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The Travis: 30-Story High-Rise At 3300 Main St.

Urbannizer

By Urbannizer
in Midtown

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Urbannizer
Urbannizer

http://www.rtkl.com/wip/the-winners/3300-main/         RTKL Associates was also the architect for 2929 Weslayan.          

midtowndweller
midtowndweller

They FINALLY turned the lights back onto the building! Waited for months to take a pic for y’all!  

phillip_white
phillip_white

Midtown's rapidly expanding skyline district:    

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brijonmang

brijonmang

Posted
Posted
3 hours ago, ArtNsf said:

 

thanks brijonmang !  you always post the absolute best and most thoughtful photos on this forum bar none.  I really appreciate your style.

 

 

You're too kind, sir! Wish I had more free time recently to get out and get some shots of all the new stuff going up but hopefully soon I'll be able to provide some additional updates.

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X.R.

X.R.

Posted
Posted
On 8/13/2019 at 10:26 PM, mattyt36 said:

 

Apartments

 

I watched that video and it mentioned "mixed-use" so I think its apartments + ground floor retail. Went back in the thread and their most recent piece of design mentioned something like 5k+ sq. ft or so of retail. 

 

Also, project end date was 5/2020, right? Midtown next summer is going to be crazy. This finally open, caydon in full swing, Pearl leased up, and the whole foods is open. 

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hindesky

hindesky

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jeff-jeffrey-1*90xx1000-1333-0-0.png
By Jeff Jeffrey  – Reporter, Houston Business Journal 
an hour ago
 

For the second time this week, a high-rise, mixed-use development in one of Houston’s busiest submarkets for multifamily projects celebrated a major construction milestone.

Developers behind the 30-story residential tower known as The Travis toasted the building’s topping out Sept. 10, according to a news release. The project, which is located at 3300 Main St. in Midtown, was developed by the Houston office of Washington-based Madison Marquette, with investment support from Los Angeles-based AECOM Capital.

Located on a 1.16-acre lot, the luxury high-rise building will be one of just a few apartment towers in Midtown. Developers plan to begin delivering the building’s 328 residential units to tenants in spring 2020. The project also includes 14,967 square feet of retail space on the ground floor.

Apartment units in The Travis average about 1,114 square feet. Residents will have access to a two-story fitness center and aqua lounge, a 3/4-acre pool and an amenity deck looking out over Main Street. 

Residents can also expect canted bay windows and balconies that offer downtown views to the north and east and continuous balconies on the south. 

Architects from Baltimore-based CallisonRTKL designed the building, while AECOM Hunt served as general contractor. 

“We’re very excited to contribute to the positive growth taking place in the vibrant Midtown submarket,” Bryant Nail, Madison Marquette executive vice president of multifamily development, said in the release.

Developers broke ground on The Travis in May 2018, shortly before Houston-based PM Realty Group LP merged with Madison Marquette. 

 

At the time, it had been about a year and a half since PMRG purchased the property from the Midtown Redevelopment Authority. 

Elsewhere in Midtown, residential leasing at Australian developer Caydon’s first stateside luxury mixed-use project has gotten underway. Caydon reported in July that it had already leased over 10 percent of the apartment units in the 27-story high-rise at 2850 Fannin St., known as Drewery Place. 

Caydon topped out on Drewery Place in December. 

Also this week, The Residences at La Colombe d’Or, Hines’ 34-story multifamily tower standing behind the historic hotel of the same name in Montrose, celebrated its topping out. 

While much of the $140 million building remains under construction, Hines plans to begin delivering the building’s 265 units to residents by the second quarter of 2020.

As of December, the submarket that encompasses Montrose, the Museum District and Midtown had seven apartment projects under construction, according to Houston-based ApartmentData.com. That area was second only to the Katy-Cinco Ranch-Waterside submarket, with 10 projects. As of May, there were 3,974 residential units proposed for the Montrose-Museum-Midtown submarket, the most of any submarket in the Houston area, per ApartmentData.com.

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X.R.

X.R.

