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democide

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Posts posted by democide

  1. http://www.bizjournals.com/houston/blog/breaking-ground/2015/02/joint-venture-pursues-city-of-houston-to-redevelop.html

     

    So if the city moves in they won't redevelop the outside facade to the proposal.

     

    If this happens, I'll be happy that this will take 1+ million sq. ft. of floor space out of the market, but not happy that the ugly facade will remain.  Anyways, I hope that they include in the improvements (because I'm sure there's things that still need fixing and upgrading) the connection to the tunnel system.  Could that raise the rent if they pursue that?  

  2. Maybe the implosion compromised the structural integrity (at least in a certain area) of the garage, making it unsafe to have it in operation again.  I always thought that is was very risky having one half of it come down in freefall so near to the other half without causing no damage.

  3. This tower is suppose to have tunnel access, correct? 

     

    If so, would that be by connecting with One Market Square?  I'm just wondering if this tower's tunnel access is depended on One Market Square getting build, because it will also have tunnel access by connecting with the block directly south of it (Chronicle building).  Could that be delaying this project, if there is that dependency?  Also, Hines has know for a while about the proposed One Market Square/International Tower.

  4. Houston ISD breaks ground on new campus for arts high school

     

    Come Tuesday, the cement will be ripped up and construction will begin on a new five-story, 168,000-square-foot building for the Houston ISD's High School for Performing and Visual Arts.

    The sleek, $80 million project will include a 200-seat mini-theater, 200-seat black box theater, 150-seat recital hall, rooftop garden and outdoor art studio. The centerpiece will be an 800-seat main theater, complete with a balcony, that will fit the prestigious magnet school's entire faculty and student body with room to spare.

     

    • Like 6
  5. Hearst Selects HFF to Market Houston Chronicle Downtown Property

     

    Quote

    HOUSTON – Hearst Corp. has selected the HFF commercial real estate brokerage firm to handle the sale of its Houston Chronicle property in downtown Houston.

     

    Hearst interviewed a number of Houston’s leading commercial real estate brokers before selecting HFF, a national firm with a strong local office.

     

    The 10-story Chronicle building, 801 Texas Ave., covers a full city block and comes with parking garage on another block. The newspaper, which has operated at that location since 1910, will move to the former Houston Post building on Southwest Freeway.

     

    The Chronicle’s downtown facility, much of it classified as being in “poor” condition by the Harris County Appraisal District, is expected to be demolished.

     

    The Chronicle property is in a hot sector. A number of new developments are being built nearby, including a 40-story apartment tower by Woodbranch Investments and the 48-story Hines office tower, 609 Main at Texas.

     

    http://realtynewsreport.com/2014/11/21/hearst-selects-hff-to-market-houston-chronicle-downtown-property/

     

    Thanks to desertpunk at SSC.

    • Like 1
  6. Developer wants to put up 4 towers (including presumably 2 supertalls) in Dallas. There's nothing to kickstart development down here like a case of Dallas envy.

     

    We're already building so much, but yes, I welcome this added incentive to build a lot more.  2015 should be another good year for Houston, and I hope a supertall is in the plans.

    • Like 1
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