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40-Story High-Rise Development at 1660 Post Oak Blvd.

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Well that one group of people were trying to stop it already and a few live in the Cosmo

 

I'm sure the developers of Cosmo had to of known that they weren't going to be the lone ranger for very long. I am sure that they did their homework and made sure to tell each new tenant that views aren't guaranteed for the duration of the lease agreement. 

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I'm sure the developers of Cosmo had to of known that they weren't going to be the lone ranger for very long. I am sure that they did their homework and made sure to tell each new tenant that views aren't guaranteed for the duration of the lease agreement.

The Coso are condos, so it doesn't really matter if the developers knew. It's up to each individual owner to do their own due diligence before buying.

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The above sketch does not indicate the roof of the building. I wonder if this will end up having two pool decks, including one on the roof, to keep up with Market Square Tower downtown.

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Well, you see, Al Jaffee's original design called for a giant fly to be squashed onto the side of the building... :P

 

I wasn't an architect when I first saw that cartoon; I believe I was still in junior high. As a current architect though, with my fair share of experience in the field, it is one of the funniest cartoons I have ever seen. Sometimes the poor contractor builds exactly what the architect drew and then gets blamed for not knowing better.  :blush:

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http://blog.chron.com/primeproperty/2014/11/amreit-updates-development-plans-for-uptown-park/

 

1670 Post Oak: An agreement with Lynd Development to build a 40-story, 350-unit high-rise multifamily building above ground-floor retail. AmREIT would retain ownership of the land, 1.58 acres at the northwest corner of San Felipe and Post Oak Boulevard now known as the Courtyard at Post Oak. It would lease the land to the Lynd venture and also own an interest in the retail, parking garage and multi-family portion. The project cost is estimated at $146 million, and construction could begin within the next year.

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It is a good to see they have a partner for this development. I suspect the "construction could begin" suggests this development will wait until some of the other highrises have been completed and at least somewhat leased out. 

 

This will be a nice addition to the Uptown Skyline when developed--although that may be a few years out.

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Well, it's not in the "15 month" category, so that suggests it's higher up the priority list.

 

That said, this town is spitting out 40-story proposals right and left. I'm waiting for the first one that goes 60 stories.

Edited by toxtethogrady

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Well, I'll take a number of 40-story developments. Five years ago, 40 stories would have had a real "wow" factor. Today, we've become spoiled and numb to them. The good news is that, after some of these (e.g. this tower, Hanover River Oaks, Market Square Tower), it just might take a 60-story development to get the same pop.

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http://blog.chron.com/primeproperty/2014/11/amreit-updates-development-plans-for-uptown-park/

1670 Post Oak: An agreement with Lynd Development to build a 40-story, 350-unit high-rise multifamily building above ground-floor retail. AmREIT would retain ownership of the land, 1.58 acres at the northwest corner of San Felipe and Post Oak Boulevard now known as the Courtyard at Post Oak. It would lease the land to the Lynd venture and also own an interest in the retail, parking garage and multi-family portion. The project cost is estimated at $146 million, and construction could begin within the next year.

That's great news. I was sitting at that traffic light yesterday, and can't believe how much it has changed this year. That will be a high profile location. I hope they do a handsome design.

Too bad txDot has screwed up the bus transit lane etc. The area really needs it.

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Well, it's not in the "15 month" category, so that suggests it's higher up the priority list.

That said, this town is spitting out 40-story proposals right and left. I'm waiting for the first one that goes 60 stories.

heh.. I brought up this very same point in a thread a while back..

http://www.houstonarchitecture.com/haif/topic/30698-residential-height-barrier/?fromsearch=1

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They were taking down the signage for Parvizian Rugs this morning. I know Lynd backed out months ago so who knows what it means but it was interesting to see.

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They were taking down the signage for Parvizian Rugs this morning.

 

Isn't Parvizian known for always having a "going out of business" sale? Or is that all rug merchants?

Edited by toxtethogrady
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They are definitely still there.  Maybe with an even more permanent sign (??).  The Verizon store (directly south) definitively had all of its signage removed.

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They were taking down the signage for Parvizian Rugs this morning. I know Lynd backed out months ago so who knows what it means but it was interesting to see.

 

aannnnnd now they're looking for a tenant to take over the retail space where Verizon was. Guessing this site will not be redeveloped anytime soon.

 

http://edens.com/Centers/TX/Houston/Courtyard-on-Post-Oak

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Could the demand exist for very high end condos in a tall, skinny tower similar to what's going up in New York? Think an average of fewer than one unit per floor. The shape of this parcel is peculiar and a tall-skinny that would require less parking might get the job done if any demand could be drummed up.

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Could the demand exist for very high end condos in a tall, skinny tower similar to what's going up in New York? Think an average of fewer than one unit per floor. The shape of this parcel is peculiar and a tall-skinny that would require less parking might get the job done if any demand could be drummed up.

