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Hogg Building


rsb320

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They put up a new awning on the south/Prairie side of the Hogg Palace yesterday. It's black with zebra print trim, with a fancy R printed on it. It does not appear to be in the same, larger space where a restaurant was most recently, but another smaller space on the side.

'R' anybody in the know?

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Interesting--I didn't know he owned this building. Saw Randalll Davis on local news recently, being interviewed down in Galveston at Diamond Beach--and I couldn't help but notice that he is quite the small man. Was it just the TV? Cuz he looked about 5 feet tall. Hmm. Now I remember the (horribly named) 'Titan' highrise that fell through. I believe it's Niche who occasionally mentions developers/architects and their size metaphors. Somehow it all makes sense, now.

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  • 2 months later...

I made another pass. Looks like its going to be a bridal shop. The "bar" is actually just their sales counter. The thing is filled with different dresses now.

Yes, it's a male dress maker, gurl. wink.gif I think he and his State Trooper partner live in that building. Those dresses look exclusive and expensive.

Edited by rsb320
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Interesting--I didn't know he owned this building. Saw Randalll Davis on local news recently, being interviewed down in Galveston at Diamond Beach--and I couldn't help but notice that he is quite the small man. Was it just the TV? Cuz he looked about 5 feet tall. Hmm. Now I remember the (horribly named) 'Titan' highrise that fell through. I believe it's Niche who occasionally mentions developers/architects and their size metaphors. Somehow it all makes sense, now.

He's probably a few inches taller, but yeah, he is a short guy. I must admit surprise that he'd allow himself to be filmed in a context that revealed his stature. Whether or not his ad copy or aesthetic preferences make any sense in a historical context, he's usually very diligent where image management is concerned.

...and yeah, kylejack, trying to get market intel out of his staff is like pulling teeth.

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  • 4 years later...
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No matter. I welcome the diversity.

 

Definitely beats an empty building. Interesting spot for high end specialty retail-ish. They have the store in the River Oaks shopping center too.

 

I have never heard of anyone buying a new piano, maybe I run in the wrong circles.  

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Apparently Forshey Piano is not selling Steinway any longer. I guess they have become too pricey for the casual piano shopper - new studio models start around $10,000 and the "mighty" Model D Concert Grand is north of $50,000 these days. I notice the new establishment is "by appointment only" too and that is probably a good location being as it is near the performing arts district.

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Apparently Forshey Piano is not selling Steinway any longer. I guess they have become too pricey for the casual piano shopper - new studio models start around $10,000 and the "mighty" Model D Concert Grand is north of $50,000 these days. I notice the new establishment is "by appointment only" too and that is probably a good location being as it is near the performing arts district.

 

Forshey liquidated their Steinway piano inventory last year and and has switched to German Schimmel pianos in Houston TX. 

I think both brands have always been too pricey for the "casual" piano shopper ;-)

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Steinway sold its longtime home in NYC, Steinway Hall, last year as well:

 

http://cityroom.blogs.nytimes.com/2013/03/26/steinway-to-sell-its-famed-showroom-building/?_php=true&_type=blogs&_r=0

 

Followed by the sale of the entire company to a hedge fund (Paulson & Co., after they agreed to pay more than Kohlberg):

 

http://www.nytimes.com/2013/07/13/arts/music/notes-of-sorrow-in-changes-at-steinway.html

 

I'd speculate that these developments may have been related to Forshey's exit as a Steinway dealer. 

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  • 5 years later...

Historic downtown Houston lofts sold to Austin co.

https://www.bizjournals.com/houston/news/2019/07/09/historic-downtown-houston-lofts-sold-to-austin-co.html

 

Quote

 

Houston-based Randall Davis Co., the developer behind some recent high-rise condo projects in Houston, has sold the historic Hogg Palace Lofts to Kline Properties of Austin, according to a press release from JLL.

