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Found 20 results

  1. phttp://www.bizjournals.com/houston/news/2015/12/15/river-oaks-shopping-center-might-add-residential.html
  2. Crescent Communities second multifamily project for Houston. Crescent plans to start 10 new developments this year and 10 more next year for a total of 7,000 units and $1.4B of construction. That includes Crescent Northgate (rendered here), a 300-unit community underway near the Hardy Toll Road and Grand Parkway intersection close to Exxon’s campus. It’ll deliver in late 2016. Crescent also owns a site in the River Oaks District (at Westheimer and Willowick) that it’s holding for future development. Brian tells us about half of the upcoming projects are in Southwestern markets like Phoenix, Denver, Houston and Dallas that weren’t in vogue compared to primary markets when the firm started lining up sites five years ago. Read more at: https://www.bisnow.com/houston/news/multifamily/big-change-crescent-communities-delves-into-multifamily-45856
  3. Highland Village is one of the best shopping areas in Houston. I think that Houston needs more of theses type of shopping areas. I just wish that the shopping was closer to the road (More Urban), but it's great how it is. Does anyone know of any new shopping areas going up that area comparable to Highland Village?
  4. A multifamily building is proposed for the River Oaks area at the corner of Mimosa & Revere. SubdivisionPlatPDF_1031-14.pdf
  5. Walled in compound for sale. Is this Kenneth Schnitzer's former residence?
  6. Here is the JLL listing. Outdated, as it was sold, not leased. https://powersearch.jll.com/us-en/property/24184/3723-westheimer-road-houston
  7. I am sure this is somewhere on the going up, but I couldn't find it. Does anyone know how tall the new complex will be? I would guess Avalon Diner will be next to go.
  8. 7-story medical office with retail proposed for River Oaks. https://www.citylandsinvestments.com/investments/
  9. Proposed development at 3601 West Alabama. SubdivisionPlatPDF_19.0051-001.pdf
  10. OMG! That is right near my rental units on Mimosa. I have 4 units, no wonder HAIFers are calling me. They are next the The Womens Center parking lot before it dead ins.
  11. Proposed multifamily project in River Oaks on Mimosa Street, near Spann Street. SubdivisionPlatPDF_MimosaTerrace.pdf
  12. I heard today that all the tenants were told to move out by Sept. This 17 story building is a rental. I wonder of it will be made into condos or what will happen. Renderings and info: http://www.bizjournals.com/houston/news/2015/06/18/sales-tostart-soon-for-luxury-condominium-project.html
  13. So, I just heard from someone this afternoon that the entire block bounded by Bammel, Sackett, Earl and Philfall is under contract with Borlenghi. No confirmation if that is who actually has it under contract (I hope so) but supposedly the tenants have until the end of the year to vacate. This is the block of bungalows that have been used for years as offices. Would be a great location for a highrise. Can someone confirm?
  14. A 750' foot building dubbed Artesian Eclipse is proposed for Welch Ave near Persa St! This area was opposed to San Felipe Place, imagine how they'll feel about this one! FAA Filing below, the building will not begin construction until June 2017. https://oeaaa.faa.gov/oeaaa/external/searchAction.jsp?action=displayOECase&oeCaseID=268113805&row=8 SubdivisionPlatPDF_Artesian Eclipse_plat_04-07-2014.pdf
  15. swamplot.com/hines-plans-a-shiny-new-18-story-office-building-across-san-felipe-from-river-oaks/2013-05-16/
  16. Someone mentioned this in the development thread, and I can confirm this will be going up. Official announcement and construction will begin this quarter, didn't get the exact location.
  17. This was reported by Nancy back in October and now it is on the planning commission agenda. The Village of River Oaks http://blog.chron.com/primeproperty/2013/10/retirement-community-planned-for-river-oaks/
  18. Guest

