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MarathonMan

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Everything posted by MarathonMan

  1. I second that motion! the Galleria is just plain UGLY on the outside.
  2. Excavating crews busy on-site today. Demo was complete last week, so this is a good sign that they're beginning the construction phase. Fingers crossed!
  3. Demo keeps progressing... over half way gone! Nice little pit dug in the NW corner, too.
  4. I don't think this area needs much of a catalyst... It seems to be doing just fine on it's own. But the park will be a great addition!
  5. I'm certainly not a structural expert, but the columns on this garage don't look substantial enough to support a 38 story tower. Is the tower still part of the long-term plan for this project?
  6. My gut tells me downtown will continue to draw new tenants faster than surrounding areas... It's coming to life as residents continue to migrate in; new hotels, restaurants, bars are delivering; the adjacent Buffalo Bayou Park is finished; and the Super Bowl buzz will soon skyrocket. New retail is inevitable. Downtown is going to be the new "It" place to live.
  7. Could it be that the low downtown occupancy rates are misleading? With so few established units downtown, the initial high vacancy in newly-delivered properties will significantly decrease the occupancy rate for the sub market, as those new units make up a significant chunk of the overall inventory. In a different sub market, where there are already many more thousands of established units, new deliveries of a few hundred units won't impact overall vacancy rates much.
  8. I run through downtown several times a week and check out the progress of developments along the way. It seems like the new residential developments downtown are filling up fast -- Skyhouse, 500 Crawford, Block 334. Question on for debate: While the Houston market as a whole may be saturated, could the downtown sub-market be far from saturation since it's population density is so low to begin with? I'd submit that downtown is catching the eye of more and more people. It's got a lot to offer and I think will be close to critical mass as current under-construction projects deliver. Retail will surge and additional residential will follow. Seems to me like downtown is low-risk for financiers and developers.
  9. This building is going to be beautiful! I love the fact that the parking is hidden.
  10. The port-a-potties have been there for months. The site has been stagnant, save the Damian's Cucina Italiana trucks that park there, since Rosalie St. was closed.
  11. Agreed! Weights and Measures, Thien An Sandwiches are close to this block and do very well. A well-managed coffee shop and/or other business could do very well here, especially with the continued residential development in the vacinity. It seems like not adding retail is a lost opportunity. McGowan, in general, could be a nice little retail business strip if people give it a chance. On a side note, the pool seems I'll-placed on the north side...
  12. Ugh! Is it really too difficult to design a parking podium that enhances, or at least blends with, the rest of the building?
  13. Based on the rendering, isn't there a structural element to go above the top full floor? Would that postpone any tree ceremony?
  14. I don't really care to quibble over semantics. There was a publication that specifically mentioned a November start date, but after a quick search I couldn't find it. But, yes, technically you are correct. It doesn't mention November in the link I posted.
  15. November was the start time the developer mentioned in an article published in March. January is the updated start time, as stated in the July publication.
  16. Is it a tax issue that's driving large corporations out of downtown? Or, do they just not like the downtown environment?
  17. American Liberty Hospitality. Aren't they the folks who just put up the Hampton Inn/Homewood Suites downtown? Should be interesting to see how this project looks when complete!
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