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Australian Developer Planning Five High-Rises for Midtown

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https://www.bizjournals.com/houston/news/2019/07/11/photos-australian-developers-first-us-apartment.html

 

The building’s first floor also features 13,000 square feet for retail, 80 percent of which has already been leased. The retail tenants that have already leased space in Drewery Place include Austin-based Black Swan Yoga, Houston-based Earthcraft Juicery and

Caydon’s future condo sales center.

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Posted (edited)
18 hours ago, Urbannizer said:

 

Oh hell yes, a juice place. Those kind of places are underrated, you always get a combo coffee shop, or some kind of lower effort food place (sandwiches) when transitioning to healthy stuff but juice places are kinda hard to come by. Its becoming a neighborhood! 

 

Also, you never realize how green Houston actually is until you fly in. 

Edited by X.R.
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I saw on Emporis today that they list the construction cost of some, but not all, developments. 3300 Main comes in at $70M, The Driscoll is listed at $150M, and Drewery Place a whopping $200M!  Just by looking at it, it is easy to tell that Drewery Place is high-quality, but WOW!  Two questions to those who are well-versed on high-rise construction:  (1) How reliable are the numbers on Emporis? and (2) Is there really that much of a range in construction cost for similar-sized buildings?  If the answer is yes, I’m a little scared at what the final product at 3300 Main will look like!

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12 hours ago, MarathonMan said:

I saw on Emporis today that they list the construction cost of some, but not all, developments. 3300 Main comes in at $70M, The Driscoll is listed at $150M, and Drewery Place a whopping $200M!  Just by looking at it, it is easy to tell that Drewery Place is high-quality, but WOW!  Two questions to those who are well-versed on high-rise construction:  (1) How reliable are the numbers on Emporis? and (2) Is there really that much of a range in construction cost for similar-sized buildings?  If the answer is yes, I’m a little scared at what the final product at 3300 Main will look like!

 

Assuming it is accurate, it may have cost more because of the pace of construction. Remember the insane foundation pour?

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15 hours ago, MarathonMan said:

I saw on Emporis today that they list the construction cost of some, but not all, developments. 3300 Main comes in at $70M, The Driscoll is listed at $150M, and Drewery Place a whopping $200M!  Just by looking at it, it is easy to tell that Drewery Place is high-quality, but WOW!  Two questions to those who are well-versed on high-rise construction:  (1) How reliable are the numbers on Emporis? and (2) Is there really that much of a range in construction cost for similar-sized buildings?  If the answer is yes, I’m a little scared at what the final product at 3300 Main will look like!

 

I actually dont know how accurate Emporis. I'm not sure how they would have access to the contractors fees. 

 

for your second question. Yes. A lot of it can depend on interior and exterior finishes etc... a lot depends on finishes, difficulty of construction, and of course how fast the owner wants it. If the contractor has to throw a bunch of extra people on it to complete it quicker, then the owner is going to pay more. 

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9 hours ago, Purdueenginerd said:

 

I actually dont know how accurate Emporis. I'm not sure how they would have access to the contractors fees. 

 

for your second question. Yes. A lot of it can depend on interior and exterior finishes etc... a lot depends on finishes, difficulty of construction, and of course how fast the owner wants it. If the contractor has to throw a bunch of extra people on it to complete it quicker, then the owner is going to pay more. 

 

I know that this is kind of a debate in the architectural community, but it really shouldn't. Do we measure the height of mountains by the highest base camp one can inhabit? That same logic gets put into the height of buildings where the argument is that the tallest should be the highest livable space. Kind of a weak argument. The tallest is to the very tallest point of the material.

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1 hour ago, Luminare said:

 

I know that this is kind of a debate in the architectural community, but it really shouldn't. Do we measure the height of mountains by the highest base camp one can inhabit? That same logic gets put into the height of buildings where the argument is that the tallest should be the highest livable space. Kind of a weak argument. The tallest is to the very tallest point of the material.

