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shasta

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Everything posted by shasta

  1. Isn't Market Square a "Square"...and an historic one at that? It used to be Capital Square back when Houston was the capital of the Republic of Texas.
  2. When are the renovations supposed to be completed?
  3. Hines is a developer. While they do "develop" some of their own buildings they also make a living by performing "development services" for business or equity sources. I guessing, in this case, the company hired them to oversee the development stages of their building, or some arrangement where they will be the tenant. I don't the exact specifics of their involvement of this one but I do know it is not a speculative development.
  4. I am 100% sure that the answer is that these lots tie into the existing tunnel system. That is the difference between a Class A building and a Class B. Most thought that Trammel Crowe were takling a HUGE risk building Discovery Tower off of the tunner system. The proximity to Discovery Green paid off and that is what makes it a Class A Building.
  5. Yes but if you know anything about the history between the University of Houston and University of Texas you would definitely want it somewhere. Everything from where we got our Cougar paw hand symbol, to the orchestrated effort by UT to keep UH out of the Big 12 (proposed Big 16), to the way they have laws written in Austin to make sure less state funds actually go to the other public universities in the state, etc. UH had suceeeded in spite of what UT has done to keep the University of Houston down.......... and that statue is a testament to our David vs Goliath spirit. A spirit that created a Tier One University out of a grass roots program in a Houston area high school cafeteria.
  6. He is being serious and I tend to agree. This project, and the Hines Residential, will do MORE for downtown than 609 Main (or even BP Place) ever could. You can go ahead and print that and come back in 5-10 years A vibrant residential component will bring synergy to downtown....a pedestal office tower that empties out at 5PM and is closed on the weekend is limited on what it can bring to downtown. Of course a true downtown should have a mix of both but YES this project is definitely a game changer. it symbolizes downtown as a residential neighborhood...a title downtown started to lose in the 1920s/30s.
  7. My first thought on this building was that, even though it is an interesting design, it would be a tougher building to get through the CD/Coordination phase. Each floor would be slightly different than the one below, in other words the floors don't directly stack, which would make it less efficient whcih would naturally increase the time it takes to get through the CD phase. This one was a little bit more ambitous. It might happen I just wanted to point out that that type of design could cause delays. It takes a long time for a building to go from a nice rendering to a full set of construction drawings. Look for them to streamline the design a little but.....that is just my prediction.
  8. I agree 100%. This project (the scale, the design, and the infill potential) is EXACTLY what downtown needs. This project will add more "life" to downtown than any sparkiling office tower or even a super luxury residential project like One Park Place. We all know that place houses the wealthy or worse, is a second home, but not really an option for regular professional Houstonians. For years I've been wishing that we have something like West Avenue on Kirby iin downtown and now we will have something of that scale!
  9. Have you ever listened to In the Trenches on 790 (9-11AM)?
  10. Let's think about this logic....if a person, who lives in a nearby house and plans to stay there for while wouldn't lower property values be a blessing?? The whole tax system in Texas is largely based on property taxes of your value of property. If your 1 million dollar home is now valued at $700k you will be paying LESS in taxes. In Texas you choose how much taxes you want to pay as per your residence selection. Like I said, if your plan is to stay and live in one of the most desirable places in the city then you are savings 10s if not 100s of thousands over a X year period by having this quality development near your resident (according to their argument) Of course, I actually think this project will raise their property values but just playing devil's advocate here.
  11. So, I turned on 610 today at 2PM today. i was expecting to hear a new host but NOPE, Josh was still on. The rumor is false. I then changed the dial to 790 and left it on that station for the rest of the afternoon.
  12. Trust me on this...the initial plan was to begin construction on Block A and Block B a few months after they demolished the Allen House. A design change, and then the 'great recession', set their plans back and they started construction (apartment tower) on another block. They just revised their strategy but their initial plan was to start building sooner then later.
  13. Will this be part of GreenStreet or were they looking to build something smaller, perhaps more boutique.
  14. Actually, it connects the garage to the second building. Form follows function. The tenants are probably going to pay high rents and they would appreciate a covered walkway to carry groceries, or other items to their apartment without having to worry about rain...sun...etc. They will use the park space when they want to.
  15. I agree...cities are built in layers..on top of previos layers....they always have been. Those that fail to understand this and think things will not work just because they hadn't worked before are ignorant of the past. New development (the market) always strives to keep up with the current or just in sight layer.
  16. You are correct, we don't have enough information on that one yet.
  17. When are they expecting the renovations to be completed and will it be ope during construction?
  18. Don't forget Hines residential which will be in the same area as this tower, around Market Square.
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