Urbannizer Posted October 17, 2014 Share Posted October 17, 2014 http://www.houstonchronicle.com/business/columnists/sarnoff/article/Tall-buildings-to-arise-near-River-Oaks-District-5828150.php#/0 With most of the Westcreek apartments now gone and the River Oaks District well under way on a portion of the property, residential developers arstaking their claims on the remaining parcels of land behind it. Their plans include a cluster of tall buildings to house well-to-do Houstonians who can pay the steep prices that come with living next to one of the city's newest and flashiest mixed-use developments. "People will be able to walk to restaurants, high-end retail and theaters. It's something that hasn't been offered in Houston," said Robert Bland of Pelican Builders, which is planning a 17-story residential tower on Westcreek Lane just north of River Oaks District, which is being built just inside the 610 Loop along Westheimer. Bland plans to break ground on the 96-unit building next summer and have it open two years later. Kirksey designed the building, which will go up on a 1.5-acre site. The individual condominiums will average 2,000 square feet, and prices will range from $800,000 to $2 million. The company will start marketing units in the building soon, but Bland said his lender is not requiring him to pre-sell a certain number of units before breaking ground, which is often the case. He said he wouldn't reveal the source of his financing until their agreement is finalized. 5 Link to comment Share on other sites More sharing options...
Montrose1100 Posted October 17, 2014 Share Posted October 17, 2014 :sigh: It looks like the BBVA office building next to the Huntingdon had a face lift. I'm usually a fan of this style but I guess it could be a lot worse. 1 Link to comment Share on other sites More sharing options...
houstontexasjack Posted October 17, 2014 Share Posted October 17, 2014 Is this going on the plot just south of the SkyHouse? The description suggests as much. 1 Link to comment Share on other sites More sharing options...
Avossos Posted October 17, 2014 Share Posted October 17, 2014 This looks good. Which lot is this? 1 Link to comment Share on other sites More sharing options...
BigFootsSocks Posted October 17, 2014 Share Posted October 17, 2014 I'm getting a London vibe from this and that's very okay 2 Link to comment Share on other sites More sharing options...
Houston? Posted October 17, 2014 Share Posted October 17, 2014 This isn't bad. Now, I'm even more ready to see RD's tower! 1 Link to comment Share on other sites More sharing options...
Houston? Posted October 17, 2014 Share Posted October 17, 2014 Also, the article said there are two more residential high rises, an office tower, and a hotel in works. Are these in addition to Skyhouse, this one, and RD's high rise? 1 Link to comment Share on other sites More sharing options...
Urbannizer Posted October 17, 2014 Author Share Posted October 17, 2014 Also, the article said there are two more residential high rises, an office tower, and a hotel in works. Are these in addition to Skyhouse, this one, and RD's high rise? Yes. 1 Link to comment Share on other sites More sharing options...
monarch Posted October 17, 2014 Share Posted October 17, 2014 beautiful edifice. however, you had better acquire a large amount of sunscreen... combine houston's summer sun with those huge windows....jesus! 2 Link to comment Share on other sites More sharing options...
Gary Posted October 17, 2014 Share Posted October 17, 2014 Jesus? What does he have to do with it? 3 Link to comment Share on other sites More sharing options...
toxtethogrady Posted October 17, 2014 Share Posted October 17, 2014 I'm getting a London vibe from this and that's very okay I'm getting a Gerald Hines vibe from it. Okay, but not spectacular. 1 Link to comment Share on other sites More sharing options...
