swtsig Posted January 27, 2013 Share Posted January 27, 2013 I've heard two are def getting off the ground this year. Link to comment Share on other sites More sharing options...
King Owl Posted January 28, 2013 Share Posted January 28, 2013 I've heard Chevron and Shell, from a guy who would probably know, but I'm not certain how sure he was about the Shell one. Link to comment Share on other sites More sharing options...
KinkaidAlum Posted January 28, 2013 Share Posted January 28, 2013 I've heard two are def getting off the ground this year. Excellent. My money bet would be; 1) Chevron. Everything is pointing to it. Major relocation of workers from California and both Enron Bldgs. so full that they have spillover into neighboring towers they do not own. I'd bet they want more consolidation. Plus, a trophy tower downtown would totally outshine the sprawling campuses their competition is building. 2) Skanksa. They have their own money for financing and it would be foolish to remove tenants if you don't have relatively firm plans to go forward. 3a) Hines. I'd like to put Hines above Skanska because Hines does quality work, but I've heard rumors they've cooled a bit on their other Main site @ Prairie. The "cooling" surprised me because BG Group Place is now 94% occupied.... not bad for spec. 3b) The Macy's site. Like Skanska above, it would seem odd to remove paying tenants from the Americana Bldg, the Macy's building, and to give up the cash a garage pulls in. Would hate to see these 3 demolished only to have 2 full blocks of nothing right in the center of downtown! 5) Brookfield's trio of proposals. They've been fishing the longest but their inability to launch back when Discovery Tower and Main Place did (both started as spec) gives me doubts about their ability to develop in Houston. 6) The mystery mixed use development on the South side of Market Square. I know nothing about this plan, including who is behind it. Personally, I'd love to rank this #1 because the empty lot is a major scar whose removal would do great things. Link to comment Share on other sites More sharing options...
flatline Posted January 28, 2013 Share Posted January 28, 2013 Shell actually just gave up a bunch of space in the Pennzoil building at the end of last year, and consolidated into One and Two Shell (cubicles for everyone!), so I doubt it's them. Link to comment Share on other sites More sharing options...
Houston19514 Posted January 28, 2013 Share Posted January 28, 2013 Shell actually just gave up a bunch of space in the Pennzoil building at the end of last year, and consolidated into One and Two Shell (cubicles for everyone!), so I doubt it's them. Agreed. I'd be very surprised if Shell built (or occupied) a new building. They recently made a long-term re-committment to One and Two Shell, but did not expand their space. Unfortunately, it seems they are putting all of their growth into the energy corridor. Link to comment Share on other sites More sharing options...
swtsig Posted January 28, 2013 Share Posted January 28, 2013 i should clarify and say that two projects should be announced this year, not necessarily get off the ground. Link to comment Share on other sites More sharing options...
Howard Huge Posted January 29, 2013 Share Posted January 29, 2013 This thread is literally making my mouth water. Link to comment Share on other sites More sharing options...
TGM Posted February 2, 2013 Share Posted February 2, 2013 Houston keeps pulling them in and next week we could know more. Link to comment Share on other sites More sharing options...
HoustonBoy Posted February 21, 2013 Share Posted February 21, 2013 Is it true that two rail stations are being destroyed?! Read the third paragraph. http://www.bizjournals.com/buffalo/print-edition/2013/02/15/downtown-continues-building-boom-with.html Link to comment Share on other sites More sharing options...
HoustonBoy Posted February 21, 2013 Share Posted February 21, 2013 My bad, huge mistake! Wrong city! I don't know why I was on buffalo's? Link to comment Share on other sites More sharing options...
ClutchCity Posted February 23, 2013 Share Posted February 23, 2013 http://downtownhouston.org/site_media/uploads/attachments/2013-02-15/2012-4Q_-_Stream.pdf Here's a 4Q report that says Chevron was the one that subleased the Devon Energy space(at least a large majority) and how Hines is looking for pre-leasing for its almost 1 million sq ft, 48 floor tower that they have in the development stages. They also reveal who owns the Market Square block, although I have no idea who Linbeck is. Link to comment Share on other sites More sharing options...
