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Showing content with the highest reputation on 04/18/2011 in all areas

  1. I had the privilege of speaking with an Exxon media relations guy and I informed him of the arial photographs we had of the area. I asked him straight up if indeed Exxon was moving forward with an elaborate corporate campus. The gentleman said "I can tell you that site work continues at that location and all options are still on the table---that's anything from leaving things as is on one end to building a new corporate campus on the other. I replied to him, "but sir, there have been thousands of trees cleared from the area and clearly this is in the exact location of the planned corporate campus according to Springwoods Village. Site work requires the removal of thousands of trees?" He replied, a statement on the campus would be released "very soon" and that all he could confirm is that site work continues at that location. When I asked what "very soon" mean, whether it was days or week, he would not comment. So that's the latest from the horses mouth.
    2 points
  2. the report you posted shows a -9K absorption number for the woodlands, while the numbers i have show +50K thru 1q11... it depends where you're sourcing your numbers as everyonwe tracks them differently. additionally, i know of one and likely 2 major tenants, both currently in greenspoint, that will be vacating their current digs for new ones in the woodlands and neither one of them goes by the name of exxon. i also know of several multifloor tenants who have relocated or intend on relocating from greenspoint to the woodlands in the near future. exxon's departure spells doom for the greenspoint area imo... major tenants do not want to stick around in a ghostown where many of their employees feel unsafe and the amenity pool is shrinking. with the proposed grand parkway construction, hardy toll road, etc transportation between IAH and the woodlands is not a major concern. as most greenspoint employees likely live on the northside anyways, the woodlands is a logical place for many tenants to consider and the amenities that the woodlands provide is a huge draw to large tenants and their employees.
    2 points
  3. According to you. But are you a Wal-Mart executive or do you own Wal-Mart stock? Then I'd say it's a very safe bet your "opinion" carries no weight at Wal-Mart's corporate headquarters and that soon you'll be joining me and a whole lot of other people shopping at the Heights Wal-Mart. I can't wait. How about you?
    2 points
  4. Nothing spectacular, but it will certainly be an improvement over what's there now. Hopefully they include street-level retail, it sort of looks that way from the rendering but who knows. http://blogs.chron.c...ionary_pri.html
    2 points
  5. That's your choice and you are absolutely free to make it. Whatever makes your boat float. However, I'd like to be free to decide for myself to go to their store in the Heights, and when it opens, I will, if for no other reason than to support free enterprise and oppose... well, I'll be nice and leave it at that.
    1 point
  6. Some more information, will quote in pieces to address points separately. Updated to 22 floors from previously stated 20 floors: Ground Floor to feature restaurants: Construction details: The rest: Link: http://www.bizjournals.com/houston/blog/2011/04/other-changes-planned-around-new-bbva.html
    1 point
  7. Mai's held their grand reopening over the weekend and I covered the event here: http://innerlooped.com/745/mais-grand-re-opening-with-a-dragon-dance/ There was an awesome dragon dance as part of the opening! The inside of the place is very nice now... but prices still seemed good.
    1 point
  8. AGAIN with the political yard sign issue....have you not beat that horse to death yet? There are no fewer than 10 posts telling you that it was sarcastic and done with the intent to get a rise out of people, but you keep bringing it up. And you actually ARE wrong more often that you are right, and 99.9% of the times when you are wrong and then someone proves you are wrong with facts and petty things like supporting evidence, you make no response, and then 5 posts later you repeat the same factual inaccuracy. It is frustrating beyond belief, because you seem to want debate, as long as the momentum of the debate is on your side. When the tides change, you no longer debate, you just ignore...that is not debating. It is sticking your head in the sand. Nobody believes a liar even when he is telling the truth. That is why nobody believes you. Everything you say about Walmart may be true, but considering how often you were either lying or just completely wrong in the historic thread, it is not a giant leap to figure out why nobody believes you about walmart either...except for those people who obviously share your hatred of walmart....they might believe the sky is falling as long as we could blame Walmart.
    1 point
  9. You can hate Walmart all day long, but there is no doubt that as inflation rises, Walmart will be better positioned than any other retailer to leverage its size and buying abilities to keep prices lower than its competitors. Have you seen the price of a Steak recently? A steak is up almost 50% from a year ago....Walmart will be able to eat some of that cost in order to offer it cheaper than their consumers. They do this constantly...more stores, more saturation. Fortunately for Houston, there is enough competition that Walmarts business plan will never shut down all the competition....but your hatred of Walmart will have you paying more for your food than if you shopped elsewhere. Target may be cheaper now, but its unlikely they will be able to eat the inflation that is coming down the food lines as well as Walmart. I am getting almost 50% more for my live cows this year than I did last year at the auction....I can tell you right now that the feed lot is not going to take a lower profit margin, and the shipping is more expensive thanks to higher fuel prices...add to that our brilliant ethanol usage which drives up feed costs and reduces mpg and there is simply no possible way that food prices are not going to rise even higher. Walmart is well positioned to take advantage of that exact scenario....when times are good people dont bargain shop nearly as much as they do when times are tight. This is a good scenario for Walmart....
    0 points
  10. I think that is a GREAT idea! HOwever, I also think that if Heights residents are getting mailers enticing us to shop at the Silber store, it shows that the Silber store is close enough to the Heights and that a 3rd location within a 7 mile radius is unnecessary.
    0 points
  11. Walmart is very well know as one of the most penny pinching companies in the world. They would not send a $5 gift card out unless they were very serious about getting the recipient to become a shopper at the new Silber store. Add that to the fact that many getting the gift cards live way closer to the Heights location, and Walmart's business strategy is pretty clear. They want to saturate the Houston market and try to beat the competition not by having the best products at the best price (Target won recent price comparisons promiting a "we'll match competitors" campaign) or by having the better shopping experience (Walmart has lost customers to Dollar stores because they are much easier to get in and out of for purchases of weekly staples than Walmart), but by simply being everywhere. The Target at Sawyer will eventually be surrounded by four Walmarts (counting the proposed Wayside location). Even if Target at Sawyer beats the pants off Walmart on Yale, they will lose the war because Walmart will have a greater market share simply by having so many stores. Walmart has previously used its largesse to increase its profits on the supply side and is doing the same on the demand side.
    -1 points
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