nate

The crane is up.

From the new HBJ: http://www.bizjournals.com/houston/blog/breaking-ground/2013/02/regent-square-to-roll-out-phase-two.html

GID Development Group said Thursday it plans to carry out its Phase Two of Regent Square, a 24-acre, 4.2 million-square-foot mixed-use development inside the 610 Loop, later this year.

 

The second phase will include a new Alamo Drafthouse Cinema, 160 residential units and 15,000 square feet of restaurant space. Construction is set to begin in late 2013.

Looks like this one is happening.

The site has been cleared and prepped. 

via Swamplot, could this be the project they announce? Or will it be a 4-story apartment building on the old Turnberry site? lol

You probably wouldn't choose to announce an apartment building at a meeting of industrial and office brokers....

That is great news!

I hope they put some good restaurants on the 1st floor.

It has long been rumored there will be a new building dedicated to their collection of contemporary art, however, to my knowledge there have been no official announcements about a new MFAH building.

The crane is going up.

From this morning:

From yesterday.

New sign for a mixed-use development called "Medical Village"

There are contact numbers for leasing with office, residential, retail opportunities. There is also a rendering of the project which appears to have several mid-rise buildings.

I just noticed this last weekend and did not see this project on HAIF yet.

Sorry for the bad picture, as all I had is the iPhone.

is that an "educated" guess or do you have actual knowledge of this from stakeholder sources?

With respect to something eventually, it is an educated guess. The remainder I have been told from an authoritative source.

Why not? By the time a large project is completed, the economy will potentially be in a completely different place. If you can obtain the financing, this could be a great time to start a project.

Something will get built there eventually, but this project is dead.

I am starting a thread here in "Going Up" because I am pretty sure we don't have a thread for this project in here yet. I walked by the site last night and there was a fence around the lot, and construction trailers and signs all around. I'm glad it seems that they are finally getting started with this!

Yes, it is definitely going up.

They have already dug much of the foundation and a mobile crane is on site.

Can anyone tell me why they have installed a fake, multi-colored tree on the San Jacinto sidewalk?

In daylight today.

Taken today with a point and shoot. Sorry for the lens smudge.

What do you mean HEB property? There isn't a HEB in Montrose...

There is a Fiesta nearby. Perhaps this is what he meant.

As long as it gets built then all is well. I too hope it does not backfire on the developers.

The appeal should not effect the ability of the developer to build on the previously approved plans.

I wish Buckfund luck. They have been completely screwed by the city.

keeping some entity in court might be a discouragement. i personally believe their funding will be a big hump in the road.

Well, it would be a complication.

I don't think that the developer would have taken things this far unless it was confident of its ability to obtain financing. It just would not make any sense to continue to pay for traffic studies, to continue to apply for building permits, meet with city engineers, pay it architects to redesign the building for each permit application, etc. It is a risky project, but if the developer is willing to give liens against its other properties, I don't see a reason why they cannot get financing. Things are tough, but if they can put up a lot of collateral, they can get a loan.

My prediction: the current apartments are demolished in December and building starts in early February.

The neighbors may file a lawsuit, but I bet that it gets dismissed rather quickly.

On what cause of action?

An suit to enjoin a nuisance? That doesn't seem meritorious at all.

Just the thought of spending another day in the Harris county jury room makes me so glad I live in Fort Bend county now. 

Fort Bend county also has courts and there are also jury trials that will require members of the public to serve jury duty.

I would prefer jury duty in downtown Houston to jury duty in Richmond any day.

Some crappy iPhone pics from today.

Guys theres a video now of this developement in detail, there are two twin towers, 30-40 possibly 50 stories with spires.

The video also includes metrorail, palm trees, mid-rise towers etc.

The towers are very similiar to renderings I saw before yrs ago (Im looking for the rendering); are different than the others on the website.

(Its on the right very small)

http://crosstorian.com/southpointe

Those buildings are 30 stories. The tallest in the project is 35.

See slide No. 9 at : http://crosstorian.com/Websites/crosstoria...ePrintPics2.pdf

From my secret skyline vantage point, somewhere in the museum district...

Garage at the Plaza Apartments?

small update

main tower 89 floors

secondary tower attached 52 floors

HBJ rendering is the current building

all subject to change of course

Very cool.

I don't see anything recent on the HBJ site, so I assume that you are referring to the rendering in the February article?

http://cll.bizjournals.com/story_image/110451-400-0-1.jpg

http://www.chron.com/disp/story.mpl/metrop...an/5910551.html

More brilliance from my "wonderful" council member...

"In a broader sense, Clutterbuck said, the months of meetings show how difficult it is to regulate land use in a city without zoning."

That's the whole point of not having zoning!