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toxtethogrady

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Everything posted by toxtethogrady

  1. Somebody at the Downtown forum hosted by BisNow claimed there are only three blocks remaining for office towers within the CBD. I'm not sure how much basis in fact there is for this assessment or even what is considered to be the Central Business District, but it surprised me.
  2. Nice stadium. Do you think the team will bother to at least show up for their next game there?
  3. Any reason why that backhoe is sitting in a pond?
  4. Oh, dear. That name is persona non grata in this town...
  5. I'm also a little skeptical of any sort of "crash". 2014 was supposed to be the year the Houston economy hit the "pause" button, but hiring in the oil and gas sector added 5,000 jobs to the economy in the last two months, and there will be a lot of design engineers working on a lot of chemical plants over the next three years, so the party may continue for a while. That is, until this town gets too expensive to live in.
  6. One would think. But Dallas' economy is highly sensitive to dot-com busts and sheds a lot of jobs at the drop of a hat. I think they are more construction-leveraged than Houston. We saw that in 2001 and again in 2008. Oil, by contrast, has been holding up real well.
  7. We will all be calling it the Turducken before long. Especially if UH continues to suck fumes against UTSA.
  8. Here's an update: ...Data from the Greater Houston Partnership also shows the the city of Houston hit another record in July for building permits issued. This includes a 27 percent increase for residential permits. Under construction (red dots on map): Projects: 85 Total units:23,781 Recently opened (Green on map): Projects: 72 Total units: 19,923 Proposed Construction (yellow on map): Projects: 61 Total units: 18,065... http://blog.chron.com/primeproperty/2014/08/multifamily-construction-projects-spread-over-houston-region/#26279101=0
  9. If it's just Houston that's getting expensive, it will hamstring some of the buildings being proposed downtown. However, if Chevron gets done spending on that $60 billion Australian gas plant, they might start looking at Houston again.
  10. Well, it's something, but then we've seen dates busted before. I'm guessing nothing until Q2 of next year.
  11. Are they kidding? US GDP figures just came out at 4.2%. The latest Texas Labor Market Indicator showed Houston has created 110,000 jobs YOY. Shouldn't a 2016 crash be a concern some place like Dallas?
  12. 10%? I've been hearing costs have gone up almost 50%. And there are labor shortages. I wonder if any of those kids from Honduras know how to swing a hammer.
  13. This one started life as 2x12. When the renders came out (shown on Page 1), it looked like 8. I'm not sure who got the idea it was 21, but it appears that the idea all along was for 8 stories - possibly in one monolithic building spanning two city blocks. Oh, well...
  14. Well, the article says it's started. Now if this were DC, that H-E-B would be on the first floor.
  15. Geez - everyone's looking for progress on building proposals that were announced in January. Considering some projects often don't start for years after announcement, a project doesn't die if it hasn't made any progress in 8 months...
  16. One would think, but not everything out there is suitable. I see empty auto showrooms on the North Freeway, but nobody's in a hurry to redevelop them. But that could change.
  17. The second time was before Skyhouse River Oaks was announced. But yes, this has made the rounds.
  18. HBJ is reporting from other sources that Houston is on a pace to build 30,000 homes this year - a record. Add that to the 18,000 apartments and it's still not enough.
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