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DrLan34

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Everything posted by DrLan34

  1. The Midtown Redevelopment Authority plans to hold a groundbreaking ceremony for Midtown Park — the site commonly known as the SuperBlock — next week. Midtown Park is a six-acre site that will be developed into a mixed-use facility including a public park, retail space, residential facilities and a public parking garage, according to the Midtown Redevelopment Authority. The organization is developing the site, bordered by Main Street and adjacent to McGowen Street Rail Station, with Houston-based developer Camden Property Trust (NYSE: CPT). The Midtown Redevelopment Authority is developing the public park, retail and parking garage, while Camden is developing the multifamily residential project, Camden McGowen Station. The groundbreaking is scheduled for May 28, and Midtown Park is expected to be complete in late 2016. Camden began work in 2014 on the $90 million Camden McGowen Station, an eight-story, 315-unit apartment complex along Main and McGowen streets near downtown Houston. The Midtown Redevelopment Authority project consists of two park spaces covering a total of three acres, including food and beverage anchors, pedestrian-oriented streetscapes and the underground parking garage, which will have 400 spaces. The retail plaza will take up half an acre adjacent to McGowen Street and will include a restaurant and kiosk. The 2.5-acre greenspace south of the multifamily development will include a great lawn and a pavilion and stage structure.
  2. Camden McGowen Station Developer: Camden Units: 315 Move-ins: January 2017 C amden boldly started its Midtown community amid falling oil prices at the end of 2014. Since little else started around that time, CEO Ric Campo says there will be a gap in deliveries in 2017, and this property will be there to fill it. Read more at: https://www.bisnow.com/houston/news/multifamily/montrose-still-has-a-huge-pipeline-45952
  3. The team has also restored the surrounding buildings from the turn of the century, and next up it's restoring 3617 Main across the street—the building was the original location of the Alley Theatre. https://www.bisnow.com/houston/news/multifamily/montrose-still-has-a-huge-pipeline-45952
  4. Axis Developer: JLB Partners Units: 368 Move-ins: January 2016 JLB Partners had to start all over when Axis burned down only a few months before delivery. It got right back on track though and is plowing along for the second time. https://www.bisnow.com/houston/news/multifamily/montrose-still-has-a-huge-pipeline-45952
  5. http://www.bizjournals.com/houston/morning_call/2015/05/how-a-houston-apartment-developer-secured-a.html Morgan approached the popular Austin-based grocery giant about a year ago after the developer purchased a full Midtown block on Elgin Street, between Smith and Brazos streets. Although Whole Foods was interested in the 260-unit apartment site, the land was too small to support a 40,000-square-foot grocery store, Patton said. Morgan didn’t give up, however. Several months ago, the developer acquired a half-block to the north of its Midtown site and worked with the city of Houston and the Midtown Tax Increment Reinvestment Zone to close Rosalie Street running between the two parcels and create one large tract large enough for a Whole Foods. The purchase price for the two parcels was not disclosed.
  6. From what I understand, there are no sign ordinances against residential buildings or hotels in downtown which is why Houston House has a sign and so does Embassy Suites. I could be wrong though...
  7. Looks like the store might face Elgin with a car entrance on Smith. This looks like what is shown in the rendering too based on the location of downtown. (also might have an entrance off Smith since it expands into the corner at Elgin and Smith) http://swamplot.com/new-midtown-whole-foods-market-will-stand-apartments-on-its-head-shut-down-a-street-become-center-of-universe/2015-05-08/ "The view is across Elgin St., with a high-ceilinged vehicle entrance coming in off Smith, a one-way street with traffic flowing south."
  8. http://blog.chron.com/primeproperty/2014/08/multifamily-construction-projects-spread-over-houston-region/#26279101=6%C2%A0
  9. http://swamplot.com/downtown-barbara-jordan-post-office-on-franklin-st-will-close-forever-on-may-15th/2015-05-06/ - THE U.S. POSTAL Service plans to end all retail operations at its flagship Downtown Houston post office next Friday, May 15th. - P.O. box service has already been relocated to the Sam Houston Station in Midtown, at 1500 Hadley St. - The USPS has placed the entire 16-acre property surrounding the building up for sale, but has not yet announced a buyer. The postal service has also indicated that it “anticipates demolition” of the structure.
  10. http://www.houstonarchitecture.com/haif/topic/29976-pearl-on-smith/#entry453808 There use to be a sign on the site saying they were requesting to close down Rosalie street.
  11. As of yesterday, one of the employees told me they will all be moving to the 1500 Hadley location in Midtown in two weeks.
  12. http://swamplot.com/why-superblock-construction-is-moving-superslow/2015-05-04/
  13. Plant something to make it look nice... but yes, it would be a waste of money from the developer's perspective.
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