 

But occupancy by humans is more in the nature of a building than of a mountain. For instance, an office building is a building that allows people to office inside. So when the Petronas Towers were declared taller than the Sears Tower, it struck many as a sham, since the Sears had a higher office floor, while the Petronas relied on a spire. I think this may also affect 600 Travis' rank as tallest building in the South vs. the BoA building in Atlanta.

 

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11 hours ago, mattyt36 said:

 

Wow, retail is already 80% leased. Any idea how much of Mid Main is leased?

I thought that was just the ground floor retail. Units were about 10% leased.

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11 hours ago, H-Town Man said:

 

But occupancy by humans is more in the nature of a building than of a mountain. For instance, an office building is a building that allows people to office inside. So when the Petronas Towers were declared taller than the Sears Tower, it struck many as a sham, since the Sears had a higher office floor, while the Petronas relied on a spire. I think this may also affect 600 Travis' rank as tallest building in the South vs. the BoA building in Atlanta.

 

 

I'll probably agree with @Luminare on this one. Consider me biased though. When you start getting that high, the stuctural engineering of items associated with wind loads get more and more challenging. A spire to me, is a structural member that has to be accounted for.

 

That being said, I understand the Pro-Sears tower/Willis Tower position on occupied floor. 

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24 minutes ago, Purdueenginerd said:

 

I'll probably agree with @Luminare on this one. Consider me biased though. When you start getting that high, the stuctural engineering of items associated with wind loads get more and more challenging. A spire to me, is a structural member that has to be accounted for.

 

That being said, I understand the Pro-Sears tower/Willis Tower position on occupied floor. 

 

I should note that I am not firmly in the "highest floor" camp, just keeping the debate open. This also famously played out in the race between the Chrysler building and the Manhattan Co. building to be the tallest in the world, where a long spire was hidden secretly inside an elevator shaft of the Chrysler until the Manhattan Co. building was completed, then triumphantly raised up above the roof to steal the record back.

 

 

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Posted (edited)
38 minutes ago, H-Town Man said:

 

I should note that I am not firmly in the "highest floor" camp, just keeping the debate open. This also famously played out in the race between the Chrysler building and the Manhattan Co. building to be the tallest in the world, where a long spire was hidden secretly inside an elevator shaft of the Chrysler until the Manhattan Co. building was completed, then triumphantly raised up above the roof to steal the record back.

 

 

 

Was going to mention that in my original response! The argument for highest livable space in regards to height has a good argument when a buildings top is pretty flat and they just throw a spire on top. Thats pretty lazy. If the crown/spire is an integral part of the design then thats another. The Spire in London would be a good example of this. Its pyramidal form that gradually rises to a point and its clearly a design feature of the building and not just primarily to make it "tallest".

Edited by Luminare

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On 6/26/2019 at 12:10 PM, Urbannizer said:
On 6/22/2019 at 11:00 PM, houstontexasjack said:

The Caydon Facebook account had another rendering for Laneways Midtown that does not appear to be of Drewery Place. Possibly one of the towers to the north. Corten steel part of the look:

 

PYDbIkH.jpg




 

Here's another via Instagram


Want everything Houston has to offer? Laneways makes it easy since retail, coffee shops, restaurants, and creative spaces are already included in our plans. #caydonUSA #LanewaysMidtown#LanewaysDreweryPlace

elbpav8.jpg
https://www.instagram.com/p/BzIdw63nCbP
 

 



Neat-o!

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Posted (edited)
On 6/21/2019 at 9:54 AM, X.R. said:

Theres a banner up saying "award winning sushi restuarant and bar" is moving in, and they also put up a sign some kind of fitness looking place is moving in.

 

Have they already said what places are going to be on the ground floor?



Updated site plan of Drewery Place at Laneways , the Caydon development, 2850 Fannin St in Midtown Houston.

This is from a recent updated leasing brochure from Shop Companies.


Missing from this is The Flying Biscuit, the breakfast restaurant in the 3,200 sf space at 2850 Fannin, on the corner of Fannin and Drew.

