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texan

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Everything posted by texan

  1. texan
    Radom is one of the most exciting developers to watch right now. I'm so excited that they are getting bigger and bolder with each successive project (Heights Mercantile, MKT, and now this project)! I'm sure I'm not the only one that can't wait to see what their next project is!
  2. texan
    The academic building renovation is complete or almost complete. The residential building has begun construction (I think mainly site work though). The office building will be next and has not started yet.
  3. texan
    This is giving me Domain (in North Austin) vibes. Hopefully this is able to spur some ancillary develops like the Domain has, which started as one development and evolved into a total neighborhood redevelopment by many players.
  4. texan
    Renders from website
  5. texan
    My guess is it will break ground after the next legislative session. Texas A&M Health, MD Anderson, and UT Health Houston all have requested specific funding for it in the form of TRBs in their legislative appropriations requests so they're probably strategically stalling the project. If they don't get the funding from the state, it will likely still go forward, it will just be funded from the Permanent University Fund instead. Also of note is that Baylor COM is no longer listed as a founding institution, I guess they are focusing on the McNair campus. https://assets.system.tamus.edu/files/budgets-acct/pdf/lars/FY22-FY23/TAMHSC.pdf https://www.utsystem.edu/sites/default/files/documents/ut-system-reports/2020/ut-system-legislative-appropriations-requests-ut-m-d-anderson-cancer-center/university-of-texas-m-d-anderson-cancer-center-lar-october-2020.pdf
  6. texan
    Isn't the cap supposed to be on the other side of Downtown (the east side)? Over I-69 and the relocated I-45? The bridge you're referring to is on the west side connecting downtown to fourth ward(?).
  7. texan
    I love the pedestrian alleyways this project has. It reminds me quite a bit of some of the older developments in Tempe and Scottsdale, Arizona. Most of the buildings are only one or two stories but they're packed in very closely with patios and alleyways like this to make them enjoyable during the entire year. I wish that is something we would see more here when low rise buildings are built.
  8. texan
    Just after Houston survived Laura, TAMUS broke ground today on the next phase of Innovation Plaza. The Texas A&M University System is wasting no time! https://www.tamus.edu/texas-am-breaks-ground-on-innovation-plaza-in-texas-medical-center/
  9. texan
    The Texas A&M University System has branded the buildings going up at Innovation Plaza. The building under renovation right now that will open later this year to support the EnMed program (Engineering Medicine) will be called Discovery Tower. The student housing complex will be called Life Tower. And the commercial building with the parking garage will be called Horizon Tower. https://www.nbcdfw.com/news/local/texas-news/texas-am-system-brands-buildings-at-innovation-plaza-in-houston/2393968/
  10. texan
    The Texas A&M University System capital plan has been updated to include their contribution to TMC3 ($100,000,000 building) with a proposed start date of the current fiscal year (ends in August, I believe). This is in addition to the $18,000,000 approved back earlier this year. https://assets.system.tamus.edu/files/treasury/pdf/FY20/Quarterly_Updates_to_FY2020-FY2024_CapitalPlan_3rdQtr.pdf
  11. texan
    I think the idea is to have the people actually providing the care and using the new innovations create them. In engineering, knowledge of operations and how the solution needs to work greatly benefits the design process. Bio-med and bio-tech engineers, while quite talented and useful, aren't in the trenches providing the care (unless of course, they also are MDs).
  12. texan
    The idea is that medicine needs more engineers in the field to make treatment more advanced and cheaper. (Aggie engineer here, student when this all was announced although I'm in aerospace, not medicine) They pitched it to us that in engineering school our way of thinking is changed to a creative problem solving capacity and that we seek to understand instead of just memorize (I've been told by friends that med school professors love having engineers in their classes for this reason). Rather than just knowing what the body does, in med school engineers seek to understand the how and why. They say this would allow us to use that creative problem solving ability to attack the problems head on. Instead of just providing treatment, physician engineers would constantly come up with new solutions- hardware, using data, or otherwise- to treat patients. Essentially, applying the problem solving ability of engineers to the medical field. Really what it is is broadening the pool that medicine pulls from, adding people of new backgrounds, which will definitely make the field better.
