Jump to content

fernz

Full Member
  • Posts

    619
  • Joined

  • Last visited

  • Days Won

    2

Posts posted by fernz

  1. Besides, adding lanes of traffic does nothing in the long term.

    I remember when I-10 was about to get expanded about ten years ago, the people opposing the project cited studies that showed that on average, roads go back to same level of congestion 7 years after expansion. Proponents of the project said that was nonsense, and a couple of years after the expansion they claimed victory bc I-10 was flowing so much better. Today, it's just as bad as it was 10 years ago.

    Never mind that 610 itself was just expanded a few years ago.

    .

  2. One of mine. Viewed through the fence around the Catalyst lot. 11/22:

    IMG_20141122001_zps1fb3cc33.jpg

    That is good quality construction. Fein is one of the few developers using metal studs and fiberglass sheathing instead of wood studs and wood or paper sheathing. Hines did the same at the waterwall building.

    If I was an institutional investor, these are the buildings I would want to buy.

    • Like 4
  3. But why is ZC suddenly adding it to their website and also stating it will be done in two phases? Seems strange.

    They have had it as part of their marketing material for a long time, maybe they added recently to the new website design.

    Architects advertise their designs all the time, regardless of actual construction status. They should though update the copy and say the project was planned in two phases.

    • Like 1
  4.   

    I guess all those cranes on the horizon are just mirages. Why does Houston have to be the only city in the world where projects get cancelled, scaled down and/or modified.

    I'll tell you why. It's called low barriers of entry. It's very easy for anyone in Houston to get one of these projects off the ground, so you get a lot of B-class players. A market flooded with good and bad projects is more likely to have cancelled projects. Also, inexperienced developers are more likely to get into trouble before projects are completed.

    In a city like NY or DC, you have much higher barrier of entry. Between low land availability, high prices, zoning, architectural reviews, profers, unions,etc...only top experienced developers play the game, and it's less likely that projects get cancelled.

    • Like 3
×
×
  • Create New...