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Medistar to Develop 48-story Innovation Tower in the Texas Medical Center

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16 minutes ago, AREJAY said:

Details from the paywall article:
 

  • roughly 25 story
  • right across the street from the dual hotel-multifamily development the company is currently building (Latitude @ 6750 main)
  • skybridge to Latitude 
  • break ground in Q2-Q3 2018
  • in talks with several healthcare systems, both local and out-of-town to occupy tower
  • retail and restaurant on ground floor 

 

More height in the TMC!  

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5 minutes ago, Triton said:

This will replace the Best Western?

Correct.

 

"The project will take two years to build, Hourani said. It'll sit at the site of the Best Western at 6700 Main St., which Medistar bought around 2006 or so, Hourani said. Medistar will demolish the hotel in the second or third quarter of 2018; the construction will coincide with the tower's groundbreaking."

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35 minutes ago, Twinsanity02 said:

Knew the parking lot had a limited future but that was fast. TMC is an awe inspiring place. It grows by leaps and bounds.

 

Almost like Post Oak/San Felipe!

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Office floor to ceiling heights are almost universally taller than residential. Love they height but the massing of the overall development looks a bit crazy. 

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Houston is somewhat eccentric. I do not mean that as a put down or to suggest our city puts on "weird" airs of attempted hipness like other cities.  It just is a tough city to label and its layout reflects it.

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This is the site that the construction foreman for Latitude said was going to be a sixty story tower.

I guess he was right about the site getting developed but not the height.

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7 hours ago, bobruss said:

This is the site that the construction foreman for Latitude said was going to be a sixty story tower.

I guess he was right about the site getting developed but not the height.

Do they own the surface lot next door?

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10 hours ago, CrockpotandGravel said:

Another rendering of Medistar's New Medical Tower,  located at 6700 Main Street, the home of the old Best Western hotel in the Texas Medical Center. From the press release:

2bhl5qa.jpg



And the site of Medistar's New Medical Tower at Texas Medical Center
NgVjw52.jpg


https://www.prnewswire.com/news-releases/medistar-announces-development-of-major-medical-tower-at-texas-medical-center-300559059.html

 

There goes their view of downtown but I like the density!

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A 33 story office tower has the potential to become the tallest building in the med center (not including the multiple spired buildings. This thing should be in the 500 foot-to-the-roof range). 

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On 11/17/2017 at 9:01 PM, KinkaidAlum said:

Office floor to ceiling heights are almost universally taller than residential. Love they height but the massing of the overall development looks a bit crazy. 

 

What is crazy-looking about the massing of this development?

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Having high end hotel and apartment windows 10-15 feet away from office windows. Living in a fishbowl. Not for me. Also, the office tower is going to wipe out northern views... which happen to be TMC/Hermann/Downtown views. Most people who rent top floors a pay premiums tend to do so for the view. In my ideal world, I'd have put the office tower on the Southern lot. Just seems counter-intuitive to build it this way. 

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8 hours ago, Urbannizer said:

I agree and it looks connected. I was just remembering a job foreman for the Latitude telling me they were

going to tear down the best western after the Lat. project and build a 66 story tower. They obviously are designed as a group,

and the transition from Latitude to the office tower is very well done. I guess the side street is going to be part of the transition.

I wish he had been right about the number of floors.

As KincaidAlum said this should be very close to the tallest in the Med center.

If you haven't driven east on Holcombe or Braeswood from Buffalo speedway its a nice view and definitely adds height and scale to the southern end of TMC.

Thats something that gets overlooked sometimes in these discussions. Its not just the height of a building but what it does to the skyline. The infill that adds texture, layering,  density ,

while creating so many interesting juxtapositions.

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3 minutes ago, CrockpotandGravel said:

From Houston Business Journal this morning:
 

Medistar's planned 550,000-square-foot health care tower in the Texas Medical Center may undergo some design changes.
 

For now, the building's 25 floor-plates will each contain 25,000 square feet of space. But Medistar officials are mulling reducing the number of floors and instead widening each floor-plate to contain between 32,000 square feet to 35,000 square feet of space. Once the building's design is finalized by the end of 2017, it could contain 20 or 21 floors.
 

Luckily, there's plenty of room to expand the hotel, said Medistar CEO Monzer Hourani. The street-facing curvature of the building might also be straightened out in the redesign. The new design would better cater to the needs of doctors and health care users, Hourani said.

https://www.bizjournals.com/houston/news/2017/11/21/medistar-mulls-design-changes-to-its-550-000-sf.html

 

20 to 21 floors?  ughhh.  Well, I'm sure blocking the northern view had something to do with it...

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The rendering shows 25ish floors on top of an 8 floor parking garage over GFR. I'd assume the 20-21 floors is atop of the 9 floor podium, right? 

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They need to put out a new rendering then because this one show roughly 33 floors. Mas o Menos!

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I know there is an existing forum for the Medistar office project, but Wow.  This would have a huge impact.

 

 

Houston-based Medistar Corp. is expected to begin construction on its next tower in the Texas Medical Center area around the end of the third quarter of 2019, according to a press release from Houston-based Transwestern.

Transwestern Executive Vice President Justin Brasell and Senior Vice President Lisa Bovermann are handling health care leasing for the project, dubbed Innovation Tower, per the release. 

Plans for the medical tower first emerged in November 2017. However, as expected, much has changed since then.

