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ChannelTwoNews

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  1. https://companyonstage.org/ https://communityimpact.com/houston/bellaire-meyerland-west-university/arts-entertainment/2023/11/15/community-theater-company-sets-the-stage-with-opening-in-gulfton/ "After eight years of performing at temporary locations, the nonprofit theater group Company OnStage has found a new long-term home. In November, theater officials announced a new three-year lease at a space on Bellaire Boulevard in the Gulfton area. The announcement stated that the new location will be convenient for theater enthusiasts across southwest Houston."
  2. https://communityimpact.com/houston/the-woodlands/development/2023/11/14/largest-life-time-in-texas-opens-in-shenandoah/ "Life Time Shenandoah held a ribbon-cutting ceremony Nov. 10 to commemorate the grand opening of its four-story, 170,000-square-foot facility in Shenandoah."
  3. https://communityimpact.com/houston/conroe-montgomery/development/2023/11/10/construction-on-montgomery-countys-fish-creek-regional-park-to-begin-in-2024/ "Construction on the infrastructure for Montgomery County’s Fish Creek Regional Park is estimated to begin in the first quarter of 2024, Precinct 2 Commissioner Charlie Riley said in a Nov. 8 interview. Riley said the infrastructure construction would include work on the roads, driveways and sites for things in the park. “We’re ready to move on some of that,” Riley said."
  4. A few additional renderings. https://communityimpact.com/houston/the-woodlands/development/2023/11/15/developers-unveil-architects-images-for-ritz-carlton-development-in-the-woodlands/
  5. https://www.houstonchronicle.com/business/article/port-freeport-cedar-port-federal-funds-upgrades-18460640.php "In Baytown, the Cedar Port Navigation and Improvement District will receive $10.9 million to expand the dock capabilities along the Cedar Port Industrial Park, along with connecting the dock via a heavy haul road to the tenants of the industrial park. In addition to dredging, the proposed work adds six spots for barges and 800 feet of mooring space along the Cedar Bayou space."
  6. 80% Leased https://www.bizjournals.com/houston/news/2023/11/14/texas-tower-clifford-chance-morgan-stanley.html?cx_testId=40&cx_testVariant=cx_27&cx_artPos=2#cxrecs_s "Law firm Clifford Chance, which entered the Houston market earlier this year, has signed on to lease 60,400 square feet across two floors in the 47-story, 1 million-square-foot tower at 845 Texas Ave. The firm’s lease marks a major expansion of its presence in Texas Tower. Clifford Chance announced in early June that it is occupying space at The Square at Texas Tower, Hines' coworking space. Since then, the firm has transitioned to two spec suites to accommodate its growing team. The expansion into Houston builds on Clifford Chance's wider Americas operations in New York; Washington, D.C.; and São Paulo, Brazil. Also, Morgan Stanley Wealth Management has leased 37,600 square feet at Texas Tower."
  7. "While METRO lays the groundwork now, it admits that those in their 20s could be 40 years old when they ride it." Certainly sounds that way.
  8. July 2022 https://www.houstonchronicle.com/business/real-estate/article/Engineering-giant-Bechtel-to-move-Houston-offices-17295625.php#photo-22686089 "The project management, construction and engineering firm recently signed a 205,000 square-foot office lease in Parkway Property’s CityWestPlace campus in Building 3, according to CBRE, which represented Bechtel in lease negotiations. Bechtel’s new digs are about half the size of its 440,00 square-foot office space in Houston, according to real estate firm Cushman & Wakefield. The move comes after Bechtel earlier this year implemented a hybrid workplace policy allowing some employees to work remotely at least part of the time and commute to the office based on teams’ individual needs." Today https://www.bizjournals.com/houston/news/2023/11/14/bechtel-departure-post-oak-office-loan-risk.html?cx_testId=40&cx_testVariant=cx_27&cx_artPos=0#cxrecs_s "Engineering and construction firm Bechtel’s decision last year to move its Houston office out of 3000 Post Oak Blvd. has put the building’s owner on the clock, as a looming $80 million loan deadline corresponds with one of the toughest leasing markets in recent memory. The loan for 3000 Post Oak Blvd. is scheduled to mature March 1, 2025. However, because Bechtel currently occupies 99% of the building, the building's $80 million mortgage has been added to a loan servicer "watchlist" amid concerns over the loan's repayment once the building's anchor tenant leaves."
