Jump to content
Urbannizer

Development List for Buildings in Houston

Recommended Posts

I didn't want to start a new thread for this, since I think there's got to be one already. Swamplot mentions a shelved project that was going to take down the Georgian Apartments on Willowick may be still in the offing. It was supposed to be a 40-story development. I can't imagine it being anywhere close to starting, but it's apparently still alive, as the buyer has received an extension...

 

http://swamplot.com/on-then-off-sale-of-the-georgian-apartments-near-highland-village-is-on-again-maybe/2015-01-26/

 

georgian-willowick.jpg

Edited by toxtethogrady
  • Like 1

Share this post


Link to post
Share on other sites

Does anyone have a list of proposed projects since say 2013 (preferably only office) that have been put on hold? Would be interested to see how many of these there are. Thanks!

Share this post


Link to post
Share on other sites

I check the Forbes List Every Year for Cities with the Most New Construction.

 

Houston has been in the Top 3.

It often goes

1. NYC

2. Dallas

3. Houston

 

Check out 2014 for some pinnacle of the boom bragging rights.

 

http://www.forbes.com/sites/erincarlyle/2014/11/11/building-boom-towns-metro-areas-with-the-most-new-construction-in-2014/

 

For 2015 article head here:

 

www.forbes.com/sites/erincarlyle/2015/01/27/americas-fastest-growing-cities-2015/

 

01. Houston

02. Austin

03. Dallas

08. Fort Worth

10. San Antonio

Edited by jdkamerer
  • Like 1

Share this post


Link to post
Share on other sites

 

At last year’s Houston Apartment Association event, Orion CEO Kirk Tate called the last two years the best of his 40-year career. He also said, “We have memories, and we wonder what’s going to happen when the music stops. I don’t want to be holding too much when it stops.”

At Tuesday’s meeting, Tate said Houston has been “red-lighted” by lenders. He said developers have opportunities in lower-end Class B and C apartments to refurbish those products. But management companies need to take care of their residents in light of the new competition in Class A apartments coming to the market.

Brandt Bowden with the Hanover Company agreed that capital for new construction has dried up in Houston. He said the drop could be a positive, as things were heating up very fast in the last few years and construction costs became inflated.

“Ultimately, there was a fever in Houston,” Bowden said. “The drop in oil broke that fever. We are getting cautious.”

http://blog.chron.com/primeproperty/2015/01/houston-apartment-outlook-not-as-rosy-as-oil-price-tumbles/

  • Like 1

Share this post


Link to post
Share on other sites

I check the Forbes List Every Year for Cities with the Most New Construction.

 

Houston has been in the Top 3.

It often goes

1. NYC

2. Dallas

3. Houston

 

Check out 2014 for some pinnacle of the boom bragging rights.

 

http://www.forbes.com/sites/erincarlyle/2014/11/11/building-boom-towns-metro-areas-with-the-most-new-construction-in-2014/

I'm actually surprised at where Dallas-Fort Worth ranks. While active, the area has not seen anywhere near the highrise development that Houston has. Knowing that two-thirds of the new Houston projects are petrochemical plants, I have to suspect a large share of the Dallas-Fort Worth projects are also other than buildings. There's been a lot of work on the DFW freeways and it is continuing for another few years.

Edited by toxtethogrady
  • Like 1

Share this post


Link to post
Share on other sites

Does anyone know why there is a construction elevator on the River Oaks Luxury apartment building on Westheimer?  

  • Like 1

Share this post


Link to post
Share on other sites

Any news on when the city will release an updated downtown development map?

 

Updated downtown residential and hotel maps posted today. No material updates from what I can tell.

 

Residential

http://www.downtownhouston.org/site_media/uploads/attachments/2015-01-28/150126_Residential_Map_1-28-15.pdf

 

Hotel

http://www.downtownhouston.org/site_media/uploads/attachments/2015-01-28/Hotels_Map_2015.pdf

 

Also, I realize this is fairly technical, but believe the Downtown District and not the city produces the development map. 

  • Like 2

Share this post


Link to post
Share on other sites

Is Block 242 really under construction? I didn't think any progress was made on that one.

Share this post


Link to post
Share on other sites

Updated downtown residential and hotel maps posted today. No material updates from what I can tell.

 

Residential

http://www.downtownhouston.org/site_media/uploads/attachments/2015-01-28/150126_Residential_Map_1-28-15.pdf

 

Hotel

http://www.downtownhouston.org/site_media/uploads/attachments/2015-01-28/Hotels_Map_2015.pdf

 

Also, I realize this is fairly technical, but believe the Downtown District and not the city produces the development map. 

 

Thanks for the correction.

