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urbanize713

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Posts posted by urbanize713

  1. I wonder if they had some mechanical issues that required them to replace the slewing gear? Isn't the 3rd westernmost crane is building the Pro Guard storage building not the apartments?

     

    My mistake, think you are absolutely correct. The third crane or westermost crane is for pro gaurd.

  2. I was going to say the same thing. The curve on the Travis side is actually very nice; just wish it had some real height to it. The top floor has a recess that could have been cool every 10 or so floors but like your name just wishful thinking.

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  3. http://www.bizjournals.com/houston/morning_call/2015/05/how-a-houston-apartment-developer-secured-a.html

     

    Morgan approached the popular Austin-based grocery giant about a year ago after the developer purchased a full Midtown block on Elgin Street, between Smith and Brazos streets. Although Whole Foods was interested in the 260-unit apartment site, the land was too small to support a 40,000-square-foot grocery store, Patton said.

     

    Morgan didn’t give up, however. Several months ago, the developer acquired a half-block to the north of its Midtown site and worked with the city of Houston and the Midtown Tax Increment Reinvestment Zone to close Rosalie Street running between the two parcels and create one large tract large enough for a Whole Foods. The purchase price for the two parcels was not disclosed.

     

    For all those that still don't understand this is what irritates posters including myself about the midtown superblock site. If Mr. Campo was as savvy as some believe he is then this is the type of negotiations he should be doing. He has the perfect site for this type of arrangement but did not pursue it. Instead another developer courted a tenant and even put more money on the line to make a very lucrative and attractive development. As someone in the business world I understand the intricacies of a publicly traded company but that should not mean that you become one of the most conservative risk adverse developers in Houston.  

     

    As a Houstonian I was happy with the Morgan Group developments but with this latest news I am ecstatic to have a development company with this type of vision. My only hope is that said vision becomes infections. Though it means nothing my kudos to the Morgan Group for fighting and bringing us this great development!

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