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Texas Tower (Block 58) By Hines, 47-Story Office Tower


democide

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I agree, they probably don't have any other parking planned for the tower, which is why I asked how Seattle developers handle parking situations/was wondering where the rest of the people might park. The plans call for 700,000 sq ft of office space, and 15,000 sq ft of retail.. 500 parking spaces wouldn't be enough.

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i like it how our example of what could be better is a SKANSKA project in another city when they have the eyesore of a parking garage here.....

 

Patience, Grasshopper.  If they stay even remotely close to the renderings when the tower is eventually done we'll never notice the parking podium.

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I agree, they probably don't have any other parking planned for the tower, which is why I asked how Seattle developers handle parking situations/was wondering where the rest of the people might park. The plans call for 700,000 sq ft of office space, and 15,000 sq ft of retail.. 500 parking spaces wouldn't be enough.

 

Based on what exactly? "The rest of the people" will either park in existing garages or on the street, or take transit or a bike in. 

What's the breakdown of commute type in Seattle? I assume its different from Houston, though I have no idea by how much.

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  • 1 month later...

I talked with a Harvey supervisor at the Hines 609 Main project during the luffer removal, he said they are going to demo the building this summer and make it surface parking lot and wait for the local economy to improve before they build something on this block.

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14 hours ago, hindesky said:

I talked with a Harvey supervisor at the Hines 609 Main project during the luffer removal, he said they are going to demo the building this summer and make it surface parking lot and wait for the local economy to improve before they build something on this block.

Well there's a shock!  <_<

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Demoing this block is something too get excited about if you ask me. Prepares the land for something Going Up! next cycle. They could decide just to leave the existing building vacant. I actually prefer an empty parking lot for this block for now. We'll get a better project next time around than we would if they began something now.   

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33 minutes ago, Sparrow said:

Demoing this block is something too get excited about if you ask me. Prepares the land for something Going Up! next cycle. They could decide just to leave the existing building vacant. I actually prefer an empty parking lot for this block for now. We'll get a better project next time around than we would if they began something now.   

Demoing the building also will make it easier to forget about the Chronicle's existence.

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On 3/27/2016 at 2:28 PM, hindesky said:

I talked with a Harvey supervisor at the Hines 609 Main project during the luffer removal, he said they are going to demo the building this summer and make it surface parking lot and wait for the local economy to improve before they build something on this block.

Just a little curious about this.  If they are going to demo the building and replace it with surface parking, why would they wait until summer? I would think they would want to get it done ASAP and start earning a little money from the parking.

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Quote

The guy in a hard hat setting up barriers said it would take a year to demolish. Perhaps the exterior will start coming down this summer, but it appears that they are starting now.

I have worked on a few jobs like this one, here is how it will likely go:

  • They will run interior asbestos abatement crews that will likely gut / scrap most of the interior. ¬†
  • Then the building will be processed down with high reach demo excavators.

This one should be pretty fun to watch once the get to the facade and structure demo. 

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I really hate seeing this building go... I'm actually right next to it now... I mean we will have a crater on this side of DT... right next to the massive Chase tower... idk, just hope something replaces one of these lots soon because this is depressing... you have a boom and to replace all the great construction you have Skanska build a garage and the Chronicle building coming down. 

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22 hours ago, j_cuevas713 said:

I really hate seeing this building go... I'm actually right next to it now... I mean we will have a crater on this side of DT... right next to the massive Chase tower... idk, just hope something replaces one of these lots soon because this is depressing... you have a boom and to replace all the great construction you have Skanska build a garage and the Chronicle building coming down. 

Not to mention the fact that there's already a giant parking lot right next to this location by Market Square. 

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Not surprising given the area explosion as a hot spot and parking shrinking  in that area that for the time being they see a parking lot as more revenue potential than another building ..The beauty about Hines unlike other companies is that the moment they decided that a building is more profitable than a lot..they will

most likely move ahead with it.

Edited by Moore713
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damn it.

 

We already lost the Houston Club Building and the two smaller edifices so the f'in Lancaster Hotel could park 50 cars. Now, we're losing a full block?

 

Lets all pray oil rebounds quickly but I am old enough to recall all of the scars that were created in the 1970s and 80s being empty for decades...

 

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Nobody would pay $10 million (or whatever Hines paid for the Chron building) to own a building that they're going to have to pay millions more to have demolished just to turn it into a parking lot. Thank GOD Hines are the ones who bought the lot. I suspect it'll sit as a lot for a year or two but you can bet for sure that somewhere in Houston, in a corner office on the upper floors of a building that there is a sketch or model of a new skyscraper that will eventually adorn that block. Anybody?

