Urbannizer

The Driscoll: New 29-Story apartment tower with retail for the River Oaks Shopping Center

Recommended Posts

Urbannizer    33,406

phttp://www.bizjournals.com/houston/news/2015/12/15/river-oaks-shopping-center-might-add-residential.html

 

Quote
Houston-based Weingarten Realty Investors (NYSE: WRI) is considering adding mixed-use components to its existing River Oaks Shopping Center.

 

Some of the options Weingarten is considering include a residential component, additional retail and structured parking, as well as improved pedestrian walkability and enhanced public spaces. However, the company said the plans are still very preliminary.

 

“If an option evaluated is feasible and a definitive plan is approved, we will make an official announcement,” Gerald Crump, senior vice president of leasing for Weingarten Realty, said in a statement.

  • Like 6

Share this post


Link to post
Share on other sites
swtsig    2,326

I know this is not referring to the new ROD, so which "River Oaks Shopping Center" is this?  

 

the one on west gray... you know, River Oaks Shopping Center.

  • Like 6

Share this post


Link to post
Share on other sites
jgriff    361

I know this is not referring to the new ROD, so which "River Oaks Shopping Center" is this?  

 It's been on West Gray at Shepherd since 1937.

  • Like 2

Share this post


Link to post
Share on other sites
Subdude    1,308

Back when plans for redeveloping the River Oaks Shopping Center were first mooted (leading to the Barnes & Noble building) there was a diagram floating around that showed a residential development where the River Oaks Theater is.  I wonder if that is still what they have in mind.  

 

 

Share this post


Link to post
Share on other sites
jgriff    361

Back when plans for redeveloping the River Oaks Shopping Center were first mooted (leading to the Barnes & Noble building) there was a diagram floating around that showed a residential development where the River Oaks Theater is.  I wonder if that is still what they have in mind.  

The article says this component would be on the North side of W. Gray where Sur La Table, Local Pour and  Brasserie 19 currently are.  

  • Like 2

Share this post


Link to post
Share on other sites
Subdude    1,308

The article says this component would be on the North side of W. Gray where Sur La Table, Local Pour and  Brasserie 19 currently are.  

 

Thanks.  I'm glad to hear that.

  • Like 2

Share this post


Link to post
Share on other sites
Urbannizer    33,406

http://www.houstonchronicle.com/business/columnists/sarnoff/article/Weingarten-River-Oaks-Shopping-Center-plans-6705313.php#photo-9126069

 

On Tuesday, the company said it is planning more changes. This time Weingarten officials are focused on the north side of the property along West Gray between McDuffie and Driscoll streets. The changes could include adding residential units, more retail space and parking.

 

"We've started engaging architects, and we're talking to various vendors," senior vice president of leasing Gerald Crump said in a phone interview. "We've had some tenant conversations over the last several weeks of what we could potentially do out here."

 

The company called the new plan "very preliminary."

 

n 2007, Weingarten demolished the building on the center's northwest corner to make way for a bigger structure, which is now anchored by Barnes & Noble. The company also added a multistory parking garage in the back.

The new development was one that drew the ire of historic preservation groups that already had concerns about losing their beloved River Oaks Theatre.

If Weingarten intends to demolish any parts of the center, it will have to notify the city's Houston Archaeological and Historical Commission because the property is designated as a historic landmark.

But even if the commission disapproves of the plans, Weingarten could still move forward after a 90-day waiting period, said David Bush, acting executive director of Preservation Houston.

Crump said Weingarten does not take the community's concerns lightly and would communicate its plans to residents as it gets closer to finalizing its plans.

Based on a preliminary timetable, the new development could be completed as early as 2019.

  • Like 3

Share this post


Link to post
Share on other sites
Urbannizer    33,406

Weingarten Expands River Oaks Center Footprint with Acquisition 

 

Weingarten Realty has made a property acquisition in the River Oaks area that will allow it to expand its redevelopment plans for its iconic River Oaks Shopping Center.

 

The Houston-based real estate investment trust purchased the Pier One store at 1935 West Gray.

 

"The property will be part of the future redevelopment of the River Oaks shopping center," according to a company statement released Tuesday with information on fourth-quarter transactions.

 

Share this post


Link to post
Share on other sites
jgriff    361

Not sure if it's related but I saw survey crews at the river oaks shopping center this weekend. Near Kroger and and also near Sur La Table.

Share this post


Link to post
Share on other sites
Urbannizer    33,406

 

Drew tells us everything is on the table. The company is considering a residential component, office space, parking options and landscaping improvements (don’t worry, removing there are no plans to remove the palm trees).  The residential component would probably see more empty nesters than Millennials, considering the area, Drew says.

Weingarten is always looking for ways to modernize the iconic shopping center, Drew says, even when those improvements whip up controversy. The company's exploring ways to connect the north and south sides of the complex. They’ve considered an elevated crosswalk, but that idea never got off the ground—literally. The distance across the road is too short; the span would be too steep to walk comfortably. An underground tunnel would likewise have a number of obstacles. Discussions continue.
 

