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GreenStreet Redevelopment And 21-Story Hotel Alessandra


Bob Plumb

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  • 2 months later...
21 hours ago, Mattie said:

So what are the odds retail moves into their space? Parking is less than ideal if you wanted to run in and grab something quickly. 

 

less than 0, retail doesn't work well in Greenstreet.

It will either be more bars or office space. **Every** retail space has failed except the HoB Gear Shop, which would fail if it was on it's own.

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3 hours ago, Texasota said:

I think saying "retail doesn't work well in Greenstreet" based on Forever21 and a failing chain bookstore *and* ignoring the fact that the population downtown has literally quadrupled is a bit premature. I think something that's more of a destination (like Phoenicia has largely turned out) would work fine. Like, if they put a Muji here, it would do fine.

Agree. Forever 21 is going under. It had nothing to do with it being successful/unsuccessful in Greenstreet. And bookstores are in the same boat. Small independent bookstores are doing just fine because they offer a unique experience but larger ones like Barnes and Noble won't be around too much longer. I think any retail would work here. 

Edited by j_cuevas713
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  • 2 weeks later...

Downtown slowly getting all of the amenities people have been clamoring for. So now you'll have Lifetime, the Met, and YMCA all in downtown, and if LifeTime Fitness has those lounge areas and fast-healthy food like the other locations then the downtown businesses and offices without a gym/lounge area of their own can now provide that service to their employees as a benefit of being at the DT location. And DT residents can go there too, I guess 😆

 

Thanks @wilcal!

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26 minutes ago, X.R. said:

Downtown slowly getting all of the amenities people have been clamoring for. So now you'll have Lifetime, the Met, and YMCA all in downtown, and if LifeTime Fitness has those lounge areas and fast-healthy food like the other locations then the downtown businesses and offices without a gym/lounge area of their own can now provide that service to their employees as a benefit of being at the DT location. And DT residents can go there too, I guess 😆

 

Thanks @wilcal!

 

I wish this location was getting a lap pool. The YMCA is nice, but it can get crowded, and another pool downtown would help relieve that. Regardless lacking a pool having new amenities downtown will be exciting for a lot of people.

Edited by jermh
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1 hour ago, X.R. said:

Downtown slowly getting all of the amenities people have been clamoring for. So now you'll have Lifetime, the Met, and YMCA all in downtown, and if LifeTime Fitness has those lounge areas and fast-healthy food like the other locations then the downtown businesses and offices without a gym/lounge area of their own can now provide that service to their employees as a benefit of being at the DT location. And DT residents can go there too, I guess 😆

 

Thanks @wilcal!

 

Their site does say that it will feature a LifeCafe and it has a pic of a juice bar looking kind of thing, too. 

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  • 11 months later...
1 hour ago, Nole23 said:

COVID created winners and losers, and a lot of that comes down to cash flow management and debt allocation. A lot, a lot of businesses were spending in pursuit of revenue, and COVID caught the ones who were stretched thin with their pants down. Even in hospitality, some private equity groups are making a killing buying these kinds of assets. The sudden-ness of the closing means they probably weren't financially liquid enough to survive the tough time, but this will most likely be sold to some PE company and continue to be what it was. So, no fretting. Can't let all those renovations go to waste!

Edited by X.R.
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1 hour ago, H-Town Man said:

What a death hole this whole development is.

 

I’m cautiously optimistic about the Life Time Green Street. It’s going to open in the spring and the facilities are large and incredible. I went in for a virtual tour over the weekend and joined at a discounted early rate. 

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29 minutes ago, HOUCAJUN said:

Interesting to see what Brand takes over. What are the possibilities?

So many possibilities...

Edition, Luxury Collection, St Regis, Le Meridien, Autograph Collection, Tribute Portfolio, Kimpton, Curio Collection, Signia, Tapestry Collection, Canopy, Conrad, LXR, Waldorf Astoria, Loews, Regent, Intercontinental. . . 

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6 hours ago, Houston19514 said:

So many possibilities...

Edition, Luxury Collection, St Regis, Le Meridien, Autograph Collection, Tribute Portfolio, Kimpton, Curio Collection, Signia, Tapestry Collection, Canopy, Conrad, LXR, Waldorf Astoria, Loews, Regent, Intercontinental. . . 

I'm thinking it will probably a one off boutique. Most of the brands you listed are already represented in Houston or this location would be significant enough for a rebrand. 

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8 hours ago, BeerNut said:

I'm thinking it will probably a one off boutique. Most of the brands you listed are already represented in Houston or this location would be significant enough for a rebrand. 

Most of those brands would be perfectly happy to have more than one location in Houston.  Nevertheless, you may well be right.  That seems to be the way Midway likes to go.

Edited by Houston19514
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On 1/12/2021 at 2:59 PM, downtownian said:

I’m cautiously optimistic about the Life Time Green Street. It’s going to open in the spring and the facilities are large and incredible. I went in for a virtual tour over the weekend and joined at a discounted early rate. 

just make sure that if you office there, don't get stuck on the second floor beneath the HoB. We WILL make your life miserable  between 3 and 6 when it's sound check time... those suck.

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On 1/12/2021 at 4:08 PM, Houston19514 said:

So many possibilities...

Edition, Luxury Collection, St Regis, Le Meridien, Autograph Collection, Tribute Portfolio, Kimpton, Curio Collection, Signia, Tapestry Collection, Canopy, Conrad, LXR, Waldorf Astoria, Loews, Regent, Intercontinental. . . 

