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SkyHouse Main Planned For Block 368


lockmat

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I was told today that they plan to build another one on the block south of their downtown site. However, I think he said it wouldn't be for 10 more years. I guess a lot could happen in that time.

 

Webcam:

 

http://oxblue.com/open/skyhouseapartments

 

Rendering and info:

 

http://www.bizjournals.com/houston/news/2015/02/11/another-skyhouse-apartment-tower-breaks-ground.html

 

skyhouse-main.jpg

 

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I thought there were rumors at one point within the last year of a 7-8 story apartment midrise being built on the block south of SkyHouse?

I guess the real question is.. Who owns that block?

 

 

good question. It's not "skyhouston llc"

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I was told today that they plan to build another one on the block south of their downtown site. However, I think he said it wouldn't be for 10 more years. I guess a lot could happen in that time.

I can certainly see how Novarre would want to secure a lot adjacent to their original building for a future development. But, the "ten years" part makes little sense to me. If skyhouse is a success -- the owners are completely happy --- and it is determined that the market will hold another skyhouse (in light of all the other resi consteuction going on downtown), why would they wait 10 years to build it?

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particularly if they can go ahead and secure a subsidy...

Yep.

If the building is doing nicely, and the market looks good for another building AND your portfolio of properties supports another building in Houston, given the subsidy, why would one wait?

Oh well, I guess we will find out as time passes,

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That soil test is on the lot south of sky house? We were just talking about that block in the downtown subforum..

 

yes it is.  I heard that at one time alliance was eyeing this lot for residential but maybe the source was wrong?  Could belong to skyhouse...

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I think we determined SkyHouse LLC doesn't own this lot.. Though idk if it's the same owners as Alliance, either?

 

Isn't it owned by Amegy Bank?  That's what I find in HCAD.  No sale has been recorded.  So it could just as easily be SkyHouse, Alliance, or someone else altogether...

Edited by Houston19514
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From what I heard, this will be another skyhouse, similar in design and height. It supposedly will start somewhat soon. Please take this with a grain of salt, not confirmed, but sounds promising... I know lockmat said he thought the next skyhouse was years out, not sure what to make of that and the info I just got.

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Interesting tidbit of info! I didn't realize samples "expired" after 6 months. DrLan was the one I originally read saying Alliance was rumored to build something on this block/south of SkyHouse, and the same one who posted soil sample pictures in the going up sub forum under Block 334(?). He has also heard this may be another SkyHouse, but on a much quicker timeline.

Edited by cloud713
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Whatttt... So DrLan.. You and lockmat have each heard it will be another sky house, from different sources? Seems kind of strange they would plop another right next to the downtown site given the multiple sky houses in Atlanta are spread across the city and our city is even bigger than Atlanta with more urban areas that could stand to see a SkyHouse development.

I wonder why they would build two exact designs side by side. Going for the twin tower approach, a la The Mosaics? You would think they would use the newest/3rd SkyHouse design and build that elsewhere.

Edited by cloud713
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Whatttt... So DrLan.. You and lockmat have each heard it will be another sky house, from different sources? Seems kind of strange they would plop another right next to the downtown site given the multiple sky houses in Atlanta are spread across the city and our city is even bigger than Atlanta with more urban areas that could stand to see a SkyHouse development.

I wonder why they would build two exact designs side by side. Going for the twin tower approach, a la The Mosaics? You would think they would use the newest/3rd SkyHouse design and build that elsewhere.

 

FWIW, it has been reported that they are considering building a second SkyHouse in Charlotte next door to the first Charlotte SkyHouse.

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From what I heard, this will be another skyhouse, similar in design and height. It supposedly will start somewhat soon. Please take this with a grain of salt, not confirmed, but sounds promising... I know lockmat said he thought the next skyhouse was years out, not sure what to make of that and the info I just got.

 

this strategy - of not announcing anything until construction starts - has been used by them before... for example: River Oaks Skyhouse

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I would say one Skyhouse is enough, not something I want to see made a replica of.  I'm praying we move onto better things.

 

perhaps you should be thankful that apartment developers are so bullish on downtown Houston that they would consider developing not one but TWO HIGHRISES across the street from each other in relatively short order.

 

but tha's probably not as fun as complaining, i'm sure.

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perhaps you should be thankful that apartment developers are so bullish on downtown Houston that they would consider developing not one but TWO HIGHRISES across the street from each other in relatively short order.

but tha's probably not as fun as complaining, i'm sure.