  13. texan
    This is a good point, the taller rendering also seems to be a bit higher quality than the shorter one leading me to think the shorter building could have just been a preliminary proposal.
  14. texan
    As someone who takes classes in the Zachry building, I'm really glad the only remaining part of the old facade is a slab of the old wall that was incorporated into a piece of artwork and hung in the first floor. 😅
  15. texan
  16. texan
    Then you may be disappointed as smoking, smokeless tobacco, and vaping were banned on all Texas A&M University System property starting January 1 of this year.
  17. texan
    They're no longer listed as a founding institution. https://www.tmc.edu/tmc3/
  18. texan
    The Texas A&M University System Board of Regents are expected to approve a $109 million research building for TMC3 next week. (Page 25) http://assets.system.tamus.edu/files/bor/pdf/AgendaArchive/2020-02Reg/RegularItemBinderFeb2020.pdf
  19. texan
    Chancellor of the Texas A&M System John Sharp starts talking about some plans for this property in minute 21 of the linked video. Specifically, he mentions 750 units of high-rise student housing. Also of note is he suggested Baylor CoM is dropping out of TMC3. http://mediamatrix.tamu.edu/streams/601899/Faculty_Senate_Meeting_Recording_for_November_11,_2019
  20. texan
    Forgive me for posting an article that's mainly about Dallas but there's some good data in it about Houston multifamily. Houston is supposed to deliver 16,092 new apartments in 2020 compared to 2019's 7,621 apartments, a whopping 111% increase. https://www.dallasnews.com/business/real-estate/2020/01/15/more-new-apartments-opening-in-d-fw-than-any-other-us-metro/?fbclid=IwAR2IzbabH8J0wRXqPmhOCDKQle0EYPYeXWEZhrt89yO3ai5XOkH5nzu-ByQ
  21. texan
    An additional fact is that the Texas A&M Health Science Center is actually a component of the university in College Station, as of 2013, and its College of Medicine was founded as a part of TAMU before being split off to form the Health Science Center in 1999, contrary to his claim.
  22. texan
    http://assets.system.tamus.edu/files/bor/pdf/AgendaArchive/2019-10-31Reg/10-31-2019Consent.pdf I believe this agenda item is for the $625,000,000 figure we've seen for the remainder of this property. This is from the Board of Regents Meeting that will take place next week. This looks like permission to execute a contract for the ground lease for the remainder of this property, hopefully those huge, beautiful buildings!
  23. texan
    I would definitely put my money on it happening. The TAMU System has been aggressively working over the past few years to expand its reach and has been very good at achieving that (winning the contract to manage Los Alamos National Lab, bringing the Army Futures Command central testing hub to campus, getting the Legislature to give it control of the Texas Division of Emergency Management). The “new” A&M System loves big, bold projects. What’s more is that this is a public-private partnership which will generate revenue for the A&M System. One of the most notable PPPs A&M has done is Park West, a 3400 bed student housing complex, it was built for about $245 million and annually generates $20 million for TAMU (projected total return to TAMU of $600 million over the 32 year agreement). In all likelihood, the Holcombe project should be very similar to this and A&M’s other PPPs, opening up ridiculously vast resources for TAMU to further invest in the Health Science Center and TMC. If you simply scale the ROI for Park West up to this project’s initial value (which is a terrible way of projecting the ROI for this project because it doesn’t account for differing agreements, higher value of land in the TMC than College Station, etc), you get a return of $1.53 billion which would very easily fund some health projects TAMU wants to pursue although even this project alone would be a game changer for the TMC.
  24. texan
    225, the page titled "Private Development"
  25. texan
    Here is the latest Texas A&M Board of Regents agenda packet with some big implications for the rest of this property. $625,000,000 public-private partnership. I know hospitals are expensive but even for a hospital that much money has to build a pretty massive building. http://assets.system.tamus.edu/files/bor/pdf/AgendaArchive/2019-08Reg/RegBinder2019-08.pdf
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