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Market Square Tower: 40-Story High-Rise For Downtown


Urbannizer

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 HFF announced today that it has arranged financing for the development of Market Square Tower, a 40-story, mixed-use tower that will include 463 luxury residential units and 21,000 square feet of retail in downtown Houston.

 

http://www.marketwatch.com/story/hff-arranges-financing-for-high-rise-mixed-use-development-in-downtown-houston-2014-09-03

 

Edit: Website - http://www.marketsquaretower.com/

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There was an instant pond created after the rains yesterday.  It was interesting to watch stuck vehicles get out of the hole.

 

They are still digging.  I wonder how deep they will go and what the underground area will be used for.  I had read that residents would park in the adjacent garage.

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I haven't seen what that auger thing is doing, but it's in another position today.

 

Ate lunch at Treebeards today and I parked by this project. Was funny to watch two construction workers fight... one worker got a little too close to another one with a street sweeper and the other one took it really personally. Pushed him off the sweeper too!  :rolleyes:

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Ate lunch at Treebeards today and I parked by this project. Was funny to watch two construction workers fight... one worker got a little too close to another one with a street sweeper and the other one took it really personally. Pushed him off the sweeper too!  :rolleyes:

 

I sure hope this is not demonstrative of the talent available in the labor pool. It's bad enough that I once went up in a tower under construction with a worker who was just arriving at the jobsite fresh from a DUI hearing. :wacko:

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I sure hope this is not demonstrative of the talent available in the labor pool. It's bad enough that I once went up in a tower under construction with a worker who was just arriving at the jobsite fresh from a DUI hearing. :wacko:

Another Axis apartments?

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  • 3 weeks later...

does that show the garage entrance/exit ramps facing the east/west sides of the block? we previously thought it was coming out the Preston/front side, closest to MSP, right? below the lower pool... now i would almost guess that area is just a covered pull up/valet type drive way, but im just speculating based on the schematics of the rendering.

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Oh boy, all of our fears were true, there will be absolutely no new retail facing the park in an attempt to match the other two sides of Market Square. And all of the "new retail" theyve been touting is actually all the old vacant retail in the ugly ass Kim Son garage.

The only "new retail" I see is a 1,400 square foot slot facing Preston.

Looks like they have made absolutely ZERO effort to interact with the park/square on the street/pedestrian level. Such a shame.

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Looks like they have made absolutely ZERO effort to interact with the park/square on the street/pedestrian level. Such a shame.

 

Even if you don't count Kim Son, there are multiple empty store fronts facing the park and that has been the case for decades.  Maybe someone could bring in an "anchor tenant" to make the immidiate vicinity more attractive, but all the area ever had was potential. Market Square was renovated into a nice park, but apart from the lunch crowd at Niko Niko's, homeless people and the few folks living in the vicinity with dogs, pretty much everyone makes zero effort to interact with the square. 

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Except the new Hines tower.

 

It will be interesting to see how the park atmosphere changes once these are both up and hopefully full of people. It seems under-utilized at the moment, maybe the extra residents and design of the Hines area will be enough of an anchor to fill in a lot of the other stuff.

 

The Chronicle garage is for sale too. If the tower on the parking lot gets built, something might become of it as well, then you would just have the old bank drive through across the intersection as non-interactve real estate around the place as opposed two the two full sides and two corners with pretty much nothing that has been the case since the park was cleaned up.

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Umm.. I guess no one realized the entire side of Market Square Park facing this tower/Kim Son is divided from the rest of the park with a large wall and completely fenced in for a dog park. Do you really want to sit at some sidewalk patio/cafe location and watch dogs take shits across the street from you the whole time? Doesn't seem very appealing to me. I don't think the retail is that bad. I just think they if they don't anchor a large tenant taking up all the northern retail spaces then they will have a hard time leasing the central retail block that lacks any street front connectivity.

With all that said, does anyone know if GFR was ever planned for International Tower? Given the hundreds of new residents around the park, I almost wouldn't mind seeing the International Tower plot be turned into more park space and just build a big development at the Chronicle garage. Or at least the north half of the block be greenspace and a hotel or something on the southern half. Though then the garage next to Hogg(?) Lofts would have a prime park front location and need to be redeveloped.

Edited by cloud713
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Umm.. I guess no one realized the entire side of Market Square Park facing this tower/Kim Son is divided from the rest of the park with a large wall and completely fenced in for a dog park. Do you really want to sit at some sidewalk patio/cafe location and watch dogs take shits across the street from you the whole time? Doesn't seem very appealing to me. I don't think the retail is that bad. I just think they if they don't anchor a large tenant taking up all the northern retail spaces then they will have a hard time leasing the central retail block that lacks any street front connectivity.

 

 

You have a point. For this reason alone, I cannot imagine why these *#*#*#*#* dog parks are getting popular and seem to be everywhere these days. Next thing you know, they will allow dogs in restaurants. Ugh.

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Easily reworked where? Maybe if they went with my idea to convert the International Tower block to park space and move IT to the Chron garage. Other than creating more park space nearby I don't see where you can move the dog park without dramatically reducing it's size.

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You have a point. For this reason alone, I cannot imagine why these *#*#*#*#* dog parks are getting popular and seem to be everywhere these days. Next thing you know, they will allow dogs in restaurants. Ugh.

Lol, I don't mind dog parks. Or dog friendly places around town.. But to complain about not having retail that faces a dog park seems a little silly to me..

Does this walled off dog park really seem like a prime location to face retail, trying to engage in park visitors? Unless is an urban format petco/petsmart or something I don't see any retail being better off there than the planned locations.

Dog-Park-at-Market-Square-in-Downtown-Ho

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Come on, Cloud.  As silly as saying that retail is less viable because it is across the street from a Dog Park?  For those who don't like dogs, I doubt they would even notice them across the street, across 5 lanes of Traffic. 

 

LTAWACS - Seriously?  Where should city dwellers take their dogs to play, interact and do their business.  Makes the neighborhood a lot more livable.  For everyone. 

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I would be surprised if potential residents are not excited about the dog park right across the street. The sales office is probably promoting the heck out of that in their Geocites kind of way.

Haha. Don't get me wrong. It's very convenient for people with dogs, but having a location for GFR that faces the dog park? Not so much..

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