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X.R.

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  1. What in the world, they're completely redoing the landscaping in the area? I don't think Caroline has esplanades, does it? And is it just me or are they basically shutting down that central laneway area? They weren't kidding about walkability. With the speed in which Ion is moving now...I'm guessing some of the landscaping and sidewalk stuff will probably start in the new year.
  2. This sewer issue, which has been mentioned before, but not discussed in too much depth, actually makes sense when you think of how much sewer work the city is currently doing in Midtown (Caroline is destroyed, and various other streets have work being done on the weekends). And to an extent in the Museum District (part of the package for these apartments to move into the District usually involves them paving small ditches and doing sewer work). And I guess I never thought of Montrose/Muesum District/Midtown as under-built, just that a new need has arisen. But now it makes sense why people are stumbling over themselves to dump trucks of money in these areas, as if playing catch-up.
  3. Oh snap! They took down the bridge! This part of the trail, and a bit further down where they are extending/reworking it towards 610, has taken so long. I don't really understand it since with this bridge they have been slowly working on it since July. Crazy the amount of work they are doing on this bayou, you have this bridge and the pathway and then on Macgregor you have the same type of construction going on. The new design of the bridges are supposed to help with flooding, and there will be walk/bike path components to both.
  4. *Cries* are you saying...I can go from downtown to...UPTOWN? MY GOD IS THIS REAL. I never thought I'd see the day I could take a timely, consistent, and frequent transit option from Downtown to the Galleria. This blows my mind.
  5. I drive by this, and the Ion building, every day. Both have hit the overdrive button on working, 15+ people on site every morning doing various things when previously you would go a few days with very minimal movement on the site. The glass tube wrapping seems to now only have one large side and one tiny side left, when like in early September they had only done one side. Probably good for the construction guys and gals, Christmas is coming and overtime sounds pretty good right now.
  6. Something was bugging me and I realized it reminds me somewhat of the Menil and I don't know why. I love the design. The only thing is those skinny columns, dont know how I feel about that. The airyness of the design is pretty striking. Make parts of this out of recycled materials and we have a true winner.
  7. These two are pretty unique (for Houston): The Astorian has a great view on the roof and the inside is soooo beautiful. When we wanted to have ours there, they wouldn't let people on the roof yet because it wasn't ready, but I hear now they do. Also, they may work with your favorite ethnic place for food, depends on them. The Asia Society Texas Center is beautiful inside, and the upstairs with the water mist...thingy is very pretty. They do weddings for sure, I see them every so often. If I think of anything, I'll add to the thread. Good luck!
  8. Something lost in the discussion is that outside of TMC (full on land managing 501(c)(3)), these other institutions generate good revenue and have large endowments boosting their financials, aka they have more money than they know what to do with. They've probably done 1000 studies about 1000 different things, and settled on this type of development. If it works, its amazing and their endowments grow and a sector in Houston that as @102IAHexpress accurately points out is just above average is going to get a huge boost. And the type of people they are trying to attract to potentially move to Houston probably won't have cars or really want to go to Katy or Clear Lake to do anything (hell, maybe not even Downtown). These researchers, as pointed out before, are generally focused on their job at hand and are used to college campuses where everything is relatively close and walkable. I think given all that, some of us can agree that one could see what they are trying to do. And someone asked if this was for regular Houstonians, and they said on the Looped in pod, yes, it is, to make TMC a more inviting place for those who live around it. If the design sucks, or they don't get as much business as assumed, hey, nothing's better for these entities and their endowments to hold and take loans against than developed real estate, right?
  9. @Luminare is right in that there are a number of much older units. Also, surprisingly(?), there are a bunch of ooold townhomes/condos/smaller apartments all along Westheimer/Bissonnet. There are pockets of older facilities all over the inner-loop that are being targeted by real estate companies as easy acquisitions for the opportunity to update and flip. So I can see that. I agree alot of the pressure will be on the West loop where developers are really pushing for that oil and gas crowed. And I also agree with Lum that you would think people would pay an incredibly pretty penny to have a house or apartment there, so I get why these are "luxury" apartments versus just regular apartments. Its incredibly puzzling that the Bayou area wasn't developed before. Having grown up on the south side of Houston, I always assumed that was where the rich people lived, but when I started to visit the park and that area more frequently I realized they were...just empty lots and fields. Weird. Just odd there wasn't significant development there before.
