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toxtethogrady

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Everything posted by toxtethogrady

  1. There's a Gaylord in Grapevine with over a thousand rooms. Not that it helps bring convention business to downtown Dallas.
  2. The best indicator of cost cutting value engineering is the statement that the hotel will lose 4 floors but still have the same number of rooms. Smaller rooms, obviously; the customer experience is going to suffer.
  3. I would be VERY surprised if the Days Inn becomes a W. I would not be surprised if it becomes a parking lot.
  4. That parking garage is going to stick out like a goiter.
  5. The crappy old Days Inn is going away?
  6. Can Houston find enough visitors to occupy all these new luxury hotel rooms?
  7. I think that pic represents plenty of density. No one would have dreamed of it 20 years ago.
  8. How big is this thing supposed to be? Hilcorp is 23 stories and is kind of lost downtown. Amegy's 24 stories and is going to be very visible against 610.
  9. You leave too much cash lying around, two things could happen, none of them good: 1. Carl Icahn could demand you share it with the shareholders; 2. Somebody will try to take over the company, just to get their hands on the cash. Apple's now got the biggest cash pile on the planet. Their problem is they can't spend it fast enough. I want to have more money than I know what to do with...
  10. That actually looks kind of nice, for a low rise. They ought to make all the warehouses look like it.
  11. Delia's is going out of business. The 'tween market is a cutthroat place to be.
  12. Forever 21 does not strike me as the kind of marquee retail destination that III Forks represents. It's like having Charming Charlie's as a signature tenant.
  13. Yep, Dallas just knocked down a 12-story office building to make room for a Sam's Club.
  14. WTI Oil's at $52 a barrel this afternoon, and I'm not sure why. The Chronicle had an article that said $50 a barrel oil was going to shift the center of gravity for development from the west side to the east side. The problem is a lot of those petrochemical plants operate with minimal staffs, so employment will drop after construction is done. On the other hand, the developers can always try to entice manufacturers of products using plastics to set up close to the plants do as to take advantage of the raw materials being generated, and that may employ a larger number of people. Throw in the pending opening of the Panama Canal, and there's an incentive for a whole lot more manufacturing, warehousing and distribution. But oil back at $75 will allow this town to continue growing without sending prices at the pump above $3 a gallon.
  15. For Exxon Mobil, it's just a property tying up resources they'd rather devote elsewhere.
  16. That's probably the best luck Shorenstein has had since this redevelopment got announced. This may be one of those instances where both the City and the developer got lucky. The developer gets a 100% occupied building, and the City avoids spending a billion dollars.
  17. The south leg from Cushing to Port Arthur was always a go. You just didn't know it paralleled 59. Incidentally, that 62-36 Senate vote was a great bit of theater that means nothing. One presidential veto coming up!
  18. When I first saw the announcement last summer, I had no idea who Richland was, and I still don't. I hope they're still viable.
  19. I am surprised that they raised the tower crane at groundbreaking. Don't they have to drill piers and dig out a foundation first?
  20. Perception being reality is the reason Houston ran out of homes (apartments, developable lots, retail space, etc., etc., etc.) earlier this year. If the development pipeline dries up and people keep moving to town, things will only get more unaffordable. That said, I'd feel more confident that this thing gets built if I knew they had financing lined up.
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