
HNathoo
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HNathoo last won the day on July 28 2017
HNathoo had the most liked content!
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1246 ExcellentAbout HNathoo
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Gender
Male
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Location
Museum District
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Interests
Commercial real estate, Development, Sports
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3339 profile views
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WestMont: Mixed-Use Development Coming To Montrose
HNathoo replied to groovehouse's topic in Going Up!
Wow, you can really see the potential of this site now that it's been razed. I'm so glad Skanska got a hold of it.- 394 replies
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I doubt any GC is being paid that much for the work being done right now. The cost to rent trailers is a few hundred per month, and they'll cover any labor cost plus an admin fees, which I would imagine are pretty minimal given the site activity. In regards to fundraising, the group running this is incredibly well capitalized - Money isn't the issue.
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This is both annoying and great. After I eat my salad across the street at Sweet Green, I'll probably walk over here to negate my prior healthy choices.
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Caroline Lofts: Affordable Housing For Midtown
HNathoo replied to CrockpotandGravel's topic in Going Up!
Looks like they copy/pasted the design of the Hamilton in downtown at the corner of pierce and hamilton.- 11 replies
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There was a sign on the property saying gas station coming soon. I didn’t think these guys were crazy enough to do it on $100Psf+ dirt - we’ll see.
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I heard Common Bond was offered the space since it had a drive thru, but this was a few months back. All the recent announcements seem to indicate that they'll be going inside the Ion building, but who knows. They re-sealed the large parking lot across the street. I imagine they have enough parking in that super block to buy them some more time until they sign a more substantial lease.
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I-45 Rebuild (North Houston Highway Improvement Project)
HNathoo replied to ToryGattis's topic in Traffic and Transportation
I believe TXDOT paid $90M to the HHA for the Clayton Homes project taking. -
Looks like they got their building permit: Zip Code Permit Date Permit Type Project No Address Comments 77002 2021/03/05 Building Pmt 20007905 2204 AUSTIN ST (EPR) 13,088 SQ FT NEW SHELL BLDG. 1-2-2-SH-B '12 IBC SPK (M/2)
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This project is moving really slow. It seems really hard to get a proper contractor to work on these sub institutional projects.
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I imagine this is probably the crane coming down from the alliance deal across the street.
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Australian Developer Planning Five High-Rises For Midtown
HNathoo replied to Urbannizer's topic in Going Up!
Wow. Two midtown locations?- 1467 replies
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Uh oh. And they’re asking for a variance? Montrose folks won’t be very happy - might fight this one a bit.
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Oxberry must have been desperate to fill the space. That's a ton of exposure to a tenant that is known to back out of deals / default.
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"The Houston Astros purchased the 1.738 acres where it and a historic locomotive sits through an affiliate for $17 million in 2019 and broke ground this week on what will eventually become a retail and residential development." If they do residential, let's hope they build something similar to One Cardinal Way in St. Louis. That building is gorgeous! https://onecardinalway.com/
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I imagine they’re just upgrading/fixing the signs. These guys typically sign very long term leases (25 years plus options) and this was just built recently.