Popular Post texan Posted June 7, 2021 Popular Post Share Posted June 7, 2021 Here's what the facility will look like The Houston Spaceport is really becoming a hub of activity, another major tenant will be announced this month and will build a 125,000 sf facility to support 250 jobs. In addition, a new EDGE center is being planned. With the unnamed development, Axiom, and Collins, 1500 jobs will be created at the spaceport. https://communityimpact.com/houston/bay-area/development/2021/06/02/houston-spaceport-to-one-day-house-new-larger-training-facility/ 15 1 Link to comment Share on other sites More sharing options...
Popular Post texan Posted June 10, 2021 Popular Post Share Posted June 10, 2021 And the latest anchor tenant has been announced! Intuitive Machines will build a $40 million, 125,000 sf facility on a 12.5 acre lot. This will represent an expansion from their space in the HASC. It's a great to see another Houston born and grown company as anchor tenant at the spaceport. https://communityimpact.com/houston/bay-area/development/2021/06/10/breaking-intuitive-machines-expanding-in-houston-spaceport/ 15 Link to comment Share on other sites More sharing options...
tangledwoods Posted June 10, 2021 Share Posted June 10, 2021 Quote Under the agreement, which has yet to be approved, the city of Houston will pay up to $40 million for the facility to be built. The city will recover its investment through a 20-year lease agreement, officials said. Why in hell is the city spending $40mil when this company could easily go out and bank finance the job themselves (or get a developer involved)? I wasn't aware that our tax dollars are being used to fund commercial development.... 4 Link to comment Share on other sites More sharing options...
jmitch94 Posted June 11, 2021 Share Posted June 11, 2021 6 hours ago, tangledwoods said: Why in hell is the city spending $40mil when this company could easily go out and bank finance the job themselves (or get a developer involved)? I wasn't aware that our tax dollars are being used to fund commercial development.... Corporate welfare, the only welfare in America that's not demonized. 7 Link to comment Share on other sites More sharing options...
Houston19514 Posted June 11, 2021 Share Posted June 11, 2021 (edited) 11 hours ago, jmitch94 said: Corporate welfare, the only welfare in America that's not demonized. Your post and the prior one rather step on your point. ;-) In any event, it's a little short of "welfare" to lease a building out to someone at a price that will fully repay the costs (and at the end of the lease, the City still owns the land and the building). Edited June 11, 2021 by Houston19514 5 Link to comment Share on other sites More sharing options...
jmitch94 Posted June 12, 2021 Share Posted June 12, 2021 On 6/11/2021 at 9:21 AM, Houston19514 said: Your post and the prior one rather step on your point. ;-) In any event, it's a little short of "welfare" to lease a building out to someone at a price that will fully repay the costs (and at the end of the lease, the City still owns the land and the building). That’s assuming they stay in business and or hold up their end of the deal or even worse, aren’t granted more tax brakes in the future. 3 Link to comment Share on other sites More sharing options...
Houston19514 Posted June 14, 2021 Share Posted June 14, 2021 On 6/12/2021 at 9:40 AM, jmitch94 said: That’s assuming they stay in business and or hold up their end of the deal or even worse, aren’t granted more tax brakes in the future. Even if they don't hold in business or hold up their end of the deal, that hardly turns this transaction in to welfare. The City would still not be giving the company anything. And any hypothetical tax [breaks] that might be imagined in the future don't change the reality of this transaction. 2 Link to comment Share on other sites More sharing options...
79ta Posted June 14, 2021 Share Posted June 14, 2021 On 6/10/2021 at 4:03 PM, tangledwoods said: The city will recover its investment through a 20-year lease agreement When it says the investment will be recovered, is that 2021 dollars or 2041 dollars? For example, $1 in May 2001 would be $1.52 in May 2021. So if that rate holds $40M now would be something like $91M in 20 years. (Someone please check the math) Link to comment Share on other sites More sharing options...
