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CREguy13

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Posts posted by CREguy13

  1. 12 minutes ago, Pitts said:

    It will be harder to determine exactly what the feel of the area will be after the 45 reroute. All the new bars and restaurants in this area will now be immediately facing a massive freeway. And of course everything on the other side of St.E will be demolished. The noise and visual blight may be enough to kill this part of town.

    will now be immediately facing a massive freeway underneath a park..  If that park happens it will be a great thing for Eado.  Klyde Warren didn't exactly kill that part of Dallas.

  2. 5 minutes ago, Triton said:

    This will replace the Best Western?

    Correct.

     

    "The project will take two years to build, Hourani said. It'll sit at the site of the Best Western at 6700 Main St., which Medistar bought around 2006 or so, Hourani said. Medistar will demolish the hotel in the second or third quarter of 2018; the construction will coincide with the tower's groundbreaking."

    • Like 3
  3. I could see HEB being in a mixed-use project on the south side of Downtown, capturing both Downtown/Midtown, and WF on the north side more towards Market Square since that is more their clientele.  With the Astros winning the World Series and Crane's plan to put a park next to MMP, I am very excited for the next residential boom in downtown and all that will come with it. 

    • Like 2
  4. What would be the barriers towards using the land that is currently Hermann Park Golf Course?  Surrounded by Running Trails, Brays Bayou and adjacent to TMC, TMC3, Rice University and Museum District.  Short walk to Red Line station, so direct access to all Houston sporting arenas, midtown, downtown, etc.  Access from 59 and 288.  Although it's owned by TMC, the Nabisco Building is two blocks away and has 600,000 SF, which I believe only 100,000 is being used by TMCX and JLABS.

     

    Thoughts on why it can't happen?

  5. I have no inside information, but feel good about this building not changing its facade.  They are really targeting Chinese capital, and the fact that ICBC just moved into a full-floor at Williams Tower tells me Houston is continuing to be a big gateway market for Asian investment.  I wouldn't be surprised if the equity partner came from China and then ICBC provided the construction loan.

     

    Failed to reference, but HBJ article states: 'The Houston office is expected to offer corporate lending, real estate lending, cash management and credit card financial services'

    • Like 8
  6. 57 minutes ago, houstontexasjack said:

    Looking at the text a bit more closely, it appears Caydon is not moving forward with additional towers on these sites, at least not in the near future--the Greensheet building is being renovated, for example.  However, additional retail and residential is most welcome in that area.

    The Greensheet building being renovated does not mean they are not moving forward - the Caydon site surrounds the building and is excluded.  If anything, I would guess they start working on plans sooner rather than later.

    • Like 3
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