DotCom
-
Posts
185 -
Joined
-
Last visited
Content Type
Profiles
Forums
Events
Posts posted by DotCom
-
-
https://www.bizjournals.com/houston/news/2022/04/20/barvin-stella-braes-mixed-use.html
Shopping center near Brays Bayou demolished for planned 10-acre mixed-use development
Apr 20, 2022, 2:12pm CDT
Houston-based multifamily real estate firm Barvin has begun demolition work to make way for a new 10-acre mixed-use development near Brays Bayou south of Southside Place.
The first phase of the development, called Stella & Braes, will consist of a 310-unit Class A apartment community at the southwest corner of Stella Link Road and South Braeswood Boulevard.
Construction is scheduled to begin in the fall with an anticipated delivery of summer 2024.
Barvin has tapped Dallas-based GFF Architects to design the project and Houston-based Brownstone Group to serve as general contractor.
The second phase of the project will feature about 25,000 square feet of dining and retail tenants across several stand-alone buildings, which will wrap around multiple public plazas and green spaces. Construction of phase two is scheduled to begin in 2023.
Phase three construction will begin as early as spring 2024 with expected delivery in spring 2026. The third phase will add another multifamily development with approximately 350 units.
The multifamily buildings will offer studio, one-bedroom, two-bedroom and three-bedroom units, ranging in size from 600 to 1,500 square feet.
Barvin did not provide details about the multifamily developments’ amenities.
Barvin added that its goal for the Stella & Braes development is to create a multifamily and retail community that “serves as a ‘living room’ for the greater Braes Heights area and pays homage to its mid-century footprint.”
To make way for the new development, the company began demolishing an existing shopping center this past weekend. The demo work is expected to be completed this week.
The project is being funded by by private investors, including a significant co-investment from Barvin CEO Eric Barvin.
“I’m thrilled to bring new energy and life into an area that has been so important to my upbringing and now my own family’s day-to-day life,” Eric Barvin said. “As Braes Heights residents, we look forward to continuing to contribute to our own backyard for years to come, and we’re confident Stella & Braes will do just that, becoming a true community space.”
Barvin has grown substantially since the company’s founding in 2009. To date, the company has acquired and developed 6,500 units across six markets for a portfolio worth $950 million.
In 2020, Barvin broke ground on its first ground-up multifamily development, at the northwest corner of Knight Road and El Paseo Street near NRG Stadium and the Texas Medical Center.
The five-story, 281-unit building will have five levels of structured parking. Units in the development will feature large windows — many with views with views of the TMC and downtown Houston — walk-in closets, stainless steel appliances, custom cabinetry, quartz countertops, custom pendant lighting, floor-to-ceiling shower surrounds, Google Nest E thermostats and "smart" locks. All of the units will have LED lighting and Teal hot-water systems as energy-saving mechanisms.
Amenities at the development will include a poolside cabana with an outdoor kitchen and lounge area, a community courtyard with a fire pit and biergarten, a reflection area with hammocks, a yoga/flex room, a bike maintenance area, a package room and a dog park with a dog washing station. Additionally, the development will have a business center with multiple conference rooms, a business lounge, a coffee bar and a resident lounge with a fireplace.
That project, which is expected to be delivered later this year, was designed by Dallas-based GFF. Austin-based Oden Hughes is serving as general contractor.
Jeff Jeffrey
Reporter
Houston Business Journal
-
4
-
-
- Popular Post
From this morning's RNR Bulletin email...no article yet on RNR website. https://realtynewsreport.com/
Mixed-Use Tower Planned Near Galleria
HOUSTON – DeisoMoss, a real estate firm out of Miami, plans to develop a mixed-use tower on Post Oak Boulevard, just north of Westheimer Road and The Galleria.
Plans call for a 2023 groundbreaking for a 552,000-SF building with 100,000 SF of office space, 355 apartment units and upscale retail.
DeisoMoss’ greenfield site, 2120 Post Oak Blvd., is adjacent to a building developed by Stream Realty that was formerly known as the BBVA Compass Plaza.
Like a question mark, the property has remained as a two-acre Uptown lawn for years. Everybody knew it had potential and the question was only when a developer would pull the trigger. For tax purposes, the site is appraised at $11.4 million.
Andrew Deiso and Taylor Moss are the name partners in the DeisoMoss firm, which has offices in downtown Miami.
The new high-rise project has secured some financing. Northwind Group recently provided a $26.1 million first mortgage bridge loan. Surya Capital Partners arranged the financing.
Some observers may gasp at the thought of more office space being dropped into the Houston market where vacancy is sky-high. But new “Class AA” office buildings outperform older properties. I used to think that the “flight to quality” concept sounded like empty sales hype. The new buildings actually do have a special magnetism for tenants.