  9. https://www.bizjournals.com/houston/news/2023/10/12/houston-venture-capital-activity-q3-2023.html "There were 30 deals in the Greater Houston metropolitan area, the lowest number of deals since the third quarter of 2020, according to the Q3 2023 PitchBook-NVCA Venture Monitor report, which was released Oct. 12. However, those deals were worth an aggregate of $596.23 million in Q3. That’s the largest amount of capital invested in the region since the same quarter of last year https://www.bizjournals.com/houston/news/2023/11/14/houston-innovation-technology-sba-deputy-admin.html?cx_testId=40&cx_testVariant=cx_27&cx_artPos=0#cxrecs_s "Houston is one of the fastest-growing startup cities in the world, according to PitchBook’s Global VC Ecosystems ranking. The region came in at No. 5 based on one-, three- and five-year growth rates for VC deal, exit and fundraising activity.
  10. https://thefacts.com/news/port-freeport-receives-nearly-16-million-from-federal-government/article_3a21b479-ca64-57de-b4d3-da2432056fa8.html "The feelings of elation come from the recent announcement of a $15.96 million federal grant for the Velasco Terminal Sustainability Expansion Project. The award by the U.S. Department of Transportation is through the Port Infrastructure Development Program. “This will help us manage our growth and prepare us for future opportunities,” Saathoff said. The Velaso Terminal project has several components, she said. The port will install new gate infrastructure and build a new 36,900-square-foot cross-dock facility. Also included are improvements to a 10-acre site Saathoff said will enhance truck mobility."
  11. Here are the renderings from the article. Based on the file names for the photos that were uploaded, we can figure out some of the proposed locations of some of the structures. 908 Live Oak 1005 Hutchins 2105 McKinney 2215 McKinney Parking Garage
  12. Planning on coming down just before Christmas and spending overnight in College Station. Would love to go in and and check this out in person if I get a chance.
  13. https://www.houstonchronicle.com/food-culture/restaurants-bars/article/original-ninfas-day-50-anniversary-tex-mex-18487955.php "The city of Houston declared Nov. 12, 2023, the Original Ninfa’s Day as the iconic Tex-Mex restaurant celebrates its 50th anniversary this year."
  14. https://ig.ft.com/us-cities-index/ "Houston has taken the top slot as the best US city for foreign multinationals to do business in the second annual ranking compiled by the Financial Times and Nikkei. It gained the top spot by offering business friendly policies, excellent logistics, affordable cost of living, and a diverse community for overseas companies." https://www.ft.com/content/8854bb17-938d-4dd5-88a8-c1605a4c5bce "Ever since crude first gushed from Spindletop Hill in 1901, Houston has been an oil town — the epicentre of America’s oil and gas industry, its fortunes rising and falling with those of the sector. Today, though, America’s fourth-largest city is rapidly expanding beyond the industry on which it was built. Not only has it become a centre for green energy innovation, but other sectors, including medical technology and aerospace, now call the Texas city home."
  15. https://www.bizjournals.com/houston/news/2023/11/09/united-airlines-nonstop-service-iah-tokyo-haneda.html?cx_testId=40&cx_testVariant=cx_27&cx_artPos=0#cxrecs_s "Houston’s George Bush Intercontinental Airport (IAH) could soon be welcoming more daily nonstop flights from Tokyo’s Haneda International Airport. Chicago-based United Airlines (Nasdaq: UAL) filed an application with the U.S. Department of Transportation on Nov. 9 to begin offering this route. If approved, United will become the first U.S.-based carrier to fly nonstop service between IAH and Haneda. United currently offers nonstop flights from IAH to Tokyo’s Narita International Airport. However, Haneda is Tokyo’s close-in airport, while Narita is more than twice as far from downtown Tokyo."
