cloud713 Posted April 21, 2015 Share Posted April 21, 2015 (edited) I've said it before, I'll say it again. The downtown living initiative needs a marketing campaign on billboards and stuff in certain areas around town. Target the empty nesters, wealthy young professionals, and people just looking for a more urban lifestyle.We're about to almost triple the amount of housing in downtown. Yes there is some demand for it but they need to show people that downtown is an attractive, fun, hip area to live. Edited April 21, 2015 by cloud713 1 Quote Link to comment Share on other sites More sharing options...
monarch Posted April 21, 2015 Share Posted April 21, 2015 appropriate retail options, along with smart rates, would be the most captivating incentives. just saying..... 3 Quote Link to comment Share on other sites More sharing options...
LarryDierker Posted April 22, 2015 Share Posted April 22, 2015 The article saysthe board said 40 percent of the building is occupied but the vacancy rate is in line with the developer’s projections at this stage. that seems like good news to me. Quote Link to comment Share on other sites More sharing options...
toxtethogrady Posted April 22, 2015 Share Posted April 22, 2015 http://blog.chron.com/primeproperty/2015/04/skyhouse-houston-offers-rebate-to-lure-tenants/#21137101=0 Not sure if this means much, but the existing SkyHouse is offering incentives to try to get more residents. Sounds like this is common these days, so hopefully it's not a sign that they are struggling to attract tenants. Apparently they are at 40% occupancy right now. The incentives are back. They had ended in 2012 when the market got really tight. Hard to tell if the 5% vacancy rate has become 10%. Quote Link to comment Share on other sites More sharing options...
htownproud Posted April 22, 2015 Share Posted April 22, 2015 That sounds pretty bad. Hopefully it is just a bleep, but there is some logic behind it. There is not much in close walking distance to that location, as compared to Midtown, Rice Village (although really only Hanover is there), or Washington Ave. Quote Link to comment Share on other sites More sharing options...
KinkaidAlum Posted April 22, 2015 Share Posted April 22, 2015 About 135 units have leased in a building that has been open for just a few months in a former no-man's land part of downtown with crazy high PSFs and the doom and gloom crowd thinks its all bad news? 3 Quote Link to comment Share on other sites More sharing options...
cloud713 Posted April 22, 2015 Share Posted April 22, 2015 I'm just saying if its taking this long to fill up one tower (apparently it's on average pace, but it's the first residential units downtown in how many years?), imagine what will happen when multiple residential projects start delivering.. I'm afraid that unless we raise awareness on downtown living, these apartments might not lease up as fast as some developers would like. Maybe I'm just being pessimistic, but if I'm about to have 4,000+ new apartments built in my downtown and the first project (which delivered in July 2014) is only 40% full, I would be a little concerned. Those apartments should be being snatched up left and right, but I don't think many Houstonians see downtown as a livable neighborhood yet. By this time next year another 1,400 apartments will be ready (by comparison, SkyHouse Houston added 336 additional units to the downtown market). But will we as Houstonians be ready?Sorry for the pessimistic post. Maybe I just need sleep, but that report kind of concerned me. 1 Quote Link to comment Share on other sites More sharing options...
Nole23 Posted April 22, 2015 Share Posted April 22, 2015 I'm optimistic the new apartment towers will fill up once they come on board and I'm sure downtown will begin a marketing campaign to promote a new downtown once they begin to deliver. Skyhouse was the very first one to open from the initiative and its in a part of downtown that still has a way to go. The two market square towers, Texaco building, and the two complexes next to Minute Maid I believe will fill up quicker since there's more foot traffic and things to do nearby. One Park Place opened back in 2008 and it has been full ever since. Quote Link to comment Share on other sites More sharing options...
j_cuevas713 Posted April 22, 2015 Share Posted April 22, 2015 The fact of the matter is that the housing is here. Yes SkyHouse isn't full but as demand increases and more developments progress downtown, these places will fill up. Quote Link to comment Share on other sites More sharing options...
