SMF Posted October 30, 2014 Share Posted October 30, 2014 Likely?We are in Houston, Id say its very possible. I guess all those cranes on the horizon are just mirages. Why does Houston have to be the only city in the world where projects get cancelled, scaled down and/or modified. Quote Link to comment Share on other sites More sharing options...
H-TownChris Posted October 30, 2014 Share Posted October 30, 2014 (edited) I guess all those cranes on the horizon are just mirages. Why does Houston have to be the only city in the world where projects get cancelled, scaled down and/or modified.I know, it's sad Edited October 30, 2014 by H-TownChris Quote Link to comment Share on other sites More sharing options...
Howard Huge Posted October 30, 2014 Share Posted October 30, 2014 I guess all those cranes on the horizon are just mirages. Why does Houston have to be the only city in the world where projects get cancelled, scaled down and/or modified. Oh right, because weve never had a project delayed indefinitely, scrapped, scaled back or shelved here in Houston. My bad. 1 Quote Link to comment Share on other sites More sharing options...
Luminare Posted October 30, 2014 Share Posted October 30, 2014 (edited) Oh right, because weve never had a project delayed indefinitely, scrapped, scaled back or shelved here in Houston. My bad. But this is pretty standard in an industry where a lot of things have to go right to make something happen! It's also ludicrous for people in general (this isn't specific to you or anyone) to place this particular label on Houston alone as if we are a special case or we live in some kind of bubble or under a depressing rain cloud that doesn't affect anyone else. It's just silly. I literally can not comprehend why people CHOOSE to subject themselves to that. Not to mention it's incredibly irresponsible when someone throws this kind of conversational grenade simply to turn the discussion into a topic of failure. It's pretty obvious that this was the intention or the person did this for lulz and we shouldn't be distracted by it. This of course could become part of the discussion once the person has backed up his/her wild claim by fact, press release, inside information, etc... Until then it should be ignored. I mean look at the incredible scope of the project and it's actually underway! It's making significant progress and this is only the early phases of it. Unless someone has info to the contrary then I'm inclined to believe that it's not only doing pretty well, but will build the full scope of the project. Edited October 30, 2014 by Luminare 5 Quote Link to comment Share on other sites More sharing options...
BigFootsSocks Posted October 30, 2014 Share Posted October 30, 2014 Preach it Luminare!! Quote Link to comment Share on other sites More sharing options...
SMF Posted October 30, 2014 Share Posted October 30, 2014 Oh right, because weve never had a project delayed indefinitely, scrapped, scaled back or shelved here in Houston. My bad. O right, because projects don't get scrapped, scaled back or shelved in any other city except Houston. Your bad. Quote Link to comment Share on other sites More sharing options...
LarryDierker Posted October 30, 2014 Share Posted October 30, 2014 I'm very confused by the ongoing conversation in this thread. You guys are making the same point, no? 2 Quote Link to comment Share on other sites More sharing options...
H-TownChris Posted October 31, 2014 Share Posted October 31, 2014 More of the wall gone 5 Quote Link to comment Share on other sites More sharing options...
BigFootsSocks Posted October 31, 2014 Share Posted October 31, 2014 I was thinking the same thing... Quote Link to comment Share on other sites More sharing options...
Howard Huge Posted October 31, 2014 Share Posted October 31, 2014 O right, because projects don't get scrapped, scaled back or shelved in any other city except Houston. Your bad. So you're saying the tower portion could get scrapped.Thats exactly what Im saying, glad you agree. 1 Quote Link to comment Share on other sites More sharing options...
Howard Huge Posted October 31, 2014 Share Posted October 31, 2014 I'm very confused by the ongoing conversation in this thread. You guys are making the same point, no?Exactly, this "smf" is a pissy little troll who follows me around and quotes my posts.He'll probably quote another one here shortly and reply with another weak attempt at a comeback. 3 Quote Link to comment Share on other sites More sharing options...
Moore713 Posted October 31, 2014 Share Posted October 31, 2014 If they do scrap the tower position I really hope they go with the pocket park concept for that lot..but this being Houston odds are a surface parking lot Quote Link to comment Share on other sites More sharing options...
Avossos Posted October 31, 2014 Share Posted October 31, 2014 If they do scrap the tower position I really hope they go with the pocket park concept for that lot..but this being Houston odds are a surface parking lotIt will be a parking garage. With the base strength for a tower 2 Quote Link to comment Share on other sites More sharing options...
Luminare Posted October 31, 2014 Share Posted October 31, 2014 If they do scrap the tower position I really hope they go with the pocket park concept for that lot..but this being Houston odds are a surface parking lot Wow. Whatever. If y'all want to waste time speculating about this nonsense. Fine. 3 Quote Link to comment Share on other sites More sharing options...
fernz Posted October 31, 2014 Share Posted October 31, 2014 I guess all those cranes on the horizon are just mirages. Why does Houston have to be the only city in the world where projects get cancelled, scaled down and/or modified.I'll tell you why. It's called low barriers of entry. It's very easy for anyone in Houston to get one of these projects off the ground, so you get a lot of B-class players. A market flooded with good and bad projects is more likely to have cancelled projects. Also, inexperienced developers are more likely to get into trouble before projects are completed. In a city like NY or DC, you have much higher barrier of entry. Between low land availability, high prices, zoning, architectural reviews, profers, unions,etc...only top experienced developers play the game, and it's less likely that projects get cancelled. 3 Quote Link to comment Share on other sites More sharing options...
apple addict Posted October 31, 2014 Share Posted October 31, 2014 ^^^ also makes it less likely for projects to start Quote Link to comment Share on other sites More sharing options...
