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ChannelTwoNews

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Everything posted by ChannelTwoNews

  1. Conservatory Galleria food hall sets opening date - Houston Business Journal (bizjournals.com) "The team behind Reset Rooftop Lounge in Midtown, Be More Pacific in the Heights and Sushi Rebel in CityPlace are preparing to open Conservatory Galleria at 5353 W. Alabama St. on Feb. 19." Images from the story
  2. AES Corp. to double downtown Houston office space - Houston Business Journal (bizjournals.com) "The Arlington, Virginia-based company will expand from 12,500 square feet in GreenStreet Tower, at 1201 Polk St., to 25,000 square feet. Construction is slated to begin this spring, but the names of the companies working on the project were not immediately available."
  3. New $6 million facility to be opened at Marker 37 (kztv10.com) "It was recently announced that a large $6 million entertainment complex will be built just south of Marker 37 Marina on Padre Island. The facility will include multiple amenities such as a rooftop restaurant and bar, eight pickle ball courts, 20 corn hole setups, a splash pad, a giant movie screen, and a beautiful view of the Laguna Madre and Corpus Christi."
  4. Bryan Kang’s Dos Lagos Asset Plans $40M Hotel-to-Resi in Houston (therealdeal.com) "The Houston Housing Authority, in collaboration with Columbia Residential, is converting a dilapidated Holiday Inn at 2100 Memorial Drive, long an eyesore near Buffalo Bayou, into an affordable 197-unit senior living complex. " Wasn't that conversion torn down in favor of a shorter, newer building? And was it an eyesore?
  5. Bryan Kang’s Dos Lagos Asset Plans $40M Hotel-to-Resi in Houston (therealdeal.com) "Hotel-to-resi developer Shir Capital acquired the defunct Wyndham Hotel at 14703 Park Row in 2022. It is planning to open Teak Living, a rental community, by the end of this quarter. " Teak Living in Houston, Texas | Pet-Friendly Living (liveatteak.com) TEAK - Apartments in Houston, TX | Apartments.com
  6. Port of Galveston, MSC Cruises reach deal for 4th cruise terminal - Houston Business Journal (bizjournals.com) "The Port of Galveston's fourth cruise terminal complex will get underway soon thanks to a deal with Switzerland-based MSC Cruises. The agreement between the Galveston Wharves and MSC, which has been in the works since at least 2022, was signed this week. The project is slated to begin in early 2024 and be complete in time for the MSC Seascape to homeport at the new terminal in November 2025, Galveston Wharves said Feb. 6."
  7. Fate of $62M Sunken Garden Theater makeover still unclear - San Antonio Business Journal (bizjournals.com) "Nearly two and a half years after the Brackenridge Park Conservancy first unveiled plans for a major renovation of the aging Sunken Garden Theater, the fate of that landmark project remains uncertain. But backers could finally learn in a few months whether there is the public support needed to advance their vision for the more than 90-year-old venue."
  8. $58M downtown Marriott project seeks HDRC approval - San Antonio Business Journal (bizjournals.com) "Austin real estate company Merritt Development Group and Georgia-based Peachtree Group's $58 million Residence Inn hotel project at 100 N. Main Ave. is seeking design approval from the city's Historic and Design Review Commission."
  9. HNTB takes space in Austin's Indeed Tower - Austin Business Journal (bizjournals.com) "Kansas City-based engineering and design firm HNTB recently moved its Austin office to downtown's Indeed Tower. HNTB said it took 20,000 square feet on the 24th floor of the high-rise."
  10. New Facilities Place Houston Life Sciences ‘At The Cusp Of The Horizon’ (bisnow.com) "CEOs are also enticed by tours highlighting how close their employees could live to work, as that improves recruitment capabilities, she said, adding the Houston region is doing a good job of building those kinds of places. On the subject of tours, Bovermann said once she can get prospects and scientists to Helix Park, they are impressed by the amenities, which include collaboration space. “Scientists come, over 20 at a time, and [they] see the parks, they see the amenity floor where they can come, take a break and just walk out on a terrace,” Bovermann said. “They’re just like, ‘Wow.’” At the TMC3 Collaborative building, an atrium space with a 21-foot-tall LED screen is already booked for the next year despite still being built out."
  11. Apartment tower proposed in Turtle Creek area of Dallas advances - Dallas Business Journal (bizjournals.com) "The commission on Feb. 1 approved the developer's request for changes to development standards to increase the allowable floor area while limiting the number of units for the site to the proposed 104, a response to neighborhood concerns about density and traffic. Recommendations from the commission are then voted on by Dallas City Council, although it wasn't immediately clear when that would happen in this case."
