thread for gossip. This site is for professionals and architecture enthusiasts...I thought?
  2. Lol. I'm being facetious. My sentiments exactly...if they're this inept and messed this up, there's no help for them or world class downtown retail. Many of us were shocked at the meeting. One of the mayor's assistants produced a new plan and convinced the mayor and the property owner and developer to hold off on the Bloomingdale's/Ritz Carlton for 1111 Main Street in favor of a proposal with a different anchor and locations that he's coordinating.That effectively killed the deal. I personally asked the property owner and developer, why? Their response was they're going to give the assistant until the end of the year to put it all together. Whatever he's doing won't top Bloomingdale's/Ritz Carlton, so backwards Houston leadership strikes again. Whatever they come up with at the end of the year will probably be inferior to the Bloomingdale's/Ritz Carlton plan.
  3. Wow, what nonsense. My dear student, why don't you call the mayor's office for confirmation and report back to us. That will help you understand. Class dismissed.
  4. The development was discouraged by the leadership of the City of Houston, Texas, USA. The property owner and the city are now going in a different direction that has to be better in order to top that.
  5. I agree it's back-peddlIng, they should have gone with the plan (even if it was with newbies). Houston definitely could have used the downtown retail and the hotel rooms. But it's not, at least not at 1111 Main Street. The city and the property owner no longer want it, saying they have something better they're putting together. We'll see.Houston already has the other big stores except Bloomingdale's, so it would take Harrods, Selfridges or Galeries Lafayette to top that. Does Houston have the leadership, talent and power to make that happen? We'll soon see.
  6. Agreed, just last week the city turned down a deal to redevelop 1111 Main Street (the old Sakowitz building) into a Bloomingdale's and a Ritz Carlton. Neiman Marcus ran Bloomingdale's out of Dallas years ago, and now Houston doesn't want them either. The Ritz Carlton was in Houston years ago and failed to impress, and got the boot. Houston is clearly not chasing those brands (which are not all that great), as there IS better. Houston has moved on and now wants better than that, so what happens will be interesting.
  7. Agreed, the rendering is basically putting emphasis on the building's potentially fabulous views of downtown and the TMC as it rises between them.
  8. That would have to be the North face of the building (reflecting downtown), with a TMC tower in the background to the South.
  9. You're right, I forgot NM San Francisco at Union Square is gigantic and simply marvelous.
  10. On one side of the Galleria two new Hyatt Hotels...on the other side, not so much.
  11. Saks Fifth Avenue and Neiman Marcus operate the finest stores in America. And yes, NM Houston Galleria, Beverly Hills, and Dallas NorthPark all vie for #1 continually. In certain markets, like Houston, those two fight to the death. So with SFA now constructing a new bigger palace, you can bet your last dollar that NM is at its drawing board now.NM Houston Galleria usually gets a complete remodel every 7-10 yrs, but the new Saks flagship will only make them do something more extraordinary, and maybe quicker than usual. Idk of anything specific, but with the new Saks coming in 2016, a top-to-bottom remodel for NM will surely follow. And at 225,000 sf, NM Houston Galleria is one of the largest. Beverly Hills is 185,000 sf, Dallas is about 230,000. NM Houston Galleria turns 50 in 2020, so I would guess a remodel will start just after the new Saks opens in 2016. The question regarding NM and SFA is, which one will get the last anchor space at The Woodlands, as they both need an additional store in Houston. Nordstrom just opened a second store there last month.
  12. Hallelujah. Agreed. All of that crap (the entire lot) should have been gone! Dillard's will get a nice sum, but developers will let them rot if they're being overly greedy and think they're going to fleece potential buyers with a ridiculous asking price fit for Fifth Avenue. Dillard's better remember that pigs get killed...hogs get slaughtered.
  13. Pipe dreams, I'll bet not. They could hope for half of that. Yes, the Galleria is doing great, but not Dillard's. It looks like a rusting Ford Pinto next to a new Rolls Royce. The Houston market has evolved and prefers the experience of what's featured in the world of Macy's (moderate) to Nordstrom (upscale), than to tacky Dillard's. Whatever niche they had is dead and irrelevant. The Macy's to Nordstrom range is the standard...Dillard's is not a premium All-American brand...never was. They could even stay put, yet redevelop the property by reconstructing themselves with a couple towers and a hotel and an underground tunnel connecting to the Galleria. Put on some makeup and refresh...do something besides sit there and rot like an eyesore. Their pride is keeping them there...thinking the prestige of the Galleria will elevate their image. NOT. Of course they can sit there wishing for a payday, but Houston will continue to pass by and sneer on their way to the Galleria. Only a fool wouldn't take that kind of money, especially when they're clearly out of their league...just look at their rich neighbor across the street. Dillard's can not keep up with the Jones's.
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