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houstontexasjack

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Everything posted by houstontexasjack

  1. The REIT that acquired the property at foreclosure is associated with this group (based on the Grantee’s address listed in the substitute trustees’ deed): https://www.therichmangroup.com
  2. Both bills proposing the constitutional amendment to allow a “destination resort” are likely to die in committee this session. The House at least gave HJR 133 a hearing in committee, but it was left pending. If it doesn’t make it out of committee by May 10th, it’s dead.
  3. Caydon also just sold the unit they had for Joe Russo at the Warwick Towers. I’d say they’re cashing out of Houston.
  4. It was missing “Zone D’Erotica” to let folks know this was a real Houston mixed-use.
  5. If memory serves, the overall design is based on Philip Johnson’s Habitable Sculpture. Some of the older, less glassy, renderings, had a variety of colors. The choices of different colored-glass could be a play on that concept: Link to source of image: https://www.cityrealty.com/nyc/market-insight/features/future-nyc/developer-zeroes-site-philip-johnson039s-039habitable-sculpture039/19341
  6. My understanding is Dr. Mike Mann has wanted to control the course of development pretty tightly. I reckon he’d have signed off on the different types of glass. It.....does not look like what was rendered, no.
  7. Looks like the section of the project trenching 69 (nice) between Midtown and Museum Park is still moving forward: “Though TxDOT has halted development of many segments, the portion along I-69 from Spur 527 to Texas 288 — which includes Wheeler — remains on pace for construction to start next year. Widening I-45 and redoing the downtown system is spread across many distinct but connected projects, and TxDOT had approvals and design ready for the first segments, but has halted development of the others until a lawsuit filed by Harris County and the federal review are settled.” https://www.houstonchronicle.com/news/houston-texas/transportation/article/Metro-set-to-spend-millions-to-make-sure-I-45-16118744.php
  8. Edit: To clarify, the tract on which Fitzroy residences was to be built was sold at foreclosure. I’m not sure if Caydon gave up the plans and designs to the lender separately. @hindesky’s post references an April 9, 2021 date, so it’s *possible* (although I think unlikeky) the foreclosure buyer is looking to move forward with construction.
  9. It looks like Caydon’s properties in Midtown were sold at a foreclosure sale earlier this month. From what I can tell, this is about everything Caydon owned north of Drewery Place:
  10. In peeking behind the curtain, it looks like there was bidding by invitation for construction documents back in January 2021. I’d say that shows signs of life.
  11. Did this project actually start? Edwards had gotten a bit long in the tooth and needs work to be competitive with the newer complexes (compare to the Cinemark Memorial City). The needed renovations come at a time when there’s been a shift away from the Megaplexes of the 90’s. The AMC Studio 30 at Dunvale recently closed. It’s just tough to get a good number of people in the multitude of screens these theaters have. If this renovation didn’t move forward last year, I wouldn’t be shocked if the owner determined the cost of the renovation wouldn’t be worth it in the long run given the shifting tastes in cinema attendance.
  12. The Houston Symphony could use a devoted venue. Jones Hall originally housed the opera, the ballet, and symphony—the acoustics aren’t as well tailored to the symphony as they could be. The Wortham Center was built with the idea of the orchestra being exclusively in the pit for ballet and opera, and it has the two theaters of different size to allow for different-scale productions.
  13. Skanska got Bjarke Ingels Group to design their property Downtown. Having paid $27 Million for this site, I tend to think they will similarly bring in a heavy hitter to design this site as well.
  14. The link has a click-baity headline, but there’s not really any news. Skanska has not added the Kroger site. Any developer *may* be considering adding another significant parcel adjacent to their development.
  15. Not likely. I think Gensler is responsible for the master plan. That prior one was done by Munoz Albin.
  16. Common Bond is also opening up at the Ion. Edit: I think both the location at the Ion and the location at Drewery Place will be “on-the-go” concepts similar to what Common Bond has up in the Heights (cold sandwiches, pastries, coffee, but without the full menu that includes hot items).
  17. Edit: Disregard prior reference to CenterPoint Tower. I think the reflection is intended to be the Hess Building.
  18. The stairstep promenade on that second tower next to One Park Place looks really neat.
  19. My read is that the request for variance will be taken up at the March 4th meeting, as it would fall under Item III a-f, and I don’t believe there has been any prior deferral.
  20. If this is like Wonder Woman 1984, I think I speak for all of us that HAIF renounces its wish regarding shelving Broadview Crossing.
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