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Nate99

1114 Texas Street to Become Hyatt Place Hotel

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2 hours ago, HoustonIsHome said:

I think these older buildings are sexy. 

I love the idea of retaining some brick downtown

Same. Just hope some of the original HAIF members who fantasized about this sort of thing see the news, since they aren't here anymore. 

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6 hours ago, Urbannizer said:

On the upcoming HAHC meeting agenda so new details are coming soon.

 

Cool. Have not seen any activity there recently.

 

 

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4 hours ago, Urbannizer said:

This was withdrawn from the Jan. 26th meeting unfortunately. Reason as to why is not clear.

 

huge bummer...

 

I really want to see this building come back to life.

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http://www.bizjournals.com/houston/news/2017/06/08/70-year-old-office-building-to-be-transformed-into.html

 

Add another historic hotel renovation to downtown Houston's portfolio.

The 16-story office building at 1114 Texas St. will be redeveloped into a Hyatt Place hotel, Rahul Bijlani, senior vice president of CBRE Hotels, confirmed to the Houston Business Journal. Bijlani's client, Nick Patel of Pride Management Inc., owns the property and will lead the redevelopment, he said. Patel declined to comment for the story.

 

The 154-room hotel will open in December 2018, Bijlani said. The redevelopment will cost $14 million, according to a building permit filed with the city of Houston.

The 115,360-square-foot building at 1114 Texas was built in 1948, per public records, and was last valued at $1.9 million as of Jan. 1.

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Cool. I'm interested to see how they manage the construction. This thing has about 30 feet of access in front before they block the Magnolia or the lofts on the other side.

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Yeah there's almost no access to this building.  Even if all they're doing is internal rennovations, if Savoy -> Holiday Inn is any guide they'll need somewhere for a dumpster at the bear minimum - and I don't see a place for them to put it.  Maybe they can get one down the back alley from Capitol st

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34 minutes ago, cspwal said:

Yeah there's almost no access to this building.  Even if all they're doing is internal rennovations, if Savoy -> Holiday Inn is any guide they'll need somewhere for a dumpster at the bear minimum - and I don't see a place for them to put it.  Maybe they can get one down the back alley from Capitol st

 

Wouldn't it make more sense to go in the alley from Texas?

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That section of the alley is pretty small - I'm pretty sure it's narrower than a car (or dumpster)

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8 minutes ago, cspwal said:

That section of the alley is pretty small - I'm pretty sure it's narrower than a car (or dumpster)

 

I don't think it looks any wider on the Capitol end. (and yes, I'm not at all sure a dumpster would fit in either end.)

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I've seen a car parked in the capitol alley way.  I think they left through the sun roof though.

I just looked at the street view and the Texas end is a little bit bigger than I remembered.  Probably big enough to squeeze a dumpster into it

https://www.google.com/maps/@29.7591544,-95.3612761,3a,75y,206.94h,121.35t/data=!3m6!1e1!3m4!1szU1hbvDqk2b2hNFbdrw9lg!2e0!7i13312!8i6656

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1 hour ago, Nate99 said:

Cool. I'm interested to see how they manage the construction. This thing has about 30 feet of access in front before they block the Magnolia or the lofts on the other side.

 

The 1114 Texas building is 47' 6" wide.

 

And the alley is 10' 10" wide.

 

http://www.houstontx.gov/planning/Commissions/docs_pdfs/hahc/App_Materials_2017/March_MATERIALS/1114_Texas_Alt_Windows_APP_Materials.pdf

Edited by Houston19514
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On ‎6‎/‎8‎/‎2017 at 3:30 PM, Houston19514 said:

 

Only off by a third.

 

I thought the Magnolia parked its dumpsters in that alley, but I could be off on that too.

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Still nothing. 

 

EDIT:

 

3 hour later update - some dudes with clipboards and a measuring wheel were walking around from the alley and in to the front door when I just walked by.

 

I know, riveting stuff, but it's more than the nothing I reported earlier...

Edited by Nate99
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They were having the same argument we were on how big that Alley is and whether you could get a dumpster through it

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This should handle the Dumpster situation:

 

boxclosed.jpg

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**** Can we move this post to the Downtown Forum ****

This is no different than the other hotel renovations we have followed there (Downtown Forum)

 

honestly sounds like construction logistics. I am sure the developers of this project would have worked out the functionality of the final product by now. I am optimistic that we will see construction activity this year.

Edited by Avossos
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I seems to me that downtown hotel space has exploded over the last 4 years and I just have a nagging sense that it is getting over built.  6 years ago it could be hard to find a room in downtown on any given day.  Now, that really doesn't seem to be the case.  But, I know zip about the lodging business and what "over built" means.

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22 minutes ago, UtterlyUrban said:

I seems to me that downtown hotel space has exploded over the last 4 years and I just have a nagging sense that it is getting over built.  6 years ago it could be hard to find a room in downtown on any given day.  Now, that really doesn't seem to be the case.  But, I know zip about the lodging business and what "over built" means.

 

Remember, we are shooting for the highest level of conference hosting. This requires a hotel / bed minimum. We were drastically short compared to other cities we try to compete with. All these rooms help. We also have growth in residents and office, which also increase the demand.

