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ChannelTwoNews

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  1. ChannelTwoNews
    This is actually a pretty good review of the situation up to January, when the transit board had to decide on reinstating fares. Free bus rides in Kansas City need more dollars to continue | Kansas City Star "RideKC buses and paratransit vehicles have been a free ride since March 2020. Now the temporary federal money that made that possible is running out, and local officials are at a loss for who will foot the bill. Might this mean the end of zero fare? That depends on whether the Kansas City Area Transportation Authority can close a $10 million gap with new funding from local, state and federal sources. They have no assurance that the money to keep rides free will be there in 2025. The KCATA made that clear late last year when it raised the possibility of needing to reinstate fares, which led to a groundswell of public support for keeping transit free. But what’s been left out previously is that the KCATA might have had a cushion to assure at least two more years of free fares, had Kansas City’s government lived up to its promise to fully fund its share of the program." A few days later, the board voted unanimously to continue study fare reinstatement. KCATA board votes unanimously for further study on bus fare plan (kmbc.com)
  2. ChannelTwoNews
    Johnson Development's Grange community near Katy underway - Houston Business Journal (bizjournals.com) "Houston-based Johnson Development Corp. is breaking ground this week on a 2,400-home community west of Katy it is developing in partnership with Plow Realty. The newly named Grange spans 1,130 acres from Bartlett Road to FM 2855 at Morton Road about 3 miles north of Interstate 10 and 6 miles west of the Grand Parkway. Plow Realty is owned by Houston-based Hilcorp Energy Co. founder Jeffery Hildebrand’s family, which also sold the land to Johnson Development, according to Jacob Rice, general manager of Grange. Plow Realty is providing financing and working with Johnson on the vision for the development, he said."
  3. ChannelTwoNews
    Sueba USA to break ground on Boardwalk Square in Katy - Houston Business Journal (bizjournals.com) "About two and a half years after opening Katy Boardwalk Lofts, Houston-based Sueba USA will start construction on a second apartment complex at the developing Katy Boardwalk District near Katy Mills on April 8. The developer just closed a $40 million construction loan with Amegy Bank, said D.J. Blanchard, vice president of development legal affairs at Sueba. Located at 125 Prairie Parkway, Boardwalk Square will be built a block away from the first complex along a newly constructed road that leads to the boardwalk. Estimated completion is in 2026."
  4. ChannelTwoNews
    https://fulshearcentral.com/ Development with office condos, retail & hotel. Developer: Janapriya Upscale Architect: Kirksey Leasing: CBRE Engineering: BGE This article from Community Impact says it should be breaking ground this summer. It mentions a site along the Westpark Tollway/FM 1093 on the north side, but CBRE's information shows it is actually on the south side of that road, near Texas Heritage Parkway and a planned extension of McKinnon Road. Renderings from website.
  5. ChannelTwoNews
    From:New HHA board votes to increase loans for tax break deals (houstonchronicle.com)
  6. ChannelTwoNews
    From Texas City EDC: Downtown 6th Street | Texas City EDC, TX "The City of Texas City is home to small businesses, shops, professional offices, and entertainment venues housed in classic brick structures along the 6th Street district. The corridor was the former epicenter of Texas City's downtown, but as the city grew west the area lost attention. Since the mid 2000's, the Texas City Economic Development Corporation has made a conscious effort to revitalize the corridor. This has included investment into public infrastructure, and fostering the growth of Texas City small businesses. Businesses that call 6th Street home range from jewlers, eateries, outdoor retailers, professional offices, and taverns. The city hosts special events through the use of the Showboat Pavilion. The district frequently hosts special events that range from Touch a Truck to the Lone Star Deluxe Car Show. The Texas City EDC will continue to make investment into the 6th Street district. If you are interested in properties for sale or for lease visit our available properties. If you are interested in what small business incentives are available, please visit our 6th Street Incentives page." https://www.texascityedc.com/173/6th-Street-Incentives https://www.texascityedc.com/174/6th-Street-Events https://www.texascityedc.com/180/6th-Street-Food-Truck-Park Map of Food Truck Park Texas City to add playgrounds, amphitheater to 6th Street Historic District | Local News | The Daily News (galvnews.com) "The city is about 30 days from launching a $7 million project to add playgrounds, a food truck area and an amphitheater to the 6th Street Historic District, officials said."
  7. ChannelTwoNews
    Saw this profiled on Ralph Bivins' podcast. Thought it might be of interest to people here. I might go if I were local. TBH, the lady in the podcast sells it better than the blurb below. 2024 Development Showcase | Commgate "HAR’s commercial division CommGate is hosting a Development Showcase event planned for April 18th at the Amegy Tower Conference Center. The Event will provide Houston’s commercial brokerage community an overview of significant Houston area commercial real estate developments and the inventory created by those developments. The showcase will be held at the Amegy Tower Conference Center from 4:30 to 7:30. This is a new event that will feature a small tradeshow-style format and include beer/wine and hors d’oeuvres. The Development Showcase is a free-flowing marketing and networking event in one open space. Discounted pricing for CommGate and HAR members. Save the date! Registration page coming soon."
