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swtsig

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Everything posted by swtsig

  1. swtsig
    there's no real classification system for office properties - it's all marketing more or less. AA/A+ is commonly used for the newest asset classes, though.
  2. swtsig
    part of the benefit of memorial park now falling under the uptown TIRZ (i believe that's the correct authority) will include much better bike and pedestrian connectivity from uptown to memorial park. i'd assume bike sharing would be a part of that plan.
  3. swtsig
    Not sure about recladding but I’ve been told the building will undergo major renovations.
  4. swtsig
    man houston has really come up the last few years if this is what passes as a "shit sandwich" nowadays. i would've killed @CREguy13 for consistent mf projects like this 5-6 years ago. carry on.
  5. swtsig
    they were in talks on a very large scale redevelopment in the immediate area, very very early stages though. no clue of its current status.
  6. swtsig
    i count 33 as well but the top floor of the podium and the penthouse floors look to be double height so this should have the scale of a 35-story tower, give or take. although i still preferred the original jenga-style design, this turned out better than what i was expecting. fences are up so hopefully they break ground soon.
  7. swtsig
    it's not bad... certainly better than nothing. one has to assume they're saving the park facing portion for at least a couple of high rises.
  8. swtsig
    there is an apt component to the mkt project behind the existing 5 story structure... not sure if that's what this is or not.
  9. swtsig
    Received confirmation that the distinctive “twist” in the hotel/condo design has been done away with. Another classic bait bait and switch... Yay houston developers!
  10. swtsig
    the developer is indeed in talks with target at this location. just FYI.
  11. swtsig
    i think the phrase "beginning phase of developing" implies they're still in the conceptual phase.
  12. swtsig
    https://product.costar.com/home/news/82261314?market=14
  13. swtsig
    yes, it's Davis Contreras Partners so yes, Randall is involved.
  14. swtsig
    that's not a knife, that's a spoon!
  15. swtsig
    I heard that Hines let the contract expire for this site so this may be conceptual renderings from a new developer. I doubt they're from Hines as this isn't an architect they'd likely use nor would they do all condo. just my educated guess on the last two points.
  16. swtsig
    before everyone gets all excited the mayors office already came out and said there are no current plans for the city to help bring an amusement park to town, only that the mayor would welcome a private developer to do so.
  17. swtsig
    this matches what i was told well over a year ago that midway had acquired the site where andes cafe was located with the intent on building a midrise MF project with GFR. the appreciation of land prices and rental rates in EaDo has been nothing short of spectacular.
  18. swtsig
    midway backed off of the sakowitz site, at least they had as of a few months ago.
  19. swtsig
    but that's not what they're referring to when they say phase I and II. The initial phase of the development was the hotel and apt tower. Phase I as they are referring to it here is for a 500,000 SF medical office on top of 1700 parking spaces. Depending on floor plates that's about 19-20 stories of office on top of another 6-8 stories of garage plus a floor of retail. Due to the balconies you can see quite clearly that the residential high-rise units are situated above the office component. My guess is they'll wait to see how their office leasing velocity is during pre-development while at the same time gauging the multifamily or condo market and make a determination from there. if they think they can lease 1M SF of office or actually get the preleasing they'll build more office and less residential.
  20. swtsig
    keep up the good work, Jan!
  21. swtsig
    that might be the lobby for the office component. recall that hanover is moving their offices into this building.
  22. swtsig
    the shops/4hc is far trickier - apparently a lot of the MEPs run along the outside of the structure so just "opening it up" isn't really feasible. as of now it's still somewhat of an unknown but it sounds like their preference is to bring in a real grocer... whether or not they can is another story. all in all brookfield and gensler have done a great job, though.
  23. swtsig
    i believe he meant "assy gases"... hanover is getting into the wastewater treatment game.
  24. swtsig
    i'd like to think that the parking lot is just a necessary placeholder for future development.
  25. swtsig
    Brookfield is unveiling their plans for Houston Center 1/15, just FYI
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