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ChannelTwoNews

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  1. ChannelTwoNews
    Former HPE, Compaq campus rebranded, signs first tenant - Houston Business Journal (bizjournals.com) "The 94-acre complex at 11445 Compaq Center West Drive, off state Highway 249 south of Louetta Road, is now called Viva Center. The owner, Houston-based Morales Capital Group, signed a 10-year headquarters lease with hormone treatment and weight loss company SynergenX in October, and the company expanded its space to a total of 54,247 square feet in January. Morales Capital Group is headed by Eduardo Morales, who is also the CEO of alcoholic beverage distribution company Mexcor International and several other entities under the Morales Capital Group umbrella. It is headquartered at 11177 Compaq Center West Drive, which is part of Viva Center. The 250,000-square-foot building also serves as a distribution center for Mexcor. The group envisions turning the campus into a mixed-use tech hub with public gathering areas, events and apartments."
  2. ChannelTwoNews
    Sugar Land approves next steps for Lake Pointe Plaza | Community Impact "Sugar Land City Council approved a memorandum of understanding between the city and Sugar Land-based developer Planned Community Developers for the redevelopment of the Lake Pointe Plaza area in a Feb. 27 meeting."
  3. ChannelTwoNews
    HBJ Profile of Color Factory and its CEO Tina Malhotra. The company also has locations in New York and Chicago. The headquarters is in Houston. Color Factory CEO expects growth in experiential concepts - Houston Business Journal (bizjournals.com) "Malhotra said the decision to make Houston the company's headquarters — which became official in 2023 — came down to the Bayou City having the largest location, spanning 20,000 square feet, twice the size of the New York location's 10,000 square feet. That size alone makes it easier to test out new ideas, Malhotra said. And it doesn't hurt that she also lives in Houston. "I think Houston could be a destination for those types of businesses," she said. "It just proves that this is an industry and a model that is working and will continue to stay in our lives."
  4. ChannelTwoNews
    About | Catch Restaurants in NY, LA, CO, NV
  5. ChannelTwoNews
    NASA Selects ACMI as Second Approved Exploration Park Facility - NASA - Press Release "NASA and the American Center for Manufacturing and Innovation (ACMI) signed an agreement Thursday, Feb. 29 to lease underutilized land in a 240-acre Exploration Park at the agency’s Johnson Space Center in Houston. ACMI will enable the development of facilities to enable commercial and defense space manufacturing. The agreement is the second such public/private lease agreement to allow industry and academia to use NASA Johnson land to create facilities for a collaborative development environment that increases commercial access and enhances the United States’ commercial competitiveness in the space and aerospace industries. NASA signed a similar lease with the Texas A&M University System earlier this month. Calling it the Space Systems Campus, ACMI plans to incorporate an applied research facility partnered with multiple stakeholders across academia, state and local government, the Department of Defense and regional economic development organizations."
  6. ChannelTwoNews
    Rice University's Susan and Fayez Sarofim Hall breaks ground - Houston Business Journal (bizjournals.com) "Rice University celebrated the groundbreaking of its new 83,000-square-foot, $76 million Susan and Fayez Sarofim Hall on Feb. 29.
  7. ChannelTwoNews
    Not that I really get hyped about this stuff anymore - but they launched it a couple of weeks back. Yes, the skyline is there, but there are multiple video walls so tons of things could be there really. Some of the photos of the skyline look generic of the "western wall". The aerial one for the morning shows looks nice though. Sounds like they have a desk for all but the 6 & 10 PM newscasts. Standing during the newscasts I guess is en vogue again. Something about it gives me vibes of a phone store. Not nearly as bad as Channel 39's set about 10 years back, but close. https://mikemcguff.blogspot.com/2024/02/kprc-2-new-2024-studio-standing-room.html mikemcguff.com: KPRC 2 2024 studio - photos and more details
  8. ChannelTwoNews
    Profile of Larry Callies & the Museum from Houston Landing. Black Cowboy Museum reveals the true origin of Texas cowboys (houstonlanding.org) Found this bit about the move to Kendleton interesting. "Fort Bend County Parks and Recreation has allocated nearly $9.4 million of its 2023 parks bond toward the redesign, $2.7 million of which is dedicated toward the Black Cowboy Museum, according to McCoy.
  9. ChannelTwoNews
    Ship Channel Bridge on tollway nears milestone for work (houstonchronicle.com) "Almost two years from completion, the first phase of the Houston Ship Channel span is becoming more noticeable to drivers on the existing bridge. Even more work will become obvious over the summer, but not without another thing tollway drivers are used to seeing: lane closures."