Phase 1 of Innovation Tower will contain 476,500 square feet of medical and life science office space above a 1,700-vehicle parking garage, per the release. There will also be retail space and a penthouse-level restaurant and lounge. The building is outside the bounds of the Texas Medical Center, which restricts for-profit businesses from operating in nonprofit hospital complexes, Medistar CEO Monzer Hourani told the Houston Business Journal in 2017.

The development of Innovation Tower's second phase will depend on market demands. Phase 2 could include 410 luxury high-rise residential units or additional medical, biomedical and life science office space, per the Transwestern release. 

Eventually, the tower is expected to be 48 stories and 1.6 million square feet, per the release. 

Innovation Tower will be built at 6700 Main St., the site of a SureStay Plus Hotel by Best Western that Medistar bought around 2006 or so, Hourani told HBJ previously. The tower will be connected via a skybridge to Medistar's joint hotel-multifamily development across the street. The Intercontinental Houston Medical Center at 6750 Main St. opened earlier this year, and the attached Greystar apartment development, dubbed Latitude Med Center, at 1850 Old Main St. welcomed its first residents last summer

“Once completed, Innovation Tower will be the first Class AA tower in the Texas Medical Center offering world-class building amenities to create a distinct live/work/play environment,” Transwestern’s Brasell said in the release. “Innovation Tower will be an iconic building and great complement to the Texas Medical Center."

Information about the architecture firm and general contractor were not immediately available.

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I am not sure if I have read this correctly... Are there phases to the tower? Will the 48 story tower break ground this fall?

 

innovationtower.jpg

Edited by Avossos
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29 minutes ago, Triton said:

Edit: Or just edit and add the rendering in before my post....? Ok....

 

Chill. I fat fingered the img tag and fixed it a couple seconds later.

Take my internet likes, I don't care. 

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11 minutes ago, AREJAY said:

 

Chill. I fat fingered the img tag and fixed it a couple seconds later.

Take my internet likes, I don't care. 

Oh ok, no worries. Just one second there was only the rendering I posted and then two so it was really confusing at first. 

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1 hour ago, Avossos said:

I am not sure if I have read this correctly... Are there phases to the tower? Will the 48 story tower break ground this fall?

My interpretation of the article in the HBJ is that the initial phase will not be 48 floors, and it sounds like they will add height as market conditions warrant, which of course could be never.

 

Quote

Phase 1 of Innovation Tower will contain 476,500 square feet of medical and life science office space above a 1,700-vehicle parking garage, per the release.
...
The development of Innovation Tower's second phase will depend on market demands. Phase 2 could include 410 luxury high-rise residential units or additional medical, biomedical and life science office space, per the Transwestern release.
...
Eventually, the tower is expected to be 48 stories and 1.6 million square feet, per the release.

 

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The initial phase is open. Its the hotel and high rise apartments and these images are of  phase two, which was

promised when they were breaking ground for phase one.

This is huge!

Edited by bobruss
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Just now, bobruss said:

The initial phase is open. Its the hotel and high rise apartments and this images are of the phase two which was

promised when they were breaking ground for phase one.

This is huge!

 

but that's not what they're referring to when they say phase I and II. The initial phase of the development was the hotel and apt tower. Phase I as they are referring to it  here is for a 500,000 SF medical office on top of 1700 parking spaces. Depending on floor plates that's about 19-20 stories of office on top of another 6-8 stories of garage plus a floor of retail. Due to the balconies you can see quite clearly that the residential high-rise units are situated above the office component. 

 

My guess is they'll wait to see how their office leasing velocity is during pre-development while at the same time gauging the multifamily or condo market and make a determination from there. if they think they can lease 1M SF of office or actually get the preleasing they'll build more office and less residential. 

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I assume the office is the big chunk and they'll build the apartments on top (skinny chunk)? 

Edited by kdog08
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2 hours ago, swtsig said:

 

but that's not what they're referring to when they say phase I and II. The initial phase of the development was the hotel and apt tower. Phase I as they are referring to it  here is for a 500,000 SF medical office on top of 1700 parking spaces. Depending on floor plates that's about 19-20 stories of office on top of another 6-8 stories of garage plus a floor of retail. Due to the balconies you can see quite clearly that the residential high-rise units are situated above the office component. 

 

My guess is they'll wait to see how their office leasing velocity is during pre-development while at the same time gauging the multifamily or condo market and make a determination from there. if they think they can lease 1M SF of office or actually get the preleasing they'll build more office and less residential. 

I wouldn't argue with you. My original info was from the foreman on the original building. I stopped by just before they started digging in the ground, and when I asked he elaborated.

He was the one who told me about a 60 + story in the plans.

Always appreciate your insight! 

Edited by bobruss
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1.6 million square feet in a 48 story building. 609 Main is 48 stories and has just over 1.07 million square feet. The base  must have a large volume for this building

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43 minutes ago, Twinsanity02 said:

1.6 million square feet in a 48 story building. 609 Main is 48 stories and has just over 1.07 million square feet. The base  must have a large volume for this building

The base looks thicc in the rendering.

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1 hour ago, jmitch94 said:

Beautiful tower but I got my eye on that first generation Lamborghini Murcielago 😍

I think there’s an Aston Martin begins it...and a minivan heading the other way.  Odd mix, lol.

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46 minutes ago, houstontexasjack said:

I think there’s an Aston Martin begins it...and a minivan heading the other way.  Odd mix, lol.

 

Soccer mom heading home after taking her kids to the Houston zoo.

 

Fancy cars being driven by rich surgeons.

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