 

That one map of the residential in downtown is really glaring as far as the location and numbers of units downtown. It really puts into perspective that even after this latest boom we still have a long long time to go before there is a noticeable difference in the number of people living, and walking around downtown.

Share this post


Link to post
Share on other sites

Thanks for the correction.

That one map of the residential in downtown is really glaring as far as the location and numbers of units downtown. It really puts into perspective that even after this latest boom we still have a long long time to go before there is a noticeable difference in the number of people living, and walking around downtown.

Not a noticeable difference? They are tripling the total number of residential units downtown.. Sure it will "only" be 7,500 or so people vs 2,500. But that's 5,000 more people to potentially be out walking the streets of downtown breathing pedestrian life into the area outside of the typical 9-5 business hours. It will definitely be noticeable. Now wether it's a "significant" population for a downtown area is a whole different story...

Share this post


Link to post
Share on other sites

You should know by now cloud that I think that this is all awesome stuff, but just saying the job still isn't done and I hope that the City still understands that. We will know if they do understand when they hopefully renew the incentive program for another round.

  • Like 2

Share this post


Link to post
Share on other sites

I don't think they plan to renew the incentives program any more.. I'd be surprised if they did. I think the idea was once enough development started and a residential base was proven to be successful these developments would start coming downtown on their own, sans any incentives.

Share this post


Link to post
Share on other sites

I don't think they plan to renew the incentives program any more.. I'd be surprised if they did. I think the idea was once enough development started and a residential base was proven to be successful these developments would start coming downtown on their own, sans any incentives.

 

True, but I don't think it's enough yet. We won't know the results of these latest builds for at least 3-5 years and that leaves a sizable gap in the number of possible developments you could attract. I think a second round of incentives might be in order. Maybe not a blanket incentive, but ones that target different areas of downtown and is a bit more selective and specific from a design standpoint. That way they aren't just throwing more money, but instead are focusing their efforts.

  • Like 2

Share this post


Link to post
Share on other sites

Not a noticeable difference? They are tripling the total number of residential units downtown.. Sure it will "only" be 7,500 or so people vs 2,500. But that's 5,000 more people to potentially be out walking the streets of downtown breathing pedestrian life into the area outside of the typical 9-5 business hours. It will definitely be noticeable. Now wether it's a "significant" population for a downtown area is a whole different story...

Hmm a rough count shows about 3200 units (current and fyture) south of the planned Dallas district and east of the skyline district. That seems major to me on an area that was mainly surface lots/low rise buildings.

  • Like 3

Share this post


Link to post
Share on other sites

WTI Oil's at $52 a barrel this afternoon, and I'm not sure why.

 

The Chronicle had an article that said $50 a barrel oil was going to shift the center of gravity for development from the west side to the east side. The problem is a lot of those petrochemical plants operate with minimal staffs, so employment will drop after construction is done. On the other hand, the developers can always try to entice manufacturers of products using plastics to set up close to the plants do as to take advantage of the raw materials being generated, and that may employ a larger number of people. Throw in the pending opening of the Panama Canal, and there's an incentive for a whole lot more manufacturing, warehousing and distribution.

 

But oil back at $75 will allow this town to continue growing without sending prices at the pump above $3 a gallon.

  • Like 2

Share this post


Link to post
Share on other sites

Found this on Swamplot this morning that featured a blog about Downtown. Attached to the blog was this recent presentation which is very comprehensive and has a lot of enticing stuff to look forward too:

 

https://www.dropbox.com/s/3cpcamao57yz1gh/Central%20Houston%20member%20presentation%201-13-15%20-%20final-sm.pdf?dl=0

 

 

I'll take some screenshots of some of the more compelling images. One being a development plan for the reworking of the Pierce elevated, which might make the truth about TXDOT making some serious changes to the recent plans due to public feedback, a reality. Another images is on the second slide which shows the growth from 2007 to 2017 (full build out).

Edited by Luminare
  • Like 2

Share this post


Link to post
Share on other sites

One being a development plan for the reworking of the Pierce elevated, which might make the truth about TXDOT making some serious changes to the recent plans due to public feedback, a reality.

woah! looks like they might actually be going through with the idea i had a few years back. that would be fantastic.

Share this post


Link to post
Share on other sites

woah! looks like they might actually be going through with the idea i had a few years back. that would be fantastic.

 

Me and you probably had the same idea. I was actually working on a concept till work got super busy. I imagine that because they aren't really going to be touching this rebuild for another 5-10 years maybe even more it better to go forward with a more sweeping vision than the lowest possible effort which would have been to just expand all the freeways. It's come to a point where that just isn't practical and there is a serious movement to take away the Pierce anyway as well as getting rid of the eye sore which is 59. Still a long way to go, but it looks like this might overall be a victory for the communities at large. The one piece that needs to be seriously addressed is the portion of the freeway further up White Oak Bayou where 45 converges on I-10. I think that is a perfect opportunities to dramatically change that entire interchange and create something that is very unique to houston. Possibly a signature and better organization between the Wards, freeways, and the bayou. If the East End and Washington Corridors were able to change TXDOT's mentality then certainly those areas can as well.

