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houston-development

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Everything posted by houston-development

  1. it appears that atlas has about a 30 day window to move forward with his current structure. ps - i didnt know this forum had an ignore feature. good stuff
  2. ill make sure that when i do reveal my sources, you will be the first to know. until then, dont read my contributions to this form. deal?
  3. a buyer is looking at the deal for high-rise apartments. his underwriting is realistic and thinks the deal can work... owners want $180 psf based upon an "appraisal" (pfht, yeah, right).
  4. my two cents: as someone who has given this forum plenty of inside information, in which i will put my accuracy rate up against anyone, without ever asking nor expecting for anything in return, take your suggestion and shove it where the sun don't shine. have a nice day.
  5. i wish that i had taken some pictures on my way home. nice shots buffalo bayou park was completely flooded out. the gazebos were almost completely submerged with only the peaks poping out of the water.
  6. back on topic, sorta.. the downtown park was suppose to have its official ground breaking yesterday but obviously got washed out.
  7. i head some news that was not encouraging. freemont did in fact commit to make the construction loan; however, the reservations did not all roll over into hard contracts. freemont renegged and wants more behind the signature, hence the reason for a new partner...
  8. Yeah, that token blonde sure doesn't look out of place
  9. walmart does have a new concept store, which i believe is called "the market". high end wines, organic food, and gourmet like goods. the one i saw was in bentonville: free-standing, about 10-15k sq ft in size, very up-scale, and in all honesty, i couldnt believe it was a walmart. seriously.
  10. well since this thread has gone completely off topic, im gonna add my $0.02 when i first moved back to midtown, i enjoyed walking to the store, starbucks, bank, restaurants, etc. however, after being greeted by numerous :insert pc term:, i decided that enough was enough. while it would actually be easier to walk two blocks down, i get into my car and drive to my destination. regardless of what is built and how pedestrian friendly the establishment is, people will get sick and tired of being begged for spare change. /rant
  11. prior to selling oak lane, mike was scratching to find equity... maybe he didnt pull out that much equity from it.. as i said somewhere in this thread, most of the "buyers" were left-over from the proposed highrise at the houstonian. those guys were pretty tough and one of the reasons the deal failed. if the buyers arent real and they cant get the presales, the deal will not get financed.
  12. a park? pfht! the possibilities are endless cvs liquor store pawn shop nudie bar repair shop i mean the list goes on and on. trees? we dont need no stinkin' trees. just kidding
  13. WELL I NEVER! but seriously, ill elaborate. allegedly, freemont has approved financing and atlas sold a portion of oak lane (+/- 5 a) to zom for redevelopment. so in theory, his has financing and equity in place. i am confident the deal will move forward HOWEVER if he doesnt hit his presales number, the deal is dead. tnj is absolutely correct when it comes down to our information. hence the reason i never give a 100% certainty unless im that confident in my source (ie downtown park and fingers tower)
  14. i think thats crows deal. will build apartments and getting about $1.70 psf in rent. Trammell Crow heads Uptown with Alexan Houston Business Journal - July 28, 2006by Jennifer DawsonHouston Business Journal Print this Article Email this Article Reprints RSS Feeds Most Viewed Most Emailed Trammell Crow Residential has selected Post Oak Boulevard -- which is being marketed as the Rod
  15. the downtown park has broken ground and finger will in january. the tower will be called "one park place"
  16. about 90%... he had some major issues that recently got resolved. he is going to start clearing the site soon, BUT he will not technically break ground for another 9 to 12 months. the property will be on three blocks with the main building wrapped around a 6-storey parking garage and the other two connected with catwalks. he will have the swimming pool on top of the garage with some pretty sweet views. not saying its the "right" way to build it but different strokes for different folks.
  17. are you sure thats the right site? VIBRATION CONTROL | NOISE REDUCTION | SOUND MASKING | HELP INSOMNIA | ACOUSTICAL CONSULTANTS
  18. farb is at least 12 months away from ground breaking
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