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What a freaking waste! The existing building is only about 20 or so years old and of all the buildings in that area, the developers knock down a decent 20-storey building. There are countless older trashy 4-5 storey buildings all up and down that street, including the one I work in a few doors up where the elevator is dead every other day. Knock that POS down.

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What a freaking waste! The existing building is only about 20 or so years old and of all the buildings in that area, the developers knock down a decent 20-storey building. There are countless older trashy 4-5 storey buildings all up and down that street, including the one I work in a few doors up where the elevator is dead every other day. Knock that POS down.

Well, first you have to own something before you go knocking it down. I'm always baffled by posters that think this is sim city

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What a freaking waste! The existing building is only about 20 or so years old and of all the buildings in that area, the developers knock down a decent 20-storey building. There are countless older trashy 4-5 storey buildings all up and down that street, including the one I work in a few doors up where the elevator is dead every other day. Knock that POS down.

That "decent 20-storey building" is more like 12 stories, it's lead tenant no longer wants to stay there and its floor plates much too small. There's nothing remarkable about the building whatsoever and the land it sits on is much too valuable in this market.

Instead of directing the brunt of your ire towards a developer who will ultimately build several buildings w much longer staying power and providing much greater density, perhaps you can pull your money together to a. Save this unremarkable building and b. Buy and tear down the POS building you're currently in.

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That "decent 20-storey building" is more like 12 stories, it's lead tenant no longer wants to stay there and its floor plates much too small. There's nothing remarkable about the building whatsoever and the land it sits on is much too valuable in this market.

Instead of directing the brunt of your ire towards a developer who will ultimately build several buildings w much longer staying power and providing much greater density, perhaps you can pull your money together to a. Save this unremarkable building and b. Buy and tear down the POS building you're currently in.

 

Not 20 stories.  Not even 12 stories.  Only 8 stories.

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Developers buy property all the time, yes?

 

Yes, in a marketplace buyers and sellers try to come together and find something buyers want to buy and sellers want to sell.  I'm pretty sure developers just don't go around buying up property because that's part of the bussines model.

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could this be for Occidental, or is there space in Greenway 3 & 5 for them to expand?

Occidental Petroleum Company is moving their HQ to Houston!

http://www.bizjournals.com/houston/news/2014/02/14/occidental-petroleum-splintering-and-moving-its.html

Oxy only has 200 employees in LA. The move to Houston will only bring a few dozen jobs. So, it is unlikely any of this tower will be Oxy.

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