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Found 20 results

  1. Interesting new article: http://www.dmagazine.com/publications/d-ceo/2014/september/why-investors-are-flocking-to-downtown-dallas Huge corporate campuses are being built in the northern suburbs, and Uptown office buildings are securing record-breaking rental rates. But the biggest commercial real estate story in Dallas may be the revitalization of the city’s urban core, where a staggering number of redevelopment projects are setting the stage for a major transformation. Activity is focused on the city’s center, the area between Pacific Avenue and Main, Commerce, and Elm streets. Sales volume in the core is “off the charts,” says Jon Altschuler, partner at Altschuler and Co. Even more noticeable, he says, are the capital improvements new property owners are making. “When I step out of Thanksgiving Tower and head in either direction, it feels like I should be wearing a hard hat,” he says. “There is so much construction activity. Welding, banging, building—you can tell it’s going to be a different streetscape in 18 months.
  2. About 2 weeks ago, I noticed fencing had gone up around the Shell station near the corner of N Durham Drive and N Loop West. Within a few days, equipment had been brought to the site and the station was demolished. I haven't had the chance to take any pictures of the activity, but they have removed almost all of the building above ground and are now working on removing the remaining structure underground. Does anyone know if there is a project scheduled to go up on this site? (If this topic has been touched upon in another thread, it would be great if someone could link it here.) Here is the site: https://goo.gl/maps/iCPmBW81wcq.
  3. The big, incomplete, interactive map of what's going up in Houston has been updated to include the JPMorgan Chase employee daycare center at Main and Bell. http://maps.google.com/maps/ms?msid=206730043409095570269.0004a96360f502ee46915&msa=0&ll=29.753867,-95.36695&spn=0.00367,0.0039
  4. If you travel on the southbound frontage road near the Baybrook mall, you can see all sorts of land being cleared and concrete padding being poured. This appears to be different from the mall expansion that just finished. I'm just wondering what else could be going up...
  5. There is ground work happening at the corner of Spring Cypress and Skinner Roads in Cy-Fair Town Center. Any know what's going in? NewQuest sold the development to Inland American (http://inlandamerican.propertycapsule.com/properties/40040102/#overview) a few years ago. Neither company lists this activity. Inland plans show the area as part of the parking lot but it's still grass.
  6. http://www.chron.com...ss/7603762.html I'm curious what a Hines multifamily complex would look like. Here is the 16-story one in Chicago... http://chicago.curbed.com/archives/2011/04/01/demolition-underway-at-old-town-site-construction-imminent.php#n-wells-demolition-6
  7. Got this press release in the e-mail yesterday: Funds Granted to US 290 Corridor Improvements "Projects allow TxDOT to provide congestion relief for US 290 commuters." HOUSTON - The Texas Department of Transportation's (TxDOT) Houston District is excited to announce that at its monthly meeting, the Houston-Galveston Area Council's Transportation Policy Council approved the several improvement projects along US 290, which will help ease congestion along the corridor. These projects are moving forward utilizing Proposition 12 bond funding previously allocated by the Texas Transportation Commission. First is the US 290/BW 8 interchange area, known as Project G, which includes (1) the construction of a continuous frontage road along BW 8 at US 290, (2) construction of collector-distributor lanes on US 290 from W. Little York to FM 529, and (3) construction of the US 290 mainlanes and frontage roads from W. Little York to FM 529. Project G totals $144 million and is tentatively scheduled to go to contract for construction in July 2012. Second are the Transportation Systems Management (TSM) projects along US 290 between Eldridge and Cypress Roshill/Fry Road. TSM is a program to reduce congestion and improve traffic flow through freeway operations improvements. These projects, totaling $6.5 million, include: . US 290 intersection improvements at SH 6, Spring-Cypress, Skinner, and Cypress Rosehill-Fry. These will include dedicated right-turn lanes on both sides of US 290 at SH 6, as well as new left-turn lane options. . Intersection improvements on the US 290 eastbound frontage road at Eldridge, including a dedicated right-turn lane onto Eldridge. . Addition of an auxiliary lane on US 290 eastbound between Telge and Huffmeister. . Addition of the US 290 westbound frontage road at Barker-Cypress. TxDOT estimates the TSM projects will go to contract for construction in July 2012. Once these projects are complete, they will enhance traffic flow along US 290 easing the commute for motorists. The reality of the transportation funding crisis still presents real obstacles for advancing the US 290 Program. With the projected cost of the US 290 corridor improvements totaling $2.8 billion, there is still approximately $1.4 billon of the program unfunded. Despite these funding challenges, TxDOT continues to move forward utilizing the resources we have currently to bring congestion relief to commuters.
