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Found 23 results

  1. Colorado Group Plans $80M Mixed-Use, Infill Project By Jennifer D. Duell Last updated: July 19, 2005 08:23am HOUSTON-Within three years, a mixed-use project is expected to rise on Block 98, a piece of vacant land adjacent to the new city park and the George R. Brown Convention Center. Two companies from Colorado Springs, LandCo Properties LLC and Equity Edge LLC, have formed a partnership to transform the 1.5-acre tract into two residential high-rises with ground-floor retail space. Block 98 is bordered by Rusk, Crawford, Walker and LaBranch streets near Toyota Center. Each tower will contain 150 units that will be priced "for the young, single professional," says Michael Raider, LandCo's COO. He tells GlobeSt.com that construction will begin in about three years. "That's when the market will be ready," he says, explaining one tower will have rental housing and the other will be condos. "I am not sure that we'll break ground on both towers at the same time." Raider, a Houston native, was eyeing Block 98 about a year before he closed the deal with Crescent Real Estate Equities Co. for $6.5 million. "We see Houston as Denver about seven years ago with the new light rail, entertainment and park creation. Denver is just a huge residential market right now," he says, "and we think Houston is following right behind it." Raider's not yet selected the project architect, but says he's hoping to use a local firm. The partnership, Block 98 Partners Ltd., obtained a $4.9-million loan from Southern National Bank of Texas to acquire the land. Tucker Knight, a director with Holliday Fenoglio Fowler LP's local office, arranged a three-year bridge loan with an adjustable interest rate. The Block 98 development will be the second project that LandCo has tackled in Houston's CBD. The company recently acquired the former Days Inn Hotel at 801 St. Joseph Parkway for redevelopment into 251 luxury apartments and retail space. Construction is scheduled to begin in early 2006, with units delivering in early 2007.
  2. It's interesting to note that the surface lot across from this just went on the market. http://www.loopnet.com/Listing/SEC-WESLAYAN-W-ALABAMA-Houston-TX/11813599/
  3. New multifamily building proposed by Trammell Crow residential for the area bounded by Memorial, Sandman, Scotland and Reinerman St. Currently listed on the Planning Commission Agenda's Spreadsheet. http://mycity.houstontx.gov/plattrackerreports/rptDraftAgendaItems.aspx https://www.google.com/maps/place/Sandman+St,+Houston,+TX+77007/@29.7635894,-95.4126925,258m/data=!3m1!1e3!4m5!3m4!1s0x8640c74b3214cd73:0xc8d1c02665434a86!8m2!3d29.771178!4d-95.411564
  4. TCR is planning a multifamily complex near CityCentre, here's the site: http://devmap.io/developments/alexan-citycentre
  5. Near Minute Maid Park and adjacent to the 28-story Marquette building: 6-story, 267-unit residential building Developer: Trammell Crow Residential Est. construction start 3Q 2014 Est. completion 1Q 2017 http://www.downtownhouston.org/site_media/uploads/attachments/2014-05-08/140505_Downtown_Houston_Development_Map_11x17.pdf
  6. The Blair House Apartments on Academy are to be redeveloped with a
  7. lockmat

    Alexan 5151

    This is on HFF's website up for sale as part of Lakes on Post Oak site. https://www.hfflp.com/GetDocument.aspx?ID=91126&FN=Lakes+on+Post+Oak+Land+flyer.pdf&DT=1
  8. This one will be similar to Alexan Heights, maybe a few floors taller. http://www.alexanheights.com/alexan-yale-street/
  9. 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
  10. nate

    Alexan Midtown

    Sad for the fire museum, but nice to see a vacant lot on Main get developed. Read more here: http://www.houstonchronicle.com/news/houston-texas/houston/article/Fire-museum-plans-doused-by-lack-of-funding-4927493.php
  11. kbates2

    Alexan Midtown

    I couldn't find anything on this and just read about it this morning. http://www.houstonchronicle.com/news/houston-texas/houston/article/Fire-museum-plans-doused-by-lack-of-funding-4927493.php?cmpid=btfpm#/0 That article on the Fire Museum's plans says that they are selling the land to Alexan. "Money for those improvements should come from a pending sale of the museum's planned building site, a 1.44-acre tract at Main and Hadley for apartment development. M. Scot Davis of Trammell Crow Residential said the high-end project, Alexan Midtown, will have five stories of apartments atop two levels of parking. Davis said the average 850-square-foot unit will lease for about $1,700 a month. Sale of property is to close on Monday, Davis said. Construction of the 215-unit complex should begin in January, with the first units ready for occupancy in early 2015."
  12. s3mh

