Popular Post ChannelTwoNews Posted August 1 Popular Post Share Posted August 1 https://www.bizjournals.com/houston/inno/stories/news/2023/07/31/carbon-capture-scs-ion-houston.html "SCS Technologies, a provider of carbon dioxide measurement and compression systems operating out of Big Spring, opened the office as part of the company’s plan to find partners in the energy transition space. A company representative confirmed to Houston Inno that SCS would begin its first phase in a 1,200-square-foot space with a planned expansion in November. The company will have six Houston-based employees in the Ion with plans to expand headcount to 20 in 2024." 11 Quote Link to comment Share on other sites More sharing options...
Caribomoa Posted August 16 Share Posted August 16 I recently went to Technology Square in Atlanta which is essentially Atlanta’s more established version of this. It would be hard to see Midtown Houston becoming as great as Atlanta any time soon. But I could easily see Ion District being better than Technology square if it does things right and goes to plan with the plaza and everything. 7 Quote Link to comment Share on other sites More sharing options...
ChannelTwoNews Posted August 21 Share Posted August 21 (edited) https://www.bizjournals.com/houston/inno/stories/inno-insights/2023/08/20/greentown-labs-houston-gm-corporate-vc-climate.html "Greentown Labs named its first-ever Houston general manager in August, and she plans to bring her experience in the corporate world to boost the incubator’s connections to venture capital arms. Timmeko Moore Love joined the Houston branch of the Somerville, Massachusetts-based climate tech incubator from Louisiana-based Entergy Corp. (NYSE: ETR). She worked in the company’s office in The Woodlands, where she headed up Entergy’s corporate venture strategy." Also related to Greentown https://www.bizjournals.com/houston/inno/stories/news/2023/08/17/greentown-labs-kevin-knobloch-new-ceo.html "After a national search that lasted months, Somerville, Massachusetts-based Greentown Labs has found its new leader. The largest climatetech incubator in North America, which has its second location in Houston, said Aug. 17 it appointed Kevin Knobloch as its next CEO. He plans to start on Sept. 5." Edited August 21 by ChannelTwoNews CEO link 6 Quote Link to comment Share on other sites More sharing options...
Brooklyn173 Posted September 1 Share Posted September 1 Another old Sears, but this time in Chicago. The original building looks similar to the Houston version. Just for your information. https://chicagoyimby.com/2023/09/facade-work-nears-finish-at-former-sears-in-90m-irving-park-revamp.html 2 Quote Link to comment Share on other sites More sharing options...
hindesky Posted October 7 Share Posted October 7 7 Quote Link to comment Share on other sites More sharing options...
ChannelTwoNews Posted October 9 Share Posted October 9 Greentown Labs picks up another partner - interesting project worth it's own thread. https://www.bizjournals.com/houston/inno/stories/inno-insights/2023/10/08/sky-h2o-water-generation-stations.html "The humidity wasn’t the only draw for SkyH2O. The company also joined the Houston branch of climate tech incubator Greentown Labs, where it currently has an office location. “I think it might be the best of all these different types of incubators,” von Welczeck said. “If you go across the country, most incubating-type facilities are underfunded; they don’t really have true industrial players. In Greentown Labs, you have Chevron, Shell, Aramco all there." 9 Quote Link to comment Share on other sites More sharing options...
004n063 Posted October 9 Share Posted October 9 2 hours ago, ChannelTwoNews said: "..they don’t really have true industrial players. In Greentown Labs, you have Chevron, Shell, Aramco all there." Ahem this is Fervo erasure. Quote Link to comment Share on other sites More sharing options...
Amlaham Posted Monday at 05:02 PM Share Posted Monday at 05:02 PM (edited) I'm not sure how related this is, but the Jack in the Box building across the street is getting renovated. Edited Monday at 05:03 PM by Amlaham 1 Quote Link to comment Share on other sites More sharing options...
strickn Posted Monday at 06:58 PM Share Posted Monday at 06:58 PM On 10/9/2023 at 10:32 AM, 004n063 said: Ahem this is Fervo erasure. Fervo is there too but the quotee probably would've gone on to mention Oxy and others before getting to Fervo, if that is your objection Speaking of Oxy, their landlord who owns the Greenway Plaza complex is in foreclosure, if Rice Mgt Co wants to try to reposition that whole complex bit by bit as Ion Jr. Quote Link to comment Share on other sites More sharing options...
strickn Posted Monday at 07:03 PM Share Posted Monday at 07:03 PM "[Greenway Plaza] was valued at just over $1 billion during the issuance of a $465 million loan in 2017. The property’s value has dropped to $425 million, $40 million below the current loan balance, which remains at its original level. The new valuation comes in at roughly $98.84 per square foot, a far cry from its previous estimated cost of $239.53 per square foot." https://therealdeal.com/texas/houston/2023/08/25/greenway-plazas-value-falls-60-percent-as-it-struggles-with-loan-maturity/ That would be a nifty turnaround if RMC thought that the pipeline of startup demand could be created, for sure. 1 Quote Link to comment Share on other sites More sharing options...
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