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brijonmang

The Preston (Block 42) Residential High-Rise: 46-stories

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On ‎8‎/‎2‎/‎2018 at 10:16 AM, brijonmang said:

I don't have the specifics for the height, floors, architect, etc. but here's what she's going to look like... I believe this is the view of the north side of the building that will face Market Square.  This is based on the other renderings of the Chronicle site building.

 

Block 42:

 

AF14B151-21DF-460A-98CB-D6D32A68CF59.png

 

Wonder what happened to the glass on the lower floors. Makes a substantial difference.

 

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12 minutes ago, kbates2 said:

Yeah looks like this has been value engineered down quite a bit.

 

how so? other than replacing glass with stone on the base it looks identical. i would've been much more concerned had they reduced the glass curtain wall in the highrise section and/or altered the unique curvature in the design. 

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11' shy of Museum Tower in Dallas, but about a generation more advanced in terms of urbanism and making use of the site. I'm not sure if any building in Texas has built so high on such a small site.

 

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10 minutes ago, swtsig said:

 

how so? other than replacing glass with stone on the base it looks identical. i would've been much more concerned had they reduced the glass curtain wall in the highrise section and/or altered the unique curvature in the design. 

 

I agree with you. Then again the other guys reaction was a bit hyperbolic.

 

This update is better. Its more honest and I think will help accentuate the curve more than glass will. 

 

The design of this building is going to make the tower next door look extremely dated and silly.

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I guess maybe "quite a bit" was aggressive.  The base looks altered as well as the North facing facade.  The crown looks a bit shorter and the cut-out on the south-side looks less steep.

Block 42 1 - 08_2018.PNG

I still like the rendering a lot.

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I guess I’m going to have to find a new vantage point for my pics. Took many a bike trips up that garage.:lol:

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Anyone comparing this to RD is laughable. A Hines structure, no matter how modest, could never achieve the cheapness RD does on 610 (heading south before 59).

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Hines is Mercedes, well build not overly flashy but very handsome. RD is Maserati, very flashy with terrible build quality and in the end is just a very expensive Chrysler.  

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10 hours ago, Montrose1100 said:

Anyone comparing this to RD is laughable. A Hines structure, no matter how modest, could never achieve the cheapness RD does on 610 (heading south before 59).

 

I meant the change in the podium only. Hines and Hanover always build great stuff.

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https://www.bizjournals.com/houston/news/2019/01/24/hines-planning-46-story-apartment-tower-in.html

Quote

A filing for the residential project named Block 42 Multifamily Project at 414 Milam on the state’s licensing and regulation website describes it as a “46-story, 373-unit multifamily building with integral garage and amenity spaces.” The filing lists an estimated construction start date of Dec. 1, 2018, with an Aug. 1, 2021, estimated completion.

 

The state filing for the Block 42 multifamily project lists Houston-based House+Partners as the design firm.

A spokesman from Hines declined to comment at this time.

 

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59 minutes ago, ttuchris said:

According to HBJ, this is a go, late 2021 completion.  

 

Wreck 'em

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1 hour ago, LBC2HTX said:

 

I'm wondering if they mean House+Partners is the "Architect of Record". The actual design itself was by Munoz+Albin, right? Would be consistent with Munoz+Albin's past projects since they normally finish their commitment after Design Development and then hand it off to another firm to do Construction Documents. Could be wrong though.

Edited by Luminare
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32 minutes ago, Luminare said:

 

I'm wondering if they mean House+Partners is the "Architect of Record". The actual design itself was by Munoz+Albin, right? Would be consistent with Munoz+Albin's past projects since they normally finish their commitment after Design Development and then hand it off to another firm to do Construction Documents. Could be wrong though.

No you're right.

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It says next to the one currently getting built. So what lot are they referring to that’s next to this project?

Edited by j_cuevas713
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51 minutes ago, jmitch94 said:

Before construction begins. 

 

ANyiWJS.jpgUHxSx4Y.jpg

 

Doesnt seem close to starting since cars are still parking here.

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39 minutes ago, Luminare said:

So would the "International Tower" site be where the trailers would go?

Could they piggy back with the trailers for Block 58?

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4 hours ago, jmitch94 said:

Before construction begins. 

 

ANyiWJS.jpgUHxSx4Y.jpg

To paraphrase part Oliver Cromwell's speech to the rump parliament: It is high time  to put an end to your sitting in this place,
which you have dishonored by your ugliness and defiled by your practice.  Go! Begone!

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15 hours ago, Twinsanity02 said:

To paraphrase part Oliver Cromwell's speech to the rump parliament: It is high time  to put an end to your sitting in this place,
which you have dishonored by your ugliness and defiled by your practice.  Go! Begone!

 

Ha...Never thought I'd read an Oliver Cromwell quote in a downtown Houston thread...

Now NYC..that would make sense since he had the Duke of York's  father beheaded. Yes, that Duke of York that named NYC after himself.

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On 8/7/2018 at 12:15 PM, downtownian said:

This looks like it should be a condo building and not rentals. Can anyone confirm?

apartments starting at 3900.00 a month.  

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23 minutes ago, htownbro said:

apartments starting at 3900.00 a month.  

