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toxtethogrady

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Everything posted by toxtethogrady

  1. Well, the second Hotel ZaZa appears to be on a slow track, but we still have the first. It's Houston vs San Francisco, baby; let no one doubt our mojo.
  2. Houston appears to be affected by two different market forces. First, the market has suffered at least a couple of noticeable busts in the early '80s and again in 2001, and all the developers swear they're never going to make that mistake again. Second, Houston has seen an awful lot of little-to-midsize projects - 100 to 300 rooms per hotel and plenty of offerings in the $100-200 a night category. The Marriott Marquis had to be solicited. The downtown residences had to be incentivized. New York and Chicago (and to some extent San Francisco and Miami) have no choice but to build upward; they don't have the room. Houston has the room, so 19 million sf of new office space is getting built in 15-30 story increments all over town. This is why I don't see another supertall anytime soon. World class development just isn't going to happen as long as there are too many opportunities for developers to make money building smaller projects.
  3. There's a big splashy ad in today's HBJ for this property. Now 17 stories and 430,000 sf. The incredible shrinking office building.
  4. With all that happening on the avenue, developers should be making ground level space for retail all along Rusk. It would change the character of the street.
  5. It would be a record-breaker for a property sale in this town. Everything else to date has set a record.
  6. A bit related -- I went looking for a previous thread on the High School for Health Professions after seeing the following item in the HBJ. WHR, which seems to have done quite a few medical and educational projects (and just got acquired) is designing it: http://www.bizjournals.com/houston/blog/2014/10/new-health-care-high-school-to-rise-in-houstons.html As is typical of HBJ, their pictures can't be displayed elsewhere... http://www.bizjournals.com/houston/blog/2014/10/new-health-care-high-school-to-rise-in-houstons.html?s=image_gallery
  7. Word from the realty report is Hines is asking $50 a sf for this one.
  8. You have no idea what they're burying. And in related news, someone in town might have Ebola.
  9. I don't ever remember that lake being there. Must have been the trees. Everything is so lush and green - like Kuala Lumpur.
  10. Christus is a big organization in its own right, I don't think they are strapped or looking to sell. The holy fathers in Denver would not agree to it.
  11. Maybe they'll great creative and cover the Montrose facing side with murals, a la Mexico City.
  12. What Super Bowls? There are rumors SxSW is getting too big for Austin and is looking for additional space...not necessarily in Austin.
  13. I went back and reviewed the original proposal; the design was actually not the greatest even back then. But the nifty sleight of hand with the garage on the first few floors appears to have shrunk the leasable space. And the name change sucks.
  14. That's okay, MetroNational is throwing up an office building over at Memorial City.
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