 

Since it is next to a Randall Davis, will he buy it and try and tie it to his other one? A little Charles E. Smith Crystal City of buildings owned by one guy.

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Since it is next to a Randall Davis, will he buy it and try and tie it to his other one? A little Charles E. Smith Crystal City of buildings owned by one guy.

The space is larger than the Cosmo lot. You could easily fit a Cosmo oriented East-West on the parcel which would minimize 'view destruction' for the Cosmo. Whatever is planned there I'm sure the Cosmo will end up suing. Between this and the current BRT suit, those guys will be shelling out some major coin.

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What is it with the Cosmo people that makes them feel so entitled?

They should just pool together, buy the lot, allow development up until the height of the Cosmo garage. 'Murica. Edited by Montrose1100
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Yesterday I saw what looked like core soil test drilling going on right next to the Verizon building. Maybe something is going to happen after all.

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more renderings/schematics of that Johnson + Ritchie hotel/residential mixed use tower that was shown as "conceptual" earlier in this topic..

http://www.pjararchitects.com/#!post-oak-tower/c252g

 

That site plan is an enormous waste of space. Do they really need that driveway like that? Yuck. Its also not exactly an inspired design. Then again this looks very conceptual and I hope this one stays that way.

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That site plan is an enormous waste of space. Do they really need that driveway like that? Yuck. Its also not exactly an inspired design. Then again this looks very conceptual and I hope this one stays that way.

 

Interesting that the site plan on their website only has one tenant listed, the rug store. Did the others already expire and move out? Maybe they're planning on moving forward?

 

Another question is, wasn't that old rendering with Amreit before they were bought out? It's likely Eden (Amreit buyer) will have their own ideas, plan and rendering.

 

http://edens.com/centers/TX/Houston/Courtyard-on-Post-Oak

Edited by lockmat
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yeah, the renderings are clearly not recent, and like you said the new owners will probably have their own ideas. just figured id share the link. did we know they wanted a hotel component for this?

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Sounds like Dinerstein is now the developer for this site?

 

Here’s our full Uptown panel: Kendall, Eric, Steve, Jonathan, Lisa, Bob and David. A couple of our experts mentioned their excitement about the upcoming Dinerstein project at the northwest corner of Post Oak and San Felipe. Steve says the multifamily community will have 30k SF of retail. 

Read more at: https://www.bisnow.com/houston/news/mixed-use/uptown-one-of-houstons-strongest-submarkets-but-needs-mass-transit-52598?rt=title_alt_1?utm_source=CopyShare&utm_medium=Browser

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Is there a rendering for the Dinnerstein project, and are we talking about Post Oak Blvd. and San Felipe. If so then this is

right in front of Randall Davis's first high rise on Post Oak? I'm sorry but I'm just trying to clarify which Post Oak were

talking about.

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Is there a rendering for the Dinnerstein project, and are we talking about Post Oak Blvd. and San Felipe. If so then this is

right in front of Randall Davis's first high rise on Post Oak? I'm sorry but I'm just trying to clarify which Post Oak were

talking about.

 

Not one available yet. I believe it's indeed the site in front of The Cosmopolitan as the article refers to the NW corner of Post Oak & San Felipe. That or the shopping center next to it. NW corner of Post Oak Lane/San Felipe is where the Four Leaf towers sit.

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Their Santa Monica project and the Vantage are sick. The other ones aren't too shabby.

 

swtsig, when you say high-rise, how many floors would you guess to make the land purchase cost effective? It's a pretty small lot.

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http://realtynewsreport.com/2015/12/08/two-high-rise-apartment-towers-planned-for-hot-corner-near-houstons-galleria/

 

Dinerstein Cos. has tied up the northwest corner of San Felipe and Post Oak. Nothing has been announced officially, but Dinerstein’s concept is a 30-story mixed-use project with two levels of retail.
 
Dinerstein paid dearly for the tract, which is less than two acres. Word on the street is the price was $305 per square foot or more than $20 million, just for the land.
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on page 4, I saw a post that seems to indicate this would have been 40 stories. So I guess this has shrunk down to 30 stories?

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Dinerstein Mixed-Use 

 

While this project is still on the down low, we know that Dinerstein is planning a new project at the northwest corner of Post Oak and San Felipe. TRC Capital Partners CEO Steve Lerner tells us the multifamily community will have 30k SF of retail. According to Reality News Report, the project is a 30-story mixed-use tower with two levels of retail and the less than two-acre site was acquired for a pretty penny at $20M. We’re waiting on an official announcement from Dinerstein with all the juicy details. 

Read more at: https://www.bisnow.com/houston/news/commercial-real-estate/5-exciting-post-oak-projects-underway-54544?utm_source=CopyShare&utm_medium=Browser

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