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Everything posted by toxtethogrady
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Here's an update: ...Data from the Greater Houston Partnership also shows the the city of Houston hit another record in July for building permits issued. This includes a 27 percent increase for residential permits. Under construction (red dots on map): Projects: 85 Total units:23,781 Recently opened (Green on map): Projects: 72 Total units: 19,923 Proposed Construction (yellow on map): Projects: 61 Total units: 18,065... http://blog.chron.com/primeproperty/2014/08/multifamily-construction-projects-spread-over-houston-region/#26279101=0
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- river oaks
- solomon cordwell buenz
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Chevron Tower For Downtown At 1600 Louisiana St.
toxtethogrady replied to tangledwoods's topic in Going Up!
If it's just Houston that's getting expensive, it will hamstring some of the buildings being proposed downtown. However, if Chevron gets done spending on that $60 billion Australian gas plant, they might start looking at Houston again.- 1,170 replies
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- skyscraper
- office
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One Market Square: Proposed Office Tower For Block 43 - 800 Preston St.
toxtethogrady replied to lockmat's topic in Downtown
Well, it's something, but then we've seen dates busted before. I'm guessing nothing until Q2 of next year.- 989 replies
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- trammell crow
- downtown
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PNC Plaza At 2200 Post Oak Blvd. & Mixed-Use At 2120 Post Oak Blvd.
toxtethogrady replied to lockmat's topic in Going Up!
Are they kidding? US GDP figures just came out at 4.2%. The latest Texas Labor Market Indicator showed Houston has created 110,000 jobs YOY. Shouldn't a 2016 crash be a concern some place like Dallas?- 645 replies
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- stream realty
- rottet studio
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PNC Plaza At 2200 Post Oak Blvd. & Mixed-Use At 2120 Post Oak Blvd.
toxtethogrady replied to lockmat's topic in Going Up!
10%? I've been hearing costs have gone up almost 50%. And there are labor shortages. I wonder if any of those kids from Honduras know how to swing a hammer.- 645 replies
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- stream realty
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Camden Conte: Multifamily At 1515 Austin St.
toxtethogrady replied to Urbannizer's topic in Downtown
This one started life as 2x12. When the renders came out (shown on Page 1), it looked like 8. I'm not sure who got the idea it was 21, but it appears that the idea all along was for 8 stories - possibly in one monolithic building spanning two city blocks. Oh, well...- 762 replies
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- downtown
- multifamily
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Speaking of which, there's a tall crane over by the Medical Center. Which project is that?
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- ziegler cooper
- hanover company
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Tate At Tanglewood: Multifamily At 5880 Inwood Dr.
toxtethogrady replied to Urbannizer's topic in Uptown and Galleria Area
Well, the article says it's started. Now if this were DC, that H-E-B would be on the first floor.- 38 replies
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- multifamily
- zom texas
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Tate At Tanglewood: Multifamily At 5880 Inwood Dr.
toxtethogrady replied to Urbannizer's topic in Uptown and Galleria Area
Geez - everyone's looking for progress on building proposals that were announced in January. Considering some projects often don't start for years after announcement, a project doesn't die if it hasn't made any progress in 8 months...- 38 replies
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- multifamily
- zom texas
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One would think, but not everything out there is suitable. I see empty auto showrooms on the North Freeway, but nobody's in a hurry to redevelop them. But that could change.
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- river oaks
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The second time was before Skyhouse River Oaks was announced. But yes, this has made the rounds.
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- houston
- skyscraper
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HBJ is reporting from other sources that Houston is on a pace to build 30,000 homes this year - a record. Add that to the 18,000 apartments and it's still not enough.
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- river oaks
- solomon cordwell buenz
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University of Houston Football Stadium
toxtethogrady replied to KinkaidAlum's topic in Third Ward and University of Houston
Allen spent $60 million on it. And it's got engineering defects. -
University of Houston Football Stadium
toxtethogrady replied to KinkaidAlum's topic in Third Ward and University of Houston
Now, that's an Art Car! -
University of Houston Football Stadium
toxtethogrady replied to KinkaidAlum's topic in Third Ward and University of Houston
Including the one in Allen, Texas? -
This is probably one of the biggest projects since Heritage Plaza, and there are a whole lot more amateur photographers documenting this work than there were in the '80s.
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Elan Heights: Multifamily At 825 Usener St.
toxtethogrady replied to The Pragmatist's topic in The Heights
You mean not too many alligators?- 192 replies
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- the heights
- multifamily
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Hilton Hampton Inn/Homewood Suites Hotels At 710 Crawford St.
toxtethogrady replied to Houston19514's topic in Downtown
Yep - the first Porta-potty just showed up!- 486 replies
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- hilton hotel
- downtown
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The Menil Collection At 1533 Sul Ross St.
toxtethogrady replied to MontroseNeighborhoodCafe's topic in Going Up!
I'm hearing rents for a lot of the new buildings are $1.50-2.00 a square foot. The cheaper properties are all outside the Loop.- 420 replies
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- munoz + albin
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It seems it would also be too expensive to be running out of developable lots. But that seems to be the chief lament of the developers from Downtown to Conroe. Not only that, but land and materials are getting expensive, and labor is in short supply.
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- river oaks
- solomon cordwell buenz
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It's becoming more and more of a problem, as highlighted by recent articles in various publications stating that Houston is getting more expensive and less affordable overall. That's quite a reversal from ten years ago, when Houston's attraction was its affordability. And it's going to spread. The wards that used to have some of the cheapest real estate in town are now starting to attract a lot of gentrification (just ask the folks on the Northside, where Pegstar plans to put its new concert venue). The reaction of the middle and lower income population has been to move farther and farther out. The word is they can't develop lots fast enough to meet the demand for housing, and the demand for apartments absorbed 21,000 units in the past year. Houston is turning into New York.
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- river oaks
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Nancy Sarnoff at the Chron asked a similar question and came up with: AmREIT Camden Property Trust Weingarten LGI Homes Whitestone REIT http://blog.chron.com/primeproperty/2014/08/stock-snapshot-houstons-publicly-traded-real-estate-companies/
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- river oaks
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I had heard there were 28,000 units under construction at the moment - including some in buildings like 2929 Weslayan that have been underway for almost two years. And the pace of construction of 4-, 5- and 6-story midrises appears to be accelerating, if anything. But if one of those 30-story highrises has 300 units, it would take 60 of them to provide 18,000 units in a year. Imagine 300 new apartment towers in Houston by 2020. Now imagine it's not enough to meet demand.
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- river oaks
- solomon cordwell buenz
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MAA Afton Oaks: Multifamily At 3131 West Loop S.
toxtethogrady replied to lockmat's topic in Uptown and Galleria Area
If only it were going to be taller...- 93 replies
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- uptown
- multifamily
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