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swtsig

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Everything posted by swtsig

  1. never! not my understanding but i've been wrong before.... errrr i mean i'm never wrong.
  2. how can you sell mexican food and not booze??? that's bad for business. i know a lot of office buildings try to limit alcohol sales on premises but this is a bad idea.
  3. the design is perfectly fine, i just would have assumed that they would have needed closer to 12 stories to comfortably fit 306 rooms. maybe i'm wrong though. $120m construction costs are right on point for an 308-room upscale hotel though.
  4. it goes beyond just marketing itself, it's downright pathetic that a relatively high-profile project like this in the urban core can actually begin construction without a single major publication obtaining any details whatsoever. this is the 4th largest city in the country in the midst of another building boom and nary a word? in a lot of ways Houston is still very much stuck with a small city mentality... this includes journalists, developers, politicians, etc. we should demand better
  5. austin's downtown resident population is actually around 15K (probably a bit more) so essentially double Houston's. right before (or maybe after) i left their mayor established an initiaitve to increase their downtown population to something like 20 or 25K within 10 years. this would've been a good 4 or 5 years before our DLI so they had a decent head start. due to their zoning they definitely have a more cohesive downtown but we'll get there with time. we'll never have as strong a recreational/nightlife component, particularly from a restaurant/bar and hotel perspective but they'll never match our arts and professional sports scene either. they're also light years away from being the professional hub that Houston has downtown, but they've made great strides there due to the tech boom. basically both cities are kicking ass... austin may always be hipper but houston can't be overlooked anymore as it's traditionally been. if only we could create some sort of large semi-natural water oasis near downtown... that is so desperately needed.
  6. well they have a legit deadline with some serious ramifications for delivery so you better believe they'll be working at a breakneck pace haha
  7. basically the biggest news is that it doesn't look like they're planning any new vertical development which is definitely disappointing.
  8. https://www.chron.com/business/real-estate/article/Multi-story-apartment-project-proposed-for-13074050.php#photo-15864541
  9. Anvil is taking over... don't know if that means they are keeping the existing structure or what but the landlord elected to lease to anvil & co. instead of renewing etro
  10. i mean it's awesome that most of europe has 100' wide thoroughfares but they also have an innumerable amount of much narrower, pedestrian-friendly streets that houston lacks entirely. you're like a staunch anti-urbanist.
  11. and nearby.... https://www.bizjournals.com/houston/news/2018/05/30/hines-looks-to-acquire-property-near-buffalo-bayou.html this will be for multifamily development
  12. it's not posted on his website anymore but this morning Ralph Bivins announced that Hines was on the verge of kicking off block 58. V&E has long been rumored as the lead tenant and Ralph confirmed as much. Here was his write up:
  13. they'll be about 95% leased in the very near future. edit: i'm talking about 609, not capitol tower
  14. was told about this 4 or 5 months ago, great to see it gain a little traction. south congress hotel was a partial inspiration. curious if the 59 construction could delay it, though. houston needs more of these in EaDo, downtown, midtown, monstrose and museum district
  15. correct. block 58 could have a mixed use component but office for certain. hines is incredibly active in houston right now.
  16. of course they're marketing angles, they (the developers) are vying for tenants in a competitive market. it's also absolutely indicative of weak demand - in strong markets developers curtail free rent significantly, if they offer it at all. not sure how offering free rent makes the remaining months more expensive either - you're literally paying less over the same term.
  17. mala goode co some burger joint by a food network chef poke spot upstairs bar/lounge dish society i think sushi spot by i can't remember who and i'm blanking on the other confirmed teams behind the remaining concepts
  18. 20 GW is not owned by Parkway and thus not part of "Greenway proper". Same with 24 Greenway (Weslayan Tower).
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