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jt16

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Everything posted by jt16

  1. Seems right on to me. With 30% of mortgages nationwide interest only or short-term arms, there are a lot of peope in homes they can't afford. I'm not sure this will affect the high-rise market, however, as this seems to be a pretty nascent market, at least in Houston. I don't think anyone can say how a RE bubble would affect these investors.
  2. http://www.globest.com/news/307_307/houston/135288-1.html It sounds as if this project begins shortly.
  3. Has anybody ever heard of this? Apparently it's a conversion of an abandon building in Greenway Plaza to residential.
  4. Something like Tavern on the Green? It might work there. It could also work well with jogging trails and maybe paths for horse carriage rides.
  5. I wouldn't. Not until the area cleans up a bit. For example, level the bus station. I think this fits in nicely with the Galleria area. Any word on start date for this or the Fashion Square projects?
  6. Most homeless people break the law everyday. Squatting under a bridge is against the law. Read Rudy Guilliani's book and you'll learn how he cut crime in NYC by over 50%. He started by picking up homeless people and running criminal checks on them. This isn't to be insensitive. We don't all have the same lot in life. I understand this. But allowing some mentally unstable and substance dependent people to roam freely on the streets is a defeatists policy.
  7. I don't exactly see Dress Barn being the type of retail that people venture downtown for.
  8. Are they ever going to renovate their Midtown location. If it's done, then I'm pretty disappointed with the progress. That ugly rooftop sign from the Days Inn era are still there and it still looks like a second rate motel. I thought they were supposed to fix it up.
  9. Doubt it closes. There are such things as planned foreclosure as there are planned bankruptcy. Sounds like this might be the case. I'd be willing to bet a truckload of money this hotel does not close. They just went through a pretty extensive renovation of the rooms here this past year. That sounds like a dress up before you unload the property.
  10. What? Boeing ruled Houston out in its initial search because it already had a presence in the Houston area. That's why it ruled out several locations. I think the state, and the city has done a tremendous amount of work creating jobs here in a time when jobs simly didn't exist. Give me burger king. I would hardly call a private multil-national; multi-billion dollar company a far-flung empire of burger franchises.
  11. It's just another champps in my opinion. Not much sets any of the two apart. I don't buy the foot traffic that ESPN is waiting for downtown. Either they haven't visited downtown Houston, or they are using some bogus numbers. The lunch crowd alone would more than support an ESPNZone and the weekend crowd downtown is pretty substantial. Plus, it's Houston, people will drive just to go to the ESPNZone downtown. Clearly they need to research the Houston market better, instead of trying to box in every market into one category.
  12. Well the mosque was in the news today for other reasons. I'm not sure if this has anything to do with the closing.
  13. This is great news! What's sad is tht this thread has merged into a new subject. I want to be so optimistic about the Shamrock, but it just doesn't look like anything will happen.
  14. This would really remove a blight on the Houston skyline. I don't see any residential exploding in the south end of downtown/north end of midtown until something is done with the bus station.
  15. I agree MidtownCoog. I lived in NYC, and you do indeed have to put up with a lot of inconvenience. Density sounds sounds appealing mostly to those who haven't lived it.
  16. Does anybody know roughly, how many people work downtown? With numbers like these, surely we could support a lot more residential downtown that we have now. Just a small percentage of 100,000 wanting to live near work would make a attractive downtown residential market.
  17. It's the land on Bagby across from the Heritage building and the Allen Center. It's currently a surface lot.
  18. I was reading a book and found this interesting quote from Lincoln's Gettysburg Address: "You cannot bring about prosperity by discouraging thrift. You cannot help the wage-earner by pulling down the wage-payer. You cannot further the Brotherhood of Man by encouraging class hatred. You cannot help the poor by destroying the rich. You cannot keep people out of trouble by spending more than you earn. You cannot build character and courage by taking away a man's initiative. You cannot help men permanently by doing for them what they could and should do for themselves." There's a lot there, but I think the last sentence probably illustrates how I feel about this city (and country's) attitude towards our growing homeless problem. History lesson done.
  19. Then you submit them to the life on the streets with no healthcare, drug or alcohol rehabilitation or job training. Give to your favorite charity, but giving them a dollar or two is counterproductive.
  20. Houston is cheap? The building owners in Dallas and Houston are all the same. I think lighting downtown buildings is being overplayed here. So what if Dallas is more lit up at night. Both downtowns would be a beacon to nowhere. I'd rather concentrate on getting more people downtown at night. Lighting is secondary
  21. I'm not "from" here. I doubt most of us are. Why does it matter? He's a big ambassador for the city.
  22. I can't look that far out. With the Randalls in Midtown, I don't see anyone jumping into the mix in the CBD anytime soon.
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