Edited by Luminare
  • Like 1

Share this post


Link to post
Share on other sites

I don't remember where it was posted about the suburban styled chase bank in downtown and how it did not fit in that part of town. Just read in the chron that it is now for sale.

 

http://www.houstonchronicle.com/business/columnists/sarnoff/article/Luxury-tower-to-be-built-near-Galleria-50-oil-6079880.php 

i posted that comment. that bank has always irked me.. glad to see such a prime piece of property is finally on the market to be redeveloped. i just hope whoever gets it has a bit of imagination and connects the site into the bayou (it runs under one corner of the site). one of those high end hotels with residences on top could be cool here.. Market Square needs a hotel and Houston could use a Ritz or something of the like.

  • Like 4

Share this post


Link to post
Share on other sites

i posted that comment. that bank has always irked me.. glad to see such a prime piece of property is finally on the market to be redeveloped. i just hope whoever gets it has a bit of imagination and connects the site into the bayou (it runs under one corner of the site). one of those high end hotels with residences on top could be cool here.. Market Square needs a hotel and Houston could use a Ritz or something of the like.

Hotel Icon is right across the street from Market Square

Share this post


Link to post
Share on other sites

Hotel Icon is right across the street from Market Square

Down the block from the park, yeah.. Admittedly I thought it was on the other side of Main, but still. I think Market Square could use a high profile hotel vs more residential or something.

Share this post


Link to post
Share on other sites

Don't forget the bayou running under the northern corner of the site, prime for a direct bayou trail connection to the site.

  • Like 1

Share this post


Link to post
Share on other sites

Building in question.

15919532153_f5d75707ac_c.jpg

That bank was featured in a scene in the movie Paris, Texas, and the architecture is a unique relic of Houston's "space city" heyday. That said, tear the damn thing down, it's an embarrassment.

I wonder how floodplain issues affect this block.

Not sure what redevelopment prospects are like with the Downtown Living Initiative used up, the block south of Market Square waiting to be developed, the Houston Chronicle building going on the market, and the economy being what it is.

If it were my investment, I'd probably hold it and wait for Midway to do their thing with the post office site.

Share this post


Link to post
Share on other sites

And here comes the wet dreams of a W hotel.

Agreed. What's the big deal with that brand anyways?

Share this post


Link to post
Share on other sites

Perhaps we should start a new Development List for Buildings in Houston 2015 thread?

Edited by arche_757
  • Like 2

Share this post


Link to post
Share on other sites

Perhaps we should start a new Development List for Buildings in Houston 2015 thread?

 

Wow, I've been coming to this forum for years and I never even noticed a month and year there. Yea, that should be removed altogether.  :P

Share this post


Link to post
Share on other sites

Anybody else worried that the Dallas st section says street improvements but makes no reference to a retail district? In fact were the image once show the st with big bill boards it just black building now

  • Like 1

Share this post


Link to post
Share on other sites

not really.. if you havent seen/heard this.. heres this little tidbit showing the city obviously hard at work to make this retail district a reality.

 

 

 

 

From an email I received:

 

" In January 2013, Mayor Parker announced the formation of a Downtown Retail Task Force to research available retail opportunities and consider physical and policy changes needed to address challenges currently impacting Downtown's consumer appeal, ease of shopping, recruitment, commerce and ability to attract retailers.

Later that year, the Task Force issued a report which concluded that market demand exists for urban lifestyle options with a mix of hard and soft goods retailers, food and entertainment within an urban shopping district. It also determined that an important factor for success is establishing a critical mass of retailer space by securing commitments from property owners to participate in development, coordinated management, leasing and promotion of the shopping district.

 

 

Yesterday's action item acquired full Board approval to execute the Memorandum of Understanding and initiate a Request for Qualifications (RFQ) for the redevelopment of 1010 Lamar and 1111 Main Street. The RFQ for the redevelopment of the Site will seek a developer and design team to develop, own and operate a mixed-use development at the current location of the Garage Facility and the ground floor and second floor of the Office Building in accordance with minimum requirements established in the RFQ document."

 

Share this post


Link to post
Share on other sites

Good to know, I think that the last component is retail..it started green space which attractions residents, which attracted bars/restaurants, which attracted more residents which hopefully will attract retail

  • Like 2

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...

×
×
  • Create New...