Posted
Posted (edited)

"As of December, the submarket that encompasses Montrose, the Museum District and Midtown had seven apartment projects under construction, according to Houston-based ApartmentData.com. That area was second only to the Katy-Cinco Ranch-Waterside submarket, with 10 projects. As of May, there were 3,974 residential units proposed for the Montrose-Museum-Midtown submarket, the most of any submarket in the Houston area, per ApartmentData.com."

 

Holy crap. That is craaazy amount of residential units for what seems like a small part of town. And Katy-Cinco Ranch-Waterside would make sense with all the development over there. And that comparison is nice, cause it really shows that this portion of town is competing, in part, with the growth seen in what I think is widely known to be one of the fastest growing parts of the H. 

 

I would cross post this to Downtown Apartment thread because while we're like "man, 400 units!" midtown/montrose/museum district is like "man, 4000 units!" 

Edited by X.R.
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j_cuevas713

j_cuevas713

Posted
Posted
1 hour ago, X.R. said:

"As of December, the submarket that encompasses Montrose, the Museum District and Midtown had seven apartment projects under construction, according to Houston-based ApartmentData.com. That area was second only to the Katy-Cinco Ranch-Waterside submarket, with 10 projects. As of May, there were 3,974 residential units proposed for the Montrose-Museum-Midtown submarket, the most of any submarket in the Houston area, per ApartmentData.com."

 

Holy crap. That is craaazy amount of residential units for what seems like a small part of town. And Katy-Cinco Ranch-Waterside would make sense with all the development over there. And that comparison is nice, cause it really shows that this portion of town is competing, in part, with the growth seen in what I think is widely known to be one of the fastest growing parts of the H. 

 

I would cross post this to Downtown Apartment thread because while we're like "man, 400 units!" midtown/montrose/museum district is like "man, 4000 units!" 

The population density continues to increase. 

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Luminare

Luminare

Posted
Posted
2 hours ago, X.R. said:

"As of December, the submarket that encompasses Montrose, the Museum District and Midtown had seven apartment projects under construction, according to Houston-based ApartmentData.com. That area was second only to the Katy-Cinco Ranch-Waterside submarket, with 10 projects. As of May, there were 3,974 residential units proposed for the Montrose-Museum-Midtown submarket, the most of any submarket in the Houston area, per ApartmentData.com."

 

Holy crap. That is craaazy amount of residential units for what seems like a small part of town. And Katy-Cinco Ranch-Waterside would make sense with all the development over there. And that comparison is nice, cause it really shows that this portion of town is competing, in part, with the growth seen in what I think is widely known to be one of the fastest growing parts of the H. 

 

I would cross post this to Downtown Apartment thread because while we're like "man, 400 units!" midtown/montrose/museum district is like "man, 4000 units!" 

 

Whats really great about it is that the inner city is finally starting to compete head to head in numbers with suburbia. This could even be a tipping point. Whats even more impressive is that the Katy-Cinco Ranch-Waterside market is a much larger area than the Montrose-Museum-Midtown market and yet its going toe to toe with it. For past few years we were all really impressed by the growth of the inner city, but it still didn't compare to the growth that was still happening in suburbia, but now it seems with this data that turn is beginning to happen. This also corresponds to the continued uptick in announcements and planned developments either underway or proposed and it doesn't look like its slowing down. Its even exceed my expectations. I thought we wouldn't see those numbers for at least another couple years or until at the end of 2020. While working on the map 2020 keeps popping up everywhere. It looks to be a banner year for this city either for projects to be completed or projects to get started. Exciting times. Let the good times roll.

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TheSirDingle

TheSirDingle

Posted
Posted
2 hours ago, Luminare said:

 

Whats really great about it is that the inner city is finally starting to compete head to head in numbers with suburbia. This could even be a tipping point. Whats even more impressive is that the Katy-Cinco Ranch-Waterside market is a much larger area than the Montrose-Museum-Midtown market and yet its going toe to toe with it. For past few years we were all really impressed by the growth of the inner city, but it still didn't compare to the growth that was still happening in suburbia, but now it seems with this data that turn is beginning to happen. This also corresponds to the continued uptick in announcements and planned developments either underway or proposed and it doesn't look like its slowing down. Its even exceed my expectations. I thought we wouldn't see those numbers for at least another couple years or until at the end of 2020. While working on the map 2020 keeps popping up everywhere. It looks to be a banner year for this city either for projects to be completed or projects to get started. Exciting times. Let the good times roll.