  16. https://www.bizjournals.com/houston/news/2023/11/08/regal-princess-cruises-galveston-texas-homeport.html?cx_testId=40&cx_testVariant=cx_27&cx_artPos=2#cxrecs_s "Santa Clarita, California-based Princess Cruises has made a big splash in Galveston less than a year after returning to Texas. Regal Princess is now sailing out of Galveston, making it the largest Princess ship ever based in the Lone Star State, the company said Nov. 5. The 1,083-foot ship has a guest capacity of 3,560 and carries 1,346 crew members. From Galveston, Regal Princess will sail 21 roundtrip voyages to the Western Caribbean through March 24. The ship is expected to carry about 75,000 travelers during that time. The voyages will range from seven to 12 days and visit destinations such as Cozumel, Mexico; Costa Maya, Mexico; and Roatan, Honduras."
  17. https://smseminary.com/history-of-the-seminary "Bishop Wendelin J. Nold marked the celebration of the golden anniversary in 1951 with two major announcements: The Vincentian Fathers would replace the faculty of diocesan priests, and a new seminary would be built in Houston. A fifty-acre tract of wooded land located at the present site on Memorial Drive was donated by the Laurent, Smith, and Strake families. A fund-raising campaign yielded over three million dollars for the project. Maurice and Charles Sullivan were contracted for the architectural design, and the Linbeck Construction Corporation was selected to do the construction. On November 4, 1954, Samuel Cardinal Stritch of Chicago dedicated the seminary with a host of bishops, clergy, and local dignitaries in attendance. At that time the plant included all the present buildings with the exception of the library, gymnasium, and Nold Education Center. As with the seminary in La Porte, the number of vocations increased greatly. With gifts and donations from both clergy and laity, the furnishings were completed in 1958."
  18. https://www.houstonpublicmedia.org/articles/shows/houston-matters/2023/11/07/468764/an-original-performance-piece-captures-a-portrait-of-houston/ https://www.diverseworks.org/in-the-works/exhibtion-performance/lands-portrait-of-the-city-of-houston/ "LANDS examines the past and present of Houston and its growth toward becoming the 4th largest city in the United States and invites audiences to reimagine the city’s possible future. The evening will feature a series of outdoor performances that Cottencin and Huynh choreographed with their Houston-based collaborators: Anthony Almendárez, Liyen Chong, Ayla Davis, Isabella Mireles, Roger Moore, and Henry G. Sanchez, who will then guide the audience from the outdoors into the MATCH theater to experience the film installation.
  19. https://www.bizjournals.com/houston/news/2023/11/08/angel-lagoon-dayton-entertainment-district.html?cx_testId=40&cx_testVariant=cx_27&cx_artPos=3#cxrecs_s "The Lagoon Development Co. started construction on June 1 on a 4-acre artificial lagoon at state Highway 146 and River Ranch Road in Dayton. A groundbreaking ceremony is planned for Nov. 16.
  20. The one pictured above - the Field Street Tower - was announced in 2021 as a spec tower by Hillwood. Nothing has been heard of it since though. These comments from Ross Jr. from June didn't sound too cheery about building new office towers anywhere for some time. The other I'm aware of is on hold as of the end of last year. It may or may not be built someday. CBRE has leased space for their HQ in an existing tower for the time being. The site is Uptown though, not Downtown. Yup. It too has just as many towers as the McNair development in its present state - none. It too is Uptown. It is likely all that will be coming out of the ground at this point. This among other projects, also has brought about good questions about what should be done to keep Downtown Dallas competitive given the trend of corporate movement to the Uptown area and places further afield there. If I'm not mistaken, it's still a bare lot that housed an old mall that was demolished earlier in the year. And it took about 10 years just to get to that point. The back and forth getting just to that point sounds interesting though. The first component is fairly modest and makes sense as it's low-rise apartments over shops. The developer is realistic about the negative prospects for developing office or anything substantial currently and how it's ultimately a long term project. It's interesting to see some of the similar discussions we have locally taking place there about location and wanting to be where the people are and with density and things like that outside of the urban core. The rendering makes a number of assumptions because, of course, it's a rendering. -That Newpark's 20 acres (far left cluster of towers) is built. It received city funding for a portion of the project last year but it's been quiet since then. -That the HSR terminal (Top left) is built. -That the nearly 30 acres opened up by the demolition of the existing space up to the old arena (which will be saved) and on the edge of Pioneer Park & Plaza is actually developed and becomes something other than greenspace. I do like the idea of the I-30 deck park and improving the connectivity in/around the Hyatt/Reunion Tower/Union Station area and integrating it better with this part of downtown. I wonder how the existing DART stop inside will be reconfigured if at all. It also would be nice if it tied a bit better into the streetcar that's available as well.
