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HNathoo

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Everything posted by HNathoo

  1. I believe the prayer hall will probably be private, but otherwise it should be pretty open to the public similar to the Toronto center. https://the.ismaili/ismailicentres/toronto/visiting-toronto The decision makers behind this project have been pretty tight lipped on this since they acquired the site. I'm a member, but doubt I'll hear about ground-breaking prior to the general public.
  2. Here is a former rendering of the project from the original sales flyer:
  3. Pretty much every grocery store mixed use development. They make the money on the increased rents the apartment/office tenants pay.
  4. They generate foot traffic. A smart developer would include them in their mixed use development, possibly losing money on the lease itself, but gaining a valuable tenant in the overall development (increasing the rents overall).
  5. I wish I understood gas station economics better. I heard someone is developing a site at the corner of 45 and W Dallas. I don’t know how that land underwrites for c stores, but don’t imagine they would develop such a high value site without understanding c stores well.
  6. I can’t imagine this going through. The same group is being foreclosed on their blodgett project.
  7. With a $10M budget (including 3 years opex), I wouldn't bet on much more than just interior build out.
  8. Wow, that looks awesome. Eado has so much potential with so many of old warehouses begging to be transformed.
  9. They added a video to the loopnet site: https://www.loopnet.com/Listing/1800-Binz-St-Houston-TX/17540789/
  10. This is not the eado city view project from Dan Nip (RIP). That site has already been acquired by TXDOT for the freeway expansion.
  11. Yes. Fortunately, there is plenty of opportunity on the other side of st emmanuel. They'll probably be paid handsomely if they own their site.
  12. I believe that particular segment is already funded, and a few sites have already been purchased by txdot. Sounds legit.
  13. Here is a recent article on another project the developer is working on in Chicago. They seem equipped to handle the challenge. https://www.bisnow.com/chicago/news/construction-development/how-a-historic-west-loop-office-tower-became-a-luxury-hotel-105475?utm_source=outbound_pub_13&utm_campaign=outbound_issue_41323&utm_content=outbound_link_6&utm_medium=email
  14. Here is the article. It doesn't mention square feet leased. https://www.houstonchronicle.com/techburger/article/Chevron-Technology-Ventures-is-the-first-named-15493481.php
  15. It was Madison Marquette (PMRG). They built the Travis high rise in midtown.
  16. huge premium for having a full superblock on a hard corner of two major arteries. There really is no limit to what you can build and the uses that it would attract (retail,office, housing, etc) generally the highest and best land value for a 5k sq ft lot would be 3 townhomes or a single family residence.
  17. This passed city council unanimously - pretty big step for Houston Urbanism.
  18. https://www.houstonchronicle.com/news/houston-texas/houston/article/Houston-considers-a-plan-to-make-the-city-more-15459085.php
  19. It's expected to be on the 8/5/2020 agenda. Please e-mail the mayor and council members expressing your support.
  20. they aren’t permitted yet and have only been through one round of comments, so I think it’ll be late fall ground breaking, at earliest.
  21. I was pleasantly surprised at how many people called in support of the ordinance. It's unfortunate that the MPNA/MPSN can make a claim on how the entire neighborhood feels. Most of the residential neighborhood isn't really even included in the TOD ordinance given that Museum Park really has only one true light rail station. Whatever development that comes with the TOD will only improve the neighborhood (sidewalks, curbs, storefronts, trees) and hopefully help get rid of the big surface parking lots. I applaud the mayor for wanting to push this through without delays. I feel much better about the outcome knowing he's fully on board.
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