Jump to content
HAIF - Houston's original social media

2929 Weslayan: 40-story Residential Tower by PM Realty


Recommended Posts

35 Storeys with 250 units? and "The Horizon" is going to be 21 storeys with 290 units...

I pass by this site regularly and didn't realize how small it is compared to the size of the proposed bldg. I imagine that the entire podium base will be the parking garage and with the unit count I can only imagine that at best half or a third of the site will hold the tower portion. I really had no idea the dirt was that pricey.

Very dense proposal but within walking distance to the Central Market. :P

Link to post
Share on other sites
  • Replies 931
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Popular Posts

2929 Weslayan by Bryan Malloch, on Flickr

Exterior lighting is back on tonight   http://2929weslayan.com/gallery

The ceiling of the valet parking area!     Roka exterior    

Posted Images

When was the last time you saw an inspiring residential tower outside of Dubai? Condos & Apartment buildings are fillers, not corner stones.

Vancouver (many). New York (8 Spruce and others). London (The Shard, Strata).

Residential buildings are only as boring as the local government allows them to be. In all of the above cities, new development must meet high design standards. Right now there's a 45-story apartment building in Chicago that's been put on hold because a local neighborhood group doesn't think it's flashy enough. The developer is trying to rework it.

Link to post
Share on other sites

Vancouver (many). New York (8 Spruce and others). London (The Shard, Strata).

Residential buildings are only as boring as the local government allows them to be. In all of the above cities, new development must meet high design standards. Right now there's a 45-story apartment building in Chicago that's been put on hold because a local neighborhood group doesn't think it's flashy enough. The developer is trying to rework it.

Well of course my statement was only a matter of opinion. The only thing inspiring about them is that they inspire me to make more money.

Marina City in Chicago is inspiring, but a by gone era. Residential can be flashy, I've seen some funky/cool places all over the world, but ” inspiring”, no.

Link to post
Share on other sites
  • 3 weeks later...

http://www.bisnow.co...ory.php?p=18322

PMRG (with equity partner INDURE Fund) is launching its first multifamily development in Houston, a 35-story high-rise at West Alabama and Weslayan. We chatted with PMRG EVP/CFO Roger Gregory and SVP Bryant Nail. Bryant says the neighborhood is big for them (they want to provide that live/work/play environment), so they love this site one block from Central Market. Roger adds that the West Inner Loop has over 94% occupancy, several quarters of rent growth under its belt, and only 185 units delivered this year. PMRG is working with RTKL to design the community, which will feature 250 luxury apartments and 12,500 SF of ground retail. Roger tells us they have two designs on the drawing board and are considering style and budget. This will be the tallest building in the area, so PMRG wants to build a timeless piece of architecture that really stands out. Presumably without being bright pink with flashing lights.)

hiline.jpg

Here’s 1400 Hi Line, PMRG’s project under construction in Dallas. It’s the firm’s second multifamily development in Dallas and it has a lease signed even though it hasn’t topped out. PMRG hasn’t selected a GC for its Houston project yet; construction should start in late spring/early summer 2012. Look for initial occupancy about 18 months after groundbreaking. The project’s retail component will be anchored by an upscale restaurant; the rest of the space will be service-oriented. ARA’s Tim Dosch and David Marshall repped the firm in its land acquisition.

Edited by DrLan34
Link to post
Share on other sites

Well that's good news...

but I have trouble envisioning a 35 story building on that piece of land with the number of lanes Weslayan and Alabama have currently... we'll see. I'll be eager to see the renderings of the two possibilities they are proposing.

this would be the tallest building between downtown and the galleria if built... I like the idea of it being mixed use, and ironic/poetic there being an upscale restaurant since that land was a restaurant before.

Hopefully this wont be another project to get scaled back... 35 story in the proposal, 9 stories by the time it actually gets built... hopefully not.

Link to post
Share on other sites

Well that's good news...

but I have trouble envisioning a 35 story building on that piece of land with the number of lanes Weslayan and Alabama have currently... we'll see. I'll be eager to see the renderings of the two possibilities they are proposing.

this would be the tallest building between downtown and the galleria if built... I like the idea of it being mixed use, and ironic/poetic there being an upscale restaurant since that land was a restaurant before.

Hopefully this wont be another project to get scaled back... 35 story in the proposal, 9 stories by the time it actually gets built... hopefully not.

that title goes to America Tower at 2929 Allen Parkway by a solid 8 (office) floors.

  • Like 1
Link to post
Share on other sites

At the end of the day, this could be a pretty good location. You're half a block from both the Central Market and the Rice Epicurian (God only knows how that place is still around). 35 stories with 250 units is less than 1200 Post Oak, which has 33 stories and 350 units (or more... I can't remember anymore, but it's 300-400). Wesleyan is 2 lanes each way, which should be more than sufficient to handle the traffic. This is an urban location, and while it's busy during rush hour, it's not a total fail. If you're going north on Wesleyan you may sit through 2 lights to cross Westheimer, but that shouldn't preclude additional development.

