Highrise Tower Posted January 1, 2020 Share Posted January 1, 2020 https://www.loopnet.com/Listing/2001-Hermann-Dr-Houston-TX/17867277/ Quote ± 3.39 acres on Hermann Drive fronting Hermann Park, 2 blocks west of SH 288. This investment opportunity offers best use of mixed-use, condominiums, multi-family and office development. 6 Quote Link to comment Share on other sites More sharing options...
houstontexasjack Posted January 9, 2020 Share Posted January 9, 2020 I’ve heard through the grapevine that Marvy Finger is interested in this site. 3 Quote Link to comment Share on other sites More sharing options...
Highrise Tower Posted January 26, 2020 Author Share Posted January 26, 2020 Add in January's RedNews RE Journal. 3 Quote Link to comment Share on other sites More sharing options...
Highrise Tower Posted February 25, 2020 Author Share Posted February 25, 2020 Loopnet is listing this as under contract. https://www.loopnet.com/Listing/2001-Hermann-Dr-Houston-TX/17867277/ 3 Quote Link to comment Share on other sites More sharing options...
houstontexasjack Posted September 6, 2021 Share Posted September 6, 2021 This one is back under contract. 3 Quote Link to comment Share on other sites More sharing options...
sailor Posted October 20, 2021 Share Posted October 20, 2021 336E Track Hoe has arrived at Hermann Dr Surgical Center, 2001 Hermann. Soon, Walls will be tumbling down. Wonder what is next for the 3+ acre tract. Great location. 6 Quote Link to comment Share on other sites More sharing options...
houstontexasjack Posted October 30, 2021 Share Posted October 30, 2021 On 10/20/2021 at 9:42 AM, sailor said: 336E Track Hoe has arrived at Hermann Dr Surgical Center, 2001 Hermann. Soon, Walls will be tumbling down. Wonder what is next for the 3+ acre tract. Great location. It was under contract in early September, then listed as not under contract, then appeared to be back under contract again today. 2 Quote Link to comment Share on other sites More sharing options...
wilcal Posted October 30, 2021 Share Posted October 30, 2021 Cmooooooon tower! 6 Quote Link to comment Share on other sites More sharing options...
houstontexasjack Posted November 1, 2021 Share Posted November 1, 2021 Down it goes! I also spied fresh survey stakes by the site. 2 Quote Link to comment Share on other sites More sharing options...
sailor Posted November 1, 2021 Share Posted November 1, 2021 Notice how tidy and safely the demo is going. Metal is being stacked and bricks are being saved. 6 Quote Link to comment Share on other sites More sharing options...
ChannelTwoNews Posted November 12, 2021 Share Posted November 12, 2021 On 10/30/2021 at 9:54 AM, wilcal said: Cmooooooon tower! There are worse views to be had... These pics are from the building's active profile on loopnet. 4 Quote Link to comment Share on other sites More sharing options...
HoustonMidtown Posted December 3, 2021 Share Posted December 3, 2021 (Please merge if this should go in another thread, I couldn't find this address in another post) 5 Quote Link to comment Share on other sites More sharing options...
sailor Posted December 9, 2021 Share Posted December 9, 2021 2001 Hermann Medical Building is nearly gone. The Track Hoe operators have been separating everything that can be reused; bricks, stainless steel, galvanized pipe etc. Hoping that it will become a Dog Park, LOL. Or restaurant. What other suggestions ? 4 Quote Link to comment Share on other sites More sharing options...
Texasota Posted December 9, 2021 Share Posted December 9, 2021 waaaaay too much land for "a" restaurant. Have to assume this will be apartments - hopefully mixed use - but how tall? 7 stories? 18? 4 Quote Link to comment Share on other sites More sharing options...
