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toxtethogrady

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Everything posted by toxtethogrady

  1. Projects like that would create the density. As it is, a lot of inner Loop blocks are being filled with rowhouses on small lots, so density can't help but go up.
  2. Well, the ZaZa seems like the one that should be shaped like a highball glass - although I thought those were shorter.
  3. They could build it like the Towers of London. Or like that place in St. Louis; in 20 years, they can have fun imploding it for a Life Magazine spread.
  4. So you want projects priced at $2.00 a square foot instead of $2.80?
  5. So are there any renders of the project or is it going to look an awful lot like Mark Wallace? And my second question is a pre-empt: is it going to have GFR?
  6. Incidentally, if some of you are wondering why your favorite project isn't going up as fast or as soon as you hoped, Bloomberg might have an explanation... "...At Houston-based Camden Property Trust (CPT), one of the biggest U.S. apartment owners, half of 14 projects under construction or being leased for the first time are as much as six months behind schedule because “we don’t have enough workers,” Chief Executive Officer Ric Campo said. Competitors are so brazen that recruiters will venture onto Camden work sites, he said. “We have had situations where people have pulled up and said ‘Hey, I’ll pay you $100 cash right now if you come to my job,’” Campo said. He estimated that labor costs are helping boost building expense 5 percent to 15 percent. Signing BonusesJockeying for Houston workers goes beyond energy, according toRay Perryman, president of Waco, Texas-based economic consultant Perryman Group. Construction and even restaurant employees have received signing bonuses, he said by e-mail..." http://www.bloomberg.com/news/2014-11-19/wages-poised-to-rise-as-signs-emerge-of-improved-u-s-job-market.html In other words, if you can swing a hammer (or master a nail gun or a cordless screwdriver), they need you.
  7. Speaking of losses, did this project lose a floor in just the last fifteen minutes (or are my eyes deceiving me)?
  8. So can we assume that some of those tenants on the east side of the building will get a view of the Astros blowing yet another late inning lead?
  9. Farb Montrose? Swamplot reports this is what will take the place of the Hollywood Vietnamese, which will be a memory by the day after Thanksgiving... http://swamplot.com/apartment-block-planned-for-montrose-and-fairview-replacing-hollywood-vietnamese-and-parking-lots/2014-08-14/
  10. He's complaining about inflation as if it's a national thing, when the likely truth is it's just the local conditions in Houston. Which I guess are being duplicated in Dallas, Austin, New York, San Francisco and anywhere else where construction labor and materials are in short supply (in other words, the boom towns). I doubt this is happening in Detroit. After all, gasoline's down to $2.29 a gallon somewhere in Spring, Texas.
  11. As I recall, they were going to double-deck portions of 610 to add more lanes. Though in true TxDOT fashion, they may end up being HOT lanes.
  12. "Reasonable" and "HOA" are two words I never thought I'd see in the same sentence, considering the average HOA in Texas is more rapacious than its counterparts in northern Virginia.
  13. From the photos Dierker posted, Houston really looks like a beast. There's no moving on 610, is there?
  14. Here's the Bloomberg interview: http://www.bloomberg.com/video/tilman-fertitta-real-estate-crash-like-1986-coming-j2rFvvu~Rbq87Gyv1G9Ryw.html
  15. Did anyone see the Tilman Fertitta downer of an interview on Bloomberg? Based on what Swamplot's reporting ("national real estate crash starts in Houston", "inflation is huge", blah, blah, blah...), I have to wonder if this project is headed for the back burner. http://swamplot.com/tilman-fertitta-sees-and-smells-a-nationwide-real-estate-crash-starting-in-houston/2014-11-14/
  16. Seems like a lot happened after I went to bed. "Indefinite", though, means we're still in the holding pattern.
  17. I got a look at the HBJ article. Ten different projects right out of the box is impressive. http://www.bizjournals.com/houston/news/2014/11/13/new-developer-launches-10-residential-projects-in.html
  18. That's exactly the reason I think the hesitancy on the part of some multifamily developers is overdone. The numbers are in line with almost 20,000 units absorbed in a year, and some of the highrises will take two years to build. What's in the pipeline will barely cover it.
  19. All of them are beginning to look similar to what Hines is planning in Market Square. I've stopped being surprised. Someone needs to come up with the EB-5 scratch to make the Helix in its original form a reality.
  20. It's nice - looks sort of Adams Morgan DC. And it probably rents for $2.80 a sf.
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