 

JLL’s Chip Nash and Bob Heard and Houston Income Properties’ Jim Hurd and Bishale Patel represented the seller.

 

The purchase price was not disclosed, per the release. However, the Harris County Appraisal District valued the 0.6-acre site and its 139,362 square feet of buildings at $11.72 million in January, up 22 percent from 2018. The property, at 401 Louisiana St., takes up half a block.

 

The Randall Davis Co. bought the building in 1994, according to HCAD, and converted it into lofts in 1995, per the release.

 

Edited by ekdrm2d1
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  • 2 weeks later...

New owner tells renters at historic downtown apartment to vacate

https://www.houstonchronicle.com/business/article/New-owner-tells-renters-at-downtown-apartment-to-14266811.php

 

Quote

Shortly after Hogg Palace, a 79-unit downtown apartment building, was sold last month, some tenants were told their leases were not being renewed and they have to be out within 60 days.

 

Tenant Rob Greene has been paying $1,850 per month for his 1,000-square-foot one-bedroom apartment in the eight-story building. Greene, who has lived there for just over a year, was one of the tenants who received a notice from the landlord to vacate. He said he wasn’t surprised.

Edited by ekdrm2d1
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I bet that they are upgrading the property, but doing it in phases. The property must be able to compete for a higher paying tenants to earn its full potential. Hogg Palace a great building, with unique units in a great location, but it’s dated. Surely the new owners will go for top tier. 

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1 hour ago, Triton said:

Seriously hope this is only a reno, but with this being Houston, would not be surprised if it's a teardown and a new building.

So I did some more digging and with this being designated a historic Texas and national landmark, there's no way they would be able to tear this down. 

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That's too bad  the tenants are having to vacate so quickly, but this would be an awesome boutique hotel that pays homage to Houston's history.  If they put a lot of money into this, guests would pay a high nightly rate.  Downtown needs more hotel rooms in Market Square.  This size building reminds me of a boutique hotel I recently stayed at in Minneapolis called The Hewing Hotel.  It was awesome and I was told it was the most popular hotel for younger clientele in the city, I can't wait to stay there again.  Something similar to the Hewing Hotel would be ideal for this block and be great for this area of downtown.

Edited by CREguy13
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I highly doubt the new owners are going to tear this down. Especially a pair of developers from Austin. It’s way too charming of a building and it’s a national historic landmark. If there’s any trend we’ve all noticed the past few years is that lots of older buildings are being renovated. I expect this to compete with what’s around it once the developers renovate. 

Edited by j_cuevas713
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53 minutes ago, CREguy13 said:

That's too bad  the tenants are having to vacate so quickly, but this would be an awesome boutique hotel that pays homage to Houston's history.  If they put a lot of money into this, guests would pay a high nightly rate.  Downtown needs more hotel rooms in Market Square.  This size building reminds me of a boutique hotel I recently stayed at in Minneapolis called The Hewing Hotel.  It was awesome and I was told it was the most popular hotel for younger clientele in the city, I can't wait to stay there again.  Something similar to the Hewing Hotel would be ideal for this block and be great for this area of downtown.

 

I strongly prefer residents to hotel guests downtown. Creates a more vibrant neighborhood and community. I like hotel development downtown but would never want to see a residential building flip to hotel. 

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If someone were going to redevelop a half block, there are arguably three or four of them that are currently vacant within two blocks of the Hogg building with another just completed structurally, but not built out/occupied (Lyric Market). If Randall Davis were willing to sell a (presumably) income generating property for less than whoever owns the Houston Ballet half block lot or the Chase Bank drive through lot, that would be the problem of which any tear-down plan would only be a symptom.  If the Hogg lofts were losing money for Davis, that's another rather larger problem for DT residential.  

 

The Icon and Lancaster are right there, not sure what their occupancy rates are, but the immediate area is pretty good for boutique hotels.  

 

My guess/hope is that they are keeping up with the Joneses and offering a product that will compete with Aris, Preston, and MST.  The rents those guys are asking have to be tantalizing. 

