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Fortune

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Everything posted by Fortune

  1. This was brought up on Swamplot the other day http://swamplot.com/stags-head-pub-cant-renew-its-lease-is-calling-it-quits-for-now/2015-04-14/
  2. http://www.bizjournals.com/houston/news/2015/04/06/houston-developer-closes-on-prime-property-near.html
  3. http://houston.culturemap.com/news/real-estate/03-31-15-38-million-mega-palace-penthouse-emerges-as-the-showpiece-of-a-new-condo-development-near-river-oaks/
  4. Development will be called Springwoods Place Three office buildings totaling 850k SF. First phase 14 stories 350k SF. Other two buildings 250k SF each. https://www.bisnow.com/houston/news/mixed-use/springwoods-village-is-full-steam-ahead-44056
  5. I believe the grassy block and the two blocks on either side of the Hilton garage are planned for a future convention center expansion.
  6. Will be about 90 units, between 22-26 floors. Plan on breaking ground later this year. http://www.bizjournals.com/houston/news/2015/02/26/exclusive-new-details-on-the-first-luxury.html?page=all
  7. Article says it will break ground in April. http://www.bizjournals.com/houston/morning_call/2015/02/exclusive-groundbreaking-planned-for-52-million.html?page=all
  8. This project is taking advantage of the DLI. In order to qualify for the DLI there has to be retail. So yes there will be retail.
  9. That is the Alexan City Centre which is under construction will be 7 stories. I do believe they will expand further east as those properties become available. I remember reading in a article when they released the renderings for phase 3 that they are always actively looking for room for expansion.
  10. Looks like it will blend In well with the rest of Bellaire.
  11. Getting a mortgage now is a great deal different then getting a mortgage then. They were giving mortgages to everybody back then.
  12. Project website with information about project and some renderings: http://www.somersetgreenhouston.com/index.html
  13. Multifamily development by Transwestern planned off of Wood Hollow Dr. on 3.1 acres. http://www.bizjournals.com/houston/news/2015/01/30/plans-underway-for-luxury-multifamily-project-in.html
  14. Wouldn't be surprised at all. It is dwarfed by the other Memorial Herman buildings surrounding it. They will need room to expand in the future and that is the best bet for redevelopment since the building is old.
  15. Well Redstone Cos. owns The Houstonian so maybe it will be a extension of the Houstonian Hotel.
  16. . . . .and beyond the Target parking lot you have skyline views of Downtown, Greenway, and the medical center. Which I'm sure will be amazing.
  17. Hotel/residential tower Location: South Main, north of Holcombe Developer: Houston-based TRC Capital Partners and Houston-based Medistar Corp. Original plan: In April, developers said they would start construction later in the year on an HOK-designed 22-story hotel/residential building next to the Texas Medical Center. Update: "We've been working on refining the programming and putting together the financing package," TRC president and CEO Steve Lerner said, adding that a start date has not been determined. http://www.houstonchronicle.com/business/real-estate/article/Cracks-forming-in-commercial-real-estate-market-6037038.php#/0
  18. Hotel and office building Location: Uptown on Post Oak Boulevard north of Westheimer and next to the BBVA Compass building at 2200 Post Oak Blvd. Developer: Houston-based TRC Capital Partners Original plan: In 2011, a group affiliated with the Redstone Cos. - now TRC Capital Partners - said it was planning a hotel and office tower on the Uptown site. It said the project was contingent on financing and could be underway within a couple of years. Update: At the end of last year, the developer signed an agreement with a hotel brand and plans to break ground on a full-service hotel in the second or third quarter. The office building has been put on hold until a tenant can be found. http://www.houstonchronicle.com/business/real-estate/article/Cracks-forming-in-commercial-real-estate-market-6037038.php#/0
  19. 1717 Bissonnet Location: 1717 Bissonnet at Ashby Developer: Houston-based Buckhead Investment Partners Original plan: In 2007, the developer said it would build a high-rise residential tower in the neighborhood near Rice University. Later referred to as the "Ashby high-rise," the project became poster child for Houston's land-use tensions as neighbors fought for years to stop it. In May, a judge awarded $1.2 million in damages to area residents who had sued the developer. But the judge said he could not stop Buckhead from building the project. Status: "We are working to start as soon as possible," Buckhead's Matthew Morgan said. The lawsuit is in appeal, but "that's not going to keep us from starting," he said. The developer has found a new general contractor to build the project, and it has its foundation and core and shell permits. http://www.houstonchronicle.com/business/real-estate/article/Cracks-forming-in-commercial-real-estate-market-6037038.php#/0
  20. Camden Superblock Location: Midtown, on land bounded by Main, McGowen, Travis and Anita Developer: Houston-based Camden Property Trust and the Midtown Redevelopment Authority Original plan: Camden has been involved in planning the site for more than a decade to include apartments, an underground garage and 3-acre park. Update: Construction on the Superblock project will start in the first quarter, and units will open in 2017, CEO Ric Campo said. "We don't have to go get construction loans - we're using Camden dollars," he said. http://www.houstonchronicle.com/business/real-estate/article/Cracks-forming-in-commercial-real-estate-market-6037038.php#/0
  21. Camden downtown Location: Two downtown blocks bounded by LaBranch, Austin, Bell and Pease Developer: Camden Original plan: In May, Camden said it was planning a two-phased complex on 3 acres of downtown land. Update: Campo said the company is still designing the project and is not yet prepared to start it. "We'll see how the markets unfold and what happens to construction and rents," he said. http://www.houstonchronicle.com/business/real-estate/article/Cracks-forming-in-commercial-real-estate-market-6037038.php#/0
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