Kroger is being remodeled, no surprise since Drew says supermarkets are a bright spot in Houston's Goldilocks economy: OK, but not great. Weingarten’s grocers average an outstanding $602/SF in sales, Drew tells us.

Read more at: https://www.bisnow.com/houston/news/retail/drew-alexander-dishes-on-river-oaks-shopping-center-and-the-end-of-the-universe-57600?utm_source=CopyShare&utm_medium=Browser

Share this post


Link to post
Share on other sites
Urbannizer    33,406

More properties acquired  for redevelopment 

 

http://m.chron.com/business/real-estate/article/Weingarten-announces-Q4-earnings-and-River-Oaks-10949152.php

 

Weingarten Realty Investors said Tuesday that it purchased two free-standing buildings next to its River Oaks Shopping Center "that will facilitate planned future redevelopment."



 

The buildings were mentioned in the company's fourth-quarter earnings release, where Weingarten reported quarterly net income of $44.1 million, or 34 cents per share, down from $47.3 million, or 38 cents per share, for the same period in 2015.

  • Like 3

Share this post


Link to post
Share on other sites
H-Town Man    2,298

Weingarten is always looking for ways to modernize the iconic shopping center, Drew says, even when those improvements whip up controversy. The company's exploring ways to connect the north and south sides of the complex. They’ve considered an elevated crosswalk, but that idea never got off the ground—literally. The distance across the road is too short; the span would be too steep to walk comfortably. An underground tunnel would likewise have a number of obstacles. Discussions continue.

 

I know I must be looking straight at it, but for some reason it escapes me... Can someone tell me why people can't just walk across the street there?

 

  • Like 7

Share this post


Link to post
Share on other sites
Montrose1100    2,741
1 hour ago, H-Town Man said:

 

 

 

I know I must be looking straight at it, but for some reason it escapes me... Can someone tell me why people can't just walk across the street there?

 

Lol! Since the redevelopment would likely include a second story, they could just... you know, span the two. Likely where there are to be stairs and elevators in place already?

 

People cross Westheimer in Highland Village all the time. All ages, all incomes, all times of day.

  • Like 3

Share this post


Link to post
Share on other sites
skwatra    371

Kroger is the only place I frequent in that area, and I normally ride my bike down Clay to Woodhead to get there. Too many parking lot entrances and cars darting all over the place. I actually had to go to JosABank and Kroger this last weekend and walked in between. Just a few stores and a parking lot apart. I almost got run over several times and watched people valet for Sunday brunch when they could have parked 50' away. Between the size of the parking lots, number of entrances, fast left turners coming off Gray, and the unfortunate nature of all the people around, not many people walk in that center. I think it will take more then an elevated crosswalk to change the way people move around the whole center.

  • Like 2

Share this post


Link to post
Share on other sites
CrockpotandGravel    4,336

More on the residential tower coming to River Oaks Shopping Center from Houston Business Journal:
 

Houston-based Weingarten Realty Investors (NYSE: WRI) announced Feb. 22 that it plans to build a 30-story residential luxury high-rise within the River Oaks Shopping District.
 

The tower will be located on the north side of West Gray at Driscoll Street, at the current site of Local Pour, Café Ginger and adjacent parking. It will include 300 luxury units and about 10,000 square feet of ground-floor retail. The project is tentatively expected to break ground in 2018 and be complete in 2021.


Hanover Co. and Ziegler Cooper Architects, both based in Houston, have been chosen to develop and design the tower. John Anderson, Weingarten’s regional development director, will oversee the development.


“The integration of a luxury residential tower is transformative for River Oaks Shopping Center and will further solidify it as a premier mixed-use project in Houston,” Gerald Crump, senior vice president for Weingarten, said in a press release. “Plans also include special attention to design, walkability, placemaking and additional retail parking to ensure the long-term success of our retailers and enjoyment of our future residents.”



http://www.bizjournals.com/houston/news/2017/02/22/residential-tower-to-rise-in-river-oaks-shopping.html

 

Edited by CrockpotandGravel
  • Like 5

Share this post


Link to post
Share on other sites
lockmat    1,965

What this means to me is another pocket of high-rises is coming to this dead end at w. Gray.

 

Residents of this tower will like that Regent Square is right around the corner...eventually.

  • Like 3

Share this post


Link to post
Share on other sites
Subdude    1,308

I have to admit it is a great location.  Being in walking proximity of all that retail, River Oaks Theater and Kroger is going to be a big draw. 

  • Like 2

Share this post


Link to post
Share on other sites
skwatra    371
1 minute ago, Subdude said:

Being in walking proximity of all that retail

except no one walks around there! I'm telling you people drive from one store to another within the same parking lot.

  • Like 6

Share this post


Link to post
Share on other sites
KinkaidAlum    2,258

skwatra is right. I've seen people drive from the North side to the South side just to shop. Seriously. When I lived on Elmen I used to walk to the River Oaks Theater but that was in the 90s and there was also a theater at West Gray @ Waugh. Saw Mars Attacks there after a bowl. Never laughed so hard in my life. 

  • Like 7

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now