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http://www.chron.com/business/real-estate/article/Hyatt-Place-Hotel-to-occupy-Southwestern-Bell-12361027.php

 

Quote

 

The midcentury Southwestern Bell building in downtown Houston will get new life as a 150-room Hyatt Place Hotel.

The development group, including Anthony Patel and Nick Patel of Pride Management, has obtained a $22.8 million loan for the long-vacant building from Dallas-based Hall Structured Finance, the companies announced. Renovation of the 16-story high-rise is targeted for completion by March 2019.

 

The first-lien construction loan, which closed after Hurricane Harvey and represents a portion of the development costs, will jump start the project.

 

 

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Wow!  That’s great news.  A 16 month construction cycle seems a bit optimistic to me but, whatever.  

 

What I am really enjoying is seeing how the hotel chains are putting various “levels” of product  across downtown.  Some “luxury”, some “business”, some “budget” etc.  Kinda cool to watch.

 

is ther one category that we don’t have in DT yet?  “Extended stay”?  I don’t think that we have that, yet.

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33 minutes ago, UtterlyUrban said:

Wow!  That’s great news.  A 16 month construction cycle seems a bit optimistic to me but, whatever.  

 

What I am really enjoying is seeing how the hotel chains are putting various “levels” of product  across downtown.  Some “luxury”, some “business”, some “budget” etc.  Kinda cool to watch.

 

is ther one category that we don’t have in DT yet?  “Extended stay”?  I don’t think that we have that, yet.

 

We have a Residence Inn and a Homewood Suites.

Edited by Houston19514
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FWIW, the doors were open again yesterday with a port-a-potty parked in the vestibule.  A few workers were milling about waiting for someone or something else to show up.

 

It would appear that at least some cash is flowing, which is always a good sign.

Edited by Nate99
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9 hours ago, ChannelTwoNews said:

 

Quote

Rooms at the Hyatt Place Hotel project, between Fannin and San Jacinto, will be on floors 3 through 16 and average more than 400 square feet each, according to Hall Structured Finance. Plans call for a dining area on the ground floor, a rooftop cocktail bar, a pool and fitness center in the basement, and 800 square feet of meeting space on the second floor.

 

Keep 'em coming. That'd give us three rooftop hangouts downtown (the others being Le Meridien and Aloft).

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It's been another good year for hotel also. We might push yet another record year (unfortunately with Hurricane Harvey contributing a good amount in September), the current record holder being 2015 right now.

 

 

 

HotelSept32017.PNG

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12 hours ago, Urbannizer said:

 

 

Keep 'em coming. That'd give us three rooftop hangouts downtown (the others being Le Meridien and Aloft).


That's not accurate. There are other rooftop bars in downtown: The Grove, El Big Bad, and the High Dive at Marriott Marquis.

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7 hours ago, CrockpotandGravel said:

High Dive at Marriott Marquis

 

There's a rooftop bar at the Marriott?

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9 hours ago, CrockpotandGravel said:


That's not accurate. There are other rooftop bars in downtown: The Grove, El Big Bad, and the High Dive at Marriott Marquis.

 

The Grove yes.  El Big Bad no - it is a balcony attached to the second floor of the building.  I didn't know about High Dive either.

 

 

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6 hours ago, cspwal said:

 

There's a rooftop bar at the Marriott?

 

I think the post is referring to the bar at the Marriott pool and lazy river. The pool deck and bar is only accessible with a wristband and if you are a guest of the hotel. 

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One measure of downtown success will be when the sidewalks are so busy that any development must keep them open and build covered walkways. Still a long way off.

 

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On ‎12‎/‎1‎/‎2017 at 10:48 PM, H-Town Man said:

One measure of downtown success will be when the sidewalks are so busy that any development must keep them open and build covered walkways. Still a long way off.

 

 

I think there might be some requirement that at least one side of any given block must be open. The International Tower Garage project had a covered "sidewalk" in one lane of Prairie Street while the Chronicle building across the street was being demolished.  It turned in to a bum toilet.

 

It's nice when they wrap up a project and open the area back up with brand new surroundings. Big stuff like 609 Main (which had a covered sidewalk on Main) and Hillcorp blocked off entire blocks for long periods.

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1 hour ago, Nate99 said:

 

I think there might be some requirement that at least one side of any given block must be open. The International Tower Garage project had a covered "sidewalk" in one lane of Prairie Street while the Chronicle building across the street was being demolished.  It turned in to a bum toilet.

 

It's nice when they wrap up a project and open the area back up with brand new surroundings. Big stuff like 609 Main (which had a covered sidewalk on Main) and Hillcorp blocked off entire blocks for long periods.

 

Yeah, there obviously isn't the level of pedestrian traffic currently for such a requirement to make sense.

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5 hours ago, bobruss said:

Because 90% of downtown pedestrians walk underground.

 

Mole people rule!!! :ph34r:

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Hey, it just gives me more room to roam and less pedestrian traffic to deal with at the lights. :lol:

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19 hours ago, mollusk said:

 

Mole people rule!!! :ph34r:

 

Mole people are salt of the earth, to be sure, but the ruling types seem to be picked up in black Suburbans that shuttle them somewhere nicer than Alonti for lunch.

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