Some brand of Wyndham?

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  • The title was changed to GreenStreet Redevelopment And 21-Story Hotel Alessandra
  • 3 months later...

They also have a collection of Boutique properties.  Hotel Icon for one example, is one of those.

Flipping Marriott owns… most of the hotels downtown.  Which is good in a way, since this will hopefully allow for greater competition and provide travelers a choice.  Which will mean additional repurposed properties, and new developments.

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2 hours ago, arche_757 said:

They also have a collection of Boutique properties.  Hotel Icon for one example, is one of those.

Flipping Marriott owns… most of the hotels downtown.  Which is good in a way, since this will hopefully allow for greater competition and provide travelers a choice.  Which will mean additional repurposed properties, and new developments.

Now, if they could just give Houston a new Ritz-Carlton...

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16 hours ago, Naviguessor said:

Marriott is headquartered in Bethesda, Maryland. So, the brand could be one of about a hundred different names. 

It is not being bought by Marriott.  It's being bought by Host Hotels & Resorts, so the possible brands are even more numerous.  (Host Hotels started its life as part of Marriott, but has been completely separate corporation for a long time and owns many hotels with non-Marriott flags.)

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17 hours ago, arche_757 said:

They also have a collection of Boutique properties.  Hotel Icon for one example, is one of those.

Flipping Marriott owns… most of the hotels downtown.  Which is good in a way, since this will hopefully allow for greater competition and provide travelers a choice.  Which will mean additional repurposed properties, and new developments.

It's pretty safe to say that Marriott actually owns zero hotels downtown.  And by my count, 11 of the 26 downtown hotels fly Marriott flags.  IF they add this one and if the W ever gets off the ground, they would be up to 13 of 28.

Side point:  holy cow!  26 hotels in downtown Houston (and soon to be 27, maybe 28).  It seems like not that long ago there were 4 hotels in downtown Houston.  FOUR!

Edited by Houston19514
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15 minutes ago, Houston19514 said:

It's pretty safe to say that Marriott actually owns zero hotels downtown.  And by my count, 11 of the 26 downtown hotels fly Marriott flags.  IF they add this one and if the W ever gets off the ground, they would be up to 13 of 28.

Side point:  holy cow!  26 hotels in downtown Houston (and soon to be 27, maybe 28).  It seems like not that long ago there were 4 hotels in downtown Houston.  FOUR!

Apologies for not being more specific:

Marriott is receiving a hefty fee every month in the money from franchise owners who are flying the Marriott branded flags on their hotels.

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1 hour ago, Houston19514 said:

It's pretty safe to say that Marriott actually owns zero hotels downtown.  And by my count, 11 of the 26 downtown hotels fly Marriott flags.  IF they add this one and if the W ever gets off the ground, they would be up to 13 of 28.

Side point:  holy cow!  26 hotels in downtown Houston (and soon to be 27, maybe 28).  It seems like not that long ago there were 4 hotels in downtown Houston.  FOUR!

Man thats wild, when was it 4 if you can remember?

Would y'all think it would make sense to convert this to a longer stay hotel? Like the ones where they rent to you for a week or more? At 20+ hotels, you'd think you'd have so many price points covered, so may be it would make sense to introduce multiple price points at the "i'm in Houston for a week" type of thing.

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A very big change from the early days of this forum, that is certain.

There is a Moxy Hotel listed on CentralHouston/Downtown District list of hotels.  Is that under construction, or just proposed?

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5 minutes ago, arche_757 said:

A very big change from the early days of this forum, that is certain.

There is a Moxy Hotel listed on CentralHouston/Downtown District list of hotels.  Is that under construction, or just proposed?

They got their building permits in March of this year...

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30 minutes ago, Houston19514 said:

They got their building permits in March of this year...

 

36 minutes ago, arche_757 said:

A very big change from the early days of this forum, that is certain.

There is a Moxy Hotel listed on CentralHouston/Downtown District list of hotels.  Is that under construction, or just proposed?

State National Bank Building rehab...

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Thanks @Houston19514 & @Montrose1100.

I’m a day late and a dollar short sometimes…usually!  I recall now that building being renovated into the Moxy.  Good.  The more places the merrier.  I believe we are still a bit low on the overall number of rooms for a city this size - of course the pandemic has sort of rewritten everything.

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1 hour ago, arche_757 said:

Thanks @Houston19514 & @Montrose1100.

I’m a day late and a dollar short sometimes…usually!  I recall now that building being renovated into the Moxy.  Good.  The more places the merrier.  I believe we are still a bit low on the overall number of rooms for a city this size - of course the pandemic has sort of rewritten everything.

We have about 8,500 rooms in the CBD.  I think we're pretty much at parity with comparable cities now.

Edited by Houston19514
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I wouldn’t know.  I haven’t read up on what a comparable city would be for us?  Dallas?  Philadelphia?

Based on your statement it sounds like it would be a tough sell to build a new trophy hotel similar to Marriott Marquis or Hilton Americas.  I thought HoustonFirst was trying to do that in the next ____ years?

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9 minutes ago, arche_757 said:

I wouldn’t know.  I haven’t read up on what a comparable city would be for us?  Dallas?  Philadelphia?

Based on your statement it sounds like it would be a tough sell to build a new trophy hotel similar to Marriott Marquis or Hilton Americas.  I thought HoustonFirst was trying to do that in the next ____ years?

Yeah I’d say Philly, SF

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