Jump to content
HAIF - Houston's original social media

Trammell Crow's Uptown Office Tower


Recommended Posts

I can't edit my post anymore.. Once I got to a real computer I was able to read the writing in the third image. Looks to be 28 and 31 stories if I'm not mistaken? 20 story office on top of 7 story garage on top of lobby, and 16 story condos on top of 9 stories hotel on top of 5 stories garage on top of a lobby..? What's the likelihood of this happening? The renderings look fairly rudimentary.

Link to post
Share on other sites

I like it but the rendering is about as vague as it gets. I'll restrain from further commentary about the project until other renderings are released. As far as being a highrise, can't ever go wrong with another highrise going up! Bring it on.

 

I wonder how Mr. Scarborough and the PAC feel about this potential development. Soon it'll be better just to walk to the hospital instead of waiting on an ambulance screaming down Post Oak at 3 mph :P

Edited by wxman
Link to post
Share on other sites

Santa Urbannizer brings me renderings of yet more development down the block from my office. These look pretty neat. Post Oak is quickly turning into Houston's version of 5th Avenue.

I only get excited when I see urban posting and a few others.
  • Like 1
Link to post
Share on other sites

yeah I have way to much criticism for this one, but sense this is an extremely conceptual model and rendering I'm going to hold my judgement for now. One that is going to slip from me though is the incredibly stupid organization of all this. Yeah lets build two towers and then leave a bunch of open space for one small little bitty suburban style bank!!! If I was there and saw that I would have literally ate the model and crapped it out later so no one would ever be subjected to that!

Edited by Luminare
  • Like 2
Link to post
Share on other sites
  • 4 weeks later...

Is the Inverness condo association still shopping the site? Or has it been pulled from the market?

There were some very clever dealings within the association that prevented RD from closing on the site but I heard very recently that another group has stepped in with their approval. Rumor is office redevelopment.

  • Like 5
Link to post
Share on other sites

There were some very clever dealings within the association that prevented RD from closing on the site but I heard very recently that another group has stepped in with their approval. Rumor is office redevelopment.

Interesting. Condo associations aren't always the best about following their own procedural requirements (in the condo declaration). I wonder if procedural defects allowed a few holdouts to kill the RD deal.

Link to post
Share on other sites

Interesting. Condo associations aren't always the best about following their own procedural requirements (in the condo declaration). I wonder if procedural defects allowed a few holdouts to kill the RD deal.

 

Can you elaborate on that for those of us not familiar with condo association procedural requirements? Sounds interesting and would be helpful for the future.

Link to post
Share on other sites

Certainly.  Condominium ownership is a legal regime whereby the owner owns his unit as well as a portion of what are called 'limited common elements.' The limited common elements are, as one would expect, those elements that tenants can generally use, such as a swimming pool, gym, and other amenities. These elements must be managed by the condo association. The condominium declaration, filed at the time the condo is developed, would provide for how the association would manage these limited common elements. Generally, meetings are held at a regularly scheduled time and deference is given to an executive committee of sorts (as most owners do not wish to involve themselves with the mundane details of which company will be chosen to clean the pool, what sort of treadmill will be required, etc.). For certain major decisions, such as whether or not to sell or demolish a building, condo declarations will typically provide for special requirements as relates to notice and a quorum at the meeting in order to have a valid vote. Unfortunately, some condo associations will hold votes on these special decisions in the manner of their more routine meetings, and do not always check their declaration to see if adequate notice has been provided or if a sufficient quorum is reached. Strategic holdouts can use failures to meet these procedural requirements to delay a sale of a building--a purchaser will not want to get embroiled in litigation.

 

I have seen this issue come up with demolition of a couple condominiums post-Hurricane Ike. Some of those cases are still being litigated.

  • Like 3
Link to post
Share on other sites
  • 2 weeks later...

The site will be redeveloped.

During the quarter, AmREIT acquired a 20.3% ownership interest in the Inverness Townhomes. Subsequent to the quarter, AmREIT has entered into a letter of intent with Trammell Crow Company to form a Limited Liability Company (“LLC”) to purchase the entire Inverness Townhome site and to form a venture for the development of approximately 560,000 square feet of office space and 16,000 square feet of retail space. The site is approximately 2.9 acres and is located at the northwest corner of Post Oak Blvd and Uptown Park Blvd. It is anticipated that AmREIT will be a 5% co-developer member, Trammell Crow Company will be a 5% co-developer member and an institutional investor will be a 90% Investor Member. Total project costs are estimated to be in excess of $225 million. Construction could begin within the next 12-15 months.

