AREJAY

Update; the survey/abstract this is located in contains Main Street from roughly Leeland, south to around Oakdale

That would put it right where the Museo Plaza is proposed, and coincides with Cranky's post this morning:

 

 

 

This is still a possibility. The developer is asking the city to abandon Palm street as depicted in the renderings. The NIMBYs are are starting to band together  

​Lunch break spyshot. She's officially cleared the hedges 

A few listings on HAR 

http://www.har.com/71-crain-square-blvd/sale_69670364

http://www.har.com/73-crain-square-blvd/sale_64351838

4,630 sqft @ 1.8 million and 3,079 sq ft @ 1.25 million

Now with Texans banner

Can someone please help those who don't own a chron subscription out and just post the article?

 

Thanks!

 

--Non subscribers everywhere

Do a google search for the title of the article, click on the first link and enjoy 

I see your
 

chiRopractor/realtor-turnEd real estate Developer, peculiar site, Fanciful amenities, heLipad, lArge-scale proposal, unnamed foreiGn investorS.... 

 

sounds legit.

and raise you

chiropractor/realtor-turneD real estate develOper, peculiar site, faNciful amEnities, helipaD, largE-scAle proposaL, unnamed foreign investors.... 

Via Swamplot 

This is being built on the current Shell gas station?

If i had to guess, it looks like it would be at 500 N Shepherd or 580 N Shepherd; a few blocks north of the Shell station.

http://www.loopnet.com/Listing/18447897/500-N-Shepherd-Dr-Houston-TX/

Those lots fit the description on size and location, they are currently warehouses. 

3930 and 3910 Kirby Dr hit the demo permits today.

Here's the old Colliers listing for the $25M 4.128 Ac plot

http://har3.commgate.com/photos/pdf/fs/217585_1.pdf

Do we know what that rooftop terrace / floor on top of the parking garage, facing downtown, is going to be?

I looked through the renders and couldn't see it drawn up anywhere.  This would be cool if it's going to be a bar / restaurant.

 

Full Article: http://urbanedge.blogs.rice.edu/2015/11/20/the-texas-medical-center-has-ambitious-plans-for-a-new-houston-campus/#.Vk92knarSM-

 

Right now, the proposal is still largely conceptual. The TMC hasn’t figured out how to fund the vision, dubbed the “TMC3 Innovation Campus,” and officials have said it could cost $1.5 billion.

 

Another hurdle facing the TMC is how to get the institutions that would serve as the anchors of the new facility — University of Texas, Texas A&M, M.D. Anderson Cancer Center, and Baylor College of Medicine — to figure out a way to jointly support it. Historically, medical center members have been famously competitive.

“The state agencies … find it complex to come together and share common space,” said Robert Robbins, president and CEO of the TMC, at a Kinder Institute event Thursday night intended to analyze the project.

This article makes me anxious... too much doubt!  Please make this happen.

http://www.houstonchronicle.com/local/education/campus-chronicles/article/Is-UT-s-Houston-land-grab-illegal-6646162.php

 

After hearing Thursday that the University of Texas's purchase of 332 acres in Houston was a "land grab" and an "invasion" of UH territory, Tilman Fertitta, the chairman of the University of Houston board of regents, floated a question to the lawyer in the room.

 

"If we were to litigate, which side do you like?"

UH would be on "the side of the angels," Michael Olivas, director of UH's Institute for Higher Education Law and Governance, responded.

The state's higher education commissioner, Raymund Paredes, who oversees the coordinating board, has questioned whether such an expansion is a good use of state resources. Paredes told the Chronicle that he is worried a new UT site might create unnecessary competition for UH and might duplicate services in a major metropolitan area that already has several universities.