Edited by Nate99
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Pure speculation here, but... I wouldn't be surprised if there were a significant number of tenants bailing on their own because of the Hines building going up next door, making it a good time to get out and put the money to another project.  Friends who live / lived there frequently complained about the noise from Market Square Tower being built across the street; a bigger building starting inches away certainly wouldn't be a welcoming prospect for sleeping.

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9 hours ago, downtownian said:

 

I strongly prefer residents to hotel guests downtown. Creates a more vibrant neighborhood and community. I like hotel development downtown but would never want to see a residential building flip to hotel. 

Completely agree on residences over hotel guests.  We don't know the sales price, but the amount of luxury residences going up in the neighborhood with more amenities, higher floor levels, etc make you wonder what the demand for living is for an older mid-rise building that doesn't have the same historical significance of a Rice Lofts or Texaco building.  If true about residents being given 60-day notice, it'll likely get coverage quickly and hopefully the developer discloses their plans.

 

I'd love any great renovation of a historical building that improves and expands the neighborhood.  I really enjoyed my stay at the Hewing and wish Houston had a similar hotel downtown. I admit that after the thought of a conversion, my bias took over...

 

https://www.cntraveler.com/readers-choice-awards/united-states/midwest-top-hotels

 

 

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9 hours ago, downtownian said:

 

I strongly prefer residents to hotel guests downtown. Creates a more vibrant neighborhood and community. I like hotel development downtown but would never want to see a residential building flip to hotel. 

 

Why do you think residents make a more vibrant neighborhood? I am genuinely curious, this is something I've thought about. It seems to me that hotel guests are always going out to restaurants since they don't have kitchens in their rooms, so that adds vibrancy, while a certain number of apartment or condo owners will just stay tucked away or perhaps have multiple residences and only occupy their flat on certain days/weeks out of the year. At the same time though, having residents creates relationships and community that are perhaps more healthy for building the fabric of a neighborhood.

 

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14 hours ago, downtownian said:

 

I strongly prefer residents to hotel guests downtown. Creates a more vibrant neighborhood and community. I like hotel development downtown but would never want to see a residential building flip to hotel. 

 

I guess it actually has happened before recently enough with the SpringHill Suites in the Humble Oil complex . . . what were those apartments called?  Not sure if that was short sighted or not.

4 hours ago, H-Town Man said:

 

Why do you think residents make a more vibrant neighborhood? I am genuinely curious, this is something I've thought about. It seems to me that hotel guests are always going out to restaurants since they don't have kitchens in their rooms, so that adds vibrancy, while a certain number of apartment or condo owners will just stay tucked away or perhaps have multiple residences and only occupy their flat on certain days/weeks out of the year. At the same time though, having residents creates relationships and community that are perhaps more healthy for building the fabric of a neighborhood.

 

 

With hotels you do have seasonality and swings based on the day of week.

 

But of course with all I've read on downtown living units becoming "second homes" for suburbanites on the weekend, I'm not sure it's any worse.

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2 minutes ago, mattyt36 said:

 

I guess it actually has happened before recently enough with the SpringHill Suites in the Humble Oil complex . . . what were those apartments called?  Not sure if that was short sighted or not.

 

Also, the Great Southwest Building was originally going to be renovated into apartments but then there was an ownership change and it is now a Cambria Hotel.

 

https://www.hotel-online.com/press_releases/release/brief-report-historic-downtown-tower-could-become-luxury-hotel-by-2019/

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6 hours ago, downtownian said:

 

Also, the Great Southwest Building was originally going to be renovated into apartments but then there was an ownership change and it is now a Cambria Hotel.

 

https://www.hotel-online.com/press_releases/release/brief-report-historic-downtown-tower-could-become-luxury-hotel-by-2019/

 

The SpringHill Suites actually WERE apartments for a good 15+ years though, right?

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