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CREguy13

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Everything posted by CREguy13

  1. CREguy13
    Per the article, we'll find out who makes 2nd round cut and gets a site visit in early summer. Pulling from the CI Article, TMC Helix Park is almost perfect for the description of 2nd Hub bid given our partnering institutions, proximity to TMC Main Campus, # of annual clinical trials, Houston's diversity for those trials, Research standing, etc. etc. I'd be absolutely speechless if Pegasus Park won consideration over TMC on this specific bid type.
  2. CREguy13
    Definitely, just wasn't sure if that may have been where a possible disconnect was on Rice's course correction/reorg as it relates to their involvement in the District going forward.
  3. CREguy13
    HBJ released an interview this morning with Jan Odergard, Executive Director at the Ion. Maybe the above architect source was referring to Rice walking away from having a lead role in future development of the District? Jan mentioned they were going to JV and essentially get out of the way on the development side. Pretty clear from the article they are extremely bullish on the area's growth potential in the near to long term. This has been my experience of working in the building, the energy is palpable and constantly buzzing with activity. Lot of talk on Multifamily in the interview... I'm guessing this is next.
  4. CREguy13
    https://houston.eater.com/2023/5/23/23733262/summer-restaurant-openings-houston-autry-park Should be a great pedestrian experience when all of these places are open.
  5. CREguy13
    This site has high-rise MF written all over it.
  6. CREguy13
    The oversupply could be next level. Will be interesting to watch over the next few years.
  7. CREguy13
    I can confirm! Been waiting for news to become public or Hindesky's on-the-ground reporting would pull through as it always does. My sources indicate it is taller than 40 floors and that it is planned to be mixed-use, not solely MF and retail... 😎
  8. CREguy13
    Totally agree. If the Daphne hotel at 20th and Ashland breaks ground as they plan, it's going to be great for Houston having excellent boutique hotels in our best Inner Loop neighborhoods. Hotel SA should crush it, and would love to see Bunkhouse doubles down on Montrose + look at the Heights. Tourism would grow for our food scene and cultural institutions, and given the option, many business travelers will way more prefer to stay in Montrose/Heights than our core Business districts.
  9. CREguy13
    1550 is such a great addition to this side of downtown - really great for the skyline vantage from Eado/East End. So excited for the future phases of Discovery West.
  10. CREguy13
    Totally get that, and understand that high dollar range was specifically for the penthouses (probably should have been more clear). I'm more broadly stating I love that the condo market is picking up and a growing demand of buyers are interested in more expensive, lock-and-leave homes as opposed to wanting a yard. In simple terms, a more urban Inner Loop lifestyle is continuing to take shape.
  11. CREguy13
    $4.85m-5m+? Really interested to see how quickly these units sell here, London House, The Lexington and others. Could be an exciting time watching the high-end condo market take off, would love 20 more of these mid-rises scattered around the Inner Loop.
  12. CREguy13
    I'm in the Common Desk here and we received an email last week about switching all tenant parking over to the garage in May. There's been more movement and chatter lately on the District... I'd put money on plans for Phase II being released in the coming months with a near-term timeline for construction to start. This area can't truly take off until the next phase gets underway. Berkadia's Q4 2022 report shows the visitor lot across from the plaza as proposed MF. My guess is that would be the first out of the ground, it alone would really help catalyze the area.
  13. CREguy13
    I know this is off topic from MMP, but to expand on my above comment: imagine if there were some movement behind the scenes to build a brand new state-of-the-art downtown arena to officially lure away the NHL Coyotes to Houston? Phoenix is trying to block Tempe's plans for a new stadium, as the Coyotes are currently playing in ASU's arena that seats 4600 people... A brand new stadium could close the deal, if things have been quietly progressing. NHL, NBA, MLB, MLS all downtown? One can dream! Article from yesterday: https://frontofficesports.com/phoenix-looks-to-block-tempes-2-1b-deal-with-coyotes/
  14. CREguy13
    I'm sure Crane, Shell (Shell Energy Stadium) and many others that stand to benefit greatly from the capped park will be big donors. Imagine if they built a new basketball Arena where Astros Lot C is... you'd have 3 downtown stadiums all with light rail access, fronting the capped park, walking distance to one another and all close proximity to this entertainment district. Not gonna happen, but that'd be a Houston urbanist dream!
  15. CREguy13
    Speaking specifically on the location, I walked around Autry Park last Friday. There was a building permit for MF Lobster in the above pictured circular building window, dated early February on the permit. So it appears it's been there for about a month.
  16. CREguy13
    Coming down as of this morning
  17. CREguy13
    Looks like demo of the Women's Center should be starting any day now. I didn't get a picture, but they had the whole property fenced off when I drove by earlier this afternoon, fencing wasn't there yesterday.
  18. CREguy13
    Haha nothing to apologize for, just more coverage!
  19. CREguy13
    1000%. Too many downtown corporations, local foundations, and uber-wealthy Houstonians that will be interested in naming rights and want to play a significant role in a transformational project for the city.
  20. CREguy13
    That's my point. These have always been private projects and I think they can raise the funds relatively quickly. Never let dollars that want to find a home remain on the sidelines..
  21. CREguy13
    Your second point is the right take imo. There's a really strong push on the elevated park, which would make everything within a few blocks of Pierce much more valuable immediately if plans become public. I'm certainly in the camp of retaining the structure. The opportunities to integrate buildings at the park level whether it be office, MF, Condo, or hotel would be a game changer - in addition to activating the ground level below. Central Houston badly wants this to happen. Given the tremendous amount of wealth being made in this city right now (and no other big projects on the docket) they should be able to get private individual/corporate dollars secured for both this and the Eado Capped park... or at least that's the hope. Fingers crossed!
  22. CREguy13
    I really hope this developer has the expertise, able to source the necessary capital, and receives a substantial credit from CHI to produce a very quality MF conversion. This building has a lottt of issues, but the opportunity is so huge for this area if they do it right. If Chevron moves their HQ and starts construction on a new building, along with this, that'd put a lot of eyes on an area RIPE for major development. If KBR were to move out of 601 Jefferson and that was also converted? Goosebumps
  23. CREguy13
    Totally agree. The Preston has a nice ring to it.
  24. CREguy13
    This site is 100% For Sale, listed by Cushman & Wakefield.
  25. CREguy13
    This W Dallas/Allen Parkway corridor is really going to be something. It's getting hard to keep up with all new restaurants opening...
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