 

Interesting, that when the news first broke, this was the headline:

UH 'not worried' about UT's Houston move, just 'want respect' 

http://www.chron.com/local/education/campus-chronicles/article/Concerns-over-UT-Houston-plan-growing-6641846.php

 

 

"There is room in Houston for multiple academic and research opportunities – in fact, a proliferation of these types of opportunities is endemic to a thriving, modern, world-class city," McRaven said. "This is about advancing Houston, and what that could mean not just for Texas, but for our nation. This is preparing for the future, not the present. One only has to look at the growth and impact of the Texas Medical Center to imagine the possibilities."

McRaven said UT's plans are not about competition. 

The new UT site in Houston could bring great opportunities, McRaven and Paredes agree -- including possible collaboration with public universities such as UH and Texas Southern and private schools like Rice and St. Thomas. "The University of Houston is a great institution – recognized by the Carnegie Foundation for its impressive research activity and becoming more nationally competitive every day," McRaven said. "Bringing more of UT to the city of Houston and creating an intellectual hub in the city in no way creates competition for the University of Houston, nor do we see this as a UT versus UH scenario."

Because prime locations cost a lot more money.

Which is exactly the reason micro-units would be a lot more desirable in such a location. 

I think it'll be that upscale Mexican Brand. I forgot the name.

Is it "la doble U" ?

http://www.bizjournals.com/houston/blog/2015/11/experts-weigh-in-on-how-much-ut-paid-for-prime.html

 

The University of Texas System announced Nov. 5 that its board of regents approved the purchase of more than 300 acres in southwest Houston. That land could be the catalyst for future development in the region, experts say.

 

The land itself is close to other major organizations and facilities, such as theTexas Medical Center and NRG Park. Almost more importantly, though, are plans for a light-rail line that will extend to the campus, said Tom Dosch, executive managing director for ARA Newmark.

 

Dosch and Dillon Mills, an analyst at ARA Newmark, speculated land that size could go anywhere between $3 to $5 per square foot. At 300 acres, that values the land somewhere between $39 million to $65 million. In addition, it's likely the deal comprised several dozen sellers, as the property is already divvied up, Mills said.

Here's a quick update picture that i took yesterday. Looks like the garage is 7 total stories, with one underground level.

Can anybody dig up some renders of this anywhere?

The additional two towers are on hold, for now...

http://www.bizjournals.com/houston/blog/breaking-ground/2015/11/after-galleria-area-tower-sells-phase-two-on-hold.html

 

 

Preston Young, regional managing partner for Dallas-based Stream, said the sale showed that interest from outside investors is still strong in Houston despite low oil prices.  

Still, he said the fundamentals of the market mean the phase two office tower proposed for 2100 Post Oak Blvd. is on hold for now. According to TRC Capital Partners' website, the proposed project would include 343,000 square feet of high-end office and retail space on 29 floors.  

"Last year, we made the decision to put pencils down on that project for the time being. Not only would it be difficult to achieve financing for a spec office project right now, the fundamentals aren’t right," Young said 

"A similar thing happened with phase one," Young added. "We originally had plans in 2007 to push the ball forward on development, but the Great Recession put the project on hold for 18 to 24 months, and we broke ground in 2011. Right now, we’re in wait-and-see approach with phase two."

Plus, if we got rid of our feeders, the word itself would die along with them; they would forever only be known as "access roads"... 

http://www.bizjournals.com/houston/news/2015/11/05/medical-office-building-proposed-for-the-heights.html

 

A proposed medical office building would be the first developed in the Heights since 2007, according to Transwestern.

 

The Houston-based real estate firm has been selected to provide leasing services for the 15,000-square-foot building, called Heights Central. The building will be at the northwest corner of Studewood and Omar streets and is expected to be complete in the fourth quarter of 2016.

Did a little digging, but not much that i could find...

It looks like Wilson Supply (pipe and tubing supplier for O&G industry) was bought by NOV in 2012, and spun off later in 2014 as Distribution Now.

Also found this listing, with the warehouse / office space for lease:

http://s.lnimg.com/attachments/099E1CCC-245F-4EE8-9733-D1FF199B8C08.pdf