  10. ChannelTwoNews
    Not to be confused with Bayland Park at Bissonnet and Hillcroft. Precinct 4 Website: Burnett Bayland Park (harriscountytx.gov) Madres Del Parque Facebook: Madres Del Parque | Houston TX | Facebook Master Plan Website: Burnett-Bayland Park (harriscountytx.gov) "Harris County Precinct 4 and Commissioner Lesley Briones has begun the Burnett Bayland Park Master Plan. The Master Plan will transform Burnett Bayland Park into an iconic experience for all to enjoy. It is a collaborative community initiative, and the project team wants to hear your ideas for the future of the park. The Master Plan process will include the voices and input from key stakeholders and the surrounding community. There will be stakeholder meetings, community workshops, presentations to area groups and organizations, informal touchpoints and a survey. This is scheduled to take place from summer 2023 through Spring 2024." Chronicle Editorial from January in favor of the upgrades. Briones wants Gulfton to get a 'signature' park like Hermann. Why not? (houstonchronicle.com) "Burnett Bayland Park lies within the city limits, so one might wonder why the county, rather than the city, is spearheading a project of this scope. Briones’ answer: “My philosophy as commissioner is I am going to serve all of my precinct.” (About half of her Precinct 4 lies within Houston or other municipalities.) She reached agreements with former Mayor Sylvester Turner’s administration for the county to take over maintenance and operations of Burnett Bayland Park, Bayland Park in nearby Sharpstown and Freed Park in eastern Spring Branch."
  11. ChannelTwoNews
    Houston’s Sharpstown neighborhood getting long-desired trail along CenterPoint easement – Houston Public Media "Construction will start soon on the first phase of the Sharpstown Trail and is expected to be complete by the fall, according to Houston Parks Board president and CEO Beth White. Her nonprofit is building a 1.8-mile-long, 10-foot wide concrete path along the north-and-south easement, which runs parallel to South Gessner Road, and it will stretch from Beechnut Street to Sands Point Drive – with plans to subsequently expand the trail to the north and south."
  12. ChannelTwoNews
    Tema Development's The Parklane apartment-to-condo conversion wraps up - Houston Business Journal (bizjournals.com) "The building sits along the northeastern edge of Hermann Park and is part of Tema Development’s master plan for the 6.8-acre site it owns there, which also includes One Hermann Place, at 1699 Hermann Drive, which was completed in 2016, and the 32-story Two Hermann Place, at 1661 Hermann Place, which is still under construction." Um... who wants to tell the reporter about the HMNS-contracted parking over there?
  13. ChannelTwoNews
    Howard Hughes' Village Green at Bridgeland Central breaks ground - Houston Business Journal (bizjournals.com) "Howard Hughes Holdings Inc. (NYSE: HHH) broke ground on the highly anticipated Village Green at Bridgeland Central on Feb. 26. The 70-acre mixed-use project is adjacent to the Grand Parkway and bound by Bridgeland High School Drive, Bridgeland Creek Parkway and Summit Point Crossing. It's part of the 925-acre urban core of the 11,500-acre Bridgeland master-planned community in Cypress. Village Green will be anchored by an H-E-B grocery store spanning more than 100,000 square feet, which is scheduled to open by the end of 2024. Additionally, the mixed-use project will include more than 28,000 square feet of retail and restaurant space slated to be complete in spring 2025."
  14. ChannelTwoNews
    Tema Development's The Parklane apartment-to-condo conversion wraps up - Houston Business Journal (bizjournals.com) "A 40-year-old apartment building in the Museum District is wrapping up an extensive renovation project that converted the building into condominiums. Houston-based Tema Development Inc. began retrofitting The Parklane into condos in 2020, deciding the time was right to allow the building to serve the purpose it was originally designed for."
  15. ChannelTwoNews
    Houston’s Meow Wolf location hasn’t opened yet, but local artists are already at work contemplating their installations – Houston Public Media Flyer for Meow Wolf's Houston location... Based on the star in the graphic, the city is now located somewhere west of Victoria and southeast of San Antonio. Kenedy or Floresville maybe?
  16. ChannelTwoNews
    Midway breaks ground on CityCentre office tower anchored by Dow Chemical - Houston Business Journal (bizjournals.com) "Houston-based Midway has broken ground on what will be the latest addition to its booming CityCentre mixed-use development in west Houston. As the Houston Business Journal first reported in November, the new CityCentre Six office building will be at 903 Town and Country Blvd. When it is completed in 2026, the new building will include 308,000 square feet of office space, which will sit atop a nine-level podium parking structure. The building’s ground floor also will include about 12,000 square feet of retail and dining space. Midway also confirmed Feb. 23 that the previously unnamed anchor tenant for the building will be Dow Chemical, which leased 65% of the building for its Houston Dow Center. The Dow Chemical Co. is a wholly owned subsidiary of Michigan-based Dow Inc. (NYSE: DOW), which has a major presence in the Houston area."
  17. ChannelTwoNews
    Figured I'd updated this since there was no specific thread for 500 Jefferson. John Quinlan purchased this building from WP Carey in 2017. He sought to get a historic designation from the city for it in 2021 due it's design attributes and contributions to the downtown area over the years. The document is worth a read and does have some good period construction photos and schematics. Wondering if he will sell and/or do another JV with DeBartolo ultimately like he did with Elev8 and Three Westlake.
