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  1. Earlier this year, there was a news item that Occidental (Oxy) was in talks to buy Conoco's (now ConocoPhillips) old headquarters on Katy Freeway. More recently the business media has reported that Oxy has put all of their Greenway Plaza space up for sublease and that the space will be available when Oxy moves to a "a newly constructed, owned property to the west.” Of course, not a single business reporter in this town has managed to discover or, so as we know, even inquire about, WHERE Oxy is building their new headquarters, how big it might be, who is the architect, etc etc. Has anyone heard anything?
  2. Monday, October 22, 2007 - 2:58 PM CDT Houston developer begins new office buildings Houston Business Journal - by Jennifer Dawson Reporter Early success of the DNA Westway I office building in West Houston has prompted developer Dienna Nelson Augustine Co. to begin construction of two additional office buildings at a cost of $100 million in the Westway Park business park. Houston-based Dienna Nelson Augustine broke ground two weeks ago on DNA Westway II and III, which will contain a total 436,200 square feet of Class A office space. The 13.5-acre tract where the two offices are being built was the last available parcel in the 150-acre Westway Park at Beltway 8 and Clay Road that was developed by Houston-based Wolff Cos. full story
  3. Ten Oaks is a new project by the Wolff Companies. It will be at the northwest intersection of IH-10 and Barker Cypress: From the website:
  4. 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
  5. Is there already a thread for this project? The article says it will be a $1 Billion mixed use project just east of BP and could include hotel, apartments, office and retail. http://www.houstonchronicle.com/business/real-estate/article/Exclusive-Big-real-estate-project-headed-for-5149772.php
  6. My nephew got to stay here when he interviewed with Transocean, had to pick him up. Architect - https://pflugerarchitects.com
  7. https://www.suebausa.com/under-construction/ https://www.bizjournals.com/houston/news/2021/02/05/sueba-usa-opens-multifamily-development-rosenberg.html
  8. Couldn't exactly figure out where this is. This is a new building for the Target shopping center?
  9. From today's Memorial section of the Chronicle. http://www.chron.com/neighborhood/memorial/news/article/Corridor-to-develop-master-plan-5576265.php The University of Texas M.D. Anderson Cancer Center is planning a West Campus along Park Row to the east of the Addicks Park and Ride.
  10. Two 12-story buildings close to being started on Shell's campus. http://www.bizjournals.com/houston/print-edition/2012/05/04/shell-close-to-construction-on-two-new.html
  11. http://www.chron.com/business/article/20-story-tower-planned-for-Energy-Corridor-3476117.php#photo-2806327
  12. The city of Houston has moved from BETA(+) to ALPHA(-) according to the Globalization and World Cities Research Network (GaWC). That's 6 spots higher to Number 35 in the World. ALPHA Class cities are defined as; cities that are highly integrated areas, filling advanced service needs. The index ranks cities’ current performance based on a number of metrics, including business activity, human capital, information exchange, political engagement and cultural experience. Houston has seen close to 700 different announcements in the region over the last 10 years of foreign firms saying they are going to invest in Houston. Things that bode well for the future of Houston, we are getting more interest from firms overseas investing or visiting or somehow doing business in Houston. Global Rankings for US Cities: ALPHA (++) = New York City ALPHA (+) = 0 ALPHA = Chicago, Los Angeles, Miami ALPHA (-) = San Francisco, Houston, Washington D.C. BETA (+) = Boston, Atlanta, Dallas BETA = Denver, Minneapolis, Philadelphia BETA (-) = Seattle https://en.wikipedia.org/wiki/Globalization_and_World_Cities_Research_Network
  13. Hi, A family member is considering contracting with a property manager to lease out their current home (gated, 2 story Tudor, 1 acre lot etc) with easy access to the energy corridor. Suggestions on which companies to go to - or to avoid? Also, what are the tax implications (property tax, etc) since this is currently a principal residence? (The person will be travelling for a while without any other principal residence). Thanks in advance!