 

Not quite starting at $3,900.  "Units will range from 580 to 2,927 square feet, with the average size unit renting for around $3,900 per month."

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The Preston. Sounds like it should wear a sweater vest. I do like the use of street names though. I think this will be our generation's Huntington, where the Gordon Gekkos of Houston will live.

Edited by H-Town Man
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Just curious, what are the type of people who get these units? Are these people that usually move around the country that prefer not to buy a home and want a downtown view? I mean, I'm trying to figure out the math... at $3900 a month, why not just pay a mortgage and own a home?

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29 minutes ago, Triton said:

Just curious, what are the type of people who get these units? Are these people that usually move around the country that prefer not to buy a home and want a downtown view? I mean, I'm trying to figure out the math... at $3900 a month, why not just pay a mortgage and own a home?

People that choose to pay that much in rent are those for which $3,900 would not get them a home that they'd want to live in. They'd want to live ITL so you're at a minimum spending 700k for anything they'd even consider. Putting 20% on a $700k house would be $2,670 (4% interest) + property taxes puts you at $4k a month. Believe it or not, the people that pay that much in rent are those that are waiting to buy (or just downsized) a home that's more expensive than 700k. 

Edited by LBC2HTX
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35 minutes ago, Triton said:

Just curious, what are the type of people who get these units? Are these people that usually move around the country that prefer not to buy a home and want a downtown view? I mean, I'm trying to figure out the math... at $3900 a month, why not just pay a mortgage and own a home?

 

Many people don't want to live in a house and would rather live in a high-rise.  And many people would rather not tie up so much capital in something as illiquid as a house, especially if they don't want to live in the same area for more than 5 years.

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40 minutes ago, Triton said:

Just curious, what are the type of people who get these units? Are these people that usually move around the country that prefer not to buy a home and want a downtown view? I mean, I'm trying to figure out the math... at $3900 a month, why not just pay a mortgage and own a home?

People who don’t want the hassle of maintaining a home and prefer the lock and leave lifestyle. I know some people that sold their primary residence and rent a high rise unit - they spend a lot of time at their second home in Colorado and don’t need a large single family house anymore since their kids are grown.  They are in Houston about half the year. 

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6 hours ago, rechlin said:

 

Many people don't want to live in a house and would rather live in a high-rise.  And many people would rather not tie up so much capital in something as illiquid as a house, especially if they don't want to live in the same area for more than 5 years.

 

When Triton wrote "home," he may also have meant a condo. Of course, condo options downtown are pretty limited and not this nice.

 

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Quote
Jorge Munoz, Principal, Munoz + Albin Architecture and Planning as Houston-based Hines is announced its newest downtown residential tower, which will be developed on the former Chronicle garage site at Prairie and Milam Streets, Friday, Feb. 1, 2019, in Houston.
 

Photo: Karen Warren, Staff Photographer

M3CpOro.jpg

 

https://www.chron.com/business/real-estate/article/Hines-reveals-designs-for-downtown-apartment-tower-13581222.php#photo-16861603

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So will this be Houston's tallest residential building when it's done?  Current tallest is 2929 Weslayan at 40 floors / 533 feet. 

 

Edited by HtownWxBoy

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1 hour ago, HtownWxBoy said:

So will this be Houston's tallest residential building when it's done?  Current tallest is 2929 Weslayan at 40 floors / 533 feet. 

 

 

Pretty sure the Huntingdon (503 feet) still reigns as the tallest residential building in Houston.

 

Second place is One Park Place (501 feet)

 

Third place is Market Square Tower (498 feet).

 

I believe 2929 Weslayan at 468 feet is currently the fourth  tallest residential building in Houston.

 

I suspect The Preston will be at least the 2nd tallest residential in Houston, very possibly the tallest

Edited by Houston19514
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36 minutes ago, Twinsanity02 said:

Emporis list this at 549 feet. Do not know how accurate their data is.

 

If true that would make it our tallest residential building when complete... about the same height as Downtown's Wedge International Tower. 

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14 minutes ago, MarathonMan said:

2929 Weslayan is 533’

The Huntingdon is 503’

 

Source?  (Emporis had it at 468 feet)

 

34 minutes ago, wxman said:

I think One Park Place is #2 at 501 feet. 

 

You are correct.  I overlooked One Park Place.  Edited my post to correct.

Edited by Houston19514

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Interesting...  CTBUH shows the following:

 

1. 2929 Weslayan. 533'

2. The Huntington [sic]. 503'

3.  Market Square Tower 502'

4.  One Park Place.  501'

  

I'm a little skeptical of CTBUH's 533' for 2929.  I doubt it is taller  than Market Square Tower.  Market Square Tower has more floors. Emporis's 468' seems more likely. 

 

Edit:  after further research, I discovered that according to the FAA filling made by the builders, the final height of 2929  is 468'   https://oeaaa.faa.gov/oeaaa/external/public/publicAction.jsp?action=showDashTwoForm&suppCaseNoticeID=258539117

 

1. The Huntingdon. 503'

2. Market Square Tower 502'

3. One Park Place 501'

4. 2929 Weslayan. 468'. It looks like the incorrect 533' is a leftover from an earlier "estimate" posted on Emporis.

Edited by Houston19514
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