BigFootsSocks Posted October 17, 2014 Share Posted October 17, 2014 I'm getting a Gerald Hines vibe from it. Okay, but not spectacular.I also wrote this between tokes so my initial judgement might be skewed 7 Link to comment Share on other sites More sharing options...
por favor gracias Posted October 17, 2014 Share Posted October 17, 2014 (edited) "Very okay" had me skeptical... (just finished munching on some Frosted Mini Wheats) Edited October 17, 2014 by por favor gracias 2 Link to comment Share on other sites More sharing options...
cloud713 Posted October 17, 2014 Share Posted October 17, 2014 this looks pretty nice! did no one figure out which plot this is? if this is replacing the townhomes or residential midrise plot ill be ecstatic. "Everything being built around there is all high-rise buildings, said Bland, who developed several other residential projects in the area. "It'll be kind of like the Wilshire Boulevard of Houston."so will all of Westcreek go high-rise now? this could turn out to be a very exciting new cluster of development.btw, no mention of GFR in this new condo high-rise? 1 Link to comment Share on other sites More sharing options...
TOMIKA! Posted October 17, 2014 Share Posted October 17, 2014 I also wrote this between tokes so my initial judgement might be skewed "Very okay" had me skeptical... (just finished munching on some Frosted Mini Wheats) Munchin' on some Trader Joe's Bran Flakes thinkin' how this almost reminds me of a Richard Meier... http://www.nybits.com/images/photo/three_glass_buildings.jpg 3 Link to comment Share on other sites More sharing options...
cloud713 Posted October 17, 2014 Share Posted October 17, 2014 (edited) and i just realized Pelican Builders are the ones who were supposed to put up the town homes at Westcreek. so is this a replacement for that project?edit: or a replacement for the residential mid-rise? i just saw that was also by Pelican. Edited October 17, 2014 by cloud713 1 Link to comment Share on other sites More sharing options...
DNAguy Posted October 17, 2014 Share Posted October 17, 2014 The Target on San Felipe is looking more and more out of place. How long does that thing in its suburban style big box version last? This is great news. My 610 gridlock commute is getting prettier and prettier! 2 Link to comment Share on other sites More sharing options...
cloud713 Posted October 17, 2014 Share Posted October 17, 2014 The Target on San Felipe is looking more and more out of place. How long does that thing in its suburban style big box version last?This is great news.My 610 gridlock commute is getting prettier and prettier!right? are there seriously about to be a row of high-rises lining the side of the Target parking lot? lol.. does Target have a high end format store? maybe they could come up with something high end while being urban, and become a part of/turn their property into a River Oaks District Phase III expansion. heh.. as it is now Target is getting WAY outclassed by the surrounding areas, and soon it wont make sense to have a Target in that location with the rich demographics.and agreed! i love watching the urban canyon that is 610W densify... 1 Link to comment Share on other sites More sharing options...
HoustonIsHome Posted October 17, 2014 Share Posted October 17, 2014 Why would the target move? This is Houston. Anything goes. Anyway, like many have asked before, are these replacing the townhomes? With all these hirises being announced, I would be more concerned with the townhouses than the already there target 2 Link to comment Share on other sites More sharing options...
Luminare Posted October 17, 2014 Share Posted October 17, 2014 This is actually nice looking. *in shock* lol 1 Link to comment Share on other sites More sharing options...
DNAguy Posted October 17, 2014 Share Posted October 17, 2014 right? are there seriously about to be a row of high-rises lining the side of the Target parking lot? lol.. does Target have a high end format store? maybe they could come up with something high end while being urban, and become a part of/turn their property into a River Oaks District Phase III expansion. heh.. as it is now Target is getting WAY outclassed by the surrounding areas, and soon it wont make sense to have a Target in that location with the rich demographics. and agreed! i love watching the urban canyon that is 610W densify... I wouldn't be against keeping the Target per se. However, I would hope they make it an urban concept one like this: i think a large 'city Target' would be a great addition to the area. My guess is something like 5-10 years in our current economic environment. If the market cools, then longer. 4 Link to comment Share on other sites More sharing options...
cloud713 Posted October 17, 2014 Share Posted October 17, 2014 Yeah I really like the city targets. Downtown needs something like that badly with all the new residents. Throw some residences or office space above it and you're really in business! 1 Link to comment Share on other sites More sharing options...