  10. There can be no way they could call it BRT and put it in normal traffic with everyone. Maybe utilize the HOV lanes? If they put it in normal traffic, I give up on my dreams of a Smarter Houston.
  11. Only real relevant info: ""If you look at the downsizing of some of the oil and gas companies, we’re not seeing the job growth in the 'A category' right now. And we’ve still got a significant number of units that are under construction to be delivered in the next 18 months," Greystar's Stacy Hunt said in a recent interview. "Today there are still a lot of properties, particularly inside the Loop, that are giving two months free rent." One would think this would be a great area for condos/townhome/apartments mixed development, but its mostly apartments now. It is kinda nuts that Houston will go from a smattering of apartments there to 1600 apartments within a few years. That influx, particularly since they are high-end almost exclusively, is a bit worrisome as they note because how much of Houston really has 2k+ a month for an apartment.
  12. This. Doesn't this all funnel into the conversations in the other office space threads where we talk about how alot of these buildings are still wayyyy behind the ball when it comes to catering to the new standard of beer fridges, colliding spaces, bike racks, bike rooms, innovative floor plans, group spaces, etc. Its cool that a building looks cool, and I don't know much about who keeping up with the market rests upon (the owner of the building or the management company), but I do know alot about lease agreements and client expectations. Space is expensive. WeWorks is only sort of expensive, and offers all the "start-up energy" one could ever want. Just saying, if your space can't beat a run of the mill coworking place, then what are you doing. Law firms, many of which call Dtown home, are even jumping on the updated floorplans and startup layouts, and law firms are notorious fuddy-duddies. If these building's floorplans are more than 15 years old, then I would expect them to take the loss when a big regional or national company is looking to house their employees (of which half are potentially younger than 40, or come from companies in NY/CHI/SF/BOS where the sexy interior space revolution has happened or is happening).
  13. It's truly strange how few grocery stores/coffee shops/local corner stores/etc there are in that area. You have a ton of people living by that park, stupid amounts of foot traffic. I can guess why that is but its not a pretty thought. Regardless of its location, its targeting 60% of AMI and lower, which is super commendable. Tbh, I'm surprised the business interests behind the Mosaic and other higher end apartments are OK with such a development. I didn't see where it says senior housing. I wish more of these would go up in that neighborhood, emancipation area, and the heights.
  14. Yeah, read the study too, @wilcal. Seems like the memories of Houston being uber-oil, and associated industries, dependent still colors many of the experts/industry peoples opinion of the city. I wasn't paying attention real estate development as much in 2016, but if Houston ran into development issues during 2016, a year in which the stock market grew at a way above average rate, and one of the only slow downs being potential fear in the market due to the election, well thats pretty terrible market instability. However, 2018 was a great year for announcing of projects in Houston, 2019 has shaped up to be even better, and 2020 has TMC going crazy. And that is reflected in the "voting with the wallet" that they mention. As @Luminare has stated a few times, 2019 is a banner-type year for the city in terms of the multitude of projects. I didn't know what to make of the #3 in home building but so low on overall real estate development, other than maybe its not becoming a dense as HAIF thinks its becoming? But then lower in the study you realize home building includes apartments, elderly living high rises, condos, etc which are all densifying construction products. The nice thing is that Houston is top 30 in real estate opportunities, which shows that there can be greater development in the coming years leading to better rankings in investor demand in non-home building projects. TL,DR seems to be Houston has a relatively poor history when it comes to sustaining development in less than great economic circumstances, but the sheer population explosion has attracted amounts of money that does not coincide with the industry's view of Houston. Hopefully that means meaningful development.
  15. That is one of the worst parking lots in the city, hands down. The amount of near accidents, actual accidents, wrong way entrances, people waiting 5 mins + for someone to pull out of a spot, etc is pretty astonishing. Its so bad that I leave my car at home when I g...oh was that their plan all along?!? But yes to a a garage that forces people to park further away and walk to the place. More foot traffic in that area to me is a massive W to fight the 40+ mph crowd trying to book it down westheimer.
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