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While development is easing in most sectors, retail is just coming to the table, says NewQuest EVP Chris Dray, pictured, left, with moderator Insgroup SVP Philip Wise. NewQuest has 13 retail projects under development, including three mixed-use centers inside the Loop. One of the biggest changes is the resurgence of the big box—six or seven power centers are planned across the metro. But he’s got his eye on something that’d be a true game changer.Gulf Coast Commercial develops vertical retail at the former Tarkett site in the Heights, it’d be the first of its kind in Texas. Nothing definitive has been announced, but Chris believes it’ll happen and says “it’ll change everything.”

Read more at: https://www.bisnow.com/houston/news/mixed-use/houston-developers-defying-national-perception-with-new-projects-49116?utm_source=CopyShare&utm_medium=Browser

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While development is easing in most sectors, retail is just coming to the table, says NewQuest EVP Chris Dray, pictured, left, with moderator Insgroup SVP Philip Wise. NewQuest has 13 retail projects under development, including three mixed-use centers inside the Loop. One of the biggest changes is the resurgence of the big box—six or seven power centers are planned across the metro. But he’s got his eye on something that’d be a true game changer.Gulf Coast Commercial develops vertical retail at the former Tarkett site in the Heights, it’d be the first of its kind in Texas. Nothing definitive has been announced, but Chris believes it’ll happen and says “it’ll change everything.”

Read more at: https://www.bisnow.com/houston/news/mixed-use/houston-developers-defying-national-perception-with-new-projects-49116?utm_source=CopyShare&utm_medium=Browser

Big Box never left, big box is here to stay.

By "vertical" retail do they mean 2 story strip centers? Like the one off 59 or the one on Post Oak?

While it would be nice to have katyville developed more urban, I'm confident in a couple decades it will.

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Any truth to any of this?

 

 

 

Update on the Grocer Supply location
Just returned home from a family gathering and my relative who works for Memorial Hermann just gave me an update on what is going in at the Grocer Supply location. As I had mentioned many months ago, the site is to me a "Convenient Care Center" (CCC) for Memorial Hermann that will occupy a 35000 sf facility with the 1st floor being an ER facility with X Rays
 and MRI, and the upstairs will be doctor offices geared toward family needs - pediatrician, OB/GYN, and so on. All of this will be announced mid September when the official renaming of the 610-Ella hospital to Memorial Hermann Greater Heights. The Studewood location, along with an Urgent Care center (at I-10 and Washington) will be open in 2017. Sometime in October, official announcements will be published.
The more interesting part of the development story is what is going in at the Tarkett location by Kroger. The new development there will be completed in 2017. But here is the kicker... A new Kroger will be built along with a Best Buy and other retailers in a 3-story Atrium development and more apartments. I was told the Kroger current location would be sold and likely demolished for more apt and retail development. This location is apparently the top producing Kroger in the state. I don't have the info to back this statistic up, but it was part of the development story. So, this led to the question of an HEB. A top exec at Memorial Hermann is friends with Scott McClelland with HEB and he was asked if Kroger is doing so well at that location, why isn't HEB entering the Heights market. Supposedly, Mr McClelland said HEB is, but the location will be on the north side of I-10. Which street was not mentioned or known. I say YAY to that!!! 
So back to the MHCCC going in at Grocer Supply. The building will be "L" shaped and will contain other retail in addition to the 35,000 sf Hermann center.
Again, my source is a family member with a high up executive role with MH, but I told him I would not share his name. The info will become public in September.
That's all I've got. Just thought I'd share.

 

 

 

 

HEB will have a new location at the corner of Waugh @ Washington, scheduled to open in late 2017/early 2018. That location is currently occupied by an apartment complex, it's coming down soon.

 

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Yea so I read everything in that nextdoor thread. So much BS I had to write a comment. It's just people thinking they have the inside scoop on something that it doesn't even make sense logically. It's too soon... everyone wants the inside scoop on this development. Let's wait until the developers actually have something to share...

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Wow... now people are claiming Midway (or as Nextdoor user put it... the people behind City "Center") owns land on Washington Ave. This thread just keeps getting more and more ridiculous.

Midway did buy the land the apartments are on... I swore that really happened. Am I completely confused,

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Midway did buy the land the apartments are on... I swore that really happened. Am I completely confused,

 

http://www.bizjournals.com/houston/news/2014/12/23/washington-avenue-apartments-sold-to-local.html

 

There was a brief mention of the apartments recently in the HBJ Weekly Edition. Midway is in the very early conceptual stages of redevelopment for the land, but the apartments will stay for a few more years.