The website for the midtown Houston location is up still with a fall 2019 arrival. But the site map seems to suggest otherwise. 

https://flyingbiscuit.com/locations-2/houston/ (archive link)




https://shopcompanies.com/properties/drewery-place (archive link)

Brochure: https://shopcompanies.com/properties/pdf/drewery-place (archive link)


rFnjEVe.jpg
 

Edited by CrockpotandGravel
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1 hour ago, CrockpotandGravel said:



Updated site plan of Drewery Place at Laneways , the Caydon development, 2850 Fannin St in Midtown Houston.

This is from a recent updated leasing brochure from Shop Companies.


Missing from this is The Flying Biscuit, the breakfast restaurant in the 3,200 sf space at 2850 Fannin, on the corner of Fannin and Drew.

The website for the midtown Houston location is up still with a fall 2019 arrival. But the site map seems to suggest otherwise. 

https://flyingbiscuit.com/locations-2/houston/ (archive link)




https://shopcompanies.com/properties/drewery-place (archive link)

Brochure: https://shopcompanies.com/properties/pdf/drewery-place (archive link)


rFnjEVe.jpg
 

 

Now that is one tightly packed in floor plan. I don't see an ounce of fat in that. Even with an entire lot its hard to pack in what they packed in and still cater to parking. This is a good sign for the rest, and with the recent added exemptions to parking for this part of Midtown, hopefully that will give them some more flexibility to do even more.

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th?id=OIP.eTqxXkJKrpP1wHXdlG_-3QHaIX&pid

^^^ this particular project is really starting to remind me of the brand new BANK OF AMERICA TOWER downtown.  basically, every time you can blink an eye, there is something new and exciting springing forth from this new development.  this project is really going to become the new essential for midtown, houston.  there is nothing at all DREARY about DREWERY.  G'DAY MATES!    

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2 hours ago, X.R. said:

Also, it seemed like they already had stuff in the lot in front of the building, where it’s fenced off. Tools and stuff from the current building or are they starting right away after everything is online with the apartments? Either way, very cool.

I think they’re planning to start the next phase at the first of the year.  Maybe they’ll demo the art supply building before that, but I’d guess they want a little time buffer to let Drewery Place grow roots before they start disrupting the neighborhood with new construction.

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Looks like every tower has been stated as a none hazard. There's about 7 more of these docs, but they're all the same. 

https://oeaaa.faa.gov/oeaaa/external/WebBlobServlet

 

Weirdly enough the amount of cases for the development is at 8 (the 150+ m part). Hopefully we can get a rendering, or maybe even an explanation on what this guy has planned. Seems like it's a lot bigger than we previously expected. 

https://oeaaa.faa.gov/oeaaa/external/searchResults.jsp?action=searchDeterminedCases&orderCol=6&orderMode=desc&pageNum=1

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Units on several floors are lit up at night - not sure if or how many are actually occupied yet.
 

 

rear.PNG

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11 minutes ago, dbigtex56 said:

Units on several floors are lit up at night - not sure if or how many are actually occupied yet.
 

 

rear.PNG

Me looking at the tower from my office once we fall back to standard time.....

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Posted (edited)

A friend is moving in today.  I will try to probe for as much information as I can. 

 

Edited by urbanize713
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6 minutes ago, urbanize713 said:

A friend is moving in today.  I will try to prove for as much information as I can. 

 

Offer to help them carry some things in and get some pictures for us!

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17 minutes ago, bobruss said:

Offer to help them carry some things in and get some pictures for us!

 

I second this and will raise the stakes by also offering to carry some things if I can check out the amenities deck!

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3 hours ago, dbigtex56 said:

Units on several floors are lit up at night - not sure if or how many are actually occupied yet.
 

 

rear.PNG

 

Me while I've been working on this map.

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6 hours ago, BeerNut said:

 

HAIF moving services.  "We'll help with the moving, just let us do some snooping"

That’s catchy.

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Posted (edited)
19 hours ago, TheSirDingle said:

Seems like it's a lot bigger than we previously expected. 



