Luminare 6044 Posted January 30, 2015 Share Posted January 30, 2015 ^because lots of tall stuff is getting built and people here love the tall stuff, and the slowdown will greatly reduce the number of tall things being built! Without trying to sound condescending... In all honesty - people here have seen all the proposals that are likely going to get scrapped. International Tower (Stream/Essex) and a few others like 5 Allen Center are likely gone - and I think that's what people are more upset about. We'll have to wait another 3-4 years (maybe much less?) to see other proposals come down the pike. My problem with even some of these projects is that a few of those you mentioned were tittering on the brink of failure it seems anyway. Even before all this oil hullabaloo they kept getting delayed further and further back and lets remember that some of these were merely "proposed". While as great as some may be it matters for not until there are boots on the ground building away. It makes the constant complaining by some rather pointless as these by gone proposals are nothing but a dream and like dreams some are quickly forgot until the next thing comes up and sometimes we get better stuff later on. Who knows what could happen in the next few years. Quote Link to post Share on other sites
Timoric 1557 Posted January 30, 2015 Share Posted January 30, 2015 (edited) - Edited July 8, 2019 by Timoric Quote Link to post Share on other sites
Triton 11791 Posted January 30, 2015 Share Posted January 30, 2015 (edited) I'm surprised there are still people in denial on this forum. I remember back in August 2008 when we had all these grandiose projects proposed and people kept saying that things were only getting bad because of a perception of bad things ahead and that things weren't actually bad. How do people not realize that perception is king to investors. Why do you think oil prices have collapsed? Do you think because just in a few months that oil production has skyrocketed out of no where? No, production has been gradual. No, it's the perception that the global economy isn't going to start significantly growing anytime soon and that the demand won't be there. Let's apply this to Houston now. There is a perception that things are going to get bad here because of oil, even if the medical field and the port region do well. And when investors get worried, that's when you start having problems. Oil may have dried up for a bit, but there is still the Keystone pipeline project which will benefit Houston. How? In fact, that may make things even worse. That doesn't benefit Houston but it does Canada. And with oversupply being the problem right now, having even more Canadian supply isn't going to make things better. With $45 oil people are not going to keep moving to Houston.And this isn't right either. Even if the oil sector is hit, there will still be people coming here for jobs. The people that do come here though may not warrant the expansion of Class A development, unless for example they are in the medical field and medical professionals need to move in somewhere. Although it has been in many sectors, the boom we have been seeing has been especially notable in Class A development... we may start seeing it swing towards more affordable units now but they may not be the architectural marvels that so many HAIFers require. Edited January 30, 2015 by Triton 2 Quote Link to post Share on other sites
JoninATX 170 Posted January 30, 2015 Share Posted January 30, 2015 I see the portion on Keystone Pipeline is already built in Texas. Disregard what I said earlier. Quote Link to post Share on other sites
Luminare 6044 Posted January 30, 2015 Share Posted January 30, 2015 A common mistake. Most of the pipeline is already built! The only part that people are arguing about is the "shortcut" which passes over an important aquifer. The only real benefit is that it gets to Houston and places like Port Arthur quicker making the feasibility of shale and sands oil more profitable. 1 Quote Link to post Share on other sites
houstontexasjack 2358 Posted January 30, 2015 Share Posted January 30, 2015 http://www.bizjournals.com/houston/news/2015/01/30/plans-underway-for-luxury-multifamily-project-in.html I suspect the Transwestern development is for this site. The acreage and location appear to match up. Quote Link to post Share on other sites
UtterlyUrban 1677 Posted January 31, 2015 Share Posted January 31, 2015 Projects are canceling. Money for new development is (reportedly) drying up. This cycle has already ended. Current projects - where dirt has already turned -- will continue.New projects won't start.If $45 (or below) oil persists, by this time next year, real estate will be down 20% Quote Link to post Share on other sites
Luminare 6044 Posted January 31, 2015 Share Posted January 31, 2015 *throws arms up in the air....again* well, I guess this thread is done too... Why don't we just close all going up threads hmm? Quote Link to post Share on other sites