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http://www.bizjournals.com/houston/news/2014/12/23/washington-avenue-apartments-sold-to-local.html

There was a brief mention of the apartments recently in the HBJ Weekly Edition. Midway is in the very early conceptual stages of redevelopment for the land, but the apartments will stay for a few more years.

Thanks. At least I'm not crazy.

I am very excited for what midway comes up with at that location!

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midway did purchase land on washington on top of being the developer for the lionstone tract on waugh and memorial. no idea on the rest of the information other than gulf coast commercial stating on several occasions that they are heavily considering the states first big box vertical development, so that much checks out.

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Ah that is right, but in the Nextdoor section, people were mentioning the Core on Washington. That isn't owned by Midway. Thanks for the reminder. Some of this seems far fetched but Archstone could potentially turn into an HEB. The Kroger is highly unlikely to be bulldozed.

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HEB on Waugh and Washington has become a bit of a running inside joke on nextdoor.  Every time there is a discussion about a new development, everyone ends up posting about how they wish that there would be a new HEB.  Someone speculated about the Archstone property and it just sort of caught on as a nextdoor meme. 

 

HEB is pretty rigid in its requirements for a new store.  They will not build on less than 6 acres and have no desire to try a smaller store concept.  In fact, they seem to be happy building bigger and bigger.  I am sure they will eventually find a spot near the Heights. 

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  • 2 weeks later...

HEB on Waugh and Washington has become a bit of a running inside joke on nextdoor.  Every time there is a discussion about a new development, everyone ends up posting about how they wish that there would be a new HEB.  Someone speculated about the Archstone property and it just sort of caught on as a nextdoor meme. 

 

HEB is pretty rigid in its requirements for a new store.  They will not build on less than 6 acres and have no desire to try a smaller store concept.  In fact, they seem to be happy building bigger and bigger.  I am sure they will eventually find a spot near the Heights. 

 

They did rebuild a smaller store in San Antonio as two levels, and there's rumors that the new Bellaire store will be two level too (unless I missed something). I hate to tell you, but despite what analysts say, grocery stores tend to build bigger. H-E-B's smallest new stores nearly approach 70k square feet, and an 80k square foot Wegmans (very popular in the Northeast) is considered "small" by their standards. Frankly, I can understand why they don't have a smaller store concept, as everyone just whines and complains about how small the former Pantry stores are.

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  • 2 months later...

Funny you posted that.. was fueling up at Krogers when I noticed this. So many excavators on site. It's quite impressive actually. Some of that steel is already gone and the fencing around the site is down too. They've cleared a large portion in the back already.

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Man, it's so crazy. It's like you know I'm going to post about this. Yea, they're moving incredibly fast on this demo. As I said earlier, it's quite impressive. Feels like they'll be finished before the end of the month.

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Probably sound like a broken record but this demolition is incredible. They are almost half way done with the massive steel structure. Never seen a demo go this fast.

 

It seems like they are taking it apart piece by piece rather than using an excavator to just pull it all down. It's hard to tell from the freeway as I go by, but it looked like there were guys on top unbolting the steel.

 

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http://www.houstonchronicle.com/business/columnists/sarnoff/article/Unique-retail-concept-could-land-near-downtown-6660696.php#photo-8785238

 

 

 

A local commercial real estate company is considering building an urban shopping center just west of downtown that would help pioneer a relatively new development concept in Houston: "stacked retail."

 

The project, to be built on more than 20 acres just south of Interstate 10 between Sawyer and Studemont, could house one big-box retailer on top of another. The idea of stacking stores is rare in Houston where land is plentiful and sprawling. Suburban-style develop-ment often takes precedence, even sometimes in the inner city.

 

Egan said the firm has been showing the property and talking with different tenants.

 

In addition to the big boxes, there would also be smaller shop and restaurant space. 

 

The project, he said, could break ground in the second half of next year.
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Since this is such a large tract of land, I must admit, I am actually surprised they are thinking of doing a double stack. But it works with the Costco and La Fitness at Richmond/Westlayan so I don't see why it can't work here.

 

Edited by Triton
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  • 2 weeks later...

That's huge!

 

That's what I've been saying. This site is so massive it's impressive they are even considering a two story retail development. I think people need to still keep expectations for this site low though even with a double decker retail complex.... this will still be Katyville-like.

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  • The title was changed to Lower Heights District Developments

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