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Everything posted by toxtethogrady

  1. On the other hand, I hear the oil industry and the chemicals people are trying to fill almost 300,000 job vacancies in the next three years, and they're not sure they have people with the skills to take them. Why not teach these street people welding and stick them out on a rig for $80K a year?
  2. For now. But Downtown Houston is 90% occupied, which is the highest it's been in decades. I keep hearing large contiguous blocks of space are hard to come by, and absorption is on a pace to clear out the regional inventory of new development in less than three years. So by the time this one's finished, its time may have come.
  3. Or they can pull a "Rick Perry" and start poaching tenants from other parts of the country (which is the only way Dallas can add billion-dollar corporate citizens). So how fresh is that update? Seems like the size of the project has yo-yo'ed a bit - starting at 50, then going down to 40 (and in some renderings, even as small as 20), and now back to 50. Brookfield must still be looking for that 'sweet spot'.
  4. Hmm, I sense an apprentice program would create the talent. But I guess the non-union projects won't ever have anything like that.
  5. I suppose JLB could rename them the Axum Apartments. The Ethiopian community might appreciate it. http://en.wikipedia.org/wiki/Axum
  6. Talk to Bob McNair about this. He's been known to fund a theatre project when he's bored with the Texans.
  7. I've seen many concert venues and most of them suck. Some are not more than four walls and a roof. It's more what goes into it than what the outside looks like.
  8. So we have a name, but no renderings. It's always hard to associate a name without a face.
  9. I have no sympathy for these guys. If they want to control development, they should support zoning.
  10. My later re-reading of the news article indicated Pegstar is only temporarily in the Fitzgerald's space and that this is an entirely separate venue for them. They will vacate Fitzgerald's for this new place.
  11. That's odd. My experience with construction projects is it usually takes longer the more money you spend... Can anyone confirm labor shortages? It's been suggested as the reason some other projects in town aren't getting started as fast as anticipated.
  12. As I understand it, JLB's awaiting the structural report on the garage before they move. If they're smart, they're going to have redesigned this complex with concrete firewalls and maybe even metal framing so it won't completely burn to the ground just because someone is sloppy at sweating pipes.
  13. Supposedly that terrace is designed to set the mood so that when the Partnership brings that executive from the latest prospective Fortune 1000 up there, they'll be ready to sign on the dotted line.
  14. You see - this is how we know it's a real project.
  15. Seems odd they'd buy a second plot rather than build taller.
  16. HBJ is reporting that JLB, the developers behind the Axis, which burned to the ground leaving only a garage, plan to rebuild, though they still don't know if the garage is structurally sound enough to remain. http://www.bizjournals.com/houston/blog/2014/08/developer-plans-to-rebuild-after-montrose.html?page=2
  17. I can't quite tell how it fits into the neighborhood, but it looks good. I'd love to see what they do with the creek that runs through the property. It will also be interesting to see what kinds of development will follow (restaurants, apartment blocks, etc.). With the light rail nearby, it should be a good location for additional projects, but the locals may end up priced out of the neighborhood.
  18. Yep - five levels of apartments wrapped around a garage...
  19. It looks exactly like the render for the Uptown Park highrise. Well, almost exactly. Things that make you go "hmmm..."
  20. Hilcorp is an independent oil and gas company. The property is being developed by Hines. I think the entire building will be occupied by Hilcorp.
  21. Okay, so it's the principle of the thing... At the end of the day, I don't see any impediments to this thing being built. Unless the developer starts getting cold feet...
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