The location also has excellent access to Greenway, Highland Village, and whatever you want to call that development with the Buffalo Wild Wings / Panda Express / LA Fitness etc... With the other buildings across the street (8-12 stories) and the ATT abortion down Wesleyan (cement box with a top hat) I think this will be a welcome addition.

Link to post
Share on other sites

Traffic impact is a debatable issue when it comes to something like this. While residents come and go at all different times, the bottom line is there will be an increase in traffic from not just residents, but their guests, and building employees. Will it be marginal, yes. Will it have a huge effect, not really. Will rush hour still suck, absolutely.

I think these two improvements could make traffic here a non-issue:

-Re-top Weslayan, less braking for bumps helps. Widen slightly if possible... which would help the second issue I see:

-Being a superb location two blocks from 59, I'd be most concerned about the Southbound Traffic. Any traffic exiting would make a right, go northbound, and have to u-turn. If you've ever driven on this street or one like it with a skinny median, you know that an over sized vehicle or more than one person making the same turn during oncoming traffic can put one lane at a halt. Somehow reworking this street for better ability to u-turn would help.

BTW, this post is based on my assumption the entrance and exits to the parking will be on the Weslayan side and not the W. Alabama side, so pending that we will see.

For your analysis: The Google Map of this area.

Edited by Geoff8201
Link to post
Share on other sites
  • 2 weeks later...
  • 1 month later...

I like it too, with it being just down the street from me, I had my hopes there would be a decent design and not overdone.

2727 (will it ever get an official name??) is 30 stories, the first 6 being parking, and level 7 being the amenities. This beats it by 5 stories but we'll see how it does on height in feet cause 2727 had some high ceilings.

Link to post
Share on other sites
  • 1 month later...

All those buildings in the background don't exist, right? I'm assuming they're just to make their own building look more appealing and not an indication of future developments.

The flared glass at the bottom of the building looks pretty sweet.

Link to post
Share on other sites

All those buildings in the background don't exist, right? I'm assuming they're just to make their own building look more appealing and not an indication of future developments.

The flared glass at the bottom of the building looks pretty sweet.

Looks like the Pheonix Tower & Greenway Plaza.

  • Like 2
Link to post
Share on other sites

Looks like the Pheonix Tower & Greenway Plaza.

my first thought as well.

edit: i really hope this happens... the design is one of the first truly "interesteing" designs this city has seen in awhile. too often does this city get stuck w very safe and relatively benal architecture.

Edited by swtsig
Link to post
Share on other sites

haha. They just had to include a box-shaped building. Really nice design... this is one so far that would definitely be awesome to see built. Even at 35 stories, it's definitely going to stand out since there's no other tall building in the area, just how Anadarko in the Woodlands appears impressive since it only has low rises in the area next to it.

Link to post
Share on other sites

haha. They just had to include a box-shaped building. Really nice design... this is one so far that would definitely be awesome to see built. Even at 35 stories, it's definitely going to stand out since there's no other tall building in the area, just how Anadarko in the Woodlands appears impressive since it only has low rises in the area next to it.

I don't think it will stick out that much, more like 2727 Kirby. I like the ”skirt” as well, seems like a decent design, decent infill too!

Link to post
Share on other sites
  • 2 weeks later...
  • 4 weeks later...

If it says Coming 2013, that's the projected date for the building to be completely finished.

"Coming 2013" seems unrealistic for a 35 story building to be completely finished when as of now there is still an untouched plot. I believe Coming 2013 simply means this is when it will start, not when it will finish. 2727 Kirby as a comparison took over a year and a half from foundation to top off and almost another year for a finished exterior. That was 30 floors, this one is 35. I'd expect to see goings on picking up as this year goes on, and the beginnings of a foundation late this year at the earliest.

  • Like 1
Link to post
Share on other sites

2727 Kirby also saw its head developer die when only about a quarter of the project was completed.

It would be quick, but not unheard of, to be able to deliver high rise apartments by the end of 2013 if they start the project soon.

Link to post
Share on other sites
  • 2 weeks later...

According to this week's HBJ, PM Realty plans to break ground this quarter on the apartment tower.

The main article was about how PM Realty Group hired the guy away from The Woodlands Co. to lead their development team. Hidden in the article was a gem about PM Realty having two other inner loop sites in play for possible development.

Link to post
Share on other sites
  • 1 month later...
  • 4 weeks later...

Just passed by, there are workers on site and appear to be taking out some of the trees on the lot.

Concrete has been dug up in some portions and there are some big piles of sand. I'm not sure if it is related but in the parking lot across the street near the ATT building there is all sorts of metal part.

Regardless the prep work on this building seems to have started.

  • Like 1
Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...



×
×
  • Create New...