As far as the DeisoMoss project on Post Oak, please note that much of the tower will be devoted to multifamily.
-
16
-
2
-
-
2
-
-
- Popular Post
- Popular Post
Another article about topping out the Collaborative Building from the Biz Journal.
https://www.bizjournals.com/houston/news/2022/03/23/tmc3-collaborative-building-tops-out.html
Multi-institutional TMC3 Collaborative Building tops out
Mar 23, 2022, 7:09am CDT
JEFF JEFFREY/HBJ
Texas Medical Center President and CEO Bill McKeon noted that the new Collaborative Building marks the first time in the TMC's 76-year history that multiple institutions have come together to build a new facility.
A who’s who of city officials and prominent leaders of the local medical industry gathered March 22 to celebrate the topping out of what will become the first multi-institutional research facility in the Texas Medical Center’s 76-year history.
The 250,000-square-foot TMC3 Collaborative Building is being built as a joint effort among the Texas Medical Center, the University of Texas MD Anderson Cancer Center, Texas A&M University Health Science Center and the University of Texas Health Science Center at Houston.
“The topping out of the TMC3 Collaborative Building marks an integral milestone in the future of life science research and innovation and reflects an unprecedented commitment to collaboration among the four founding institutions,” said William McKeon, president and CEO of TMC. “The lifesaving research and technologies that will come out of this building will truly revolutionize health care.”
The TMC3 Collaborative Building is designed to foster innovation and maximize collaboration among the founding institutions, as well as with academic, health care and private industry partners. A key feature of the building is a 43,000-square-foot research lab shared by MD Anderson, Texas A&M Health and UT Health Houston.
In addition to the joint research lab, the building will include a total of 85,000 square feet of lab and office/coworking space, 14,200 square feet to host strategic initiatives and a 7,000-square-foot atrium that can seat up to 500 people for lectures, weekly programming and informal events.
“It is extraordinary to see the TMC3 life sciences ecosystem emerging from a former parking lot to now completing the structure of the TMC3 Collaborative Building,” said Dr. Peter W.T. Pisters, president of MD Anderson. “This remarkable facility will serve as a hub for the next generation of innovators who will be advancing cutting-edge research, collaborating as teams from the academic medical community and industry, and forging the next great discovery to end cancer. The opportunities are endless.”
The TMC3 Collaborative Building was designed by Boston-based Elkus Manfredi Architects, and Houston-based Vaughn Construction is serving as general contractor.
The Collaborative Building broke ground in January 2021. It is scheduled to be “substantially completed” by August 2023, said Trent Williams, director of capital projects and facilities for the TMC.
During his remarks at the topping-out ceremony, Houston Mayor Sylvester Turner said the TMC3 Collaborative Building will further accelerate the kinds of research that have made the Texas Medical Center a globally recognized powerhouse of innovation.
“When we travel around the world, one thing that is always mentioned is the Texas Medical Center, which is the finest research community in the world,” Turner said. “It truly has made Houston a standout on the global stage.”
Turner also noted that the planned 37-acre TMC3 research campus — of which the Collaborative Building is a part — promises to create 22,000 new jobs and provide a $4.8 billion economic impact to the city.
TMC3 will also include industry and institutional research buildings, a 521-room hotel, a 350-unit residential tower, a mixed-use building with retail and 18.7 acres of public space, including six parks linked in a double helix and 2,000 parking spots.
Construction is also well underway on a 700,000-square-foot building being developed by Boston-based Beacon Capital Partners and life science investment firm Braidwell, which will be the anchor facility for the first phase of TMC3.
Additionally, the first phase also includes the development of the site's massive rainwater detention infrastructure. The detention tank adjacent to Brays Bayou spans 1.05 million cubic feet and will be capable of holding 7.85 million gallons of water.
-
10
-
@Lux My 2-year-old would love playing in this water feature. Can't wait to see the full size mock-up and final installation. Does anyone know if any real work has started on the Helix Gardens (besides site prep)?
-
2
-
-
JLL is listing the remainder of the site for sale...0.69 acres. Looks like it was planned for high rise multifamily.
-
6
-
-
This project is back again. Title should be changed to "North Main Apartments" or maybe "Frame Stella North Main Apartments".
https://scarletcapital.com/index.html#projects
https://www.tdlr.texas.gov/TABS/Search/Project/TABS2022012807
-
8
-
-
Architect and owner won't disclose any info until they go public with a press release about the project, but owner is also COO of Tellurian. This may be a better investment than their LNG export terminal :-)
The Standard On The River: Multifamily At 91 Jensen Dr.
in Going Up!
Posted
This needs a title update. Block Builders (who built the "The Standard in the Heights") is currently bidding this out to subcontractors as "The Bend at EADO". Phase 1 site development to start at the end of May and Phase 2 vertical construction to start in September.