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Development List for Buildings in Houston


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Since the previous image I posted in the Regent Square thread was so well received, I thought I'd do another one, but with a bigger scope that includes other big projects (not all for sure).  

Now try. As well as those that probably couldn't see it before. Forgot to press the share button and give permissions to those who have the link to access the map. Let me know if it works.  

LATEST DEVELOPMENT MAP, 2019 - thanks @Luminare!   https://www.google.com/maps/d/u/1/viewer?hl=en&ll=29.74450800320124%2C-95.37503325305198&z=16&mid=1J_89cR1sxP4muIAHRJlm6TajoQPy

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I have optimism for Block 334. The hotel at the northeast corner of the Hardy Toll Road and I-45 took 18 months but finally became a Homewood Suites.

 

Speaking of that, has anyone else had the experience of driving in on I-45 and passing the tower cranes that loom like sentinels on either side of the 242 interchange? Two hospital complexes are going up.

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This is a pretty cool summary of downtown's history and also present developments and initiatives and has some really awesome photos of market square when it was full and dense.

 

http://cumulus.encore-us.com/manage/system/files/semiprivate/URBAN$CAPES%20-%20Planning%20and%20Building%20the%20Downtown%20Project,%20Lonnie%20Hoogeboom.compressed.pdf

Edited by lockmat
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This is a pretty cool summary of downtown's history and also present developments and initiatives and has some really awesome photos of market square when it was full and dense.

 

http://cumulus.encore-us.com/manage/system/files/semiprivate/URBAN$CAPES%20-%20Planning%20and%20Building%20the%20Downtown%20Project,%20Lonnie%20Hoogeboom.compressed.pdf

Wow, thanks for that Lockmat. So it looks like these developments actually have an extended deadline of 2019 to get these projects finished.

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So tell me what would prevent Houston from building a cement pond off of Buffalo bayou?

 

Ironically (or not, depending on whether you knew about it), they are doing just that.

 

"Lost Lake"

 
I rode my bike over there a few weeks ago, and it would be more appropriately named "Lost Puddle".
 
Either way, a nice concrete pond to add facilities to our bayou system.
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Hyatt was going to build a new building... instead they were going to put the hotel in 1114 Texas ave - right?

 

I never heard of anything being canceled...

 

Oh, yes.  I forgot that 1114 Texas is slated to be a Hyatt Place. 

 

I was referring to the earlier proposal for a Hyatt Place on La Branch (on the same block where the Hampton Inn and Homewood Suites are going).  The proposal on LaBranch was indeed canceled and the developer sold the property.  The proposed Hyatt Place in 1114 Texas is by a different developer.

 

 

Edited by Houston19514
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Does anyone else looks at downtown from one of the cams, and literally get excited thinking about how much more vibrant and lively it will be in say 5 years once all this stuff is built and the GFR's are established? 

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From the article:

 

"Developers quickly claimed the tax credits, and Houston doubled the size of the initiative to a total of 5,000 housing units in 2014. Developers signed up for the last of these incentives early this year; however, some might drop out because of concern that Houston’s energy economy will be damaged by falling oil prices or that too much competition exists from other apartments under construction. “One or two may have stalled because of the change in the price of oil,” says Parker, but she notes that the city has a waiting list of other developments interested in the incentives."

 

Does that mean that other projects could get the incentives if a developer who already has incentives drops their project?

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Ongoing work this week on the block at St. Joseph and San Jacinto (#22 on the development list), apparently earlier than 4th quarter start. Per HBJ :

 

 

Houston-based Allied Orion Group plans to build an eight-story, 242-unit apartment on a city block bounded by San Jacinto, St. Joseph, Caroline and Jefferson. Construction is expected to start in the fourth quarter with the estimated completion date in the second quarter of 2017.

 

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I have added most of the new developments discussed in Going Up! in the last month to devmap.io, if they weren't already there. The following should appear on the map in a day or two:

 

City View Lofts

UH Housing at Scott and Elgin

The Mondrian

Fenix Estates

River Oaks Collection

Saint Vincent Square

Alexan Southside Place

East End affordable housing by New Hope

 

Please PM me if you'd like me to add anything else.

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I have added most of the new developments discussed in Going Up! in the last month to devmap.io, if they weren't already there. The following should appear on the map in a day or two:

City View Lofts

UH Housing at Scott and Elgin

The Mondrian

Fenix Estates

River Oaks Collection

Saint Vincent Square

Alexan Southside Place

East End affordable housing by New Hope

Please PM me if you'd like me to add anything else.

Could you link us?

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Stalled Projects are Back on The Boards

 

You might think construction projects are stalling left and right in Houston. Not so, according to panelists at yesterday morning’s Bisnow New Construction & Development event.

 

Arch-Con CEO Michael Scheurich (right, pictured with McGriff Seibels & Williams’ Marc Boots) says a number of developments were put on pause at the end of last year/early this year. But now people are breathing again, and most are back on. Moreover, many of them are even expedited. To his amazement, even office developments are all systems go again. He says the only projects he’s had pause and not return are multifamily.