Triton 11791 Posted January 31, 2015 Share Posted January 31, 2015 A common mistake. Most of the pipeline is already built! The only part that people are arguing about is the "shortcut" which passes over an important aquifer. The only real benefit is that it gets to Houston and places like Port Arthur quicker making the feasibility of shale and sands oil more profitable.More profitable? What do you mean? Rigs in the Eagle Ford Texas area are now losing money... not even break even. More supply will make things even worse than they already are. We need a mixture of less supply (OPEC) and more demand (the rest of the world). Only new technology and better ways of drilling will make shale more profitable... not a pipeline. Quote Link to post Share on other sites
bobruss 4988 Posted January 31, 2015 Share Posted January 31, 2015 Those of you who keep saying oh the medical industry and the Port of Houston will make up for the losses in oil I'm sorry to inform you but the reason our port ranks #1 in tonnage is due to the amount of oil product shipped through the port. It will be way down this next year in tonnage shipped. The Keystone pipeline will not help us one bit. First its going to Port Arthur to be shipped overseas. Every single segment of our economy will feel this crunch. Its called trickle down. Now you can put your head in the sand or pretend that its not happening but I promise you these things take at least a year or two to settle out. Unless there is a major war in the middle east or China's economy was to become more robust which it doesn't look like it will any time soon prices would go up. There was a $3.00 spike yesterday due to concerns of isis getting closer to the reserves in the middle east. Things will get better but in the near future things will definitely slow down. But hey we have a million projects to watch go up, and by the time they're coming to a finish oil will probably be back where it was and we'll go into our next boom. You can say I'm negative or a downer or whatever you like but thats because you don't want to know the truth or can't believe it. Its Houston, learn to live with it. 4 Quote Link to post Share on other sites
JoninATX 170 Posted January 31, 2015 Share Posted January 31, 2015 Yes things will slow down in which they have to. It all repeats in cycles, but does this mean Houston will stop growing? Of course not. Houston has a robust economy even in a down turn, we just have to ride out the storm. 4 Quote Link to post Share on other sites
Popular Post Urbannizer 44131 Posted April 22, 2015 Author Popular Post Share Posted April 22, 2015 Higher-res images. http://hpaurban.com/portfolio-item/san-felipe/ 13 Quote Link to post Share on other sites
cloud713 4038 Posted April 22, 2015 Share Posted April 22, 2015 (edited) I was wondering about this one the other day.. Edited April 22, 2015 by cloud713 1 Quote Link to post Share on other sites
toxtethogrady 808 Posted April 22, 2015 Share Posted April 22, 2015 That's cool, but are they serious? 1 Quote Link to post Share on other sites
monarch 3797 Posted April 22, 2015 Share Posted April 22, 2015 very nice! props for sharing urbannizer..... Quote Link to post Share on other sites
jackie21love 52 Posted April 22, 2015 Share Posted April 22, 2015 the 3-story apartments looks so cheap... Quote Link to post Share on other sites
LTAWACS 152 Posted April 22, 2015 Share Posted April 22, 2015 Where is this thing going? Quote Link to post Share on other sites
LarryDierker 3405 Posted April 22, 2015 Share Posted April 22, 2015 Where is this thing going? Up, apparently. 2 Quote Link to post Share on other sites
houstontexasjack 2358 Posted April 22, 2015 Share Posted April 22, 2015 It looks a bit like a poor man's version of the Austonian. (Aside: isn't the denonym for Austin an "Austinite?" How the heck did the developer arrive at "Austonian?") In any event, the design is pretty solid and would serve as a nice gap filler between the San Felipe Plaza and the smaller skyline of Westchase. Quote Link to post Share on other sites
Howard Huge 2398 Posted October 10, 2015 Share Posted October 10, 2015 Still alive? Quote Link to post Share on other sites
H-TownChris2 1892 Posted October 11, 2015 Share Posted October 11, 2015 Still alive?Was wondering that yesterday. I hope it is Quote Link to post Share on other sites
AREJAY 1306 Posted June 15, 2016 Share Posted June 15, 2016 I searched and couldn't find anything about this proposal on the site. 1,025,000 sq ft residential and commercial luxury highrise with townhouses. Looks to be around 35 stories Address: 7703 San Felipe Design by estudio architecture http://estudioarchitecture.com/projects/#! 9 Quote Link to post Share on other sites
Montrose1100 3720 Posted June 15, 2016 Share Posted June 15, 2016 Looks pretty similar to some other renderings we saw, but there was another oval tower. Forget the name of the thread. 1 Quote Link to post Share on other sites
LarryDierker 3405 Posted June 16, 2016 Share Posted June 16, 2016 Quote Link to post Share on other sites
AREJAY 1306 Posted June 16, 2016 Share Posted June 16, 2016 4 hours ago, LarryDierker said: Oops, sorry about that, I somehow missed that topic. Mods, feel free to merge! Quote Link to post Share on other sites
H-TownChris2 1892 Posted June 17, 2016 Share Posted June 17, 2016 Funny thing is, I was just thinking about this tower the other day... Quote Link to post Share on other sites
Topher 0 Posted June 22, 2016 Share Posted June 22, 2016 Is this going to be apartments or condo's? Quote Link to post Share on other sites
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