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houston-development

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Everything posted by houston-development

  1. picture from globest.com even though i am absolutely disgusted with the tenants, im impressed with the design. link to article -> here
  2. may take a while to break ground but i would be absolutely shocked if blvd place fell through. seriously. if i had to put a number on it, 99.9% sure it will eventually happen.
  3. ive been told they are staying in highland village. perhaps not in the same spot but will still make out checks to barbouti.
  4. oak lane could have been a successful project but the jv and rehab costs were just too much. rather than converting both phases, they sold phase 2 to zom, who will build a class a+ project.
  5. archstone-smith sold esplanade, so they have to differentiate between the two. as niche said, this project has nothing to do with simmons vedder.
  6. as i mentioned on another thread and has now been confirmed. rest in peace, mike. you had a vision for houston and i hope others can fill your spirit. link Michael David Atlas MICHAEL DAVID ATLAS, 52, our beloved husband father and son, passed away Friday, July 6th, 2007 . He was born in Houston, Texas January 22nd, 1955 and graduated from Memorial High School in 1973, then graduated in 1977 from University of Texas Business School. He loved the city of his birth and spent his life involved in projects aimed at improving Houston whether it was by making it more comfortable to live in or erecting a skyscraper of previously unmatched quality and beauty. From 1977 to 2000 Mike partnered with his brother Brian Smith Atlas at Atlas Air Conditioning Company. Under his leadership, the nationwide company became publicly traded on the NYSE in 1997. Moving on from mechanical contracting, Mike utilized his educational background in real estate appraisal and land development by becoming more involved in real estate, finding properties that intrigued him to purchase and renovate. As his interest increased, he took on more elaborate projects until recently realizing his dream of building a modernist skyscraper in the most sought after location in Houston at 2727 Kirby Drive. Mike was a loving and devoted husband and father, he is survived by his wife Sherri Gorme Atlas, his two daughters Robyn Nicole Atlas and Natalie Brooke Atlas and son Harrison Meyer Atlas. He is also survived by his mother Helene Allen Atlas, grandmother Faye Allen Tucker, mother-in-law Betty Ruth Gorme, brother Brian Smith Atlas and wife Cindy Freeman Atlas all of Houston; sisters Susan Atlas Bryson and husband Steven Bryson of Kailua, Hawaii, and Cyd Sheri Atlas Novak and husband Charles Novak of Atlanta, Georgia; father-in-law Frank Gorme of Poland; brothers-in-law Neil Gorme and wife Laura Gorme and Brian Gorme; sister-in-law Caryn Gorme all of Houston, and numerous nieces and nephews and a great niece. He was preceded in death by his father Sidney Forrest Atlas, grandfather Harry Allen, step grandfather Hank Tucker and his niece Amy Lee Atlas. He was an active member of Temple Emanu El his entire life. Mike served on the board of the Technion Institute and the Anti-Defamation League and was instrumental in the air conditioning of the Holocaust Museum when it was being built. Mike also dedicated time, support and energy to other causes such as Seven Acres and the Crossroads School where he was recently honored, a school for children with learning differences. He loved to travel all over the world from Alaska to the savannahs of Africa, and fishing was one of his lifelong passions. Michael's presence will be missed, both in his close extended family and in the professional community. His sense of humor, charisma and sweet nature are things for which he will surely be remembered as well as his uncanny business savvy and love of architecture. The service to celebrate Michael's life will be conducted at two o'clock in the afternoon on Tuesday, July 10th in the sanctuary of Temple Emanu El, 1500 Sunset Blvd in Houston. In lieu of flowers, donations may be made to Bo's Place, www.bosplace.org or the Building Expansion Fund of 2007 at Temple Emanu El.
  7. yes they were. i just heard of another passing; however, i do not have confirmation other than one source. allegedly, mike atlas passed away from a heart attack on saturday. sorry, but im not going to contact people to confirm a death. thats not how i roll.
  8. in regards to hanover, they plan to break ground beginning of next year. this is not speculation but straight from the horse's mouth. ps - im not calling nor implying anyone at hanover looks like a horse... well, now thinking about it, one person kinda does but thats not important.