Houston19514 Posted June 14, 2021 Share Posted June 14, 2021 (edited) 1 hour ago, 79ta said: When it says the investment will be recovered, is that 2021 dollars or 2041 dollars? For example, $1 in May 2001 would be $1.52 in May 2021. So if that rate holds $40M now would be something like $91M in 20 years. (Someone please check the math) Good question. From the City Council minutes documents, it looks like the lease terms will actually provide for more than full cost recovery. First, at least in the first 10 years, there is a built-in escalator of 2.5% annually. Second, the lease terms appear to add up to 145% cost recovery (plus the value of the annual escalators). (2.5% per year for the first 5 years; 5% per year for the second 5 years; 10% per years for the third five years; and 11.5% per year for the fourth five years). In addition to that, the lease will charge them an additional amount for the ground lease, based on a FMV set by appraisal. PLUS, the City has allocated up to $4 Million for planning and design. If the company ends up not entering in to the lease, they will be required to reimburse the city for that. Edited June 14, 2021 by Houston19514 8 Link to comment Share on other sites More sharing options...
Popular Post Urbannizer Posted June 29, 2021 Popular Post Share Posted June 29, 2021 http://www.houstontx.gov/council/committees/econdev/20210610/spaceport.pdf 10 Link to comment Share on other sites More sharing options...
Popular Post texan Posted June 29, 2021 Popular Post Share Posted June 29, 2021 58 minutes ago, Urbannizer said: http://www.houstontx.gov/council/committees/econdev/20210610/spaceport.pdf Sharp looking facility for Intuitive Machines! Can't wait to see what Axiom's facility will look like. 15 1 Link to comment Share on other sites More sharing options...
Popular Post texan Posted July 15, 2021 Popular Post Share Posted July 15, 2021 Thales Alenia Space and Axiom have signed a $130 million contract to build the pressure vessels of the first two modules of Axiom's station. Thales Alenia built the pressure vessels for most of the American side of the ISS. Quote The welding activities of the primary structure of the first module will start in September 2021, with the assembly process concluding in 2022. The first module will arrive at Axiom facilities in Houston in July 2023, where Axiom will integrate and outfit the core systems and certify it for flight prior to shipping to the launch facility. This is the key piece of the release. At a minimum, Axiom's campus has to be ready in the first half of 2023, so we should see more movement on their buildings soon! https://www.thalesgroup.com/en/worldwide/space/press_release/thales-alenia-space-provide-first-two-pressurized-modules-axiom-space 18 Link to comment Share on other sites More sharing options...
hindesky Posted October 15, 2021 Share Posted October 15, 2021 7 Link to comment Share on other sites More sharing options...
hindesky Posted October 20, 2021 Share Posted October 20, 2021 9 Link to comment Share on other sites More sharing options...
Popular Post texan Posted October 20, 2021 Popular Post Share Posted October 20, 2021 42 minutes ago, hindesky said: This is an extremely exciting project although to be clear it is at the Johnson Space Center, not the Houston Spaceport. 10 Link to comment Share on other sites More sharing options...
Popular Post ChannelTwoNews Posted December 4, 2021 Popular Post Share Posted December 4, 2021 On 6/28/2021 at 8:18 PM, texan said: Sharp looking facility for Intuitive Machines! Can't wait to see what Axiom's facility will look like. Intuitive Machines breaks ground on lunar operations center at Houston Spaceport - Houston Business Journal (bizjournals.com) Quote Intuitive Machines breaks ground on lunar operations center at Houston Spaceport By Florian Martin – Reporter, Houston Business Journal Dec 3, 2021 Updated Dec 3, 2021, 3:15pm CST Houston-based aerospace company Intuitive Machines has broken ground on a $40 million lunar operations center at the Houston Spaceport. It will consist of a 110,000-square-foot facility for offices, mission control rooms and production space as well as a separate 5,000-square-foot propulsion test facility. The center, which was designed and will be built by Kansas City-based Burns & McDonnell, is expected to be completed by the end of next year. The city of Houston, which will own the building and lease it to Intuitive Machines, is paying for the construction. Under a memorandum of understanding, the company will reimburse the city over the course of the 20-year lease. 12 1 Link to comment Share on other sites More sharing options...
