Popular Post X.R. Posted May 28, 2019 Popular Post Share Posted May 28, 2019 (edited) Well, it looks like the architect finally has a plan. Think it looks great but the sidewalk seems a bit skinny. Also, tbh, there's been a lot of rain lately and this is the first uninterrupted stretch of non-wet weather that Houston has had in a bit. We'll probably see more work done in the next weeks than had been done in the last two months. Also, disagree with whomever mentioned that developments on Main/in the area would have happened anyway without the rail. A friend who used to do commercial development at Caydon said the rail was one of the larger selling points for them when assessing potential appreciation of the physical asset. Edit: And if I may, I've talked to quite a few commercial real estate friends who work for larger companies here in Houston specifically about Midtown/Downtown/Washington (cause thats where all their apartments are) and the Midtown consensus seems to be: The rail is cool but on its own probably would just gotten you more bars/experience type stuff (escape rooms, spas, nail salons). Its Camden/Caydon that, in their words, that is potentially transformative to the area because one is creating a family space and the other is bringing further planned development, and both are bringing massive amounts of tenants. But for both developers, they were drawn in by the rail. Rice's Ion seems to just be icing on the cake, because their firms don't know what that'll mean for that area. Sorry for the length, its just strange for people to say things like the rail doesn't matter. Just talk to developers in town. Edited May 28, 2019 by X.R. 12 Link to comment Share on other sites More sharing options...
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