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Everything posted by downtownian
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Texas Tower: 47-Story Office Tower At 845 Texas Ave.
downtownian replied to democide's topic in Downtown
I was just walking that path for the first time today and thinking the same thing... but at dusk- 2,215 replies
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- hines
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If it wasn’t for the garden on top, I would have guessed that was a mall with the taller building in front an anchor department store.
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Frank's pizza is staying open. Just frank's backyard is closing. Hard Rock Cafe downtown is closing too: https://www.bizjournals.com/houston/news/2020/04/01/hard-rock-cafe-to-close-downtown-houston-location.html
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The Pointe At Bayou Bend: Affordable Housing At 800 Middle St.
downtownian replied to BeerNut's topic in Going Up!
It wouldn't bother me if this also put 5,000 units in river oaks.- 237 replies
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- affordable housing
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I like how they pick up bits of everyday life like someone doing an instagram photo shoot on top of Market Square Tower at 9:00 and a tow truck taking away a car at 9:20.
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Not a fan of giving huge subsidies to outdated and out of fashion corporate hotel chains. W's had a cultural moment 10-15 years ago but don't seem relevant anymore. Wish it was a boutique by a well respected hotelier or giving tax breaks to local small businesses.
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I would reverse Stage 4 and Stage 5 (do stage 5 first because it is bayou adjacent while Stage 4 does not front water).
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- multifamily
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Brava: 46-Story Residential High-Rise At 414 Milam St.
downtownian replied to brijonmang's topic in Going Up!
Think some of the interior renderings in this article are new: https://www.houstonchronicle.com/life/home/design/article/The-Preston-will-bring-progressive-modern-design-14826099.php- 1,067 replies
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Houston Endowment Corporate Headquarters At 3683 Willia St.
downtownian replied to Urbannizer's topic in Going Up!
Was hoping they would go with a Houston architect and Schaum / Shieh who were a finalist. I really like their Transart Foundation building on Alabama.- 256 replies
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- kevin daly architects
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Agree - Pennzoil is beautiful. Little disheartening to see the vacancy so high.
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The reports are quarterly. The next quarter ends Sept-30 and then it takes them a while to write up the report so mid/late October.
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Texaco Building (now The Star) At 1111 Rusk Street
downtownian replied to editor's topic in Downtown
According to page 12 of the below, Mia Bella is opening at the Star. Hope it’s not the beautiful space that Benjamin’s would have taken: http://www.downtowndistrict.org/static/media/uploads/attachments/downtown_market_update_2019_q2.pdf -
Q2 downtown report is up. Highlights: -residential occupancy of 90.3% up from 86.8% at beginning of quarter. Increase due to strong seasonal demand. Houston average is 90.2% -average rent of $2.03/sf compared to Houston average of $1.18 -Bank of America Tower is 88% leased http://www.downtowndistrict.org/static/media/uploads/attachments/downtown_market_update_2019_q2.pdf
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Yeah, think it was Humble Tower Apartments with 82 units
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Also, the Great Southwest Building was originally going to be renovated into apartments but then there was an ownership change and it is now a Cambria Hotel. https://www.hotel-online.com/press_releases/release/brief-report-historic-downtown-tower-could-become-luxury-hotel-by-2019/
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- downtown
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I strongly prefer residents to hotel guests downtown. Creates a more vibrant neighborhood and community. I like hotel development downtown but would never want to see a residential building flip to hotel.
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I agree that it is cool but game changer is a little overstated. People could do that at the JW across the street ($189 / night) or the Club Quarters ($130 / night) compared to this at $129 / night. Plenty of other boutique hotels around Main Street as well with a lot closer to the central bar area.
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- eugene slater
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Most recent downtown report states "609 Main at Texas is over 80 percent leased". Page 3 of the link: http://www.downtowndistrict.org/static/media/uploads/attachments/downtown_market_update_2019_q1.pdf
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Yes, it's strange. My personal accountant is in the building. I was initially surprised because I thought the building would be full of major corporate tenants.