  • Like 4
Link to post
Share on other sites

The site will be redeveloped.

 

If both of their projects along with phase II of Uptown Park come down the pipe, this view down Post Oak Blvd. when heading west/south will look amazing. Keeping my fingers crossed for some grade A starchitecture. 

Link to post
Share on other sites
Why do you say that? It will probably be about average height (around 30 stproes), but it's over 100,000 sq ft bigger than the 28 story office that was conceptualized.

If all if amreits projects come to fruition we need to send them a big ass Christmas present for these 8 different towers they have proposed for north post oak. It will totally change that part of uptowns skyline

 

Yeah, I guess 30-stories isn't so shabby ;) I overreacted 

Edited by lockmat
  • Like 1
Link to post
Share on other sites

Why do you say that? It will probably be about average height (around 30 stproes), but it's over 100,000 sq ft bigger than the 28 story office that was conceptualized.

If all if amreits projects come to fruition we need to send them a big ass Christmas present for these 8 different towers they have proposed for north post oak. It will totally change that part of uptowns skyline

8 different towers? Awesome! Could you list them off the top off your head?

Link to post
Share on other sites

8 different towers? Awesome! Could you list them off the top off your head?

Well that was just going off the 6 for uptown park, this one, and the 50 story residential in front of the Cosmo.

But now it sounds like at least one of the uptown park towers will only be 10-11 stories

Edit . Just saw the 50 story was reduced to 42 stories.

Edited by cloud713
Link to post
Share on other sites

Well that was just going off the 6 for uptown park, this one, and the 50 story residential in front of the Cosmo.

But now it sounds like at least one of the uptown park towers will only be 10-11 stories

Edit . Just saw the 50 story was reduced to 42 stories.

O ok that makes sense. Thanks..

Link to post
Share on other sites

I've said it before and I'll say it again... Ever more reason to build the Uptown line.

Since this is no longer the 50 story building, I wonder what will happen to that PAC against this tower.

  • Like 3
Link to post
Share on other sites

 

 

This was never a 50-story building. Why does this keep getting repeated??? 

 

 

 

http://www.bizjournals.com/houston/blog/breaking-ground/2014/05/new-pac-opposes-transit-plan-on-post-oak-boulevard.html?page=all

 

Edit: I said this tower but I meant the one at Post Oak and San Felipe. Just another one of amREIT's properties. Still begs the question what will happen to the PAC.

Edited by Triton
Link to post
Share on other sites

Swtsig--I think way have crossed the streams Ghostbusters style and confused this thread with the one regarding the structure to be built at San Felipe and Post Oak. Looking at my post above, that's what happened to me.

That's exactly what happened. Lol Sorry about that swtsig. :)

  • Like 2
Link to post
Share on other sites

It's still a 40-story building. I expect the PAC to hang around. Will the Cosmopolitan residents seek an injunction? All it takes is one person to file a suit.

I guess it only takes one judge to justify such a frivolous lawsuit.

 

If the NIMBY's are going to insist on zoning by lawsuit, it's time to put zoning back on the ballot. Otherwise, this is the city you all wanted - unregulated and proud of it. All the lawsuits should be thrown out for lack of cause.

Link to post
Share on other sites

Edit: I said this tower but I meant the one at Post Oak and San Felipe. Just another one of amREIT's properties. Still begs the question what will happen to the PAC.

It's confusing, I know. There are just so many rumored projects, and a lot of them seem to overlap. I still don't know if Crow's deal with AmREIT replaces the other Crow proposal.

  • Like 1
Link to post
Share on other sites
  • 2 months later...

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

 

800 Post Oak: AmREIT owns a 20.3 percent interest in the Inverness Townhomes and has entered into an agreement with Trammell Crow Co. to develop 591,000 square feet of office space and 19,000 square feet of retail space with parking. The site is about 2.9 acres and is located at the northwest corner of Post Oak Boulevard and Uptown Park Boulevard. Trammell Crow’s longtime partner, Principal Financial Group, will be a key investor. The more than $280 million project could begin within the next 15 months.

  • Like 1
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...