KinkaidAlum Posted April 22, 2015 Share Posted April 22, 2015 No apartment building is full just months after fully opening. While Sky House opened in July, it opened in stages. Only folks on the lower floors could move-in originally. Again, 40% occupancy a few months after the entire building opened in a high-end tower isn't out of the norm. There's a reason why they've decided to build 330+ more units directly across the street and it isn't because they are stupid and love risking tens of millions of dollars. 2 Quote Link to comment Share on other sites More sharing options...
jgriff Posted April 22, 2015 Share Posted April 22, 2015 (edited) There are three reviews on Yelp. All of them 1 star. I recently moved much closer to downtown and actually thought about moving into downtown. It just didn't make sense though. I bought a new house near Regent Square instead. I'm paying about the same as the largest units in Skyhouse for 2.5 times the square footage and I own it. Edited April 22, 2015 by jgriff Quote Link to comment Share on other sites More sharing options...
cspwal Posted April 22, 2015 Share Posted April 22, 2015 One of the things I've been wondering is why they chose to have their GFR on the outside of the two buildings (Leeland and Jefferson) as opposed to having them face each other on Pease to create more of a retail corridor 1 Quote Link to comment Share on other sites More sharing options...
htownproud Posted April 22, 2015 Share Posted April 22, 2015 can someone that has worked in the industry comment on this whether 40% occupancy 10 months after opening and 4 months after the entire building opened is good/normal? that sounds bad to me, but others think that sounds good. and although the developer says this is expected, offering significant concessions seems to suggest otherwise. 1 Quote Link to comment Share on other sites More sharing options...
cloud713 Posted April 22, 2015 Share Posted April 22, 2015 For reference.. The sovereign was 40% leased up BY THE TIME IT OPENED. It's now at 85%.http://m.bizjournals.com/houston/blog/2015/04/first-look-inside-the-sovereign-luxury-apartment.htmlNote Randy has an advertising campaign of his own going on at HBJ. Quote Link to comment Share on other sites More sharing options...
Triton Posted May 2, 2015 Share Posted May 2, 2015 (edited) Wow read these reviews from people who live there: http://www.yelp.com/biz/skyhouse-houston-houston Edit: Yes, one who doesn't. I'd wait to see further reviews. I usually don't judge a place based on just 4 reviews but I gotta admit... I kinda expected it from here. Edited May 2, 2015 by Triton Quote Link to comment Share on other sites More sharing options...
HoustonMidtown Posted May 2, 2015 Share Posted May 2, 2015 Wow read these reviews from people who live there: http://www.yelp.com/biz/skyhouse-houston-houston Edit: Yes, one who doesn't. I'd wait to see further reviews. I usually don't judge a place based on just 4 reviews but I gotta admit... I kinda expected it from here. Wow - those are really bad - sounds like they definitely need a new leasing staff....has anyone on here gone by for a look ? I know it's hard to gain a sense from online reviews - they are usually negative, but these all seem to be in agreement that the leasing staff is bad... Quote Link to comment Share on other sites More sharing options...
monarch Posted May 2, 2015 Share Posted May 2, 2015 Wow read these reviews from people who live there: http://www.yelp.com/biz/skyhouse-houston-houston Edit: Yes, one who doesn't. I'd wait to see further reviews. I usually don't judge a place based on just 4 reviews but I gotta admit... I kinda expected it from here. ^^^ this, undoubtably has to be a public relations disaster! surely, skyhouse corporate, has to be taking note of these shocking reviews, of their brand new edifice in houston. just what the heck is really going on here, are all of the leasing staffers from new york city? houstonians, have always been well known throughout, for our gracious hospitality. this is far too scary to believe..... 1 Quote Link to comment Share on other sites More sharing options...
ArchFan Posted May 3, 2015 Share Posted May 3, 2015 (edited) yow! this is disappointing to hear about. earlier on, the publicity was about how good these guys were at putting up a building fast, basically because the followed the same formula, again and again. However, building is one thing, managing a rental property is another. I hope they will get their act together or else turn the project over to someone who is good at it. Edited May 3, 2015 by ArchFan 1 Quote Link to comment Share on other sites More sharing options...
astros148 Posted May 3, 2015 Share Posted May 3, 2015 the front staff were awful when I went to look for a showing last week. Made me wait around for extra time and rushed me through the process and wanted for me to sign on the spot. I left unhappy and just signed across at houston house. 1 Quote Link to comment Share on other sites More sharing options...
