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toxtethogrady

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Posts posted by toxtethogrady

  1. If this gets built, it would guarantee that 5 Allen does not. Which honestly is the best case senario. 5 Allen would be an ideal spot for a super tall - 100 story mixed use tower!

    I don't think we can say for sure without a reading on the absorption numbers over the next few quarters. Currently, there appears to be a shortage that the next couple of buildings in the pipeline will fill. Since I think the absorption patterns will continue, I would say this one's probably going to be postponed a year or two rather than cancelled outright.

     

    But no 100-plus tower is coming. Not unless it's mixed use.

  2. it seems like a horrible place for an apartment complex with elevated freeway on two sides.  will it be affordable housing maybe?  i certainly wouldn't plop down market rates for that locale.  soundproofing seems like a necessity.

    I seem to have recalled the permit for the place hit the HBJ. I think it is a wrap.

  3. Ate lunch at Treebeards today and I parked by this project. Was funny to watch two construction workers fight... one worker got a little too close to another one with a street sweeper and the other one took it really personally. Pushed him off the sweeper too!  :rolleyes:

     

    I sure hope this is not demonstrative of the talent available in the labor pool. It's bad enough that I once went up in a tower under construction with a worker who was just arriving at the jobsite fresh from a DUI hearing. :wacko:

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  4. 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.

  5. Why Dallas? wouldn't Houston's economy be more vulnerable considering its economy is mainly based on one industry? 

    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.

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