mikehouston Posted October 17, 2014 Share Posted October 17, 2014 This Target in Washington's Mosaic District would be more appropriate here now - not sure if it is a city target seems like a full-blown Target to me - but it is inside a parking garage on the 3rd or 4th floor with special escalators for the shopping carts.http://mosaicdistrict.com/shop/target/ 1 Link to comment Share on other sites More sharing options...
citykid09 Posted October 17, 2014 Share Posted October 17, 2014 Love it! Keep em coming Houston! Hope all of this development doesn't discurage the plans for Uptown Park. 1 Link to comment Share on other sites More sharing options...
toxtethogrady Posted October 17, 2014 Share Posted October 17, 2014 "Very okay" had me skeptical... It had me thinking he was coming back from a rave in Ibiza. 1 Link to comment Share on other sites More sharing options...
toxtethogrady Posted October 17, 2014 Share Posted October 17, 2014 Munchin' on some Trader Joe's Bran Flakes thinkin' how this almost reminds me of a Richard Meier... You also bring your Trader Joe's Bran Flakes to the office? 1 Link to comment Share on other sites More sharing options...
Urbannizer Posted October 18, 2014 Author Share Posted October 18, 2014 http://www.bizjournals.com/houston/morning_call/2014/10/new-details-surface-on-luxury-condo-tower-near.html?page=2 Initial plans called for Pelican to build two multifamily projects: a midrise multifamily project on 1.5 acres and a gated townhome development on 2.6 acres. However, Pelican quickly realized that those preliminary plans would underbuild the site."It would be like putting a Burger King on Park Avenue," Pelican's founder Robert Bland told the Houston Business Journal. "This site just demanded a high-rise."Pelican scrapped its more modest multifamily plans for a more ambitious project: a 17-story, 96-unit luxury condominium tower with a four-story parking garage on 1.5 acres and a 15-story apartment tower, developed jointly with Gables Residential, on the other 2.6-acre site.The condo project will sit immediately south of the SkyHouse River Oaks project. It also will be adjacent to the River Oaks District, a luxury mixed-use complex featuring 252,000 square feet of ultra high-end retail, restaurants, cafés and other amenities being developed by San Diego-based OliverMcMillan.Bland also said another high-rise apartment project on the northwest corner of the Westcreek site and a boutique hotel are planned, but he does not know the developers of those projects. 1 Link to comment Share on other sites More sharing options...
urbanize713 Posted October 18, 2014 Share Posted October 18, 2014 (edited) One would hope this is only the beginning in developers way of thinking in Houston. Edited October 18, 2014 by urbanize713 2 Link to comment Share on other sites More sharing options...
HoustonIsHome Posted October 18, 2014 Share Posted October 18, 2014 It took them more than a minute to realize they were underbuilding the site? I think they might be in the wrong business 3 Link to comment Share on other sites More sharing options...
toxtethogrady Posted October 19, 2014 Share Posted October 19, 2014 They also claim they will start without presales (and even that their lender will agree to it). Either their lender has a lot of confidence, or the builder is pulling our leg. 1 Link to comment Share on other sites More sharing options...
swtsig Posted October 19, 2014 Share Posted October 19, 2014 They also claim they will start without presales (and even that their lender will agree to it). Either their lender has a lot of confidence, or the builder is pulling our leg. Truth be told their lender probably has that much confidence. Houston may have the strongest residential market in the country and there's been a strong push from equity players towards condo. 4 Link to comment Share on other sites More sharing options...
fernz Posted October 19, 2014 Share Posted October 19, 2014 I bet their lender is not a bank. Probably some wealthy individual. 1 Link to comment Share on other sites More sharing options...
houstontexasjack Posted October 19, 2014 Share Posted October 19, 2014 There is a substantial shortage of single family, and condos don't burn as much square footage on staircases as do townhomes. Nice to see a lender that may want to move in this direction. 1 Link to comment Share on other sites More sharing options...