I guess the developers have a 20-20 vision. 

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H-Town Man

H-Town Man

Posted
Posted
On ‎9‎/‎12‎/‎2019 at 5:37 PM, Luminare said:

 

Whats really great about it is that the inner city is finally starting to compete head to head in numbers with suburbia. This could even be a tipping point. Whats even more impressive is that the Katy-Cinco Ranch-Waterside market is a much larger area than the Montrose-Museum-Midtown market and yet its going toe to toe with it. For past few years we were all really impressed by the growth of the inner city, but it still didn't compare to the growth that was still happening in suburbia, but now it seems with this data that turn is beginning to happen. This also corresponds to the continued uptick in announcements and planned developments either underway or proposed and it doesn't look like its slowing down. Its even exceed my expectations. I thought we wouldn't see those numbers for at least another couple years or until at the end of 2020. While working on the map 2020 keeps popping up everywhere. It looks to be a banner year for this city either for projects to be completed or projects to get started. Exciting times. Let the good times roll.

 

This is similar to the wave of groundbreakings that happened in winter 2015. Missed recession by a hair. Hopefully we can get all this stuff underway before another recession hits. Layoffs have been happening in oil with more expected to come, and the global economy is also treading water.

 

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Luminare

Luminare

Posted
Posted
51 minutes ago, H-Town Man said:

 

This is similar to the wave of groundbreakings that happened in winter 2015. Missed recession by a hair. Hopefully we can get all this stuff underway before another recession hits. Layoffs have been happening in oil with more expected to come, and the global economy is also treading water.

 

 

Yeah depends. I've also seen forecasts that state that even if we do fall into a recession sometime in late 2020 that it definitely won't be anything massive. More like something were economies are just kinda sluggish. If its just a normal slowdown type recession than it won't last for more than a year or two. The wild card is the Trade War with China. If that cools off and prices go back down in regards to materials and products than things could spike again. Its just to soon to tell. I think 2Q 2020 is when we will really know. At least here in Houston things are chugging along just fine and normally we weather recessions better than most.

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Twinsanity02

Twinsanity02

Posted
Posted (edited)

 My impression is that Houston used to be fairly "recession proof"in years past. We had recessions in the 50's and 70's which did not effect the city much in terms of growth. The Oil bust effected Houston,  but not the country as a whole. I don't believe the national recession of the early 90's had much impact here. My point is recessions can be national or regional, and  in the past it is the regional recessions which have impacted us the most. So I haven't a clue what a national recession would cause here.

Edited by Twinsanity02
typing error
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Luminare

Luminare

Posted
Posted
4 hours ago, Twinsanity02 said:

 My impression is that Houston used to be fairly "recession proof"in years past. We had recessions in the 50's and 70's which did not effect the city much in terms of growth. The Oil bust effected Houston,  but not the country as a whole. I don't believe the national recession of the early 90's had much impact here. My point is recessions can be national or regional, and  in the past it is the regional recessions which have impacted us the most. So I haven't a clue what a national recession would cause here.

 

Correct. The only national recession that actually effected us was the Great Recession, and that was particularly abnormal due to the particular industry which caused it, the housing collapse. From what I've seen, that industry is much more cautious than it was then. A lot of the indicators that are being looked at for this potential recession don't relate in a significant way to our major industries. At least, this is how I understand it. I'm not an economist. My only worry about a possible recession that I keep looking at is the unemployment rate. When the unemployment is this low for some reason things get a little wonky. It just doesn't stay this low for long, and the question is what happens when unemployment starts to tick back up. Other than that I just don't see it...at least for 2019 or even 2020. Now 2021, that's where it gets dicey. Again, not an economist, so we will just have to see.

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