texan Posted January 19, 2022 Share Posted January 19, 2022 A few smaller updates have occurred since early December. With Intuitive Machines' and Collins' facilities under construction, Axiom's site is moving ahead in the planning stages and they expect to move their headquarters to the facility next year. Recently, Axiom awarded Jacobs a design contract for their assembly, integration, and testing facility's construction. The first pieces of the Axiom Station are expected to arrive in Houston from Italy in early 2023, according to Axiom's website. https://www.bizjournals.com/houston/news/2022/01/07/has-iah-spaceport-construction.html https://www.axiomspace.com/axiom-station https://executivegov.com/2022/01/axiom-space-selects-jacobs-to-construct-facility-at-houston-spaceport/ The spaceport was awarded a $5 million grant from the state out of the Spaceport Trust Fund for infrastructure development (SpaceX's spaceport in South Texas was also awarded the same amount). https://www.houstonchronicle.com/news/houston-texas/space/article/Abbott-grants-10-million-to-spaceports-in-16773595.php 9 Link to comment Share on other sites More sharing options...
Popular Post texan Posted February 28, 2022 Popular Post Share Posted February 28, 2022 Exciting updates! Venus Aerospace is planning a 250,000 sf facility. Two additional projects are being pursued will be over 600,000 sf and provide 1800 new jobs. Excluding Venus (numbers not provided), in the next few years there could be 3300 people working at the Houston Spaceport! https://communityimpact.com/houston/bay-area/development/2022/02/23/2-new-major-developments-coming-to-houston-spaceport/ Discussions have begun between Houston Spaceport, the airport system, San Jacinto College, Rice, Texas A&M, Texas Southern, and UHCL on the establishment of a Houston Spaceport Center for Research Education and Workforce development (HS-CREW). https://bayareahouston.com/business-briefs/ 18 5 Link to comment Share on other sites More sharing options...
texan Posted April 6, 2022 Share Posted April 6, 2022 Venus Aerospace has raised an additional $20 million to advance their technology. No mention of their new facility though. https://www.houstonchronicle.com/news/houston-texas/space/article/Houston-company-developing-a-hypersonic-plane-17058471.php 4 Link to comment Share on other sites More sharing options...
hindesky Posted April 15, 2022 Share Posted April 15, 2022 (edited) Axiom Space. https://www.axiomspace.com Interior architects - https://www.cdi-douglass-pye.com Edited April 15, 2022 by hindesky 9 Link to comment Share on other sites More sharing options...
asubrt Posted April 15, 2022 Share Posted April 15, 2022 8 minutes ago, hindesky said: Axiom Space. https://www.axiomspace.com Interior architects - https://www.cdi-douglass-pye.com I didn't realize they were using the old Fry's Electronics building. It's a good 10-15 minutes from the spaceport. 3 Link to comment Share on other sites More sharing options...
texan Posted April 15, 2022 Share Posted April 15, 2022 (edited) 9 hours ago, asubrt said: I didn't realize they were using the old Fry's Electronics building. It's a good 10-15 minutes from the spaceport. I believe it's temp space just because they're growing insanely fast and haven't started construction on their campus at the spaceport yet EDIT: I wonder if they'll make use of the ISS model inside 🤔 Edited April 15, 2022 by texan 7 2 Link to comment Share on other sites More sharing options...
Popular Post texan Posted May 11, 2022 Popular Post Share Posted May 11, 2022 Axiom broke ground on their spaceport headquarters today! https://www.axiomspace.com/news/axiom-hq-spaceport 19 3 Link to comment Share on other sites More sharing options...
texas911 Posted May 12, 2022 Share Posted May 12, 2022 Awesome news! Maybe we can get Space X to move its head quarters here. 8 Link to comment Share on other sites More sharing options...