Let's hope so. The Caydon project has me as giddy as Maxwell the pig in the Geico commercials. 

happy fun GIF


The expedient pace of the phase one build-out puts some other developers with Houston projects to shame. (**cough, cough** developers of Camden McGowen Station **cough, cough**) :lol:

Edited by CrockpotandGravel
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This developer works fast! They said summer 2019 and now it's done. I hope the next phases go as planned.

 

The lot in front of the mural looks to be vacant now - I remember seeing it used as storage and parking for the construction crew.

 

What about the huge block of vacant buildings diagonally across the street (on Fannin between Anita and Tuam)? I passed by and saw a law firm in one corner and some building with a green stripe that I think used to be a club.

 

I'm crossing my fingers that midtown becomes more walkable and safe with all of these new developments!

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1 hour ago, BeerNut said:

@mls1202 https://imgur.com is where I upload my pictures then link to here.

 

@mls1202

 

was just about to recommend that. Don't attach, just link. When posting a photo from imgur, when you click on the photo 2nd from the bottom you will see "BBCode". Just paste that into the post and when you post the image will appear.

Great photos by the way!

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3 hours ago, mls1202 said:

I toured one of their largest floor plans, a 2B2B (I don’t recall which floor). This is the shot out of the living room/kitchen space with a nice view of the pool. Overall I was pleasantly surprised with the fit and finish of the property, although some of the built in shelves in the bedroom were definitely of the apartment variety. I might have expected more for >$4500 a month, but I think this is common in all the high end rentals. Ok post some additional pics once I figure how to get around this 10mb limit on uploads. 

39FC1CD8-159A-478C-AABC-2A4B2B5C55B1.jpeg

More shots from my tour of a 2B2B. The rest are of the community areas. 

F81684EF-1D50-46E5-B193-D26B3B266537.jpeg

B91CF19D-8758-4E95-8821-2E53B20C8E17.jpeg

3791C807-D2E4-4E62-8E36-3A21B4B35532.jpeg

E58D276D-616E-49BA-B4CC-6C2C5A2A2FF8.jpeg

I don't get the 4500.00 a month vibe either maybe 3500.00. 😁

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32 minutes ago, htownbro said:

I don't get the 4500.00 a month vibe either maybe 3500.00. 😁

 

Maybe 4500 is in Australian Dollars? 

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Quote

Derrek Larouax --Caydon USA

"The Metro light rail offered us an opportunity to provide a lifestyle offering that is not vehicle centric"

 

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Posted (edited)

A commercial realtor took a hard hat tour of the residences at Drewery Place last week. This is part of  Laneways Midtown by Caydon,  2850 Fannin in Houston.


From Instagram:

xEqnPgu.jpg


6yg4xyl.jpg


sPwQe59.jpg


NEvjeAB.jpg




 

Edited by CrockpotandGravel
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Last week, commercial realtor Littwitz took a hard hat tour of the vacant corner restaurant space at Drewery Place for a client. Their clients include B&B Butchers, The Union Kitchen, El Tiempo and others.

The vacant space was previously leased to the Flying Biscuit Cafe. Looking at the square footage of the unit and other tenants signed on, my guess is Littwitz toured the space for a potential broker deal for The Union Kitchen. I could be wrong. I don't know of other parties interested in leasing the space. 

Drewery Place is part of Laneways Midtown by Caydon,  2850 Fannin in Houston.


From Instagram last week:


A8Lu0VQ.jpg


Qr3CTet.jpg

https://www.instagram.com/p/Bz1PrvWg3C0/
 

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I pray for a BB Lemon (love that version of BB) but also an El Tiempo. An El Tiempo in that part of town would  flamethrower GIF  the competition. 

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1 hour ago, X.R. said:

I pray for a BB Lemon (love that version of BB) but also an El Tiempo. An El Tiempo in that part of town would    the competition. 

 

There's an El Tiempo less than a mile away on Westheimer...   Probably need to walk after gorging yourself on Tex-Mex.

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