  18. ChannelTwoNews
    Houston’s Intuitive Machines touches down on the moon (houstonchronicle.com) "A Houston delegate is once again on the moon. Intuitive Machines’ uncrewed lander made history Thursday as the first privately owned spacecraft to touch down on the lunar surface. It was also the first U.S. vehicle to accomplish this in more than 50 years."
  19. ChannelTwoNews
    New Dallas convention center plan now includes former DMN site - Dallas Business Journal (bizjournals.com) "In the new site plans presented to the committee, the convention center building itself will no longer encompass lot E at the southeast corner of Memorial Drive and Hotel Street along Interstate 30. It instead would have a footprint of about 130,000 square feet on the southern half of the former Dallas Morning News property on Young Street, where a parking garage currently sits. It is unclear whether the city plans to acquire portions of that property. The facade of the new convention center will remain the same, Fleming said, but the footprint has been modified due to requests by the Texas Department of Transportation to use a flyover bridge for Union Pacific Railroad construction and staging space for dirt and equipment for construction on Interstate 30." Previous plan New Plan
  20. ChannelTwoNews
    Why more Houston offices aren't being converted to housing (houstonchronicle.com) "Developers seeking historic tax credits must be prepared to jump through several hoops, which takes time. For example, CMI Development plans to transform the 1.2 million-square-foot former Exxon skyscraper at 800 Bell in downtown Houston into a mixed-use project with hundreds of apartments. Although CMI has been working for more than a year to get the tower, completed in 1963, designated as historic, the time-consuming process is a necessary step to defraying the costs, which include of asbestos remediation. And any developer buying an empty tower for a conversion must be able to cover costs including insurance and taxes while the building isn’t generating revenue."
  21. ChannelTwoNews
    Why more Houston offices aren't being converted to housing (houstonchronicle.com) "Quinlan, in partnership with DeBartolo, has begun work on Three Westlake, a 311-unit apartment conversion of the 19-story former BP tower in the Energy Corridor. Quinlan bought the property for $21 million, after the lender took a a $67.4 million loss on the loan, he said. There weren’t a lot of lenders active in the market, said Ed Kobel, president of DeBartolo, but the firm found a bank willing to provide a construction loan. “It was super hard, but the project is so compelling, we got it done,” Kobel said. "
  22. ChannelTwoNews
    Why more Houston offices aren't being converted to housing (houstonchronicle.com) "For example, Cameron Management unveiled plans more than a year ago to convert the Esperson complex, two older office towers on Travis Street, into a mixed-used project with apartments, coworking and offices. On paper, the downtown buildings would work well for a conversion. They’re in a desirable location and have narrow floorplates allowing enough light for residential units. Cameron invested nearly $4 million into studying and planning a conversion. But the estimated cost to construct 100 units is about $50 million, about $20 million more than expected, said Dougal Cameron, president of Cameron Management. As credit markets tightened over the year, Cameron hasn’t been able to secure favorable financing. Traditional lenders are “out of the game,” he said. The towers, built in the 1920s and 1940s, are old enough to qualify for federal and state historic tax credits, but Cameron is wary of the strings attached."
  23. ChannelTwoNews
    RIP Robert Reid - Even after he had retired, he still seemed to have a lot of energy. Loved listening to him on 1560 The Game when he was on their shows. Robert Reid obituary: Former Houston Rockets star dies at 68 (houstonchronicle.com) "Robert Reid — who played 10 seasons with the Rockets, including as a key member of the franchise’s first two NBA Finals teams — died Monday at 68 after a battle with cancer."
  24. ChannelTwoNews
    Soar to High Heights: The Allen, AIA Houston AIA Houston Tour, 2/28 from 5-6 PM "The Residences at the Allen tower has redefined the skyline along Allen Parkway. The tower soars 42 stories overlooking one of Houston's most popular recreational areas - Buffalo Bayou Park. Join us for a tour of The Residences at the Allen with developer DC Partners and project archtiect HOK. The new mixed-use development includes a hotel and coondominum tower, a 22-story office building and 62,000-square -foot retail pavilion. The Residences at the Allen luxury condominiums on upper levels have individual balconies with plunge pools. While the retail pavilion has smooth organic curves resembling a spaceship will be home to an expansive gym and high-end Mexican stakehouse Toca Madera."
  25. ChannelTwoNews
    Intuitive Machines moon lander on track for Feb. 22 landing after engine burns | Space "But the lander will soon be put to the test. "Odysseus' largest challenge to date," officials added in the update thread, will be "lunar orbit insertion," which is expected to take place Wednesday (Feb. 21). The engine firing will put Odysseus in orbit around the moon in preparation for landing the following day, Thursday (Feb. 22), at 5:49 p.m. EST (2249 GMT)."
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