Popular Post texan Posted May 12, 2022 Popular Post Share Posted May 12, 2022 7 hours ago, texas911 said: Awesome news! Maybe we can get Space X to move its head quarters here. That would be an even bigger coup than Austin getting the Tesla factory. Important to note that Axiom and SpaceX have deep ties that are only getting deeper. SpaceX is currently Axiom's transportation partner and likely will continue to be once the Axiom becomes independent of the ISS. SpaceX has also stated they have little interest in developing habitats for the Martian surface which I think perfectly tees Axiom up to step in and be their habitat partner. Maybe Axiom also jumps in to develop the Artemis Base Camp on the lunar surface for NASA? 11 Link to comment Share on other sites More sharing options...
hindesky Posted May 16, 2022 Share Posted May 16, 2022 5 Link to comment Share on other sites More sharing options...
hindesky Posted May 31, 2022 Share Posted May 31, 2022 6 Link to comment Share on other sites More sharing options...
Popular Post texan Posted July 26, 2022 Popular Post Share Posted July 26, 2022 Great article on Axiom's redevelopment of Fry's into their engineering building. All space memorabilia will stay! http://www.collectspace.com/news/news-062822a-axiom-space-station-former-frys-building.html 9 3 Link to comment Share on other sites More sharing options...
texan Posted September 1, 2022 Share Posted September 1, 2022 Collins had their ribbon cutting yesterday. https://www.click2houston.com/news/local/2022/08/31/watch-live-ribbon-cutting-ceremony-held-for-new-collins-aerospace-building-at-houston-spaceport/ 7 Link to comment Share on other sites More sharing options...
Popular Post hindesky Posted September 16, 2022 Popular Post Share Posted September 16, 2022 17 Link to comment Share on other sites More sharing options...
Popular Post texan Posted January 4 Popular Post Share Posted January 4 Axiom Space's facility at the Houston Spaceport. Moving along quickly! I didn't get a picture but Collins' facility is complete and occupied and Intuitive Machines is working on their second phase now. 18 Link to comment Share on other sites More sharing options...
cspwal Posted January 4 Share Posted January 4 If anything axiom would want this building to be done yesterday. They’re filling up buildings like a gas filling a vacuum 4 Link to comment Share on other sites More sharing options...
Popular Post texan Posted January 14 Popular Post Share Posted January 14 On 1/4/2023 at 11:27 AM, cspwal said: If anything axiom would want this building to be done yesterday. They’re filling up buildings like a gas filling a vacuum Can confirm, they've recently leased 146,000 sf in the former Fry's Electronics and 180,000 at 600 Gemini. https://bayareahouston.com/wp-content/uploads/2022/12/BDU-Issue-80-123022-2.pdf https://www.galvnews.com/business/buzz/article_358a1424-0d77-53ed-a99e-c9467676d220.html 11 Link to comment Share on other sites More sharing options...
Popular Post texan Posted January 22 Popular Post Share Posted January 22 Some interesting slides from a presentation to city council on development at the Spaceport: Overall site/land use plan: Academic Area: Includes the TSU aviation center and multi-institution aerospace hub TSU aviation: They are moving this academic unit to the Spaceport https://www.bizjournals.com/houston/news/2022/12/15/tsu-lead-aviation-houston-spaceport-health-equity.html Aerospace Hub: If this comes to fruition, the Galveston Bay Area could become the center of the commercial space economy. Let's go! 18 3 Link to comment Share on other sites More sharing options...
texan Posted January 22 Share Posted January 22 On 1/14/2023 at 11:46 AM, texan said: Can confirm, they've recently leased 146,000 sf in the former Fry's Electronics and 180,000 at 600 Gemini. https://bayareahouston.com/wp-content/uploads/2022/12/BDU-Issue-80-123022-2.pdf https://www.galvnews.com/business/buzz/article_358a1424-0d77-53ed-a99e-c9467676d220.html Correction: Axiom actually leased 270,000 sf at 600 Gemini. Additionally, The Cannon is opening a 48,000 sf outpost in the same building and a 26,500- or potentially 53,000- sf location in 1150 Gemini. Great news for the Galveston Bay Area space startup scene! https://www.bisnow.com/houston/news/office/the-cannon-innovation-hub-expands-footprint-with-pair-of-leases-and-more-to-come-117211 8 Link to comment Share on other sites More sharing options...
