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ChannelTwoNews

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  1. ChannelTwoNews
    Preparations under way for Houston to host seven 2026 FIFA World Cup games – Houston Public Media "Leah Mastaglio is the Assistant General Manager at NRG Park. She said the stadium needs fewer renovations in preparation for the World Cup than others. “We’ve been having meetings and technical site visits with FIFA,” she said. “Last month was our latest one, and from all the technical departments that spent the entire day with our team here at NRG park, the overwhelming comment back was, ‘There’s not much more that we need to do.'” Mastaglio said some renovations will need to be done later on along the line. This would include adding a grass field to the stadium and removing some seats to make the field larger. Chris Canetti is the President of the Houston 2026 World Cup Bid Committee. He said all stadiums with matches will need to do some work to meet FIFA requirements. “One of the reasons why I think Houston was awarded a FIFA World Cup (match) was because this stadium is already in such good shape as it pertains to those standards,” he said."
  2. ChannelTwoNews
    Last of Brazoria Bridge to come down soon; Heritage Foundation to erect memorial display to Bridge to Nowhere | Wbweekly | thefacts.com “We have been working on pads/ramps for the mobilization of large cranes to remove the center span,” he said. “As soon as we complete the pads, the cranes will be able to begin mobilizing. We anticipate the project being done by late summer if not sooner.” Demolition began in August. The steel from the bridge will be recycled, and the $207,987.50 credit will be given to to the Department of Transportation."
  3. ChannelTwoNews
    How $100M turned a vacant Houston office into luxury apartments (houstonchronicle.com) "In the end, the team salvaged much of the building that otherwise would have wound up in a landfill, said Ed Kobel, president of DeBartolo. “It’s a labor of love,” said Kobel. “In a strange way we’re sort of carving off this ugly-ducking building and turning it into something that adds values to the city.” -Behind the paywall, there are some decent graphics showing the changes to the floorplates that happened during the conversion process. Don't know how to link those though.
  4. ChannelTwoNews
    Brazos_Town_Center.pdf (newquest.com) The renderings indicating there was a Raising Cane's coming had reverted back to the original design days after it was shown in the leasing documents. Since then, though, the document has been fairly drastically updated design wise. The emphasis appears to be leaning into promoting the development of the space around the movie theater into what is being stated as "mixed-use" (in about the loosest possible terms, IMO). The previous space earmarked for "Pickleball/Entertainment" has shifted to a space that simply says "Proposed Entertainment" with a stage - separate from the greenspace near the movie theater with its own stage. Why that emphasis? A few tidbits from the document may show the way. In the face of such expected growth, it's not that much of surprise they might be trying to slowly start densifying sections of this space. It's also the first time I've seen the seemingly inevitable link between the Fort Bend Parkway and Spur 10 between Pleak and Needville on any map. Best of luck on figuring that out in reality.
  5. ChannelTwoNews
    New Quest is working on leasing the former Taco Bueno space Taco Bueno - 2nd-Gen Restaurant | Newquest Taco_Bueno_2nd_Gen_Restaurant.pdf (newquest.com)
  6. ChannelTwoNews
    Megatel Homes plans lagoon community in Santa Fe, Texas - Houston Business Journal (bizjournals.com) "The property is located south of FM 517, adjacent to the Lakes of Bay Area subdivision, and wraps around several residences along Jack Beaver Road, according to a land use map submitted to the city. Most of the future community is located immediately south of Dickinson Bayou, though about 82 acres stretches from FM 517 south to the bayou. That portion would contain the lagoon and apartments, according to the developer agreement."
  7. ChannelTwoNews
    Texas A&M Space Institute first tenant in NASA's planned Exploration Park - Houston Business Journal (bizjournals.com) "On Feb. 15, TAMU System Chancellor John Sharp and Vanessa Wyche, director of NASA’s Johnson Space Center, signed a ground lease committing the two entities to over 30 acres of space on land near the JSC for the $200 million Texas A&M Space Institute announced last year. The site is part of approximately 240 acres of space that is currently undeveloped and outside JSC's controlled area, which means access restrictions will be looser, Wyche said. NASA hopes to turn the land into a multipurpose development known as Exploration Park. The Space Institute is the development’s first tenant."
