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LBC2HTX

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  1. LBC2HTX
    https://www.houstonchronicle.com/business/real-estate/article/Lennar-s-apartment-division-buys-Galleria-area-13841951.php Conflicting account of where exactly the site is located: The Gables project is SOUTH of the parcel that's on the corner of Westcreek/San Felipe and across from Arabella. Based on HCAD it appears that the lot is in fact on the corner of Westcreek/San Felipe. See Parcel A (BELOW)
  2. LBC2HTX
    Yeah this spot is way behind schedule, but that’s probably okay given that there’s a lot of buzz around Finn Hall at the moment, plus the soon to open Bravery.
  3. LBC2HTX
    Going to have retail locations for Fidelity, TD, and Schwab within a block of each other.
  4. LBC2HTX
    Did service Corp also purchase this land?
  5. LBC2HTX
    Atrocious.
  6. LBC2HTX
    Unless that's today's news, its several years old.
  7. LBC2HTX
    I agree. According to HBJ, Chevron has 8,000 employees downtown, which is over 3,000 more than Anadarko's company-wide headcount. Anadarko has 1,500 employees in Hackett Tower, the newer of the two. 1400 Smith (1.2m sqft) and 1500 Louisiana (1.3m sqft) are almost double the size of Allison Tower (800k sqft) and Hackett Tower (665k sqft). The third Chevron tower is planned to be 1.7m sqft and have room for 4,200 employees. So even if they kept all Anadarko HQ employees (they wont), they could all be absorbed into the new Chevron tower. In order for downtown employees to be accommodated in the Woodlands, they would have to reduce headcount (by thousands) and build at least 1 massive office tower.
  8. LBC2HTX
    Agreed. Given the timetable of integrating the merger and planning divestitures, construction design/lead times, etc. its no surprise that there are no plans "in the foreseeable future". Even if they do want to maintain a presence in the woodlands, its unlikely they'd keep both anadarko buildings. Keep in mind that Chevron not only owns the lot on which the third tower is planned, but also two catty corner lots off milam. So consolidation downtown makes a lot of sense.
  9. LBC2HTX
    Even better 😎
  10. LBC2HTX
    For a map of opportunity zones see here: https://www.cims.cdfifund.gov/preparation/?config=config_nmtc.xml Filter the layers menu on the right hand side.
  11. LBC2HTX
    It’s not the building already in progress is a sales building
  12. LBC2HTX
    I agree this is neither Studemont Junction nor Lower Heights district and it’s not even on the same side of target as those two developments. There was definitely a topic for the apartment development on the corner of Taylor and Spring but I cannot seem to find it either.
  13. LBC2HTX
    https://www.tonymandolas.com/our-story/
  14. LBC2HTX
    https://www.eltiempocantina.com/about-us/
  15. LBC2HTX
    Yes, its a part of the ROW under the transmission lines. However, stonelake repaved the area behind the apartment midrises so I would presume they would do the same after construction of the office building. Though, they may wait until the final parcel is developed.
  16. LBC2HTX
    Underground is expensive
  17. LBC2HTX
    Nope. Great addition. Also news that Revolution studios will be moving in next door to the Rustic, and that they’ll be giving Belvedere the boot.
  18. LBC2HTX
    RO Baptist school.
  19. LBC2HTX
    Duplicate topic
  20. LBC2HTX
    Warby Parker coming to Highland village (in the space being built out in the above photo). http://www.shophighlandvillage.com/shop/warby-parker
  21. LBC2HTX
    Used to be Valobra Jewelers. Not sure if they’re remodeling or if they left and HV had someone lined up to replace.
  22. LBC2HTX
    If you read the article you’ll notice that the $12m isn’t just for a new playground.
  23. LBC2HTX
    People that choose to pay that much in rent are those for which $3,900 would not get them a home that they'd want to live in. They'd want to live ITL so you're at a minimum spending 700k for anything they'd even consider. Putting 20% on a $700k house would be $2,670 (4% interest) + property taxes puts you at $4k a month. Believe it or not, the people that pay that much in rent are those that are waiting to buy (or just downsized) a home that's more expensive than 700k.
  24. LBC2HTX
    What's prompting the question on Skyhouse? The fact that there were 3 built here (whereas every other city they've built in only has one) would indicate they did well.
  25. LBC2HTX
    Awesome. That's a better location for them anyway.
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