toxtethogrady Posted January 25 Share Posted January 25 There were rumors at one time that Embry-Riddle was kicking the tires on a possible Houston campus. I'm not sure that's still a possibility, but it would fit in nicely as part of the Aerospace Campus... Link to comment Share on other sites More sharing options...
texan Posted January 25 Share Posted January 25 26 minutes ago, toxtethogrady said: There were rumors at one time that Embry-Riddle was kicking the tires on a possible Houston campus. I'm not sure that's still a possibility, but it would fit in nicely as part of the Aerospace Campus... They had one in Houston a few years back but closed it. Either way I think the Spaceport and Houston will be in much better shape with the proposed partnership between Texas A&M, UH, Rice, and others. 4 Link to comment Share on other sites More sharing options...
texan Posted January 31 Share Posted January 31 New taxiway to begin construction this year and two large prospects are looking at the Spaceport for facilities. https://communityimpact.com/houston/bay-area/development/2023/01/31/new-tenants-technologies-coming-to-houston-spaceport-in-2023/ 6 1 Link to comment Share on other sites More sharing options...
kennyc05 Posted January 31 Share Posted January 31 58 minutes ago, texan said: New taxiway to begin construction this year and two large prospects are looking at the Spaceport for facilities. https://communityimpact.com/houston/bay-area/development/2023/01/31/new-tenants-technologies-coming-to-houston-spaceport-in-2023/ Reading that article the spaceport has a lot going on than I thought. Is there any other major cities building out spaceports like Dallas Atlanta or any other Houston peer cities? Link to comment Share on other sites More sharing options...
j_cuevas713 Posted January 31 Share Posted January 31 20 minutes ago, kennyc05 said: Reading that article the spaceport has a lot going on than I thought. Is there any other major cities building out spaceports like Dallas Atlanta or any other Houston peer cities? There are other areas of Texas but not other cities. We're the only one in the state. It's fitting tbh https://www.faa.gov/space/spaceports_by_state 7 1 Link to comment Share on other sites More sharing options...
mattyt36 Posted February 1 Share Posted February 1 3 hours ago, kennyc05 said: Reading that article the spaceport has a lot going on than I thought. Is there any other major cities building out spaceports like Dallas Atlanta or any other Houston peer cities? The Houston Spaceport is unique--it's intended to be more of a development/industry hub than a major center for spaceflight operations, at least not in this phase. 2 hours ago, j_cuevas713 said: It's fitting tbh Indeed. It's certainly breathing new life into what was a long dormant employment driver for the area. 6 1 Link to comment Share on other sites More sharing options...
ChannelTwoNews Posted April 10 Share Posted April 10 https://www.bizjournals.com/houston/inno/stories/news/2023/04/07/axiom-nasa-low-earth-economy.html ""The local economy is affected significantly because not only will there be jobs, but the amount of research and manufacturing that will take place over time will start to focus around the Houston area as well," Suffredini said. "There's a lot of testing and demonstration you have to do before you fly a system or [produce] a product, whatever that product might be." Suffredini delivered his remarks at an April 6 press conference scheduled ahead of the May 8 launch date for Axiom Mission 2. The four-person mission will spend 10 days at the International Space Station researching the effects of microgravity and radiation on materials." 5 Link to comment Share on other sites More sharing options...
ChannelTwoNews Posted May 4 Share Posted May 4 https://www.bizjournals.com/houston/news/2023/05/03/texas-southern-university-ellington-airport.html?cx_testId=40&cx_testVariant=cx_27&cx_artPos=3#cxrecs_s "Texas Southern University is one step closer to achieving its goal of expanding its aviation training program thanks to a memorandum of agreement between the university and the city of Houston. The MOA, which is for the development and lease of an aviation education facility at Ellington Airport, was approved during a May 3 Houston City Council meeting. The Houston Airport System will design and construct an aeronautical hangar, which will contain aircraft storage capacity, offices and classroom space, according to the City Council agenda item. “The goal, quite frankly, is to make Texas Southern the school in the country when it comes to aviation,” Houston Mayor Sylvester Turner said during the meeting." 6 Link to comment Share on other sites More sharing options...
toxtethogrady Posted May 15 Share Posted May 15 Texas Southern already has a major presence at the Transportation Research Board. This further cements their aerospace program... Link to comment Share on other sites More sharing options...