  12. Website: The Reserve at Manvel JLL Profile: The Reserve at Manvel, SH 288 & Croix Rd | JLL Properties - US Leasing Brochure: https://res.cloudinary.com/jll-global-sandbox/image/upload/v1704735548/MyListing/public/prod/udxvl5eef8qmeskppcjr.pdf Video: Reserve at Manvel shopping center planned along Highway 288 in Manvel - Houston Business Journal (bizjournals.com) "Sales are now open for commercial lots on the 75-acre future Reserve at Manvel, on the southeast corner of state Highway 288 and County Road 58. Local family-owned company VDB Partners Ltd. is getting ready to develop the property with the goal to turn it into a shopping and entertainment destination for the Manvel area."
  13. Grainger plans distribution center in Hockley, Texas - Houston Business Journal (bizjournals.com) "The new 1.2 million-square-foot distribution center, which will be known as the Houston Texas Distribution Center, will be constructed on a 108-acre site in unincorporated Harris County northwest of Houston at Roberts Road and U.S. Route 290. The property is being developed by Houston-based Hines, and although the cost is not disclosed, the company said it was a significant investment." Groundbreaking expected in spring with completion in 2026. Planning for 400 employees within a year of opening.
  14. Victoria College breaks ground on new student success center | News | victoriaadvocate.com "Local leaders, public servants and members of the Victoria College community gathered on campus Tuesday for a groundbreaking ceremony for the school’s new student success center."
  15. Sports Illustrated Resort planned south of Houston in Texas City (houstonchronicle.com) This piece mentions the building will be 9-stories. Additional renderings which may (or may not) be of this project.
  16. Downtown Office Tower Converted to Luxe Living | Realty News Report "Houston’s most recent conversion is in downtown Houston’s Cullen Center complex. DeBartolo Development is wrapping up its residential reboot of 1801 Smith, now branded the Elev8 luxury apartments. Think of the apartment community’s makeover as “condominium meets hotel,” company sources said."
  17. GLENN HART on LinkedIn: #morein24 #survivetill25 "**UPDATE** Currently it appears developer has installed irrigation on entire site and growing grass; assuming to be allowed to bring the construction fencing down... Essentially putting the project on INDEFINITE HOLD while it reevaluates the current hi-rise residential market."
  18. 30-story hotel & residential tower proposed for the development, this one at Ross Ave & N. Field Street, across from Fountain Place. The previously mentioned towers are still in the design process according to this article. Hotel and residential tower in the works for Dallas’ Field Street (dallasnews.com) Overall conceptual site plan
  19. Still in Dothan, but she left the anchor chair last June. She has returned to her previous independent company, with an emphasis on chronicling family and business histories. From old news to a new chapter – Still here! (dothaneagle.com)
  20. Johnson Development starts construction on Kresston community - Houston Business Journal (bizjournals.com) "Johnson Development has started clearing the first 600 acres of the property, Kresston General Manager Virgil Yoakum said. The remaining 800 acres, part of which are in Grimes County, are under contract with Crown Ranch Development Ltd., and Johnson Development expects to close on the land later this year."
  21. Sports Illustrated Resorts coming to Lago Mar lagoon development - Houston Business Journal (bizjournals.com) "Texas City will be home to one of the nation’s first Sports Illustrated Resorts, next to the 12-acre Crystal Lagoon in Land Tejas’ master-planned community Lago Mar. A joint venture between Houston-based Lagoon Development Co. and Sports Illustrated hotel and resort licensee Sports Hospitality Ventures LLC is developing the resort." 200 rooms on "at least" 6 stories, to be located on the southeast side of the Lagoon. Groundbreaking planned for Q3 2024. The rendering of the structure from the article mentions it is a "generic" SI Resort New Beach Club tied to the new development on site.
  22. Western Galveston getting mixed-use with hotel, condos, restaurants - Houston Business Journal (bizjournals.com) "Mohamed Eldawy, through his new company, Royal Crown Enterprise LLC, last month purchased about 16 acres on the western-most edge of the Seawall from members of the Maceo family, a famous Galveston clan that goes back to the island’s gambling and bootlegging era of the early 20th century." The site would be built out in three phases. The first would begin sometime next year. Phase I -Bars & restaurants built "around a courtyard" - per the article -10 to 12 story condo tower (270-300 2 and 3 bedroom units) Phase II -7 story senior living building (80 1 and 2 bedroom units) -7 story hotel (120-150 rooms) Phase III -2 building, 270 unit apartment complex of unknown height
  23. Houston Methodist leases 75K-SF in TMC's new Helix Park campus - Houston Business Journal (bizjournals.com) "Houston Methodist signed a 75,800-square-foot lease at Dynamic One, one of four industry research buildings on the 37-acre Helix Park campus, for new research laboratory space. Transwestern, which handles leasing for Dynamic One, said the lease spans two floors in the building." This brings the building up to 57% leased per the article.
  24. Generation Park's Center for Biotechnology breaks ground - Houston Business Journal (bizjournals.com) "Houston’s biomanufacturing talent pipeline will soon get a shot in the arm thanks to the future Center for Biotechnology at San Jacinto College, which broke ground on Jan. 26."
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