Popular Post J Money Posted December 9, 2021 Popular Post Share Posted December 9, 2021 Fingers crossed for a gas station or self storage facility 2 9 Quote Link to comment Share on other sites More sharing options...
houstontexasjack Posted December 17, 2021 Share Posted December 17, 2021 Pretty deep hole with the demolition: 4 Quote Link to comment Share on other sites More sharing options...
sailor Posted January 3, 2022 Share Posted January 3, 2022 The 2001 Hermann Dr Medical Building demolition was completed December 30 2021. The contractors did a fantastic job with no injuries. Looking forward to the next use of the property. 7 Quote Link to comment Share on other sites More sharing options...
cranky Posted January 19, 2022 Share Posted January 19, 2022 According to a resident at Parklane Condo Tower, this will be a Hines apartment complex. 8 1 Quote Link to comment Share on other sites More sharing options...
houstontexasjack Posted February 11, 2022 Share Posted February 11, 2022 I found a Memorandum of Purchase Contract. Looks like an entity affiliated with Related Companies put this under contract: Here’s a link to some of their residential projects: https://www.related.com/residential 4 Quote Link to comment Share on other sites More sharing options...
hindesky Posted February 11, 2022 Share Posted February 11, 2022 He is also the owner of the NFL Miami Dolphins, developed the Hudson Yards in New York and many others. Does he have anything in Houston? https://www.related.com/our-company/leadership/stephen-m-ross 4 Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted February 11, 2022 Share Posted February 11, 2022 (edited) 14 hours ago, houstontexasjack said: I found a Memorandum of Purchase Contract. Looks like an entity affiliated with Related Companies put this under contract Here’s a link to some of their residential projects: https://www.related.com/residential Just curious - where are you seeing the connection to Related Companies? Never mind, I found the connection in RD Investment Properties' filings. Very cool. Related Companies does some nice work. Happy to see them coming to Houston. Edited February 11, 2022 by Houston19514 2 Quote Link to comment Share on other sites More sharing options...
BigFootsSocks Posted February 11, 2022 Share Posted February 11, 2022 15 hours ago, hindesky said: He is also the owner of the NFL Miami Dolphins, developed the Hudson Yards in New York and many others. Does he have anything in Houston? https://www.related.com/our-company/leadership/stephen-m-ross He will be unless the losing allegations are proven true... 1 Quote Link to comment Share on other sites More sharing options...
hindesky Posted February 11, 2022 Share Posted February 11, 2022 2 hours ago, BigFootsSocks said: He will be unless the losing allegations are proven true... If the NFL can't/won't get rid of Dan Snyder for all the sexual harassment he has fostered in Washington, I doubt they will do anything with Ross. 4 Quote Link to comment Share on other sites More sharing options...
houstontexasjack Posted February 11, 2022 Share Posted February 11, 2022 Looks like Related closed on the property under a new entity called “RD Hermann, LLC”: 5 Quote Link to comment Share on other sites More sharing options...
houstontexasjack Posted February 11, 2022 Share Posted February 11, 2022 @Urbannizer - Can we change the thread title to “Related Companies Acquires 3 Acres at 2001 Hermann Dr?” 1 Quote Link to comment Share on other sites More sharing options...
SMU1213 Posted February 14, 2022 Share Posted February 14, 2022 I'm pretty sure that Related Group is the one buying the site, not Related Companies. Related Companies isn't looking in Texas to my knowledge. 1 Quote Link to comment Share on other sites More sharing options...
H-Town Man Posted February 14, 2022 Share Posted February 14, 2022 1 minute ago, SMU1213 said: I'm pretty sure that Related Group is the one buying the site, not Related Companies. Related Companies isn't looking in Texas to my knowledge. You're saying the two entities are unrelated? 2 Quote Link to comment Share on other sites More sharing options...