    Gables River Oaks

    Jennifer Dawson Houston Business Journal From the February 18, 2005 print edition An upscale inner-city sports landmark is about to become a high-end complex for apartment dwellers. Gables Residential Trust has gained control of the old River Oaks Tennis Center and will replace the courts with a multifamily complex in one of the firm's favorite Houston neighborhoods. Gables purchased two acres and executed a long-term ground lease for another four acres on the west side of Kirby between Kipling and Westheimer. The Hanover Co. was set to acquire one of the tracts at one point, but the apartment developer decided not to pursue the project. The estate of William Dickey sold the smaller tract holding the tennis courts that stretches west to Virginia Avenue. Members of the prominent Dickey family wanted to retain ownership of the property fronting Kirby, so they leased land occupied by the tennis center and a Jalapeno's restaurant. The family of William Dickey, who died in 1999, has owned the River Oaks Tennis Center since 1890. The club has been located at this site for more than 25 years, but was closed in 2000. The Houston family has controlled most of the land along Kirby between Westheimer and West Alabama for more than a century. During his lifetime, Dickey constructed many of the homes in the Avalon residential neighborhood, shopping centers on both northern corners of Kirby and Westheimer and the Regency House high-rise. The recent transactions involving Dickey land closed Jan. 31, but both parties are keeping a tight lid on the financial details. Representatives from the Dickey family and Gables were unavailable for comment. Ed Wulfe of Wulfe & Co. represented the Dickey family, but would not comment on the land values due to a confidentiality agreement. But given the River Oaks location, Gables more than likely paid a premium price for the site. Industry speculation suggests that Gables may erect at least one high-rise, high-end apartment building, and the entire project could eventually have more than 700 units. Long-term perspective The Kirby area is definitely an attraction for the publicly traded real estate investment trust based in Boca Raton, Fla. Gables is building a 144-unit complex at on Revere near Kirby called Gables River Oaks that is scheduled to open soon. The firm is also planning to build a smaller complex, with only 27 units, at 2620 Kipling near Kirby. The firm's existing complexes in the area include Gables Cityscape at 3720 West Alabama near Timmons and Gables Citywalk/Waterford Square at 2828 Greenbriar near West Alabama. Richard Zigler, director of research for O'Connor & Associates, says it is interesting that Gables would concentrate several projects in one area, but points out that it's a tremendous area. "There's not a lot of undeveloped land in that area," says Zigler, referring to the Dickey site. "You're right on the edge of River Oaks there. It's a prime location." David Wylie, a broker with Apartment Realty Advisors who specializes in selling apartment complexes, says the latest projects by Gables confirm the REIT's commitment to Houston, despite a soft rental market. "I know that Gables has a very long-term perspective on the market," he says. "They buy great long-term locations." Vacancy rates in apartments will continue to rise in Houston as developers build between 12,000 and 15,000 new units annually. In the past year, occupancy levels have dropped from 90.10 percent to 87.57 percent, according to O'Connor & Associates. Third-quarter 2004 data from the firm shows overall monthly rental rates were 79 cents per square foot. Rental rates for Class A properties specifically were $1.04 per square foot. Pat O'Connor, speaking at a recent event, predicted the downturn in the apartment market won't hit bottom until late 2005 or mid-2006. It will take five to eight years to recover after that, he added. "We're certainly not lacking for new apartments," notes Zigler. "Having said that, a lot of these new projects are doing quite well." As of last July, Gables owned 85 complexes with close to 24,000 units nationwide. At that time, the firm had nine communities under development, representing another 2,388 apartments across the country. Gables has at least 18 properties in Houston, not including the ones under development. jdawson@bizjournals.com -- 713-960-5935
  19. Check out the new book from University of Texas Press on River Oaks and Highland Park http://utpress.utexas.edu/index.php/books/ferhig
  20. There is a great new website about River Oaks Elementary, with a history of the neighborhood, of the school, and a large collection of class photos from the 1930's through the 1970's at http://riveroaksalumni.org
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