Houston19514 Posted February 24, 2013 Share Posted February 24, 2013 http://downtownhouston.org/site_media/uploads/attachments/2013-02-15/2012-4Q_-_Stream.pdf Here's a 4Q report that says Chevron was the one that subleased the Devon Energy space(at least a large majority) and how Hines is looking for pre-leasing for its almost 1 million sq ft, 48 floor tower that they have in the development stages. They also reveal who owns the Market Square block, although I have no idea who Linbeck is. Thanks for the post. I've been trying to remember the name of the owner of that Market Square block. I knew it was one of the prominent Houston development or construction companies. http://www.linbeck.com From a 2011 Chron interview with Leo Linbeck III: Q: Your company has owned the downtown block between the Chronicle and Market Square Park for years, but has never developed it. What’s the status of that property?A: We’re looking at a variety of different options on that. We haven’t settled on a firm development plan but we’ve been having a lot of discussions with folks that have interest in that block. We’re very hopeful of getting something going there very soon but it’s been a tough period for new developments.Q: Will it be an office tower?A: It very well could be. Obviously a downtown block is going be very high density and the office market is strong downtown for Class A+ product, so we think there are some really good opportunities.Q: Would you develop it yourself? Sell it? Joint venture?A: We’re looking at a bunch of different options. It’s really an important block in the context of downtown because it’s sort of the northern gateway to downtown. We want to make sure it’s done right. Link to comment Share on other sites More sharing options...
ClutchCity Posted March 19, 2013 Share Posted March 19, 2013 Throw this into google and you'll see Nancy has cataloged the potential office developments downtown. It's too bad that all the buildings are around 800k sq ft or below besides 5AC(Which seems to have little chance of getting off the ground) but I guess you can't really expect much following the "Great Recession". http://www.houstonchronicle.com/business/real-estate/article/Houston-s-downtown-skyline-to-be-reshaped-4364923.php Link to comment Share on other sites More sharing options...
tierwestah Posted March 19, 2013 Share Posted March 19, 2013 http://www.chron.com/business/real-estate/article/Houston-s-downtown-skyline-to-be-reshaped-4364923.php?t=fa84c9cb77 Link to comment Share on other sites More sharing options...
bachanon Posted March 20, 2013 Share Posted March 20, 2013 linbeck developed the uber ugly embassy suites downtown.......not encouraging. Link to comment Share on other sites More sharing options...
lockmat Posted March 20, 2013 Author Share Posted March 20, 2013 linbeck developed the uber ugly embassy suites downtown.......not encouraging.Did they develop it or were they the GC? I thought another group was the developer. Link to comment Share on other sites More sharing options...
bachanon Posted March 20, 2013 Share Posted March 20, 2013 you're probably right lockmat. i don't want to go back to the website, but i think you are correct. i didn't want to miss an opportunity to diss the building again. Link to comment Share on other sites More sharing options...
ClutchCity Posted April 5, 2013 Share Posted April 5, 2013 http://www.bizjournals.com/houston/print-edition/2013/04/05/downtowns-commercial-real-estate.html?page=allAlthough its behind pay wall it has some exciting news on what's to be expected in downtown over the next couple years.“We are going to see at least two more hotels, two residential developments and probably a third, a new high school, redevelopment of the Pavilions and a couple of new office buildings — that’s a lot of activity for one area,” Van Ness said. “I’m looking forward to counting the number of cranes we see in downtown.” Link to comment Share on other sites More sharing options...
ClutchCity Posted April 7, 2013 Share Posted April 7, 2013 A good list of what's going on downtown. http://www.downtownhouston.org/site_media/uploads/attachments/2013-04-01/Downtown_Real_Estate_Update_2013-1Q.pdf I guess it is important to keep in mind that after Exxon's old building is renovated and hits the market it'll add 1.2 Mil sq ft of vacant space around 2017, which hinders the chances of too many major office developments from happening downtown without more good absorption news. Add that with the possibility that Chevron could vacate 600k+ sq ft around the same time in the Allen complex and I think we can officially say 5 AC will never happen. Link to comment Share on other sites More sharing options...
j_cuevas713 Posted April 8, 2013 Share Posted April 8, 2013 Whats the talk about a mixed use project on the south side of Market Square? And why is Metro razing two rail stops in the Theater District? Link to comment Share on other sites More sharing options...