SMU1213 Posted February 14, 2022 Share Posted February 14, 2022 11 minutes ago, H-Town Man said: You're saying the two entities are unrelated? The group of companies known as Related Group and Related Companies are unrelated. 😀 My understanding is that Stephen Ross helped found Related Group with Jorge Perez (its founder and CEO), but that it is completely unaffiliated with Related Companies. Quote Link to comment Share on other sites More sharing options...
houstontexasjack Posted February 14, 2022 Share Posted February 14, 2022 53 minutes ago, SMU1213 said: The group of companies known as Related Group and Related Companies are unrelated. 😀 My understanding is that Stephen Ross helped found Related Group with Jorge Perez (its founder and CEO), but that it is completely unaffiliated with Related Companies. The Related Companies website lists Related Group as an affiliated company. They are related: https://www.related.com/regional-offices 3 Quote Link to comment Share on other sites More sharing options...
houstontexasjack Posted February 14, 2022 Share Posted February 14, 2022 (edited) But yes, it looks like Related Group is the particular company looking in Texas. A fellow named Kevin Wisdom signed the “Notice to Purchaser,” and the article below indicates he’s part of Related Group: https://www.dallasnews.com/business/real-estate/2017/12/15/miami-real-estate-billionaire-with-trump-ties-opens-dallas-office/?outputType=amp Edit: @Urbannizer - I guess a more appropriate title would be “Related Group” not “Related Companies,” because although the entities are related, they apparently are not closely related. 😆 Edited February 14, 2022 by houstontexasjack 1 1 Quote Link to comment Share on other sites More sharing options...
hindesky Posted February 14, 2022 Share Posted February 14, 2022 https://relatedgroup.com 1 Quote Link to comment Share on other sites More sharing options...
houstontexasjack Posted February 15, 2022 Share Posted February 15, 2022 3 hours ago, hindesky said: https://relatedgroup.com So, to sum up, Related Companies and Related Group are related companies, but Related Group is not the same as Related Companies. 3 Quote Link to comment Share on other sites More sharing options...
mollusk Posted February 15, 2022 Share Posted February 15, 2022 Kissin' cousins, as it were? 4 Quote Link to comment Share on other sites More sharing options...
hindesky Posted February 15, 2022 Share Posted February 15, 2022 According to his Wikipedia topic. Seems he could see there was more money in developing than working for the city of Miami. Career[edit] Pérez was an economic development director with the city of Miami before he entered the real estate business and became a developer.[10][12] In 1979, he founded Related Group[13] with New York builder Stephen M. Ross. Pérez built his fortune by building and operating low-income multifamily apartments across Miami. The firm became the largest affordable housing builder in Florida by the middle of the decade.[10] He then branched off into rental apartments before becoming one of the most prolific high-rise condo builders in the Southern United States. Pérez has owned 50 condo towers in various stages of completion in South Florida, Fort Myers and Las Vegas. https://en.wikipedia.org/wiki/Jorge_M._Pérez Quote Link to comment Share on other sites More sharing options...
iah77 Posted February 15, 2022 Share Posted February 15, 2022 11 hours ago, hindesky said: According to his Wikipedia topic. Seems he could see there was more money in developing than working for the city of Miami. Career[edit] Pérez was an economic development director with the city of Miami before he entered the real estate business and became a developer.[10][12] In 1979, he founded Related Group[13] with New York builder Stephen M. Ross. Pérez built his fortune by building and operating low-income multifamily apartments across Miami. The firm became the largest affordable housing builder in Florida by the middle of the decade.[10] He then branched off into rental apartments before becoming one of the most prolific high-rise condo builders in the Southern United States. Pérez has owned 50 condo towers in various stages of completion in South Florida, Fort Myers and Las Vegas. https://en.wikipedia.org/wiki/Jorge_M._Pérez His projects are super high quality now, I love this new complex he built in Coral Gables a few years ago. He's a big art collector and his projects usually include something so finges crossed! 1 Quote Link to comment Share on other sites More sharing options...
aachor Posted February 17, 2022 Share Posted February 17, 2022 On 2/15/2022 at 9:22 AM, iah77 said: His projects are super high quality now, I love this new complex he built in Coral Gables a few years ago. He's a big art collector and his projects usually include something so finges crossed! On 12/9/2021 at 9:08 AM, J Money said: Fingers crossed for a gas station or self storage facility Prediction... 6 Quote Link to comment Share on other sites More sharing options...
