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The Mix: Mixed-Use Project Planned For Two Blocks In Midtown


ricco67

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Rice Alliance for Technology & Entrepreneurship is.... well.... kind of what I figured.  Not bad mouthing it, its more of a competition between any one and everyone.  At least that's the take I got from reading their "about" section on the webpage.

 

If this continues to grow in scope and scale that would be great!  I hope it does.

 

I think you and I both agree that we need to be able to keep a lot of these types of companies here in town.

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Agreed.  And I think a lot more is being done by Rice, UH, HTC and others than you are apparently aware of.  (and the number 1 thing that would help keep these companies in town is, as I alluded to earlier, more local angel and seed investors, not another building).

Edited by Houston19514
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Agreed.  And I think a lot more is being done by Rice, UH, HTC and others than you are apparently aware of.  (and the number 1 thing that would help keep these companies in town is, as I alluded to earlier, more local angel and seed investors).

 

Just found a list of Texas Business Incubators.

Austin - 22

Houston - 18

Dallas/FW - 21

 

If you took away Rice's 4 incubators then we're sorely lacking.  Particularly when you consider the number of people and the number of major coprorations that are located here.  The big problem however, is that energy doesn't seem to have the desire to 'incubate" businesses the way tech firms do.

 

When I think of the size of Houston + business capital + two major research universities + largest collection of medical facilities in one single place in the world - and I'm left with a sour taste in my mouth that we're way behind what/where we ought to be at this time in this arena.

 

Hopefully we will continue to see additional investment in this area.

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Why would you take away Rice's 4?     And FWIW,  a simple count of the number of accelerators really tells us little and is far from dispositive as to the relative strengths of the accelerator communities.

 

Agree we're clearly behind where we should be in the medical area.  But we are making great strides in that area. 

Edited by Houston19514
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Why would you take away Rice's 4?     And FWIW,  a simple count of the number of accelerators really tells us little and is far from dispositive as to the relative strengths of the accelerator communities.

 

Agree we're clearly behind where we should be in the medical area.  But we are making great strides in that area. 

 

I'm simply saying that without Rice we would have a lot less.  Rice Alliance is huge (clearly - they fund a lot of things)...

 

Indeed some of the business incubators listed were... small and not of any real consequence, but Austin having more is a shame.

 

I do hope we can continue to see a rise in the number of new business startups here.  I'd love to see the Biomedical side really take off.  Goodness knows other cities have a firmer grasp on that area than we do - unfortunately.

Edited by arche_757
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The biggest potential for growth is in Biomedical and Aerospace.

 

I do agree that it would be nice to see more startups here in Houston, but I see that as more wishful thinking. We will always have them and will always get more, but that will only be because the size of the city gets bigger and that allows more to come in. Houston is just a different market than the other places you mentioned. It's the symbol of big buisness, big money, big everything! I would imagine that it would be quite intimidating to begin a startup in such high competitive market. Houston is a place where the big fish come to settle down and make a nice little home for themselves lol.

 

I've always noticed that startups will always seek out smaller markets first. It's smart and it allows you to have plenty of room to grow before you make the jump onto the bigger stage.

 

I mean come on, Austin screams startup! It's just the way the culture there is and always has been.

 

Then again I'm not exactly business savvy so maybe I'm wrong :P

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So what should be incubated? No one seems to have done much with the superconductors and Buckyballs (which WERE invented in Houston), and I'm not sure what else there is in the way of tech that isn't duplicated in other towns. Maybe it's just better to bring in more museums/art galleries/restaurants/theaters/residential blocks. And a grocery; it's a food desert down there.

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  • 3 weeks later...
  • 7 months later...
  • 4 weeks later...

 

Construction, however, won't start on the building until about half of it is spoken for by future tenants.

 

Unfortunately, I fear this is a euphemism for "probably isn't going to happen".  Last I heard, there were no future tenants for 609 Main, and nobody has announced moving into the soon-to-be-complete Central Square building, either, so things don't look good for yet another office building.

 

I'd love to see this one go up, but I don't put its chances any higher than 6 Houston Center (which I'd already put behind Capitol Tower).

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http://www.houstonchronicle.com/business/columnists/sarnoff/article/Midtown-poised-for-first-new-office-tower-in-6402458.php?t=92d854b045&cmpid=twitter-premium

 

The Midtown building will have a hotel-style lobby, extensive landscaping and a covered colonnade that will provide shelter to pedestrians on all four sides. It will have about 15,000 square feet of ground-floor retail fronting Milam and Rosalie streets.

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There are significant tenants negotiating for large chunks of space at both 609 and Capitol tower. Distinct possibility nothing comes of it but they're advanced discussions.

I'm more hopeful for capital tower so that one rises out of the ground

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There are significant tenants negotiating for large chunks of space at both 609 and Capitol tower. Distinct possibility nothing comes of it but they're advanced discussions.

Why so much interest in 609 & Capital Tower but no interest in 6 Houston Center? Are 609 and Capital superior buildings? Are they being marketed better? I'm just curious because it has been proposed so much longer.

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Why so much interest in 609 & Capital Tower but no interest in 6 Houston Center? Are 609 and Capital superior buildings? Are they being marketed better? I'm just curious because it has been proposed so much longer.

Well, both are currently blocks that are under construction whereas 6HC is still a parking lot.

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I have heard far more ado about the amenities of 609 Main and the Capitol Tower than 6HC. 609 Main is supposed to have greater control over temperatures within an individual office, for example (avoiding the "it feels like a refrigerator" complaints from female workers not bundled in a suit jacket). Both are also in far more visible locations for people commuting on the main axis of the skyline district, for what that is worth to office-location decision makers.

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  • 3 months later...

I couldn't find the original post on this development. I parked across the street to go in to work this morning and I saw two gentlemen surveying the site. One of those gentlemen was entering the abandoned restaurant. I think this is starting up. I should've talked to one of the guys but I was in a rush. 

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  • 3 weeks later...

22780832420_0561d0b365_z.jpg

 

Ok I know this picture sucks. I was having to rush to work across the street this morning. Anyways, if you look closely you can see a white truck and a ladder posted up against the abandoned restaurant building. I have no clue what's going on, but I saw 2 business men go inside a few weeks ago.

Edited by j_cuevas713
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  • 4 months later...

Doesn't look like this is gonna happen guys. The original sign that was on either corner of the block with the revised rendering has been taken down. There are new signs that say RETAIL SPACE FOR LEASE on the half block where that Vietnamese restaurant was. 

Edited by j_cuevas713
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Nice, this one's indeed done for.

 

A development firm that had plans to build a gleaming office tower on a prime site in Midtown has shifted gears. It's now considering other options, like leasing the property to a restaurateur or retailer, or perhaps developing condos there.

 

For now, the company is planning to weigh its options.

"We're open to all disciplines so long as it makes sense and it's financially viable, including developing the site ourselves," Tofsky said.

http://www.houstonchronicle.com/business/columnists/sarnoff/article/Developer-cancels-tower-amid-slowdown-7235408.php

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  • 1 year later...

Great, then I guess we can count on first hand accounts on a regular basis j_cuevas713.

Let us know when equipment starts showing up. That would be great to have two high rises going up in Midtown at the same time.

It will start a trend of midrises in midtown. They definitely won't be the last.

I'm sure Bob Shultz is going to build his tower next to Ensemble theater eventually.

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  • Highrise Tower changed the title to The Mix: Mixed-Use Project Planned For Two Blocks In Midtown

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