  14. Yet another five-story wrap in the Energy Corridor by Trammell Crow. http://www.bizjournals.com/houston/morning_call/2015/03/dallas-developer-paves-way-for-new-luxury.html
  15. I don't know the location for this one. http://www.meekspartners.com/energy-core-apartments?c=T24tVGhlLUJvYXJkcw==
  16. Hey y'all. Thought I'd share some photos I took today of some new projects going up along Memorial Drive near Dairy Ashford. The Energy Corridor construction boom has really driven a lot of change in this area – especially compared to the past few years, which have been quiet. There's a local expectation that a lot of the garden apartments in the area will be eaten up by developers. The local Spring Branch schools have even discussed how the demographic shift will affect their student populations. Of course, this is all slightly controversial – there are some folks who are overjoyed at the prospect of these decaying and often crime-riddled complexes disappearing and others who are disturbed by the disregard for the lower-income families who are being pushed out of the area (the evictions were especially bad at Princeton Club a few months ago). This is a view of construction on the new "Aura Memorial" multifamily complex, just down the road from the recently-completed 7 Seventy complex on Eldridge. That parking garage is really monolithic; I feel kind of sorry for the people whose houses border it: Bordering this development is the former site of Princeton Club, which is still in the process of being torn-down. This will be replaced with 313 townhouses: Another view of the Princeton Club site. It's taken them a couple of months to clear out all the buildings: New retail going up nearby. This has replaced an old Citgo gas station: The stretch of Memorial from Eldridge to Kirkwood is slated for reconstruction starting next year. The City will be adding medians, new drainage and improved pedestrian amenities. You can read more about it here. A view down Memorial looking east towards Dairy Ashford (you can see the parking garage for Domain West rising in the background): Connell is developing the new Domain West complex. Four stories, 333 units. It's replacing a garden complex that was in really bad shape: Front view: I've also made a development map for the Energy Corridor which you guys can check out here. The Memorial superneighborhood also keeps their own map here, but it's not updated very frequently. Tried to make it as accurate as possible, but these projects aren't nearly as publicized as what goes on inside the Loop.
  17. This apartment property broke ground recently in The Energy Corridor. Slabs have been constructed. North side of Westheimer a few hundred feet west of Eldridge. http://www.meekspartners.com/parkway-flats?c=T24tVGhlLUJvYXJkcw==
  18. From Prime Property: ] http://blog.chron.com/primeproperty/2014/06/tiny-energy-corridor-subdivision-to-be-redeveloped-as-multifamily-project/
  19. http://www.gatewayparkhouston.com/ http://media.wix.com/ugd/4d691e_e92504dab75e44e4b8d6a83c1c11d7b1.pdf
  20. So my sister and brother in-law are starting to look at buying their first house, likely in the Katy area. I am not a real estate agent, and admittedly haven't spent as much time looking at the housing market as others on here. I am just concerned because of the volatility in the Energy Corridor and the effects it has on the Katy submarket. Especially the ripple down effect from oil dipping below $30 a barrel and the local office vacancies. How will this effect the area? Am i wrong in being concerned about them looking at buying a house in Katy? Why or why wouldn't it be a good place to buy a first family home, especially in this market?
  21. http://blog.chron.com/primeproperty/2013/12/piedmont-office-realty-trust-to-break-ground-on-office-building-in-energy-corridor/?cmpid=hpbn "The building will be built on a 4.7-acre site just north of Piedmont’s 1430 Enclave Parkway building. The project is south of Interstate 10 and between North Eldridge Parkway and Briar Forest Drive. Construction is scheduled to begin in March, with completion targeted in the second quarter of 2015."
  22. The firm has picked up the old Arco building on Memorial, just west of Eldridge and southeast of the Westway Park complex. They'll demolish the structure this Summer, and are said to be considering redeveloping the plot as new Class-A office & garage space. The deal was previously teased last November. Today's story: http://www.bizjourna...nt-site-in.html
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