  8. ChannelTwoNews
    Press Release: bp unveils first US bp pulse EV charging Gigahub™ at Houston headquarters | News and insights | Home "HOUSTON – bp (NYSE: BP) will celebrate the opening of its new electric-vehicle charging site at its bp America headquarters in Houston, Texas, expanding its network of EV chargers in the US. The new bp pulse station is the first bp pulse branded Gigahub™ in the US and will be open to the public on April 2. Emma Delaney, bp Executive Vice President for Customers & Products, said: "As we expand our global footprint, I am thrilled to unveil our first EV charging Gigahub in the US. With leading fast charging positions already in key markets in the UK, China, and Germany, we're learning about customer charging preferences on the go.” The Gigahub™, expected to open on March 20, 2024, will offer 24 high-speed EV charge points with Tritium 150kW DC fast chargers. The chargers will be integrated with the bp pulse app, allowing users to locate the site, access real-time charging availability, and connect to WiFi."
  9. ChannelTwoNews
    Randall Davis Co. unveils plans for Rice Village condo tower - Houston Business Journal (bizjournals.com) "His London House project, which broke ground last year, is wrapping up construction. London House is a 12-story, 70,000-square-foot condo tower at 2323 San Felipe Drive, which has a total of 23 units. It's scheduled to be completed Oct. 12 and only has six units left to sell, Davis said. “Our goal is to have completely sold all of the units in London House before it opens,” he said."
  10. ChannelTwoNews
    Randall Davis Co. unveils plans for Rice Village condo tower - Houston Business Journal (bizjournals.com) “This is an area that is really underserved for condo living,” said Davis, founder and CEO of the Randall Davis Co. “There’s currently no opportunity for people to buy a lock-and-leave home. A lot of people in the Rice Village area, especially empty nesters or those wanting to downsize from a large house, want to stay in their wonderful neighborhood. So, that’s what this project hopes to do: give them an option that doesn’t currently exist.” He also threatens teases another project in the works... "That said, Davis is in the process of lining up yet another condo project, but he isn’t ready to share details about it yet. “Call me in six or seven weeks,” he said."
  11. ChannelTwoNews
    Fondren Park is a subdivision in Missouri City. Subdivisions | Missouri City, TX - Official Website (missouricitytx.gov) That park is actually Gammill Park, which is a city park. The building and pool are owned/operated by the subdivision itself and is for the use of thoseresidents. The water tanks and equipment on scene appear to be tied to the Harris County WCID - Fondren Road and serve the Quail Valley Utility District & South Main Gardens based on the website.
  12. ChannelTwoNews
    "Houston-based Johnson Development has acquired 1,491 acres from The George Foundation in Fort Bend County for a master-planned community that could be expanded significantly in the future. The property is located on the northwestern tip of the foundation’s George Ranch, off FM 2977 at Koeblen Road behind Lamar Consolidated Independent School District’s Randle High School and the new Steenbergen Middle School on land that also used to be part of George Ranch. The developer has not yet announced details nor a timeline for the development of the property other than saying that it will have a mix of housing, natural and planned amenities, and mixed-use development."
  13. ChannelTwoNews
    First VWs arrive at Port Freeport | News | thefacts.com "Volkswagen’s operation at Port Freeport is now in business. The location received its first shipment of vehicles Wednesday. The arrival of vehicles came about one month after Port CEO Phyllis Saathoff told a Brazosport Area Chamber of Commerce luncheon that Volkswagen’s new processing plant was nearing completion."
  14. ChannelTwoNews
    That had been the part of the branding for the TMC as a whole for a number of years - at least until they started using the new "TMC" logo that is seen at Helix Park and some of the newer developments, as well as on their website. Not sure how far back it goes, but it was certainly part of their overall look back into the 90s... maybe earlier? The gray sign looks to be of that vintage.
  15. ChannelTwoNews
    Montgomery to prepare feasibility study for H-E-B site near Hwy. 105, FM 2854 | Community Impact "H-E-B owns a 32.42-acre tract of land at the southeast corner of Hwy. 105 and FM 2854, according to the agenda packet. The grocer recently contacted the city about proceeding with the development of that site. The feasibility study will analyze the city’s water, wastewater and drainage systems to see if any upgrades or utility extensions are needed."