JoninATX Posted May 3, 2015 Share Posted May 3, 2015 Seems like there needs to be new management. If the people that work there don't like what they do, it's easy find another job. Quote Link to comment Share on other sites More sharing options...
astros148 Posted May 3, 2015 Share Posted May 3, 2015 Seems like there needs to be new management. If the people that work there don't like what they do, it's easy find another job. lol when i went at 4pm everyone was surrounding a colleagues computer and laughing it up. seemed strange and weird, didnt look like they cared much 1 Quote Link to comment Share on other sites More sharing options...
UtterlyUrban Posted May 3, 2015 Share Posted May 3, 2015 Wow!I certainly hope that Novarre is aware of these comments. Sounds like they should send in a few "secret shoppers" to see if they experience similar issues. Quote Link to comment Share on other sites More sharing options...
Nole23 Posted May 5, 2015 Share Posted May 5, 2015 Drove by this really quick and thought I saw a sign on one of the retail spaces for a liquor license. If so, glad they are finally leasing out one of the retail spaces. If not, then carry on.... 1 Quote Link to comment Share on other sites More sharing options...
Popular Post cspwal Posted May 6, 2015 Popular Post Share Posted May 6, 2015 Walked by tonight and looks like there is a liquor license up for "Your Pie" - a make your own pizza type place 10 Quote Link to comment Share on other sites More sharing options...
astros148 Posted May 6, 2015 Share Posted May 6, 2015 That's great thank god Quote Link to comment Share on other sites More sharing options...
DrLan34 Posted May 6, 2015 Share Posted May 6, 2015 Walked by tonight and looks like there is a liquor license up for "Your Pie" - a make your own pizza type place Great news Quote Link to comment Share on other sites More sharing options...
UtterlyUrban Posted May 6, 2015 Share Posted May 6, 2015 That's great! I hope it has a really cool vibe to it with a huge craft beer and wine selection! Quote Link to comment Share on other sites More sharing options...
astros148 Posted May 7, 2015 Share Posted May 7, 2015 8 Quote Link to comment Share on other sites More sharing options...
jmitch94 Posted May 7, 2015 Share Posted May 7, 2015 The pace that they build these is staggeringly fast. Quote Link to comment Share on other sites More sharing options...
astros148 Posted May 7, 2015 Share Posted May 7, 2015 The pace that they build these is staggeringly fast. theres about 25 people or so working on it.. 1 Quote Link to comment Share on other sites More sharing options...
jmitch94 Posted May 7, 2015 Share Posted May 7, 2015 theres about 25 people or so working on it..That just makes it even more impressive, granted these are far from revolutionary structures. Quote Link to comment Share on other sites More sharing options...
cspwal Posted May 21, 2015 Share Posted May 21, 2015 http://www.bizjournals.com/houston/morning_call/2015/05/fastcasual-pizzeria-comes-to-houston-with-big.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+bizj_houston+%28Houston+Business+Journal%29 2 Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted May 21, 2015 Share Posted May 21, 2015 (edited) http://www.bizjournals.com/houston/morning_call/2015/05/fastcasual-pizzeria-comes-to-houston-with-big.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+bizj_houston+%28Houston+Business+Journal%29 Sneak preview: Your Pie, a Chipotle-style dine-in restaurant based in Athens, Georgia, will open its first Houston location on the ground floor of SkyHouse Houston. Edited May 21, 2015 by Houston19514 3 Quote Link to comment Share on other sites More sharing options...
Chi-Char-Hou-Dal Posted May 21, 2015 Share Posted May 21, 2015 great news! Quote Link to comment Share on other sites More sharing options...
BigFootsSocks Posted May 21, 2015 Share Posted May 21, 2015 (edited) Pffft HBJ exclusive? Pretty sure someone here posted about it first. Just sayin' Edited May 21, 2015 by BigFootsSocks 3 Quote Link to comment Share on other sites More sharing options...
