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Development List For Buildings In Houston


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10 hours ago, toxtethogrady said:

So oil just hit $80 a barrel. Party time again?

I saw that too.  Not sure yet what impact, if any, this price increase is going to have.  Many company budgets are already set for 2022 with cautious spending programs and project economics based on $55/bbl +/- long term.  Unless the supermajors think this price level is going to hang around for more than 5 years or so, no one is going to want to risk spending megamillions on long term payout projects that only fly at > $55/bbl.  We've been here too many times before and been burned.  Remember, the cure for high oil prices is high oil prices and the cure for low oil prices is low oil prices.

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Bisnow article about Houston Retail Demand & Construction.....

"Houston is outpacing all other U.S. major metros when it comes to retail demand and construction deliveries, according to CBRE's latest market analysis— one of a pair of new reports indicating the city is poised for a strong retail rebound going into 2022."

https://www.bisnow.com/houston/news/retail/two-submarkets-help-buoy-houston-into-stronger-2022-retail-market-111561

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I'll be visiting Houston in late April. I definitely have a few projects I want to see like Montrose Collective, Post HTX, and the Ion. Anything else I should see? I'll be bringing my camera and taking pictures. Also off topic for this thread, but any new restaurants I should try? I'm sure there's been a bunch of new places popping up since I left Jan. of 2021. Also if anyone is interested in meeting up, I'm game for that as well.

Edited by Luminare
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On 1/26/2022 at 10:55 AM, Luminare said:

I'll be visiting Houston in late April. I definitely have a few projects I want to see like Montrose Collective, Post HTX, and the Ion. Anything else I should see? I'll be bringing my camera and taking pictures. Also off topic for this thread, but any new restaurants I should try? I'm sure there's been a bunch of new places popping up since I left Jan. of 2021. Also if anyone is interested in meeting up, I'm game for that as well.

Have you seen the Kinder MFAH? Think it opened late 2020

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10 minutes ago, Naviguessor said:

While in the Museum district, you shouldn't miss the Menil Drawing Institute and the Rothko Chapel, Visitor Center and new landscaping.  

Yes, Rothko was still closed before I left. I actually was at the grand opening week for the Menil Drawing Institute, but will be doing a walk through my old hood (Montrose).

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On 1/26/2022 at 10:55 AM, Luminare said:

I'll be visiting Houston in late April. I definitely have a few projects I want to see like Montrose Collective, Post HTX, and the Ion. Anything else I should see? I'll be bringing my camera and taking pictures. Also off topic for this thread, but any new restaurants I should try? I'm sure there's been a bunch of new places popping up since I left Jan. of 2021. Also if anyone is interested in meeting up, I'm game for that as well.

Make sure you swing through Memorial Park to see the progress there.

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Where are Houston's Fortune 500 companies?

"Downtown maintained its status as the top location for Houston’s Fortune 500 companies, although north Houston just made two big scores with Exxon Mobil and Hewlett Packard Enterprise."

https://www.houstonchronicle.com/business/texas-inc/article/where-are-houston-fortune-500-companies-located-16933965.php

jgBZYdF.jpg

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42 minutes ago, hindesky said:

Where are Houston's Fortune 500 companies?

"Downtown maintained its status as the top location for Houston’s Fortune 500 companies, although north Houston just made two big scores with Exxon Mobil and Hewlett Packard Enterprise."

https://www.houstonchronicle.com/business/texas-inc/article/where-are-houston-fortune-500-companies-located-16933965.php

jgBZYdF.jpg

Wow.  Ten downtown.  That is almost certainly second only to NYC.  (FWIW, Dallas has 4 downtown and 2 in Uptown.  Chicago has about 7 downtown.  Atlanta has 2 downtown and 1 in Midtown.)

Edited by Houston19514
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On 2/25/2022 at 1:45 PM, Houston19514 said:

Wow.  Ten downtown.  That is almost certainly second only to NYC.  (FWIW, Dallas has 4 downtown and 2 in Uptown.  Chicago has about 7 downtown.  Atlanta has 2 downtown and 1 in Midtown.)

Dallas almost can't be compared, because a lot of companies are in those suburban places north and west of the city. I would not be surprised if Frisco and Westlake rival Downtown.

And Exxon Mobil should not be on the list till next year. 

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