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Found 18 results

  1. NRP Group is developing a 4-Story and 326-Unit multifamily project in the Energy Corridor. https://www.nrpgroup.com/ Apparently it's the old Kickerillo family mansion. http://www.city-data.com/forum/houston/2850981-rumor-mill-what-will-built-site.html The Kickerillo family mansion, a 12000+ sq feet 1970s contemporary sitting on several acres of land at the west end of Memorial Drive, has just been demolished after flooding badly during Harvey (the entire property sits within the 500-year floodplain).
  2. Subdivision plat filed by Urban Genesis for a multifamily project at the corner of Wood & Walnut Streets. SubdivisionPlatPDF_CS 19074-PLAT_v1.pdf Currently, a warehouse sits on site.
  3. Proposed multifamily by Urban Genesis at 2100 N Shepherd Site SubdivisionPlatPDF_Waterworks Highline II North_Plat.pdf
  4. Beautify the `superblock' and watch the Midtown area's tax base grow By DAVID CROSSLEY Copyright 2004 Houston Chronicle News Services Often we hear in Houston that it's "too late" to do something that would have great positive impact on quality of life. We are approaching one of those moments. Two years ago, I proposed that a new urban park be created on the Midtown "superblock" on Main Street abutting the McGowen rail stop. This four-block long property with no streets crossing it has been the subject of a hunt for the right development project. I felt that no urban development really needed that kind of configuration, and indeed that much space with no pedestrian ways across it so close to a rail station would be terribly counterproductive. The only thing that really makes sense there is a great public park. Many creative people put a lot of energy into the idea, which we tentatively called McGowen Green. The proposal, which was accompanied by exciting drawings from Kevin Shanley and SWA Group, McGowen Green would be urban amenity, tax revenue source seemed to catch fire for a while. But a Chronicle article last week (``Ideas filling vacant block / Some see park, others see urban oasis in Midtown, Aug. 31'') indicated that the board of the Midtown Redevelopment Authority (MRA) is acting to convey its interest in the property to Camden Property Trust, which already owns about half of it. Camden apparently intends a large apartment project there, probably with some retail or artist space on the ground floor. This is a real shame for a lot of reasons, not the least of which is loss of significant future tax revenue for the city. Parks are the greatest of urban amenities, and properties adjacent to them tend to rise in value faster than other properties. With a lush river garden ambience surrounding a formal boat pond and promenade, McGowen Green would produce the highest value center in the Midtown district, and in time one of the most important in our city. To my knowledge, the MRA board hasn't expended any energy exploring the benefits of a park or the creative means to finance it. A lot of the important work to determine how parks affect real estate has been done by Dr. John L. Crompton, a Texas A&M professor knowledgeable in the economics of park development. Crompton's studies reveal that people will pay more for property close to parks than for property that does not offer this amenity. This means they pay higher property taxes. In effect, Crompton says, this represents a capitalization of park land into increased property values of proximate land owners. Crompton calls this the ``proximate principle.'' If the incremental amount of taxes paid by each property attributable to the presence of a nearby park is aggregated, he argues, it will be sufficient to pay the annual debt charges required to retire the bonds used to acquire and develop the park. As it happens, the board of the MRA is the same board as the Midtown Tax Increment Reinvestment Zone, or TIRZ. One of the purposes of a TIRZ is to increase property values during its lifetime (in this case 30 years) so that the city receives greater revenues from the district once it begins to pay full taxes. Most people who do projections on land values would say that the increase in taxes coming from the four-block Camden project would be dwarfed by the taxes of developing - at a much higher value - the 14 blocks surrounding a park on that property, not to mention the second tier of properties in the next ring of 22 properties. The public interest clearly will not be reasonably served by encouraging the Camden project, which should be developed on several of the blocks surrounding the park. And why does an apartment project in an urban place need to have continuous land without cross streets? A four-block long apartment project would create a horrible pedestrian environment, and one of the goals for Midtown has been walkability. In his ground-breaking book Cities in Full, Steve Belmont says that neighborhoods deprived of natural features are severely handicapped in the competition for middle-class households. He cites examples showing that a well designed and maintained park can substitute for natural features as the heart of a thriving neighborhood. He also claims that for a neighborhood on the path to revitalization, [a park] represents a prudent investment with the power to attract affluence, and he notes that it takes relatively few affluent newcomers to reverse the negative image of a derelict neighborhood. Last spring, my organization, the Gulf Coast Institute, distributed hundreds of postcards urging Mayor Bill White to pursue the development of McGowen Green. These were signed by nearly 500 people and mailed. Surely, before it is too late, the mayor and City Council (the property is in Councilmember Carol Alvarado's district) should have a look and determine whether the long-term interests of the city are best served by a great urban park or by another apartment project. Midtown needs an important park that people will actually use and that will draw tourists to the area. The park would be a gift to future generations that cannot be given later. Link
  5. Google Maps doesn't know where the address is. Architect - https://wpartnership.com
  6. http://www.houstonchronicle.com/business/columnists/sarnoff/article/Washington-Avenue-landmark-trades-hands-after-6133766.php?t=a2a5247845&cmpid=twitter-premium
  7. http://www.houstonchronicle.com/business/real-estate/article/Grocers-Supply-warehouse-on-Interstate-10-to-5079374.php?cmpid=btfpm
  8. This could be worthy of a new topic, but regardless I found out what the 2nd midrise will be... There's an ugly, overgrown lot at North Braeswood & Main (east side of Main) that I walk by almost daily on my way to the trails - they've been using it as a staging ground for the re-surfacing on Main, and I noticed there was no longer a for sale sign. "AHC South Main LLC" closed on the property on 5/19/16. I couldn't figure out what exactly that was but a managing director for Allen Harrison Co. (AHC) signed one of the documents. I'm not sure if this will be deleted, but I was able to read the article Urbannizer referenced from March without a subscription (just had to put in my email): I kept reading that as 7 stories, but sounds like it will actually be 11 floors total Edit: Sorry, that's just 1 of 2 midrises. The other will be a 5-story complex on 3 acres in the Heights (per the article)
  9. Does anybody know what's going on here? It's right on the red line and the block has had some activity recently.
  10. Swamplot is reporting that Hines is buying up property near the relatively new Asia Society Texas Center to construct a 20 to 22 story apartment tower. Swamplot article
  11. 0' setback variance being requested for 5-story apts at Smith, Elgin, Louisiana and Rosalie. 2-story garage under 4 floors of apt space. Trees along Smith, Elgin and Louisiana to be preserved. New trees to be planted on Rosalie. "Windows facing the street will encourage residents to take "ownership," or responsibility for the sidewalk and the street." variance request: http://goo.gl/ao5ou see page 70ish map: http://goo.gl/tnKso
  12. Does anyone know what is going up? I noticed the crane earlier this week on my way to school. The location is between Buffalo Speedway and Kirby on the south side of 610, almost adjacent to Reliant Stadium.
  13. I'm guessing this will be multi-family, considering the company. They are also listed on the Planning Commission Planning Agenda for 4/14. The "company" listed is Brown & *** Engineers, the Developer, The Morgan Group. http://www.morgangroup.com/
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