skooljunkie

The Allen: Allen Pkwy/Gillette Mixed Use 6 acres

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Visitor    156
11 minutes ago, skooljunkie said:

 

Was just talking about this site the other day.  Would hope they take the buffalo bayou foot traffic into consideration in the design. There is almost nothing walkable from the bayou in terms of food/beverage.

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Urbannizer    33,406

HBJ has more details:

 

http://www.bizjournals.com/houston/news/2016/06/22/mixed-use-development-slated-for-site-near-buffalo.html

 

Roberto Contreras, president and CEO of Houston-based DC Partners, told the Houston Business Journal he plans to start an approximately $500 million mixed-use development at the southeast corner of Allen Parkway and Gillette Street in early 2018. The 6.01-acre project is expected to feature a luxury hotel, housing, shops and an office tower. Gensler designed the overall master plan layout for the site.

 

The company, along with Tianqing Real Estate Development LLC, bought the property from HTX Real Estate Partners in a deal that closed in May. Contreras said he could not disclose the cost of the deal.

Contreras said the luxury hotel, the first phase of the project, would have about 150 to 180 rooms and would open around 2020.

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EllenOlenska    640

And my dream of the west-facing view of Downtown getting a little less monolithic and a little more three dimensional is nudged closer to reality. 

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Triton    9,105
25 minutes ago, terra002 said:

That would be great. Maybe then we can get rid of Allen Parkway Villages. 

I'll let Houston19514 correct me here, but that can't be torn down because they fought to make them historic. I believe the central buildings are from the mid-1940s. I have a feeling those will be there for a while.

 

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Nucleareaction    114

My fantasy, along the lines of this project, is something happening to the site at Montrose & Allen Parkway. If the Khan Foundation ever gives it up, I'd love to see a multi-purpose mall/residence/office space there. Tiers of restaurants facing the Bayou, sidewalk access, etc. At least this prime plot is getting the project it deserves!

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I count between 35 to 45 stories for both. That is substantial height for Neartown. I'm excited for this and the developer mentioned two more towers that aren't in the rendering for the future after phase 1.

Edited by Sellanious Caesar
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4 hours ago, terra002 said:

That's a shame...

 

Hey, it's a good selling feature for those who'll be interested in a condo here! Views of Downtown that will never be obstructed.

 

I love how they've placed so much on 6 acres, utilizing the plot very well. This is how you do a mixed-use development.

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H-TownChris2    1,874
2 hours ago, Urbannizer said:

Resized for a better look:

 

28943847030_d386e78eb5_o.jpg

Is it me or do the buildings look like they were created in minecraft but with a texture/resource pack? 

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I was just thinking last week that it would be great if Neartown's skyline doubled in size. 

 

Then today we find out about this!! 

 

* Neartown is the neighborhood west of DT on Allen Parkway. It's anchored by the cluster of office and condo buildings with the AIG building in the middle of it. It's the tall building with the flag pole and US flag on it and the surrounding skyscrapers and high rises. 

 

Also I look forward to the day when Upper Kirby and Neartown converge. Upper Kirby and Greenway Plaza already have converged. 

Edited by Sellanious Caesar
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CrockpotandGravel    4,336

So I guess I posted this in the wrong thread and it should go here:

On 8/17/2016 at 11:59 AM, CrockpotandGravel said:

The luxury residential apartments could be called The Allen. A trademark was filed this month for the name from DC Partners under DCP Tian Qing Land Partners, LLC.

 

On 8/17/2016 at 1:21 PM, CrockpotandGravel said:


Country records show the purchased that property in May. The company name listed on county records for this, matches the name used for the trademark filing.

 


 


And yes @Urbannizer I saw your post that you edited yesterday by changing your original text that DC Partners wasn't involved to the following:

"

Trademark likely related to this. DC Partners is not involved with Regent Square.


"
Because that wasn't what you posted originally until more information on this project came up yesterday.


Thanks for directing me to the right thread.

 

Edited by CrockpotandGravel
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Luminare    1,570

Jaw literally came off this morning! Fantastic news! True signs that Houston has defeated the Boom Bust cycle. Our city is growing up everyone. Enjoy.

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Urbannizer    33,406

@CrockpotandGravel ??? I'm not sure I understand what you're getting at because that's what I posted originally in that thread, with a redirect link. You even quoted me the same day I made the comment.

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wilcal    201

dua1qzy.png

Is this going into that lot at Dunlavy maybe?

http://www.chinadaily.com.cn/m/gansu/2016-08/22/content_26559908.htm


"Tianqing RED, as the major stakeholder, is partnering with Houston developer DC Partners on the project. The master plan will be designed by Gensler, which designed China's tallest building, the Shanghai Tower."
 