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I dont think they will have build a skyscraper here, more like a 30-40 story hotel/retail. This side of downtown will be booming with nightlife and rest assured hotel demand always follows. It sucks that this side of downtown will have two adjacent parking lots esp during super bowl 

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On April 5, 2016 at 6:28 PM, j_cuevas713 said:

I really hate seeing this building go... I'm actually right next to it now... I mean we will have a crater on this side of DT... right next to the massive Chase tower... idk, just hope something replaces one of these lots soon because this is depressing... you have a boom and to replace all the great construction you have Skanska build a garage and the Chronicle building coming down. 

i would love to see this block become a massive residential/hotel/retail tower. Along with the International Tower block, it would be nice to have residential developement creep further towards the theater district.

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10 hours ago, astros148 said:

It sucks that this side of downtown will have two adjacent parking lots esp during super bowl 

 

Who knows what is actually going to happen for the events, but the surface lots around DG looked well utilized around the Final 4 festivities.  Tie something in to Market Square Park and those two blocks could be a temporary plus for the Super Bowl crowd. 

 

But for what it's worth, dude in hard hat told me that it would take a year to complete the demolition. It might still be in carcass stage next February.

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12 hours ago, astros148 said:

I dont think they will have build a skyscraper here, more like a 30-40 story hotel/retail. This side of downtown will be booming with nightlife and rest assured hotel demand always follows. It sucks that this side of downtown will have two adjacent parking lots esp during super bowl 

Mixed Use?

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I walk by this building at Milam & Texas corner every morning on my way to work.

 

The electricity appears to be off, and there is a large (running) generator situated outside the giant warehouse door truck entrance.

 

Wonder what's going on?

 

Edited by Gary K
change
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Looks like the theatre square people aren't happy with the demolition

http://swamplot.com/hines-and-hearst-being-sued-over-planned-demo-of-former-houston-chronicle-building/2016-04-26/

Quote

Linbeck’s Theater Square entity claimed in a Wednesday night filing that the planned demo is the latest in a string of interferences with its attempts to build a tunnel through the former newspaper building’s basement and connect its property into the broader downtown tunnel network.

 

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On 4/14/2016 at 7:48 PM, astros148 said:

I dont think they will have build a skyscraper here, more like a 30-40 story hotel/retail. This side of downtown will be booming with nightlife and rest assured hotel demand always follows. It sucks that this side of downtown will have two adjacent parking lots esp during super bowl 

 

Optimist here: if the concern is for the superbowl, there's nothing stopping the owners from pulling a temporary TABC for each property and having some beer booths along with 10-15 food trucks and asking for a modest 15-20% cut of sales.

 

reality here: they'll probably just charge $100 per parking spot.

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  • 2 weeks later...

I believe that Hines has bought property in the past in downtown and demolished buildings and held the property for a few years before proceeding with development. Please verify or correct me but it seems someone has quoted that before. I also spoke with one of the very high up officials in the company who happens to be the next door neighbor to family and he said it will be a while before anything is done with the property. There is no incentive to start another project right now due to our economic state, and to do differently would be unsound judgement in my mind. I don't know how many of you were around in 1985, at the height of the oil bath but the  investors in the Heritage Plaza were the last ones in the building boom to start construction and before the slab was dry they were filing for bankruptcy. With millions of square feet of sub lease available downtown and 22,000 new inside the loop apartments almost  10,000 of them downtown why build even if your talking 3 years for completion. The oil companies won't be absorbing that space for a while and its going to take several years to fill whats being built right now. 

Perfect example is BG Place soon to be 00Place. It will happen but I think its going to be a parking lot for a while.

I hope not but history says they will wait.

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In the case of the last few Hines projects downtown (BG Group Place, 609 Main, Walker@Main garage and Calpine), the existing structures were torn down immediately before building the new structures.  Technically in the case of 609 Main, the McDonald's came down quite a few years before construction began, but that was a minor building, and maybe that had nothing to do with Hines (the Texas Tower, the only building of consequence on that block, wasn't taken down until they were ready to build 609 Main).

 

This is a different situation, with millions of vacant square footage downtown, including a new Hines tower that is only about a third pre-leased (and Hines' since-sold last tower, BG Group Place, will soon have over 40% vacancy), so maybe Hines will delay things a bit, but it seems their strategy is to deliver office space every 5 years or so (frequently when nobody else is building), so it really wouldn't surprise me if they start on a new building here within a couple years of 609 Main opening (the opening of which will more-or-less coincide with the Chronicle block being cleared).

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  • Highrise Tower changed the title to Texas Tower (Block 58) By Hines, 47-Story Office Tower

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