  9. just to clarify, the hotel will be on top of 2 to 3 levels of retail. barbouti is actually negotiating with a fitness center to be one of the levels; which personally, i dont get. however, barbouti has a vision of what he wants HV to eventually evolve into. hes got a ton of money and will develop it the way he wants (subject to lender approval of the carve outs). to the mods, sorry for the derail.
  10. i know whats happening at HV but limited on what i can disclose. MAJOR changes coming (relocations, expansions, vertical developments) within the next 12 months. expect a 5 to 10-storey hotel with 2 or 3 levels of underground parking where the gap was. that is all i can say for now.
  11. crows plans to put a parking structure on block 98: rusk, crawford, walker, and la branch.
  12. all of the homes south of the palm reader are gone; nothing but grass and trees. unfortunately i was unable to take pictures because someone decided to steal my camera if you dont want to take my word for it, no hard feelings. feel free to drive over there and see for yourself.
  13. huh? do you remember what midtown, reliant park, tmc south, washington ave, downtown, montrose, etc looked like in the late 80s and early 90s as compared to today? not a chance you would have found me in those areas after sundown. well, except for going to emos, club some, and that dance club in downtown (cant remember name) on occasion
  14. the niche speaks the truth. as a side note, hanover still plans to move forward with 1 tower where the palm reader currently resides. its considered, in their minds, a done deal. doesnt mean it wont happen; however, i would be absolutely shocked and floored if it didnt.
  15. fyi and fwiw - gid closed on siena. thats the property on the ne corner of allen parkway and montrose/studemont. link property was on the market for just north of $150k / unit.
  16. UH OH! unfortunately, i cannot and will not elaborate. because of events that have unfolded in the past week, it doesn't look too good. in theory, it can/will move forward. having said that, there is a heartbeat but it's fading. i know im talking out of the both sides of my mouth but it is what it is. and now i return to my self-imposed sabbatical.
  17. 17,000 wasnt an exaggeration nor did i ever imply it was. i was giving you the benefit of the doubt and was using YOUR 11k and change as an example. im not disregarding anything, im posting information that backs up my statements. sometimes they conflict but overall its the same message. its you who hasnt shown anything other than your opinion. last time i looked, an opinion isnt fact, so stop acting like yours is. on a side note, this is my last post. nothing personal against anyone in particular and i dont mean to appear singling you out, houston. i dont gain anything posting inside information (allegedly) here. 1) im helping my competitors by volunteering information they otherwise wouldnt know (be it directly or someone tells someone kinda thing) 2) regardless of my previous track record, ill still get slammed. i acknowledge that im bringing this onto myself, which plays into this decision. its just not worth it. overall, y'all are a group of great guys and i wish each and every one of you the best in life. since this has gone way off topic (sorry mods), i might as well give one last tid bit. the shriners center, located on braeswood and brompton, will be bidded on by 2 - 4 groups next monday. the winning bidder will probably pay +/- $65 psf for 7.75 A. they will not close until jan of '08 and have around $2m of hard and released earnest money. have a wonderful day
  18. i met with them a couple of years ago about that site. at the time, they were planning on building some type of medical / pharmaceutical (sp?) school there.
  19. you must have missed this post that i made: its a couple of posts above and not hard to find.if you want to disregard ADS and o'connor, more power to you. every apartment developer i know takes their word, especially considering how much their services cost. and by the way, a lot of the properties listed "under construction" broke ground several months ago and will begin leasing shortly. some have already started pre-leasing and waiting for their COs. their timetables are all scattered and you cannot just assume they all broke ground at the same time. heres a clip from o'connor's apartment forecast:
  20. but that defeats the whole purpose of DWTP; then it would be something like POWTP (pulling over while taking pictures). and wheres the fun in that?!?
  21. im not exaggerating nor getting defensive, im backing my statements up with numbers from services that do this research as a business. they are not always right but ill take their extensive research over your "guess" (nothing personal). i guarantee (which is the first time ive said that on these boards) that there will be more than 6,000 - 7,000 units delievered this year. i can think of 5,000 just off the top of my head that will be leasing by summer but what do i know....
  22. i honestly hope you are right and my gut feeling is wrong.
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