Mab Posted November 1, 2014 Share Posted November 1, 2014 Houston First Update Not only are hotels and office towers booming in downtown Houston, so is residential development! Five projects are under construction and at least nine more are planned, according to Central Houston's Laura Van Ness, who tracks such things. Shown here is the stripped-down backside of the old Texaco Building, which is being converted into 323 luxury apartment units at 1111 Rusk. It is expected to be completed a year from now. https://www.facebook.com/HoustonFirstCorporation/photos/a.492238024167403.110894.426238527434020/799933693397833/?type=1&theater 7 Quote Link to comment Share on other sites More sharing options...
monarch Posted November 1, 2014 Share Posted November 1, 2014 wow! simply superb progress... Quote Link to comment Share on other sites More sharing options...
fernz Posted November 1, 2014 Share Posted November 1, 2014 ^^^ also makes it less likely for projects to startNot necessarily, because it also means projects are more profitable. It does take them much longer to start though. Quote Link to comment Share on other sites More sharing options...
Popular Post Triton Posted November 1, 2014 Popular Post Share Posted November 1, 2014 Texaco Building Redevelopment by marclongoria, on Flickr Texaco Building Redevelopment by marclongoria, on Flickr Texaco Building Redevelopment by marclongoria, on Flickr Texaco Building Redevelopment by marclongoria, on Flickr Exposed steel Texaco Building Redevelopment by marclongoria, on Flickr Texaco Building Redevelopment by marclongoria, on Flickr 12 Quote Link to comment Share on other sites More sharing options...
monarch Posted November 1, 2014 Share Posted November 1, 2014 geeeez triton, simply amazing illustrations! as i have stated beforehand, the financial aspect as per this development, has to be stupendous... 2 Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted November 2, 2014 Share Posted November 2, 2014 I'll tell you why. It's called low barriers of entry. It's very easy for anyone in Houston to get one of these projects off the ground, so you get a lot of B-class players. A market flooded with good and bad projects is more likely to have cancelled projects. Also, inexperienced developers are more likely to get into trouble before projects are completed.In a city like NY or DC, you have much higher barrier of entry. Between low land availability, high prices, zoning, architectural reviews, profers, unions,etc...only top experienced developers play the game, and it's less likely that projects get cancelled. Do you have any evidence at all that projects are canceled more frequently in Houston than in other cities? Quote Link to comment Share on other sites More sharing options...
toxtethogrady Posted November 3, 2014 Share Posted November 3, 2014 It's very easy for anyone in Houston to get one of these projects off the ground, so you get a lot of B-class players. A market flooded with good and bad projects is more likely to have cancelled projects. Also, inexperienced developers are more likely to get into trouble before projects are completed.In a city like NY or DC, you have much higher barrier of entry. Between low land availability, high prices, zoning, architectural reviews, profers, unions,etc...only top experienced developers play the game, and it's less likely that projects get cancelled. NY has had its share of proposals that never got to fruition (just check SkyscraperPage). Even the WTC got into financial trouble. What seems to get projects built is developers who have their money lined up and don't have to worry about presales or financing. That's why the Skanska project is likely to get built, whereas outfits like Peloton get stopped before they start. For whatever reason, Manhattan is proving fertile ground for residential 1,000-footers. Houston is now getting quite a few projects that are 40 stories of residential. An economy that generates 100,000 jobs a year will support that. I'm still not seeing how Dallas can find tenants for two supertalls, but Ross Perot, Jr. is behind one of them, so it could get built (the other one is probably not going to get out of the starting gate). Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted November 3, 2014 Share Posted November 3, 2014 NY has had its share of proposals that never got to fruition (just check SkyscraperPage). Even the WTC got into financial trouble. I'm still not seeing how Dallas can find tenants for two supertalls, but Ross Perot, Jr. is behind one of them, so it could get built (the other one is probably not going to get out of the starting gate). Every city has had its share of proposals that never came to fruition. There is zero reason to think that Dallas can find tenants for two supertalls. And there are zero serious supertall proposals in Dallas. (Ross Perot Jr. has never said he plans a supertall.) Quote Link to comment Share on other sites More sharing options...
Nate99 Posted November 10, 2014 Share Posted November 10, 2014 8 Quote Link to comment Share on other sites More sharing options...
Howard Huge Posted November 10, 2014 Share Posted November 10, 2014 Finally, the ugly brick wall comes down! 2 Quote Link to comment Share on other sites More sharing options...
H-TownChris Posted November 11, 2014 Share Posted November 11, 2014 From 11/9/14 5 Quote Link to comment Share on other sites More sharing options...
H-TownChris Posted November 16, 2014 Share Posted November 16, 2014 I am stunned at how fast they are going From today 6 Quote Link to comment Share on other sites More sharing options...
H-TownChris Posted November 16, 2014 Share Posted November 16, 2014 Sorry about the double pictures, I had technical difficulties. Quote Link to comment Share on other sites More sharing options...
monarch Posted November 16, 2014 Share Posted November 16, 2014 no problem h-townchris. we are certainly happy to have your illustrations. not to mention.. the weather has been pretty inclement. Quote Link to comment Share on other sites More sharing options...
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