KinkaidAlum Posted May 21, 2015 Share Posted May 21, 2015 If I lived in Skyhouse, I'd weigh 900 pounds. That looks pretty attractive to this single guy. 2 Quote Link to comment Share on other sites More sharing options...
Howard Huge Posted May 21, 2015 Share Posted May 21, 2015 Pffft HBJ exclusive? Pretty sure someone here posted about it first. Just sayin'Where do you think all these houston development "journalists" get all their scoops from?Hell, most of em owe 90% of their headlines to ol' Urbannizer. 3 Quote Link to comment Share on other sites More sharing options...
jmitch94 Posted May 22, 2015 Share Posted May 22, 2015 If I lived in Skyhouse, I'd weigh 900 pounds. That looks pretty attractive to this single guy.That glazed doughnuts in the bottom of those apartments on OST had me feeling the same way, plus its 24 hours. 1 Quote Link to comment Share on other sites More sharing options...
KinkaidAlum Posted May 22, 2015 Share Posted May 22, 2015 That maple-bacon donut at Glazed is a deadly sin. 2 Quote Link to comment Share on other sites More sharing options...
htownproud Posted July 2, 2015 Share Posted July 2, 2015 Today they increased their incentive for referrals to $1000 from $200. Quote Link to comment Share on other sites More sharing options...
cloud713 Posted July 2, 2015 Share Posted July 2, 2015 not a good sign.. Quote Link to comment Share on other sites More sharing options...
DrLan34 Posted July 8, 2015 Share Posted July 8, 2015 (edited) http://www.bizjournals.com/houston/morning_call/2015/07/construction-starts-up-on-pizzeria-in-downtown.html Construction starts up on pizzeria in downtown luxury apartment Construction is about to start on the first Houston location for Athens-based Your Pie, a fast-casual pizzeria that hopes to capitalize on downtown’s growing residential base. Leading the development are two Houston businesswomen with around 30 years combined experienced in advertising, marketing and real estate. Edited July 8, 2015 by DrLan34 4 Quote Link to comment Share on other sites More sharing options...
cspwal Posted September 25, 2015 Share Posted September 25, 2015 Looks like Your Pie is moving along nicely - they've poured the floor and aluminum studs for the walls are growing like stalactites. Your Pie under construction by Christopher Hisle, on Flickr 9 Quote Link to comment Share on other sites More sharing options...
cspwal Posted October 1, 2015 Share Posted October 1, 2015 "Opening Fall 2015" Still no activity at the other two retail spots though. I wonder if Sky House is holding out for certain kinds of tenants, or there's just not that much interest in a location with no parking lot. Your pie, Sky House Houston by Christopher Hisle, on Flickr 3 Quote Link to comment Share on other sites More sharing options...
KinkaidAlum Posted October 2, 2015 Share Posted October 2, 2015 We almost put our new store there (home goods) but the numbers just aren't there yet for downtown. It's getting close though. 3 Quote Link to comment Share on other sites More sharing options...
cspwal Posted October 2, 2015 Share Posted October 2, 2015 No! I would have shopped there - I need a new lamp.How serious were the talks? Did they (Skyhouse or whoever is leading the retail) mention anything special about the kind of retail they want? 1 Quote Link to comment Share on other sites More sharing options...
Timoric Posted October 9, 2015 Share Posted October 9, 2015 (edited) - Edited July 9, 2019 by Timoric Quote Link to comment Share on other sites More sharing options...
BigFootsSocks Posted October 9, 2015 Share Posted October 9, 2015 I believe there's no interior buildout in the empty spaces, and because of the nature of those business it's a risky short-term lease. 1 Quote Link to comment Share on other sites More sharing options...
Twinsanity02 Posted October 9, 2015 Share Posted October 9, 2015 The top of the second skyhouse, under construction, is impossible to see due to the camera angle. I have no idea if these are changed from time to time. Quote Link to comment Share on other sites More sharing options...
cspwal Posted October 9, 2015 Share Posted October 9, 2015 Yeah the interior of the two open spots is just gravel/dirt floors, concrete floors above. There are some pipes sticking up, and there's probably also electricity coming from somewhere, but you'd have to do a lot of work to build it out for the first tennant Quote Link to comment Share on other sites More sharing options...
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