Skyboxdweller

Rug stores seem go to have a strategy of being the last tenant in properties about to go under the dozer.  I guess they don't need much in terms of build out, other than a paint mob and some track lighting.;  Inventory fan be moved in a large moving van in a day or two.

I live in Four Leaf Towers and have a view of the site.; I try to walk a few miles a day.  I noticed that the rug store had one of  huge sale signs plastering its windows yesterday, but couldn't read the actual words.  They also seem to have pulled a sewer line and capped it.  My hunch is that its a question of financing and what's going on in the debt markets for hotel/apartment properties and on a project specific basis there is a big factor on where the Houston economy will be over the term of the financing.  
There are plans for two additional hotels on this strip and three across 610 in the not quite River Oaks district.

6 hours ago, ekdrm2d1 said:

From today

 

 

 

 

 

 

It's going to be a noisy 18 months at the Cosmo.  I lived there during the construction of the BHPBilliton tower. I left with audio hallucinations. 

It's going to be a noisy 18 mos for those living in the Cosmo.  I lived there during the construction of the BHP Billiton tower.  I left with audio hallucinations.

Demolition fencing going in today;.

I noticed that they are not proceeding with tree planting, concrete base and paver surface along the Post Oak 
Blvd frontage and have just paved the sidewalk with asphalt. This could be an indication that the property owner is planning on starting demo construction soon.  Same deal on the northwest corner of San Felipe and Post Oak where the Dinerstein bldg is planned. 

Pouring the pool deck and surrounding structures today, 

Uptown Park continues to clear out. It was reported today that the UT Coop is leaving the retail center in early September.  The pod where it exists already has several vacancies, and more exist elsewhere in the development.  Could the owners be letting the leases lapse in preparation for redevelopment?

I've lived in this area since 2001, including 90 days at the Hotel Granduca.  I walked through Uptown Park the other day and noticed that for the first time there were a number of vacancies, some with considerable space. In addition to Anejo, there was a restaurant called Champps (?) that had gone black, in addition to the Baker furniture space and several other smaller storefronts.  Add structured parking and you could thoughtfully redevelop and intensify the land use. 

Well as taught by Donald Trump, there are floors and then there are developer's floors, facts and alternative facts.  In commercial real estate, apparently everyone in the game feels better living with the lie.  

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I live in Uptown and believe that its the most integrated mixed use neighborhood in the city.  Nowhere else do you get the density of apartments, offices, retail, restaurants and hotels. Since I moved here  the Memorial Villages I have become less car-centric and I make a point of walking to the pharmacy, bank, supermarket, retail store , etc. in all sorts of weather. I even walked my Thanksgiving turkey into the house from Whole Foods.   I don't think Midtown has as anywhere near the green space that we have in the Galleria/Uptown area  and our TIRZ has done a great job with the streetscape, including sidewalk lighting , to encourage pedestrian activity.