MD Anderson President Peter Pisters, UT System EVC John Zerwas and MD Anderson AVP Chris McKee observe TMC3 transformation

47 minutes ago, Highrise Tower said:

The end of the site is not being worked on. The surface lot and trees are still there. Hope there isn't problems with Majestic Realty and the hotel.

The hotel & conference center parcel is NIC, right?  Wouldn’t Majestic be responsible for its own site work?

1 hour ago, H-Town Man said:

I wouldn't place too much hope in anything involving BCM. They have been a whirlpool of mismanagement for at least 15 years, during which time two merger suitors (Rice U. and Baylor U.) walked away and their USNWR rankings have trended steadily downward, although still at 22nd (they were 12th in the late 90's). I'm not sure they ever really recovered from Tropical Storm Allison. The only thing sadder to watch at TMC has of course been their institutional partner, CHI St. Luke's.

The renderings in the video for their buildings are pretty neat though, so let's hope they get it together.

Never underestimate the power of beliefs, both positive and negative, in creating self-fulfilling prophecies.  CHI St. Luke’s is quickly advancing additional cancer-focused development on the McNair Campus, and BCM needs to escape the aging Cullen Building that’s inadequate for 21st century medical and scientific training.  I’m positive on BCM’s downstream TMC3 involvement, and hopefully Dr. Klotman and BCM’s philanthropists will make it happen.

This parking lot and the hollowed out Barbara Jordan post office hosted the Day for Night electronic art and music festival in 2016 & 2017 (https://bit.ly/39WeU4e). I hope that the new Post Houston development can bring the same energy and vibe as those awesome weekends spent in downtown Houston.

1 minute ago, H-Town Man said:

I think he means literal groundbreaking, not ceremonial groundbreaking.

Yep.

18 minutes ago, HOUCAJUN said:

How do you know this?

Road milling machines currently filling up dump trucks on the west side of William C Harvin Blvd.

Groundbreaking is underway at this time :) Road milling machines are chewing up the surface parking lot behind the MD Anderson 1MC building.

Texas Medical Center, TX -- Moody's assigns A1 to Texas Medical Center, TX's Series 2020 A&B; outlook stable

USE OF PROCEEDS

Proceeds from the Series 2020A bonds are expected to be used to pay a portion of the site development costs associated with the TMC3 campus and costs of issuance. Proceeds from the Series 2020B bonds will be used to pay TMC's share of a collaborative research building, underground parking including capitalized interest and costs of issuance.

Mikyoung Kim gets Architect’s Newspaper nod with “Unbuilt Landscape” Editors’ Pick for TMC3 landscape design.

TMC3 Development Corporation, TX -- Moody's assigns Aa1 to TMC3 Development Corporation's (TX) 2020 lease revenue bonds (TAMUS); outlook stable

USE OF PROCEEDS

The proceeds will be used to construct, improve and equip the System's leasehold interest in the shared Collaborative Building on the TMC3 BioResearch Campus and to pay the costs of issuance.

On 11/17/2020 at 9:51 AM, Houston19514 said:

 

I think it's about in the middle, on the west side of the Double Helix.  Maybe Parcel C?

Definitely Parcel C

As of 2016, there was a publically proposed ground lease at 3000 Corder Street to Halo House Foundation for the construction and operation of medium-term cancer patient housing.

It appears that Texas A&M Board of Regents will be discussing their $109M TMC3 Biomedical Research Building, the nearly complete $87M En/Health Building renovation and the $401M private development TAMU Health Plaza at the upcoming August 20, 2020 meeting (see p250).  We’ll learn more during the 4:45p CT session (live stream and agenda below).  I’ll gladly share any information that I can gather on the aforementioned projects from attending the standing/special committee reports presentations.
 

https://www.tamus.edu/regents/wp-content/uploads/sites/28/2020/08/BOR-SCHEDULE-2020-08-20-rev-8-13-3.pdf

https://tamus.mediasite.com/Mediasite/Play/b81c91983b4745a1b74abb48997c7fce1d

I’m not certain if this master plan (https://ibb.co/GPJ1b3N) has been shared on this forum, but it was extracted from Dr. Doug Lawson’s November 2019 McNair Campus Legislative Open House tweet.  Additionally, in the referenced July 2020 YouTube video, Dr. Paul Klotman references both TMC3 and the McNair Campus expansion (see 10:44 - 13:00).  Specifically, he references BCM’s proposed “education building” (i.e., medical school relocation) and “population health / big data science building”.  I presume that the population health / big data science building (Parcel D) will be just across from the TMC3 collaborative building (Parcel C), and that there will be a connecting bridge from Parcel D over to the large tower that I presume will be the new BCM medical school building.  Considering this very recent statement from Dr. Klotman and the current work already underway at Staffordshire/OST, I believe that both TMC3 and the McNair Campus are nearing an inflection point and rapid expansion.

https://www.hines.com/news/hines-and-2ml-real-estate-interests-to-build-levit-green

Synergism or competition with TMC3?  The CHRON references to Kendall Square in Cambridge, Mass. and Mission Bay in San Francisco are lifted directly from the TMC3 playbook.  An amalgam of life science clusters from 288 to the TMC would be a beautiful thing, and it’s going to take massive CRE Life Sciences investments, in addition to TMC3, for Houston to rise by leaps and bounds in the U.S. Life Science cluster rankings (JLL, CBRE, etc.).  Thoughts?

Synergism or competition with TMC3?  The references to Kendall Square in Cambridge, Mass. and Mission Bay in San Francisco are lifted directly from the TMC3 playbook.  An amalgam of life science clusters from 288 to the TMC would be a beautiful thing, and it’s going to take massive CRE Life Sciences investments, in addition to TMC3, for Houston to rise by leaps and bounds in the U.S. Life Science cluster rankings (JLL, CBRE, etc.).  Thoughts?

Per the Houston Planning Commission, this plat requires a public hearing and a complete application that has yet to be provided by the applicant.  As such, Blossom Hotel and Suites was not considered at the May 28, 2020 VPCM.  Once the applicant provides a complete application to HPC, the commission will establish a public hearing date and updated signage will be posted on the property to notice the public.