JR3985

I was driving down Sage this morning to ge my breakfast at Chica Fila, and could not help but notice the huge crane that is imbetween the apartment complex 3000 sage and the new shopping center still under construction. It is much taller than the one they have up at the Holiday Inn construciton site. Does anyone have any idea what they are building? Just curious.

Thanks!!

Do you have a link??

Very Nice!! Cannot wait to see it going up!!

Do you all have any renderings of the project? Where will it be located in downtown?

Does anyone have a pic of the building?

Here is another article!! City acquires land for downtown park Jenna Colley Houston Business Journal The City of Houston plans to groom a 13-acre park in front of the George R. Brown Convention Center to serve as downtown Houston's cultural core. While speaking at Central Houston Inc.'s annual meeting Tuesday, Mayor Bill White announced that the city has acquired 5.29 acres from Crescent Real Estate Equities Ltd. to complete the municipalities' ownership of the "Superblock." That zone includes space in front of the convention center and a block immediately to the west - all of which will be made into the urban park slated for opening in late 2007. The new central park would entail over $35 million in private contributions, according to the mayor's office. "Great cities preserve land for public plazas, parks and gathering places for the future," said White. "We now have an opportunity - probably our last opportunity as a city - to create a place like that for us in Houston's central core. A new major park will be an enduring legacy for our efforts to improve Houston's quality of life." Eighty percent or more of incremental funds required to complete the acquisition and development of the park will be raised from private sources. Design and development will be accomplished through a private/public partnership. White currently is working with a number of interested individuals and organizations to secure the private funding required for site acquisition, design and construction. The schedule calls for site acquisition to be complete by the end of 2004, pending Houston City Council approval of the project and agreement with those private funders. Design is scheduled to begin in 2005 and construction will commence in 2006. A main driver behind the park is it's impact on attracting high-quality, mixed-use urban development, with residential, retail and uses that complement the convention center and sports facilities. "Real estate experts believe that the park will sharply accelerate responsible growth within the city, strengthening the tax base of the city and county and school district, and allowing the taxpayers to recoup this public investment," said White. None of the city's contributions will be funded through property taxes.