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Fortune

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Posts posted by Fortune

  1. 16 hours ago, wxman said:

    This condo tower for The Woodlands has been shelved or scrapped (not really sure what mothballed means). I figured that was too good to be true.

     

    http://www.bizjournals.com/houston/news/2016/10/11/the-woodlands-looks-to-grow-even-as-it-nears.html

     

    "Low oil prices have slowed The Woodlands’ office and multifamily sectors, which have been hurt by job cuts in the upstream oil and gas sector. Earlier this year, The Howard Hughes Corp. mothballed plans for Treviso at Waterway Square, a proposed 23-story, 84-unit luxury condo tower. "

     

     

    In the next paragraph it states they pulled it off the market for now and will bring it back when the time is right. Doesn't sound scrapped to me just on hold.

    • Like 1
  2. swtsig

    I respect your knowledge and appreciate your fairness in your response, however I do think there is a

    negative, and no one seems to want to address my question about what this will do to the plans to build the new TMC research campus that was planned with UT as a major player. They won't do both.

    Its not just U of H that would be affected.

    As much as I would like the TMC3 Campus to come to fruition it is still very much so just a concept. The TMC does not have funding for the development and UT or any of the other institutions have signed on for the campus.

  3. There are significant tenants negotiating for large chunks of space at both 609 and Capitol tower. Distinct possibility nothing comes of it but they're advanced discussions.

    Why so much interest in 609 & Capital Tower but no interest in 6 Houston Center? Are 609 and Capital superior buildings? Are they being marketed better? I'm just curious because it has been proposed so much longer.

  4. According to the Springwoods Village website a third corporate campus "will be announced in early 2015." Any word yet?

    Elsewhere on the site it also mentions a fourth hotel to be build at the NW corner of the Grand Parkway and Holzwarth just south of the Belvedere Apartments.

    See the dot below the Southwestern Energy HQ.

    http://springwoodsvillage.com/homes-and-map/map/

    Baker Hughes was suppose to purchase that property and build a new corporate campus. With Halliburton aquiring Baker Hughes I doubt that will be happening. Maybe another company purchased the land.

    • Like 1
  5. "Lots of firsts for Generation Park: its first anchor tenant is also its first Fortune 500 corporate campus: FMC Technologies acquired 173 acres, which is nearly the same size as the new ExxonMobil campus. McCord Development’s John Flournoy (nice catch, John!) tells us that the subsea technology giant for the oil and gas industry will be consolidating all of its Houston-based operations at Generation Park, including its global HQ, and is nearing completion of its first phase on 70 acres. Early next year, approximately 2,000 FMC employees will be moving to Generation Park in over 1M SF of office and workshop space as part of the first phase. Also new is the S.PA, Generation Park’s first corporate lifestyle center. The 52 acres is scheduled to break ground later this year and will be home to corporate office users and a mix of amenities like restaurants, hotels, conference centers, healthcare centers and child development centers. Stolt-Nielson, a leading European logistics company, recently acquired acreage in the S.PA and by winter, two hotels will be under construction. Yet another first: a 57-acre San Jacinto College campus will focus on serving the community and partnering with companies located in Generation Park to help train their current and future workforce."

    Read more at: https://www.bisnow.com/houston/news/commercial-real-estate/generation-park-hooks-big-fish-47939?utm_source=CopyShare&utm_medium=Browser

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