Skyboxdweller

I enjoyed sitting in the Adirondack chairs and ordering sushi to go on my iPhone earlier this month.  

Just now, Skyboxdweller said:

 

Cost plus Is closing their store at the end of this  month that is next to Best Buy .  The here is a vacant parcel next to that Strip mall . With a Rosewood Hotel at the McNair dote the south side of the street is ready for redevelopment . 

16 hours ago, Highrise Tower said:

 

They completed the utility and road reconstruction and stopped. There hasn't been any activity in a month.

 

The name of the city has been changed to protect the innocent. 

They could be financially strapped due to the pandemic ... In a year, when things get back to some semblance of normalcy it will be a good time to be in the hospitality business.  Right now, I'm sure many restaurant owners are operating at a loss. There are many hotels in Houston that are delinquent on their mortgages, including the Hilton Post Oak.  

Lovely infill building . 

Love this building in the late afternoon. 

 It looks like this project is going to replace a surface parking lot.  Too bad they didn't go for broke and buy the empty lot next door where the a two story Tudor-style garden apartment condo used to be circa 2012 when I lived in the Cosmo. 

I'm 64 and my body is better now that it was when I was in my 30s and working 24/7 at a Manhattan law firm and commuting 2 hours a day into the city from the burbs. Three hours a week in the condo fitness center and walking on alternating days seems to work for me. 

Love the skinny profile while looking north on Post Oak blvd.

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On 10/23/2020 at 11:40 AM, jmitch94 said:

God I dream of making as much money as this apartment costs. I just cant imagine spending that amount while building zero equity.  

Owning makes sense if you intend on living in some place for at least 7 years.  The transaction costs in and out, and the fluctuations in the market , make short term ownership risky and expensive.  If you are a consultant, lawyer, investment banker  or corporate professional and your career path includes moving from office to office or moving from one employer to another, potentially in another city, then ownership isn't that desirable. 

I think that Post Oak Central would be a great location for an upscale event space.  The evening and weekend use would complement the office development day use, the park would be a lovely place for a wedding and there could be rooftop bars, terraces on the rooftops of the middle building.  I often walk there and use the space to call my family or read my mail.  The fountain is roughly the size of the one at Lincoln Center in NY and is a great place to cool off and reflect on the day.  I also like the way that the triangular park is offset by the one at the Hilton and taken together is a great public square, although still privately owned. 

The retail area beneath the parking garages at Post Oak Central has large vacancies and could be revitalized.  It  would be great to get some restaurants in there and would be a decent location for the educational supplies store, Whole Earth Products and the Container Store.  There should be sufficient parking available. 

Uptown has three parks:  the Water Wall, Grady Park and the small pocket park on San Felipe.  

The only thing I know about structural engineering is what I learned by osmosis after spending a night at the Boll Weevil Motor Inn, in Elba, Alabama, but an inquiring mind asks:  Do the columns taper as the building ascends or is it my imagination?  I could probably identify three or forces they have to deal with, but that's about as far as my knowledge base extends.