 

Ziegler Cooper senior principal Kurt Hull (right, pictured with moderator Thompson & Knight partner Bruce Merwin) has a slightly different experience but the same general sense. He hasn’t seen any multifamily developments stall because of oil. He has had office projects go on hold in Uptown and The Woodlands, but then he also recently received some new pure office assignments. (Those single-use buildings will become increasingly rare this cycle, he says—already, almost every project Ziegler Cooper’s working on has some mix of uses.) Kurt says developers are back to being aggressive because they’re looking at multiple years of design and construction lead time, and because no one’s making new land—if you’re going to take advantage of the best sites, you need to do it now.

Read more at: https://www.bisnow.c..._medium=Browser

 

 

 

 

Houston Developers Defying National Percecption with New Projects

 

It’s almost trendy in other parts of the country to talk about how Houston will fail and to forget trying to get financing, Hanover Co CIO Brandt Bowden says. But they’re all wrong, and Hanover could break ground on another apartment complex here this year.

 

Hanover’s got two projects in lease-up, and Brandt (far right, with his fellow panelists at Bisnow’s New Construction & Development event Wednesday) says the firm was expecting a rough process at the end of last year. But he’s been pleasantly surprised; operations have remained strong. There was a huge overhang of multifamily demand—especially inside the Loop—that bled into this year.

 

2016 deliveries will be 40% lower than this year, and the pipeline isn’t being replenished. Hanover is considering starting construction on another development this year, and Brandt says it expects to do about three more in 2016 and 2017. If they don’t happen, it probably won’t be because of weak demand or fundamentals, Brandt says (although he does think operations might hit a snag later this year), but because there’s still been no relief on labor or construction prices.

 

Howard Hughes EVP Peter Doyle (center, with DHR International’s Sayres Dudley and Morris Architects’ Doug Childers) has been through seven cycles since 1965 and although he’s normally very optimistic, this time he’s prepared to hunker down. Office is getting negative absorption and he says almost every office building will end up with a sublease or two, so he expects rents to drop. But Peter admits he’s in favor of a softening in Houston and The Woodlands—the price of land, housing and leased space has increased so much that we’d started to lose our competitive edge versus other markets.

 

While development is easing in most sectors, retail is just coming to the table, says NewQuest EVP Chris Dray, pictured, left, with moderator Insgroup SVP Philip Wise. NewQuest has 13 retail projects under development, including three mixed-use centers inside the Loop. One of the biggest changes is the resurgence of the big box—six or seven power centers are planned across the metro. But he’s got his eye on something that’d be a true game changer. If Gulf Coast Commercial develops vertical retail at the former Tarkett site in the Heights, it’d be the first of its kind in Texas. Nothing definitive has been announced, but Chris believes it’ll happen and says “it’ll change everything.”

Read more at: https://www.bisnow.com/houston/news/mixed-use/houston-developers-defying-national-perception-with-new-projects-49116?utm_source=CopyShare&utm_medium=Browser

 

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I miss the flood of new proposals :(

 

You know when I joined this forum? 2007. During that time, there were proposals coming left and right. Titan... River Oaks District was massive with several highrises... Blvd place had several highrises...Turnberry Tower and there was a flood of other projects. Guess what happened? The financial crisis the next year. Projects either got cancelled or were indefinitely on hold. Just several years later and all of these projects materialized in some shape or form. Hell, even more projects beyond imagination appeared come late 2012 and 2013 and early 2014. I tend to post negative articles for the past year now about the Houston real estate market... but I'm a firm believer that we'll have another boom several years from now where we can be excited and see new proposals coming at us every week at the rate we saw during the last boom. This boom has brought us one step closer to becoming a truly urban place... I feel like it's improved the fundamentals of this city... actually seeing growth in downtown and the immediate area... parks completely revitalizing areas... Once overlooked areas becoming hot spots for activity.

 

 

 

Patience.... that's the biggest thing we'll need for right now.

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YES! You can't transform a city in 5 years it will take decades, especially a city the size of Houston. 

 

Basically you'll have your walkable city when you're using a walker or are dead.

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You know when I joined this forum? 2007. During that time, there were proposals coming left and right. Titan... River Oaks District was massive with several highrises... Blvd place had several highrises...Turnberry Tower and there was a flood of other projects. Guess what happened? The financial crisis the next year. Projects either got cancelled or were indefinitely on hold. Just several years later and all of these projects materialized in some shape or form. Hell, even more projects beyond imagination appeared come late 2012 and 2013 and early 2014. I tend to post negative articles for the past year now about the Houston real estate market... but I'm a firm believer that we'll have another boom several years from now where we can be excited and see new proposals coming at us every week at the rate we saw during the last boom. This boom has brought us one step closer to becoming a truly urban place... I feel like it's improved the fundamentals of this city... actually seeing growth in downtown and the immediate area... parks completely revitalizing areas... Once overlooked areas becoming hot spots for activity.

 

 

 

Patience.... that's the biggest thing we'll need for right now.

 

Haha, yeah, those were the days.  Remember that Deyaar(sp?) Post Oak proposal?  Like an 80 story tower right on Richmond/Post Oak?  

 

Man if only that thing went up, lol. 

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