  21. A few of the potential/existing prospects for conversion. A number are from the same company, Pacific Elm Properties, who have a mix of concepts envisioned for each site - residential among them. https://www.dallasnews.com/business/real-estate/2022/01/14/downtown-dallas-developments-will-convert-offices-to-apartments-and-add-new-towers/ Bryan Tower “Our plans at Bryan Tower include converting roughly half the building to luxury apartments,” Woods said. “We are going to spend between the common area improvements and the conversion of the upper floors well over $150 million upgrading that building." Santander Tower (Thanksgiving Tower) "The developers are also planning a redo of the 50-story former Thanksgiving Tower — now Santander Tower — at 1601 Elm St. The owners also plan to convert multiple floors of that 1.4 million-square-foot skyscraper into housing. https://www.dallasnews.com/business/real-estate/2023/08/04/new-downtown-dallas-rental-address-is-ready-for-residents-in-a-converted-office/ "The Peridot apartments in Santander Tower are the latest generation of rental units developers are carving out of surplus office space. Close to 2 million square feet of Dallas high-rise workspace — much of it built in the 1980s — is targeted for conversion into more than 1,500 new urban housing units. Comerica Bank Tower https://www.dallasnews.com/business/real-estate/2023/02/03/big-changes-on-the-way-at-downtown-dallas-landmark-comerica-bank-tower/ "Our development projects are all a combination of office, residential, hospitality and food and beverage,” he said. “We think there is a very interesting opportunity to convert a large portion of Comerica Tower into a luxury hotel. Energy Tower "The upper floors of the tower will house 294 residential units. And the lower portion of the building will be remodeled into first-class office space. Cityplace Tower https://www.dallasnews.com/business/real-estate/2023/08/22/dallas-cityplace-office-tower-is-next-up-for-apartments/ "NexPoint is remodeling the 1.35 million-square-foot high-rise, revamping its office space and adding a 222-room hotel and conference center. 1600 Viceroy https://www.dallasnews.com/business/real-estate/2023/09/13/office-building-near-dallas-love-field-eyes-residential-units/ "Now the owners are planning to convert half of the building into apartments, according to planning documents filed with the state. Construction is set to start late this year on the conversion of four floors of the property, which is owned by an Irving investor.
  22. https://www.dallasnews.com/business/real-estate/2023/07/28/developers-plan-two-more-downtown-dallas-towers-in-1-billion-field-street-project/ "The $325 million, more than 915,000-square-foot development could kick off in March, according to planning documents just filed with the state. The project is described as an “office tower and 300 multifamily apartments on an above-ground podium garage with lobby and retail on ground level.”
  23. https://www.dallasnews.com/business/real-estate/2023/11/07/ground-will-be-broken-this-week-on-new-bank-of-america-tower-in-dallas/ "Construction is scheduled to kick off on Thursday on a new Dallas tower that will house operations of Bank of America. The 30-story office high-rise will be built overlooking Klyde Warren Park at Harwood Street and Woodall Rodgers Freeway."
  24. https://www.dallasnews.com/business/real-estate/2023/11/08/first-look-new-high-rises-on-the-way-north-of-downtown-dallas/ "The project is planned to include a 21-story, 396,000-square-foot office tower, a 27-story 287-unit residential building and 19,725 square feet of retail space.
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