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Everything posted by swtsig

  1. No insider info but a part of me thinks the scaled back plans mean they have bigger long term plans for the 4HC site. Granted, I'm talking 10+ yrs down the road but still. The problem w the building is that as currently configured they'll never be able to maximize rents, especially on office space, without a MASSIVE capital commitment, the kind of capital commitment that would make demolishing and redeveloping a more lucrative long term investment. Just my opinion.
  2. Yes. The entire site was purchased by an Asian group a couple of years ago IIRC. A major developer/architect were master planning at one point. I don’t think they’re involved anymore but something significant is going to happen on that site over several phases.
  3. That lot of land will command $300+/SF, a high rise is practically a prerequisite.
  4. They've definitely botched it so far. I almost loathe The Sterling compared to what they initially envisioned. It encapsulates Houston development in every sense of the phrase. No need to cut them any slack, they're a massive development firm.
  5. From CoStar in an article regarding McNair's recently announced Westchase multifamily/active lifestyle development on the old Dow Chemical site:
  6. They don't know yet so everyone needs to have a little patience on this one. They're very actively engaging various stakeholders in the community, meaning they're taking a very long-term approach to the site.
  7. Brookfield acquired this property when it acquired Park Towers a few years ago. They almost immediately sold Park Towers, though.
  8. It's decisively their least "BIG" project, that's for sure.
  9. this is a very handsome building. excellent addition to the skyline.
  10. B-I-G's first Texas project.... very impressive. Love this design and you can see their methodical approach in its design.
  11. They've already bury themselves into Spring - that ship sailed a couple of years ago. Hopefully they give some thought into establishing a significant presence ITL, though. HPE Labs at the ion or something.
  12. you're discounting the amount of debt, maintenance and upkeep owning a home requires. pay rent, live where you want, and take that down payment and invest it. doesn't work for everyone but it definitely works for a lot of people.
  13. Agreed. It's stately, for lack of a better word. Something that I think works quite well in the Museum District.
  14. they've signed a lease for the eastern corner w a punch bowl social-type entertainment concept. can't remember the name.
  15. I'd support a redevelopment here if it meant street and infrastructure upgrades to westheimer and streets like mcduffie, harold, kipling, hazard, etc. It's incredible to think the city has allowed this area, now officially a very high rent, high profile, cultural and mini-economic engine, to deteriorate to the condition that it has. "Gross negligence" is a term I would consider applicable at this point.
  16. agree wholeheartedly. love that design exactly for that reason. which isn't to say i'm not happy w the design chosen.
  17. what these comments ignore is one itsy bitsy minor point - economics. you want to know why this is located where it is and not "near downtown"? money. go look at what dirt is trading for "near downtown" and compare it to this. it's easy to bemoan something when it isn't your money but the cost difference is massive. and you know who would bare the brunt of those increased costs? the cash-strapped startup community this city is desperately trying to foster. instead of complaining that this doesn't meet some subjective aesthetic or location criteria, how about we support our still tiny startup community? how abut applauding the fact that this 120,000 SF start up community is essentially at capacity just a few months after opening? or even acknowledging that the very fact that it is full means it met a very real market demand that may not have been met "near downtown"? and besides, in case y'all missed it, there are several startup communities, incubators and coworking concepts planting flags in and around downtown so it's not like the cannon prevented those areas from attracting those concepts anyways. these things aren't mutually exclusive and in fact that will likely work in harmony. not everyone lives or wants to be "near downtown". to think that in a startup barren city like Houston someone would use the word "hate" to describe one of the most successful startup communities in the city is ridiculous. houston hasn't earned the right to admonish concepts like the cannon. get off your high horse.
  18. from the website it seemed as if the "streets" moniker referred solely to this particular retail component, no?
  19. tech is a broad term but it's the perfect type of tenant for this kind of development. don't think this is a nab from another city as i'm pretty sure they have an existing presence here but i could be wrong. either way it's a great anchor office tenant.
  20. no need to argue about the merits of this design, this won't be it. this was simply a proposal. carry on.
  21. well said and i agree. nothing about this site plan seems overly ambitious other than the overall # of mixed use components, but the design and scale seems plenty achievable. it certainly has a BIG vibe to it, especially the schematics, but also seems very approachable. I also think it would play off hsu's design at montrose collective very well. fingers crossed the project ends up as shown or a very similar facsimile thereof.
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