DrLan34 Posted April 8, 2013 Share Posted April 8, 2013 http://www.ultimateh...opment-projects Nice... Residential projects include a 397-unit apartment building near Minute Maid, set to open in 2015, and a 24-floor residential tower called SkyHouse Houston. The latter, which carries a $60-million plus price tag, will include 336 units on Block 350. In anticipation of the 2016 Final Four, Houston First is working with Rida Development to build a second convention center hotel with about 1,000 rooms. New office buildings are also on the horizon. Skanska is in pre-development work on Capitol Tower. New office towers are also in the works at Hines Block 69, Brookfield's Block 902 and Block 43. In school development news, the parking lot at Block 77 downtown has been identified by HISD as the site for the new location of the High School for the Performing and Visual Arts. Link to comment Share on other sites More sharing options...
ClutchCity Posted April 25, 2013 Share Posted April 25, 2013 Stumbled upon the new edition of the downtown development map and there's a "potential" Crescent office building(#15). Just wondered if anyone knew about it. Seems to be a lot of activity on the north side and along the new rail lines. It's on a parking lot which would be nice to get rid of. http://www.downtownhouston.org/site_media/uploads/attachments/2013-04-25/Downtown_Current_Projects_Map_-_2013-04.pdf Link to comment Share on other sites More sharing options...
lockmat Posted April 25, 2013 Author Share Posted April 25, 2013 Could it be the resurrection of this? I'm not sure if it is the same site or nothttp://www.houstonarchitecture.com/haif/topic/14530-six-houston-center/ Link to comment Share on other sites More sharing options...
Houston19514 Posted April 26, 2013 Share Posted April 26, 2013 Yep, that's the 6 Houston Center site. Link to comment Share on other sites More sharing options...
lockmat Posted April 26, 2013 Author Share Posted April 26, 2013 Don't know if this is new or from the first time around http://mb3design.com/portfolio/6-houston-center/ Link to comment Share on other sites More sharing options...
ChannelTwoNews Posted April 26, 2013 Share Posted April 26, 2013 Don't know if this is new or from the first time around http://mb3design.com/portfolio/6-houston-center/My guess is that It's from a few years ago. You can see the rendering faintly in the first image, and the floorplan image shows the footprint of the tower from that version. Link to comment Share on other sites More sharing options...
lockmat Posted May 11, 2013 Author Share Posted May 11, 2013 They quoted none other than swtsig on downtown's happenin' restaurant scenehttp://www.downtownhouston.org/site_media/uploads/attachments/2013-05-07/Downtown_Houston_Presentation_to_CREW_2013-05-07_v2.pdfIt also gives a nice summary of what is going in and what has been accomplished Link to comment Share on other sites More sharing options...
brijonmang Posted May 11, 2013 Share Posted May 11, 2013 They quoted none other than swtsig on downtown's happenin' restaurant scenehttp://www.downtownhouston.org/site_media/uploads/attachments/2013-05-07/Downtown_Houston_Presentation_to_CREW_2013-05-07_v2.pdfIt also gives a nice summary of what is going in and what has been accomplished That was a good read, thanks for sharing. Nice to see everything put into one presentation. Lots of positives to take from that, have there been any recent plans or releases for the next phase of Buffalo Bayou? I'd really like to see those. Link to comment Share on other sites More sharing options...
ChrisPHous Posted May 12, 2013 Share Posted May 12, 2013 That was a good read, thanks for sharing. Nice to see everything put into one presentation. Lots of positives to take from that, have there been any recent plans or releases for the next phase of Buffalo Bayou? I'd really like to see those. I can't find it online but there was a nice write up in the Saturday paper about Buffalo Bayou. Also if someone could post it, there is a bad ass looking development for Hermann Park going on as well. Link to comment Share on other sites More sharing options...
Urbannizer Posted July 2, 2013 Share Posted July 2, 2013 The presentation has been updated http://downtownhouston.org/site_media/uploads/attachments/2013-06-27/2013-07-08_Downtown_Update-sm.pdf Link to comment Share on other sites More sharing options...
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