Popular Post texan Posted May 16 Popular Post Share Posted May 16 Highlights from a Community Impact article shared in the Space Center Houston thread: Spaceport expects to break ground on Phase II infrastructure in 12-18 months at a cost of $80 million across 300 acres; it will include space for a hotel, restaurant, and retail Phase II will also include "the aerospace institute" Spaceport in "serious talks" with three potential new tenants (if these all pan out, depending on who they are, Houston could leapfrog other cities' commercial space clusters) Axiom Space and Intuitive Machines will have ribbon cuttings by the end of September Officials are considering finding an investor to build a multi-tenant building for smaller companies to locate without having to build their own buildings https://communityimpact.com/houston/pearland-friendswood/development/2023/05/15/ready-to-launch-houston-spaceport-museum-plan-expansions-as-astronauts-prep-lunar-mission/ Also, NASA recently delivered a former Space Shuttle Multi-Purpose Logistics Module (MPLM, used to transport cargo to the ISS) to Axiom Space's spaceport facility via Super Guppy. This module will be outfitted for use on the Axiom Station. https://www.houstonchronicle.com/news/houston-texas/space/article/nasa-super-guppy-houston-commercial-space-station-17920584.php 10 1 Link to comment Share on other sites More sharing options...
texan Posted May 25 Share Posted May 25 In the state budget released today, $350 million is included in it for the Texas Space Commission. $200 million of that is for Texas A&M to build a facility "adjacent to the Johnson Space Center". I think the most logical place for this is the spaceport since there is already a plan for a university facility there. Otherwise my next guess is Space Center Houston land. The enabling bill, HB 3447 has not yet passed and is in conference committee. If it does not become law, this all goes away. 8 Link to comment Share on other sites More sharing options...
Houston19514 Posted Thursday at 02:47 AM Share Posted Thursday at 02:47 AM On 5/25/2023 at 6:53 PM, texan said: In the state budget released today, $350 million is included in it for the Texas Space Commission. $200 million of that is for Texas A&M to build a facility "adjacent to the Johnson Space Center". I think the most logical place for this is the spaceport since there is already a plan for a university facility there. Otherwise my next guess is Space Center Houston land. The enabling bill, HB 3447 has not yet passed and is in conference committee. If it does not become law, this all goes away. Status? Link to comment Share on other sites More sharing options...
texan Posted Thursday at 03:06 AM Share Posted Thursday at 03:06 AM 16 minutes ago, Houston19514 said: Status? Both the state budget that includes the money for this (HB 1) and the enabling bill to create the commission and research fund (HB 3447) have been passed by the legislature. The budget is being examined by the comptroller and HB 3447 has been sent to Governor Abbott's desk. He was an early endorser of this plan so it should be a foregone conclusion that he'll sign them both/allow them to become law. We can hopefully look forward to planning and construction to commence on this massive facility in the next two years! 5 1 Link to comment Share on other sites More sharing options...
Moore-to-it Posted Thursday at 08:46 PM Share Posted Thursday at 08:46 PM 17 hours ago, texan said: Both the state budget that includes the money for this (HB 1) and the enabling bill to create the commission and research fund (HB 3447) have been passed by the legislature. The budget is being examined by the comptroller and HB 3447 has been sent to Governor Abbott's desk. He was an early endorser of this plan so it should be a foregone conclusion that he'll sign them both/allow them to become law. We can hopefully look forward to planning and construction to commence on this massive facility in the next two years! I'm convinced in time with the right decisions The spaceport could come to be for Houston what the TMC has become.. it might not reach fruition in our life time but 60 to 70 years ... who knows 1 Link to comment Share on other sites More sharing options...
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