  8. From our partners at Covering Katy: Linky: http://www.coveringkaty.com/2012/08/22/more-luxury-apartments-on-the-way-in-cinco-ranch/
  9. Linky: http://www.bizjournals.com/austin/blog/real-estate/2012/09/groundbreaking-imminent-for-skyhouse.html
  10. Linky: http://www.statesman.com/business/real-estate/developer-unveils-new-details-about-planned-tower-at-2399700.html?ana=e_aus_rdup&s=newsletter&ed=2012-06-15
  11. The Chronicle has the scoop on a new master-planned community on the Vaughn Tract in Montgomery County -- Think I-45 North Freeway at Grand Parkway. The developer is Toll Brothers, a pretty large national builder. It bills itself as a "luxury" homebuilder, but then they all do.
  12. This was mentioned in another thread but it definitely deserves it's own thread. The plans to reconstruct Bagby to help make Midtown a more pedestrian friendly area are being scrapped. http://innerlooped.com/1840/very-bad-news-for-bagby/#comments The Director of Public Works, Daniel Kreuger wants to make Bagby a three lane street to help make cars move faster. This will obviously mean there will be less room for expanded sidewalks and improved landscaping that were originally planned. Commuters interests' are once again being accomodated instead of the interests of residents, pedestrians, and small businesses. To me, it makes no sense since Bagby has always been a fast moving street in the first place. I guess they want cars to drive 45 mph instead of 35? Apparently, the fight is not yet over. http://innerlooped.com/1851/bagby-street-hoopla/ If you feel as angry as I do, please email the mayor, Annise Parker and the director of public works and tell them how you feel about making Bagby a 3 lane road before it's too late. Public works director Kreuger: pwe.director@houstontx.gov Mayor Parker: Mayor@houstontx.gov
  13. GlobeSt has the story of a new 17-story residential tower at 3030 Carlisle in Dallas called The Taylor: Linky: http://www.globest.com/news/12_339/southwest/multifamily/StreetLights-Residential-Breaks-Ground-on-First-Multifamily-Property-321041.html
  14. Linky: http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Petrochemicals/6202631
  15. BisNow's newsletter contains a blurb about Katy Main Street starting phase two of development. Phase 2 is about 86 acres in size. BisNow is e-mail only, so no there's no link action to be had. But you can sign up for it here: http://www.bisnow.com/
  16. Austin is going to turn its old water treatment plant into a half-billion dollar development with a pair of 30-story towers. http://www.statesman.com/business/developers-lay-out-500-million-vision-for-old-2255598.html?ana=e_aus_rdup
  17. Got this press release in the e-mail today. ------------------------------ METRORail Construction Nearly Halfway East End Line Station Construction Now Underway Construction progress for three new METRO light-rail lines is more than 45 percent complete and expected to end in time for 2014 service dates. Station construction is already underway for the first three rail stations on the East End (Green) Line - which will connect to the existing Main St. (Red) Line. Station progress was at eight percent on February 20, 2012 and includes work on EaDO/Stadium Station, Lockwood/Eastwood Station, and the Coffee Plant/Second Ward Station. “We’ve achieved a noteworthy landmark on this major undertaking for Houston’s future,” said David Couch, senior vice president, capital programs, METRO and director of the METRORail expansion project. “Light rail is transforming the city with economical, fast, safe and environmentally-friendly transit options. We are excited to see this progress.” The stations are a contemporary design, with steel beam columns supporting a glass canopy. The EaDo/Stadium Station is located at Texas and Bastrop, in front of the BBVA Compass Stadium where the Houston Dynamos are set to begin playing this May. The station’s center platform design allows riders to board from either side. On Harrisburg, the Lockwood/Eastwood Station platform is taking shape with two separate platforms, one for each direction. Construction has also begun on the Coffee