"A total of $500 million will be invested in the project. The planned first phase includes a luxury hotel of 150-180 rooms and a high-rise condo. Construction is expected to start by the end of 2017 or early 2018. Another high-rise condo, a class-A office building and possibly a luxury senior-living building will be built later.

Upon completion, there will be two condo towers with a total of 180 units along with the hotel, an office building and ground-level retail spaces. The project aims to become a new landmark in Houston."

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wilcal    201

Weird that there is a different developer now! I searched Jianqing and nothing came up :/

 

Thanks though

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Luminare    1,570
19 hours ago, jgriff said:

Isn't $500 mil a little lite for a project like this? Sounds like they are going cheap.

 

No. This is pretty good pricing for a project like this. I've been on projects for large high schools that price at $145 mil. and they are enormous. They were also masonry. From the renderings it looks like they are going with much better and much cheaper contemporary materials. The scope seems like something that would be at around $500 mil.

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monarch    2,928

^^^ i do not believe that the above illustrations are set in stone.  i believe that GENSLER is currently working on the ACTUAL renderings to be revealed at a later date.  i am almost certain that all provided illustrations are nothing but concepts.....

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Texasota    983

Renderings are never set in stone. These do appear to have been done by Gensler though and may very well represent the current design. I would not be at all surprised if that design changes, but these appear at least to have been done for this site specifically rather than showing generic fancy glass towers for purely conceptual purposes.

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swtsig    2,326
19 hours ago, Luminare said:

 

No. This is pretty good pricing for a project like this. I've been on projects for large high schools that price at $145 mil. and they are enormous. They were also masonry. From the renderings it looks like they are going with much better and much cheaper contemporary materials. The scope seems like something that would be at around $500 mil.

 

I think $500m might be a little on the low side for what's shown but probably not too far off. i'm not privy to a lot of estimating but ground up construction for class A+ office is probably in the $500/rsf vicinity, condo/mf maybe $200-$250/sf (not as certain) - excluding land costs. I think you could definitely get 2 high rise residential and a 10-12 story office for $500m, a 4th tower is probably stretching it.

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CrockpotandGravel    4,336
15 hours ago, swtsig said:

it sounds like this development will have a hotel but allen center (ie Brookfield) is also under contract to buy the doubletree. it will undergo a massive renovation/rebranding to a more high end, boutique concept.


Thanks. Someone already cleared that up for me a few days ago in the thread about the Allen Center renovations.

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KinkaidAlum    2,258

I've stayed at the Beekman in Manhattan. Nice place. Just looking at their "new" builds in Toronto, Nashville, and Seattle and it seems like we might get a decent place. They all look clean, modern, and glassy on the exterior with fun interiors. I'm hoping they don't get carried away with a Texas-design theme though!

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On 8/26/2016 at 4:23 PM, Luminare said:

 

No. This is pretty good pricing for a project like this. I've been on projects for large high schools that price at $145 mil. and they are enormous. They were also masonry. From the renderings it looks like they are going with much better and much cheaper contemporary materials. The scope seems like something that would be at around $500 mil.

You need to look at the whole market. Softening conditions might make it close to that. Especially, since it does not look like they are going underground for parking!

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Urbannizer    33,406

Bit more details from chron:

 

http://www.houstonchronicle.com/business/real-estate/article/Boutique-Thompson-hotel-planned-near-downtown-10884414.php#photo-12255687

 

Architecture firm HOK is working on the design for Thompson Houston. The hotel is expected to have 180 rooms and a restaurant connected to a local chef.



 

"We like to bring locally relevant chefs and restaurateurs into the experience so we bring in a lot of the local community and hotel guests feel more connected to Houston," Leondakis said.

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wxman    524

I work one block from this site and it does NOT look like it could house the opulent and expansive idea of several high rise towers. I may be wrong. I was about the Titan.

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jmitch94    855
29 minutes ago, wxman said:

I work one block from this site and it does NOT look like it could house the opulent and expansive idea of several high rise towers. I may be wrong. I was about the Titan.

 

That's how I felt about the Astoria when it was announced. It can be surprising how much can fit on a plot of land. 

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iah77    57
9 hours ago, jmitch94 said:

 

That's how I felt about the Astoria when it was announced. It can be surprising how much can fit on a plot of land. 

 

Maybe he's referencing the fact it's a small plot sandwiched between a federal fortress and a very ugly low rise public housing project wasting away on prime land lol :)  The view from the lower floors is going to suck.

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