I would be greatful, excited, and glad if they built another one Downtown. The more residents the better. Ok, so the tower isn't as ugly as some of our other residential towers (mercer, dominion come to mind), but it is not far behind in the bland department.
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"Bland" = "infill."

There have been plenty of infill projects that are not bland. :P

Do you define infill as the the bland buildings inbetween the better designed ones, or as low & mid rise projects that "fill in" between taller structures?

Edited by Montrose1100
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I do not know if the design will be the same, but I heard similar layout

Maybe it'll be green also! Would be nice if they gave it another floor or 2 also, but regardless great work yet again on getting some great information!

This conversation should probably be split into a new downtown SkyHouse thread.

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Id probably rather they be exactly identical if they're gonna be side by side. Unless they can pull off a King & Queen tower combo like some developer did off the loop in north Atlanta. I just don't see that happening with these though.

King-Queen_000.jpg

And yeah. Maybe this should be merged with the SkyHouse 3 thread?

Edited by cloud713
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I would say one Skyhouse is enough, not something I want to see made a replica of.  I'm praying we move onto better things.

we just need to allow for the cement to "weather" itself.  trust me, it shall indeed grow on you.  it did me...

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One more Skyhouse means one less tower by another developer, perhaps one that we've been waiting for. The market can only take so many.

While I agree with your statement, it is also true that the development trends in downtown Houston, along with the incentives, are no secret. Any developer who was prioritizing downtown Houston has had ample opportunity to secure land and build over the last 4 years. Some have. Others have dallied.

I am not a skyhouse fan but I would rather see a second one built in short order than look at countless other developer renderings inside repeated press releases that discuss what folks "plan" to do all the while the "planned" construction start dates slip another quarter.

Downtown needs resi. Two groups will fill those spaces. The young and the empty nesters. Sky house competes for the young. Other properties compete for the empty nesters.

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While I agree with your statement, it is also true that the development trends in downtown Houston, along with the incentives, are no secret. Any developer who was prioritizing downtown Houston has had ample opportunity to secure land and build over the last 4 years. Some have. Others have dallied.

I am not a skyhouse fan but I would rather see a second one built in short order than look at countless other developer renderings inside repeated press releases that discuss what folks "plan" to do all the while the "planned" construction start dates slip another quarter.

Downtown needs resi. Two groups will fill those spaces. The young and the empty nesters. Sky house competes for the young. Other properties compete for the empty nesters.

Well said, esp. the last point.

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I cannot find a recorded conveyance on Block 368 in the real property records. The last Warranty Deed I found was to Southwest Bank, N.A. (now known as Amegy Bank, N.A.) back in 2002. 

 

Looking at similar areas, I did find a Deed for Block 90 at 720 Rusk from 720 Interests Ltd. to a "Houston Level Office Investors, Inc." Currently, I only see lowrise offices at that street address.

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I cannot find a recorded conveyance on Block 368 in the real property records. The last Warranty Deed I found was to Southwest Bank, N.A. (now known as Amegy Bank, N.A.) back in 2002.

Looking at similar areas, I did find a Deed for Block 90 at 720 Rusk from 720 Interests Ltd. to a "Houston Level Office Investors, Inc." Currently, I only see lowrise offices at that street address.

It could be under contract and awaiting due diligence, including soil samples.

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It could be under contract and awaiting due diligence, including soil samples.

 

That's true. From the small sample size I have seen, a "sale" is typically announced only after closing (in legal terms, I consider the "sale" to  occur when the sales contract is signed as that is when the buyer can enforce specific performance against the seller to convey the property).

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There have been plenty of infill projects that are not bland. :P

Do you define infill as the the bland buildings inbetween the better designed ones, or as low & mid rise projects that "fill in" between taller structures?

 

 

Yes

 

What brijon said.

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Since small starchitecture and ugly skyscrapers both draw attention to themselves, I don't really see them as infill.  What I had in mind is something that more or less just blends into the background - for example, Two Shell (at least until whatever remuddling is afoot takes place).

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Since small starchitecture and ugly skyscrapers both draw attention to themselves, I don't really see them as infill.  What I had in mind is something that more or less just blends into the background - for example, Two Shell (at least until whatever remuddling is afoot takes place).

Okay, so even the smaller, better designed/aesthetically pleasing (not necessary Pritzker Prize winners), that add space and flow in between attention grabbing taller & bigger structures are infill. Just wanted your personal elaboration. Sorry if I wasn't clear.

Edited by Montrose1100
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  • Highrise Tower changed the title to SkyHouse Main Planned For Block 368

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