    Alexan Heights

    Sign is up seeking to consolidate a number of lots into a single unrestricted reserve. Nothing up yet on the Planning Commission agenda. Looks like most of the land is owned by Pappas, but only some of it is being used as a lot for their trucks (and for HPD speed traps). I doubt Pappas would develop it into a restaurant. Looks like too much land and Pappas has mostly been expanding in the burbs recently. My guess is that the land has been sold and someone else is going to develop. It is a bit of an odd shaped parcel. Kind of skinny, but might be a backward C shape if the vacant land on Allston is also in play. Of course, my wish would be for a mixed use development with 2-3 stories of residential on top of ground floor retail. There is a little cluster of retail north of 7th on Yale St. and Dry Creek across the street on 6th that could create another little retail enclave in the Heights. I doubt that it would happen because there are still pads for lease across the highway in Ainbinder and Orr's developments with rumors of another strip mall going in at SJ Stone. My guess is townhome cluster (Frank Liu-esque) or multi-family. Weekly is doing a big townhome project on TC Jester at the old elementary school site and has a little lot of town homes going in up the street from the site seeking a variance. I could see something like that happening. Of course, given the current trend inside the loop, a pencil box apartment complex is also a predictable use for the site. But, it is a bit odd shaped for what developers and lenders are looking to build inside the loop these days.
  13. Construction fencing has gone up along the southwest corner...a pretty large expanse of land that stretches from what used to be a gas station west to past what used to be a La Quinta (that motel is still standing). I'm hearing rumblings of mixed use, similar to CityCentre. Anyone know anything about this?
  14. Alexan coming to the energy corridor. http://www.yourhoustonnews.com/memorial/news/alexan-enclave-coming-to-energy-corridor/article_eb8391f3-e597-591c-bda5-7f37603b6e9d.html
  15. Looks like Alexan is building an apartment complex in the musuem district per the Hou Planning Commission. It's in keymap 493w which is more or less bounded by Richmond to the north, just east of spur 527 exit to the east, Bissonnet to the south and the Rothko Chapel area to the west. More or less the map below.
  16. The Allusion West University is going to replace the old Courts at West University. Allusion will be 231 residences. Six stories - four residential over two parking. Linky: http://blog.chron.com/primeproperty/2012/10/developers-move-ahead-on-luxury-complex-near-west-u/
  17. OK, I'm SO not a rental apartment type of person, but the Alexan Lofts are pretty darn cool. I have a couple of friends who live there, and they seem to be high quality and very urban (unlike the new construction pseudo-lofts in other parts of downtown). Apparently, they were lofts before the management company took them over and renovated, but I'm not sure. The only major downside, apart from the lack of retail, is the proximity of the well-used train tracks. I can't imagine that those trains are quiet as they come roaring just feet from the building at all hours of the day and night. My friends say they are oblivious to the sound, but still....I guess that is why they are rentals and not individually owned. Does anyone else know of cool, not-as-well-known loft rentals? It might be good to get a list going to show that there is more to the downtown area than Post, Rice, and Calais! Travelguy_73
  18. 13 reported that the alexan complex had 43 car windows broken overnite. they are currently reviewing video from the complex to see whether they may have captured the culprits at work.
  19. Guest

    Alexan Silber

    "The defunct Courtesy Chevrolet dealership -- which fell victim to the Katy Freeway widening project last year -- will soon become the site of hundreds of luxury apartments. The Chevrolet dealership was well known because it had an advertising jingle promoting its high-profile site -- 7777 Katy Freeway. Now, up to 400 residents could have that catchy address when the apartment complex is finished in June 2009. Trammell Crow Residential broke ground at the site on Halloween on its latest Alexan-branded apartment complex. Located on the busy freeway near Silber, the Alexan Silber will have 402 apartments described as ultra Class A by the Atlanta developer. The complex will have four floors of residential surrounding a five-story parking garage. The project will include two pools, a 6,800-square-foot clubhouse, fitness center and wine tasting room. Designed by Wallace Garcia Wilson Architects Inc., the stucco and brick exteriors will have a traditional feel." Bizjournal article. It's nice to see the feeder roads being used for something other than garrish retail. Having a view of the rat race could be interesting as long as the noise could be lessened somehow, although I'm thinking that's something that can only partially be cured and would become only white noise after a time.
  20. http://www.globest.com/news/houston/ "JV Unveils 630,000-SF Energy Center Plan HOUSTON-Looking to invest $750 million to $1 billion into a spec class A office development program, Trammell Crow Co. and Principal Real Estate Investors are rolling out their first local project: two buildings, totaling 630,000 sf on 9.4 acres. The Energy Center will be the submarket's first class A office development since 2000. Based on today's construction costs for upper-end class A space, the 330,000-sf first phase most likely will cost $60 million to $70 million to get out of the ground. A September groundbreaking is planned for the 13-story building along Eldridge Parkway between Dairy Ashford Road and Katy Freeway. It's estimated the spec project will take a year to 14 months to deliver. ...."
  21. I recently noticed that a chain link fence has been erected around 1111 Post Oak Blvd. This is the very old and recently vacated apartment complex directly west of the McDonalds. Does anyone know what they are going to do with that land?
  22. Richmond just east of Kirby across from the VW dealership, a crane went up for a project called "Alexian" It has 207 units and is street front. The billboard had a picture, it look about the size of the new "Empire".
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