  8. ChannelTwoNews
    The single tower recieved $96M in financing back in 2022. Haven't heard much about it or the rest of the project until this piece in the DBJ today, discussing Hoque's other projects. "Under the proposed development agreement, Hoque would be required to obtain a building permit by the end of 2024 and complete construction of at least 800,000 square feet of residential, office, retail and hotel space by the end of 2027, according to city documents. Hoque has yet to sign the development agreement, as he's waiting for the numbers to make sense on the financing, which needs to be finalized at the same time. The construction price has risen from $320 million to $400 million, according to Hoque. “We're not going to break ground on a $400 million project when it's a 20% higher construction price," he said. “We think it’s going to be the third or fourth quarter of this year, because I think interest is going to get cut. If I'm a betting man, I think third or fourth quarter of this year, we'll break ground on this building.”
  9. ChannelTwoNews
    Lawther – Deer Park Prairie – NPAT (texasprairie.org) Lawther-Deer Park Prairie Preserve | Facebook "This prairie is located in the heart of the Houston metroplex and within the city of Deer Park. It was slated to be another housing development when it was discovered in 2011. A fundraising effort was led by Bayou Land Conservancy in 2013. Through the efforts of many conservation groups and individuals in the Houston area, around the state and even the U.S., the funds were raised. After purchasing the property, the Bayou Land Conservancy donated it to the Native Prairies Association of Texas. NPAT and their Houston chapter are now stewards the prairie. Bayou Land Conservancy holds a conservation easement on the property to protect it from development in perpetuity."
  10. ChannelTwoNews
    Houston Inno - Houston organizations launch first-ever Houston Climate and Energy Startup Week (bizjournals.com) "The inaugural Houston Climate and Energy Startup Week will take place Sept. 9-13. The event is a collaboration between Houston-based Halliburton Labs, climate technology accelerator Greentown Labs and the Rice Alliance for Technology and Entrepreneurship. While details on specific events are not yet available, the anchoring events of the week will be the Rice Alliance’s Energy Tech Venture Forum, a currently undisclosed Greentown Labs event, and Halliburton Labs’ Finalist Pitch Day. Some events will be hosted at the Ion, the innovation hub near Greentown Labs in Midtown."
  11. ChannelTwoNews
    City of Sugar Land Page tracking this project Lake Pointe Redevelopment District | Sugar Land, TX - Official Website (sugarlandtx.gov) Summary of December 19th meeting from the page. "During the December 19, 2023 City Council meeting, City Council took actions regarding the Lake Pointe Redevelopment District zoning district. The first action authorized an amendment to the Land Use Plan, increasing the designated number of multi-family units for the area. The second action amended the Development Code, and rezoned the property to the new zoning district which allows for a mix of uses to be built in compliance with the approved code." Updated code information: Ordinance-No-2325-Dev-Code-Amendment-Lake-Pointe-Redevelopment-District-and-Rezoning (sugarlandtx.gov)
  12. ChannelTwoNews
    The issue at One McDermott Center was resolved and completed later. Harvey's page about the buildout: McDermott Build-Out | Harvey | Harvey-Cleary (harveycleary.com) The work at that tower won the Houston Business Journal's Landmark award for 2021. HBJ's 2021 Landmark Awards: Headquarters Move winner and finalists - Houston Business Journal (bizjournals.com) Enbridge subleased 9 floors in 2022: Enbridge to move Houston office to McDermott building in Energy Corridor - Houston Business Journal (bizjournals.com). Looks like a new outdoor event center will be built next to ConocoPhillips' Spirit One Tower https://www.tdlr.texas.gov/TABS/Search/Project/TABS2024011202
  13. ChannelTwoNews
    TDLR TABS - Project Details (texas.gov)
  14. ChannelTwoNews
    Opened Feburary 5th 3rd Texas location of Nando's Peri-Peri opens at popular Katy retail center | Community Impact
  15. ChannelTwoNews
    North Houston District awarded $455K grant for Greenspoint-area park upgrades | Community Impact $1M in park improvements planned at Wussow Park - North Houston "The North Houston District received a $455,013 Texas Parks and Wildlife Department grant for the Wussow Park Renovation project, which focuses on improving area residents’ health and wellness and enhancing the natural aspects of the park. The projected project cost is $940,000, and the TPWD grant will cover nearly half."