  16. ChannelTwoNews
    Ralph Bivins: water taxis along the Bayou? A New Oar in Houston’s Waters | Realty News Report "The Buffalo Bayou park made people realize that the bayou could be a beautiful place and that it had been ignored and disrespected long enough, says Brad Freels, chairman of Midway, which is developing the 150-acre East River development that features a long stretch of bayou frontage. The bayou is [a] municipal jewel, he says. “We’ve never embraced one of our largest assets,” Freels said. “We need to show it off.” Freels is ready to build a water taxi dock at East River and another at the East River 9 golf course at the other end of the property."
  17. ChannelTwoNews
    What NASA's Houston development means for Space City identity - Houston Business Journal (bizjournals.com) "She added that she did not see a separation between NASA’s efforts and developments at the Houston Spaceport, where Axiom Space and Intuitive Machines have infrastructure gearing up to produce spacecraft of the future. “We are continuing to be that leader in Houston spaceflight and we will continue to be that leader,” Wyche said. “But we have to be doing it in a way that we’re collaborating with many different people while maintaining our strategic leadership. We’re getting ready to do flight tests for Boeing, we have the Orion spacecraft for Artemis. If that doesn’t make us Space City, I don’t know what does."
  18. ChannelTwoNews
    Houston area to open first certified conservation cemetery (chron.com) "Waller County, northwest of Houston, was historically known for its agricultural and manufacturing work but has recently transformed into an urban area." suburban maybe?
  19. ChannelTwoNews
    From the March/April city newsletter.
  20. ChannelTwoNews
    $16 Million in funding for the first part of a three-segment construction project to extend a taxiway from Ellington Airport to the Spaceport has been approved by City Council. Taxiway Lima, roughly 2-mile stretch connecting Houston Spaceport to Ellington Airport, gets $16 million project approved - ABC13 Houston "The taxiway will act as a general upgrade to the airport, said Jim Szczesniak, director of aviation for the Houston Airport System, which oversees the spaceport. However, because of where it's located, it will "open up possibilities for the spaceport," including 400 acres of land for future development."
  21. ChannelTwoNews
    Trader Joe's will take over the former Sprouts location. Trader Joe's to open Sugar Land store - Houston Business Journal (bizjournals.com) "The Monrovia, California-based grocery chain confirmed to the Houston Business Journal that it plans to open Trader Joe’s #430 in the University Commons shopping center at 13550 University Blvd. The company did not provide other details or a timeline, saying it will share more as things develop. However, an announcement indicated the company aims to open the store in 2024." Coming soon per Trader Joe's website... Trader Joe's Sugar Land (430) | Grocery Store in Sugar Land 77479 (traderjoes.com)
  22. ChannelTwoNews
    Construction on Westbury's Dr. Shannon Walker Library continues | Community Impact "While an official opening date hasn't been set, Houston Public Library officials told Community Impact the city of Houston has until March 31 to reach substantial completion in the construction stage."
  23. ChannelTwoNews
    I read the article when it came out a couple of months back and I would summarize it this way... While this concern may specifically be tied to the biosciences field/industry in Houston - it's not a set of struggles that the field/industry is having ONLY in Houston. It pointed to the success of March Biosciences, whose CEO credited local, Houston/TMC-based funds that have only been created in the recent past to aid it's own positive growth. The space is there for lease should companies want to plant their flag in the Houston area, wherever that may be. More is on the drawing board assuming there is sufficient demand for an end user. What was also mentioned was a need for time for the ecosystem to continue to develop locally in this field. It was also stated that there was a lack of desire among those in the C-suite level to move from their existing spaces to somewhere new. This came up later in the piece when compared to an existing market like Boston which has an investor class that could return and invest in local developments - Houston didn't really have that at present. It also was summarized by TMC CEO Bill McKeon who basically said that the commercial development was moving at "hyperspeed", but with that would come the investor class that could add to the "brainpower" available in time. Another issue is the nature of what happens in the biosciences field itself: The piece stated it was more of a 90% failure / 10% success proposition. McKeon, in particular, sounded pretty optimistic about the long-game though. The piece ended this way. “Most people think life science is not happening there because they don’t see Bristol Myers Squibb or whatever,” McKeon said. “But what we’re seeing is more strategic inbound discussions with investors and companies. Once you start seeing more shots on goal, that’s when you start seeing more investors take a look at us. And that’s happening at a more rapid pace than in Boston or San Diego.”
  24. ChannelTwoNews
    I really like the idea of this space. I also feel like I'm about the only person around that likes the design of the Family Law Center. Wouldn't hate it if it could be repurposed into a learning space or museum/archive that could serve the purpose and mission of the surrounding park area. I won't be too terribly heartbroken if it comes down however.
  25. ChannelTwoNews
    After @TowerSpotter mentioned the possible redevelopment of the old Timberloch Tower site in The Woodlands, I went to the website they linked. Saw this mentioned as a possible HQ or campus for Bridgeland. Conceptual of course.
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