Plant/Second Ward Station between York and Hutcheson. METRORail’s Central Station Main, which will be located at Main Street and Rusk, will feature its own unique architectural style to showcase its’ prominence. Arts in Transit METRORail’s Arts in Transit program will transform new stations into art landscapes. Each station will showcase unique and original art from 22 artists, including 20 from the Houston area. “The Arts in Transit program brings art to each station that reflects the character of its surrounding neighborhood,” said Couch. “This program enriches our communities with a wide variety of art that enhances the appearance of the stations.” With artwork from local artist Dan Havel, the EaDo/Stadium Station will include original designs that celebrate Houston’s sports teams: the Texans, Astros, Dynamos and Rockets. “The windscreen images depict a moment during all the games where a catch is made, reflecting the concept of the public using the METRO light-rail station to catch the trains or catch the action at a nearby game,” said Havel. The Lockwood/Eastwood Station will feature artwork of starling birds from Ryan Geiger. Painting from his studio in Houston’s Eastwood neighborhood, Geigerdraws inspiration from the birds that inhabit his inner-city yard. “My desire is to illuminate the Lockwood/Eastwood station with the beauty that I find just a half a block away,” said Geiger.
  18. Does anybody know what's going on at the former Texadelphia site on Rice Blvd.? It appears that the space is being merged with the neighboring Thai place that shut down a while back. The Texadelphia sign is still up...I'm really hoping they're just expanding because I miss my pizza-steak sandwiches!
  19. Got this e-mail today. Here's its web site: http://www.freeportlng.com/ --------------------------------------- Freeport LNG Expansion, L.P. and Zachry/CB&I Joint Venture Sign Front-End Engineering and Design Contract for Development of Freeport Liquefaction Project near Freeport, Texas Effective January 30, 2012, Freeport LNG Expansion, L.P. (Freeport LNG) and a joint venture comprised of Zachry Industrial, Inc. and CB&I Inc. (Zachry/CB&I Joint Venture) entered into a Front-End Engineering and Design Contract (FEED Contract) for the engineering and design of the Freeport Liquefaction Project near Freeport, Texas. Under the FEED Contract, the Zachry/CB&I Joint Venture will engineer and design three LNG liquefaction trains (each rated at 4.4 million tons per year) and corresponding pretreatment facilities to be located near the existing Freeport LNG Regasification Terminal that is owned and operated by Freeport LNG's parent company, Freeport LNG Development, L.P. Within the three-train design, the Zachry/CB&I Joint Venture will develop a fixed price/fixed schedule proposal for both a one-train initial development and a two-train initial development. This optionality will provide Freeport LNG with the ability to choose the optimum size of the initial phase of the project based upon customer demand and financing considerations. In addition, the design of the three-train project will allow for the efficient expansion of additional liquefaction train(s) and pretreatment facilities after the initial development has commenced. Zachry and CB&I are world-class engineering and construction companies, and each company has significant experience in the LNG industry, particularly along the U.S. Gulf Coast. Zachry was a member of the consortium that designed and constructed the Freeport LNG Regasification Terminal, thereby giving Zachry a thorough understanding of the infrastructure in the existing facility as well as the local area's accessibility to labor and supplies. In 2010, CB&I completed the turnkey design, engineering and construction of a similarly-sized LNG liquefaction train near Lima, Peru utilizing technologies and design requirements similar to those anticipated for the Freeport Liquefaction Project. In addition, CB&I recently completed the design, engineering and construction of the Golden Pass LNG Terminal located near Sabine Pass, Texas.
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