toxtethogrady Posted May 3, 2022 Share Posted May 3, 2022 Seems like Related's a pretty big name, so that suggests highrise and residential... 1 Quote Link to comment Share on other sites More sharing options...
editor Posted May 5, 2022 Share Posted May 5, 2022 On 5/3/2022 at 1:36 PM, toxtethogrady said: Seems like Related's a pretty big name, so that suggests highrise and residential... I've worked with Related a few times. Nice people, at least to me. Very deep pockets. Not afraid to splash out on big buildings and big-name architects in other cities. Hopefully this project gets the same treatment. 5 Quote Link to comment Share on other sites More sharing options...
houstontexasjack Posted May 5, 2022 Share Posted May 5, 2022 29 minutes ago, editor said: I've worked with Related a few times. Nice people, at least to me. Very deep pockets. Not afraid to splash out on big buildings and big-name architects in other cities. Hopefully this project gets the same treatment. Related Group or Related Companies? Quote Link to comment Share on other sites More sharing options...
editor Posted May 6, 2022 Share Posted May 6, 2022 15 hours ago, houstontexasjack said: Related Group or Related Companies? These people:https://www.related.com Quote Link to comment Share on other sites More sharing options...
houstontexasjack Posted May 6, 2022 Share Posted May 6, 2022 26 minutes ago, editor said: These people:https://www.related.com Ah. This one, as it turns out, is owned by an entity controlled by these guys: https://relatedgroup.com Quote Link to comment Share on other sites More sharing options...
editor Posted May 6, 2022 Share Posted May 6, 2022 55 minutes ago, houstontexasjack said: Ah. This one, as it turns out, is owned by an entity controlled by these guys: https://relatedgroup.com Amusingly, they're all related. It looks like Related Companies is the parent of both Related Group (your link) and Related (my link). 1 1 2 Quote Link to comment Share on other sites More sharing options...
Amlaham Posted May 6, 2022 Share Posted May 6, 2022 I can see something extravagant get built here. Its in front of a huge park in the heart of the city, surrounded by high-rises, unobstructed views of the medical center and downtown. 1 light away from a major highway. This would be prime luxury! 3 Quote Link to comment Share on other sites More sharing options...
houstontexasjack Posted May 6, 2022 Share Posted May 6, 2022 2 hours ago, editor said: Amusingly, they're all related. It looks like Related Companies is the parent of both Related Group (your link) and Related (my link). “The Incestuous Group” just didn’t have quite the same ring. 😆 7 Quote Link to comment Share on other sites More sharing options...
Highrise Tower Posted August 4, 2022 Author Share Posted August 4, 2022 A Plan Review permit was pulled yesterday for a new apartment. 8 Quote Link to comment Share on other sites More sharing options...
kennyc05 Posted August 4, 2022 Share Posted August 4, 2022 7 minutes ago, Highrise Tower said: A Plan Review permit was pulled yesterday for a new apartment. Think it'll be a highrise? 2 Quote Link to comment Share on other sites More sharing options...
Texasota Posted August 4, 2022 Share Posted August 4, 2022 It's a large lot, so I'm betting... 12 stories at the tallest. 2 1 Quote Link to comment Share on other sites More sharing options...
hindesky Posted August 4, 2022 Share Posted August 4, 2022 Landscaping crew. 3 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted August 4, 2022 Share Posted August 4, 2022 I think it may be a multi-phase project. Notice how after the address it says “BLD 1”. 6 hours ago, Highrise Tower said: A Plan Review permit was pulled yesterday for a new apartment. 4 Quote Link to comment Share on other sites More sharing options...
Triton Posted August 4, 2022 Share Posted August 4, 2022 27 minutes ago, Urbannizer said: I think it may be a multi-phase project. Notice how after the address it says “BLD 1”. Right. Sounds like they are going to build a bunch of Related buildings. 1 7 Quote Link to comment Share on other sites More sharing options...
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