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YakuzaIce

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Posts posted by YakuzaIce

  1. I really hope that they go with either subway plan, because once it has been built once they will probably be more willing to expand it if it is successful. One question though. I assume that this subway will be an underground version of the light rail. My question is what speed will it run at, and will it be able to carry larger faster(?) subway trains in the future?

  2. While this man seems to know what he is talking about, and he says it well. The one thing he doesn't seem to realize is the Astrodome is not in Downtown, and everything he talks about is downtown. Because other areas of town have a better occupancy rate. Lastly I thought Downtown had a 51% rate, with over twice the hotel rooms of before.

    • Like 1
  3. I found the article.

    Sept. 4, 2004, 8:25PM

    Fed having a change of space

    Plans to process checks at building are canceled, so room opens up

    By NANCY SARNOFF

    Copyright 2004 Houston Chronicle

    Apparently the mammoth Federal Reserve building going up at 1801 Allen Parkway didn't need to be quite so big after all.

    ADVERTISEMENT

    It turns out that a portion of the 300,000-square-foot property originally designed for check processing is no longer necessary because paper checks are soon to be a thing of the past.

    When the Houston building was conceived in 1999, check processing was a major operation for Fed banks, which sorted and shipped checks from banks across the country.

    The architects designed in plenty of room to handle pesky paper promissories.

    But legislation called Check Clearing for the 21st Century Act, or Check 21, will reduce the number of paper checks flying around the country by allowing banks to process electronic images of an original check.

    Checks that still must travel will be routed to the Federal Reserve Bank of Dallas, said Donald Bowers, assistant vice president for the Houston branch.

    This is part of a consolidation, reducing the number of Fed check processing centers from 45 to 32 this year, and to 23 by early 2006, according to the Fed announcement.

    The check processing center was initially planned to be part of a larger payments operation facility representing less than 10 percent of the space in the building, Bowers said.

    But what will happen with the empty space? Will it be leased?

    Bowers said it wouldn't be the first time.

    "That's definitely something to consider," he said. "Leasing space is not new to the Federal Reserve."

    Reserve banks in other markets may also have some surplus space on their hands.

    Check processing operations in nine bank locations around the country will be discontinued.

    • Like 1
  4. Fom The Houston Chronice

    CONSTRUCTION

    Hermann ready to start building

    After winning tax breaks from the city of Houston and Harris County, Memorial Hermann Healthcare System will break ground this month on a long-awaited medical center and office building.

    The 30-story tower, which will include more than 500,000 square feet of space, will be built at the corner of Fannin and MacGregor in the Texas Medical Center.

    Mischer Healthcare Services is a partner in development of the building, Memorial Hermann Medical Plaza.

    The $155 million facility will include an ambulatory care center, an imaging center and surgical and endoscopy suites.

    Holliday Fenoglio Fowler arranged a $117.5 million construction and permanent loan for the project through Teachers Insurance Annuity Association and GMAC Commercial Mortgage Bank.

    • Like 1
  5. This thread probably says all you need to know for photos

    http://www.houstonarchitecture.info/haif/i...owtopic=195&hl=

    If you are just trying to get an image off the site, then right click the picture, go to properties, then it will say address (URL), highlight that, copy it and paste it into a post, then put "picture's URL" (no quotation marks)

    And I do not believe that the Dominion is done yet.

    • Like 1
  6. Prime Land Up For Grabs
    By Nancy Sarnoff - 2004

    A pair of prime parcels of inner-city real estate is about to change hands for the first time in decades.

    Apartment developers are in negotiations with the William Dickey estate for six acres of coveted land on Kirby Drive.

    Gables Residential and the Hanover Co. are lined up to take control of two tracts on the west side of Kirby just south of Westheimer, according to real estate sources.

    The proposed projects will replace the River Oaks Tennis Club and an adjacent retail center that currently occupy the land.

    The Dickeys, an old-line Houston family that has owned most of the land along Kirby between Westheimer and West Alabama for more than a century, put the property on the block earlier this year.

    The family, which has maintained control of much of its land through long-term ground leases, is expected to sell the two acres to Hanover and lease the four acres to Gables.

    The Dickeys are also looking to lease about two acres on the east side of Kirby, where the now-defunct Hard Rock Cafe and Anthony's restaurant buildings sit.

    About five years after real estate developer William Dickey died, his family decided to relinquish control of nearly eight acres of land on Kirby.

    Bids for the property were solicited in May by Wulfe & Co.

    Of the more than 20 offers that came in, just a few are left standing, said Kenneth Katz of Wulfe & Co.

    In addition to the land on Kirby, the Dickeys also control long-term ground leases with Whole Foods for its West Alabama supermarket and the Ainbinder Co., which owns the Borders bookstore shopping center across the street.

    • Like 1
  7. This is on 311 Pierce

    hr1325066-1.jpg

    "The Edge Condominiums, a 6 floor midrise building, 93 Unit, new construction Condominium Building, at the Edge of Downtown Houston. Near vibrant midtown shops, the Trolley, restaurants and hot spots. Construction to begin fall of 2004, occupancy in summer of 2005."

    • Like 1
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