  16. ChannelTwoNews
    Conservatory Galleria food hall sets opening date - Houston Business Journal (bizjournals.com) "The team behind Reset Rooftop Lounge in Midtown, Be More Pacific in the Heights and Sushi Rebel in CityPlace are preparing to open Conservatory Galleria at 5353 W. Alabama St. on Feb. 19." Images from the story
  17. ChannelTwoNews
    AES Corp. to double downtown Houston office space - Houston Business Journal (bizjournals.com) "The Arlington, Virginia-based company will expand from 12,500 square feet in GreenStreet Tower, at 1201 Polk St., to 25,000 square feet. Construction is slated to begin this spring, but the names of the companies working on the project were not immediately available."
  18. ChannelTwoNews
    New $6 million facility to be opened at Marker 37 (kztv10.com) "It was recently announced that a large $6 million entertainment complex will be built just south of Marker 37 Marina on Padre Island. The facility will include multiple amenities such as a rooftop restaurant and bar, eight pickle ball courts, 20 corn hole setups, a splash pad, a giant movie screen, and a beautiful view of the Laguna Madre and Corpus Christi."
  19. ChannelTwoNews
    Bryan Kang’s Dos Lagos Asset Plans $40M Hotel-to-Resi in Houston (therealdeal.com) "The Houston Housing Authority, in collaboration with Columbia Residential, is converting a dilapidated Holiday Inn at 2100 Memorial Drive, long an eyesore near Buffalo Bayou, into an affordable 197-unit senior living complex. " Wasn't that conversion torn down in favor of a shorter, newer building? And was it an eyesore?
  20. ChannelTwoNews
    Bryan Kang’s Dos Lagos Asset Plans $40M Hotel-to-Resi in Houston (therealdeal.com) "Hotel-to-resi developer Shir Capital acquired the defunct Wyndham Hotel at 14703 Park Row in 2022. It is planning to open Teak Living, a rental community, by the end of this quarter. " Teak Living in Houston, Texas | Pet-Friendly Living (liveatteak.com) TEAK - Apartments in Houston, TX | Apartments.com
  21. ChannelTwoNews
    Port of Galveston, MSC Cruises reach deal for 4th cruise terminal - Houston Business Journal (bizjournals.com) "The Port of Galveston's fourth cruise terminal complex will get underway soon thanks to a deal with Switzerland-based MSC Cruises. The agreement between the Galveston Wharves and MSC, which has been in the works since at least 2022, was signed this week. The project is slated to begin in early 2024 and be complete in time for the MSC Seascape to homeport at the new terminal in November 2025, Galveston Wharves said Feb. 6."
  22. ChannelTwoNews
    Fate of $62M Sunken Garden Theater makeover still unclear - San Antonio Business Journal (bizjournals.com) "Nearly two and a half years after the Brackenridge Park Conservancy first unveiled plans for a major renovation of the aging Sunken Garden Theater, the fate of that landmark project remains uncertain. But backers could finally learn in a few months whether there is the public support needed to advance their vision for the more than 90-year-old venue."
  23. ChannelTwoNews
    $58M downtown Marriott project seeks HDRC approval - San Antonio Business Journal (bizjournals.com) "Austin real estate company Merritt Development Group and Georgia-based Peachtree Group's $58 million Residence Inn hotel project at 100 N. Main Ave. is seeking design approval from the city's Historic and Design Review Commission."
  24. ChannelTwoNews
    HNTB takes space in Austin's Indeed Tower - Austin Business Journal (bizjournals.com) "Kansas City-based engineering and design firm HNTB recently moved its Austin office to downtown's Indeed Tower. HNTB said it took 20,000 square feet on the 24th floor of the high-rise."
  25. ChannelTwoNews
    New Facilities Place Houston Life Sciences ‘At The Cusp Of The Horizon’ (bisnow.com) "CEOs are also enticed by tours highlighting how close their employees could live to work, as that improves recruitment capabilities, she said, adding the Houston region is doing a good job of building those kinds of places. On the subject of tours, Bovermann said once she can get prospects and scientists to Helix Park, they are impressed by the amenities, which include collaboration space. “Scientists come, over 20 at a time, and [they] see the parks, they see the amenity floor where they can come, take a break and just walk out on a terrace,” Bovermann said. “They’re just like, ‘Wow.’” At the TMC3 Collaborative building, an atrium space with a 21-foot-tall LED screen is already booked for the next year despite still being built out."
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