houstontexasjack Posted October 19, 2014 Share Posted October 19, 2014 I suppose, given the price range of these condos, that Fannie Mae and FHA approval for the condo project would not be an issue. Presales help the condo to meet Fannie Mae guidelines for conforming loans. For most lenders looking to sell on the secondary market, meeting Fannie Mae guidelines is a must. If Fannie Mae guidelines are not an issue, there would be more flexibility. 1 Link to comment Share on other sites More sharing options...
toxtethogrady Posted October 19, 2014 Share Posted October 19, 2014 I bet their lender is not a bank. Probably some wealthy individual. Then again, they may be counting on EB-5 visa seekers to fund it. 2 Link to comment Share on other sites More sharing options...
Dakota79 Posted October 20, 2014 Share Posted October 20, 2014 Then again, they may be counting on EB-5 visa seekers to fund it.I have friends in his Highland Tower and they love his quality and service. I think the Bland Family project will do well. 1 Link to comment Share on other sites More sharing options...
Popular Post cloud713 Posted January 25, 2015 Popular Post Share Posted January 25, 2015 11 Link to comment Share on other sites More sharing options...
monarch Posted January 25, 2015 Share Posted January 25, 2015 perfect development... perfect name / moniker... perfect location... 1 Link to comment Share on other sites More sharing options...
Montrose1100 Posted January 25, 2015 Share Posted January 25, 2015 I think this is the first time I've seen the rendering. 1 Link to comment Share on other sites More sharing options...
Urbannizer Posted January 29, 2015 Author Share Posted January 29, 2015 SubdivisionPlatPDF_V501-FP-30680-Preliminary.pdf 1 Link to comment Share on other sites More sharing options...
Montrose1100 Posted January 29, 2015 Share Posted January 29, 2015 I think this is the first time I've seen the rendering.I'm a moron. The rendering looks different from the original on the first page. 1 Link to comment Share on other sites More sharing options...
Urbannizer Posted February 13, 2015 Author Share Posted February 13, 2015 The project will break ground in May: http://www.bizjournals.com/houston/news/2015/02/13/galleria-area-luxury-condo-tower-to-break-ground.html 4 Link to comment Share on other sites More sharing options...
placoors Posted February 13, 2015 Share Posted February 13, 2015 Another story in the Chron this evening: http://www.houstonchronicle.com/business/columnists/sarnoff/article/Luxury-tower-to-be-built-near-Galleria-50-oil-6079880.php 2 Link to comment Share on other sites More sharing options...
cloud713 Posted February 17, 2015 Share Posted February 17, 2015 It's official.. WestCreek is Houstons most exciting neighborhood! Lol 6 Link to comment Share on other sites More sharing options...
MikeRichardson Posted February 25, 2015 Share Posted February 25, 2015 Interesting how these guys are trading the little bits of land among themselves. From what I understood, Pelican originally had the land at 2220 Westcreek, for a mid-rise. Now that land belongs to Gables - but no worries, Pelican's got another spot right across the street now. 2 Link to comment Share on other sites More sharing options...
Popular Post Urbannizer Posted March 20, 2015 Author Popular Post Share Posted March 20, 2015 18 Link to comment Share on other sites More sharing options...
monarch Posted March 20, 2015 Share Posted March 20, 2015 beautiful renders! props for sharing urbannizer. 1 Link to comment Share on other sites More sharing options...
Naviguessor Posted March 20, 2015 Share Posted March 20, 2015 Nice Scale. 1 Link to comment Share on other sites More sharing options...
toxtethogrady Posted March 25, 2015 Share Posted March 25, 2015 So is anything happening behind the fence? 1 Link to comment Share on other sites More sharing options...
Timoric Posted March 26, 2015 Share Posted March 26, 2015 (edited) - Edited July 8, 2019 by Timoric 2 Link to comment Share on other sites More sharing options...
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