jgriff
Full Member-
Posts
1,052 -
Joined
-
Last visited
-
Days Won
2
Content Type
Profiles
Forums
Events
Everything posted by jgriff
-
We call it value plus and can get a bonus if we find something that will save the client or us money.
- 1,657 replies
-
- 3
-
- dc partners
- retail
-
(and 5 more)
Tagged with:
-
There is a meeting of the North Montrose Civic Association at the West Gray multi services center at 7:00 pm April 3rd. Hanover will be presenting information on the Buffalo Bayou project. I’ll probably attend and update this thread with any news.
- 955 replies
-
- 9
-
- solomon cordwell buenz
- hanover company
- (and 8 more)
-
The Sophie: Condominiums At 6017 Memorial Dr.
jgriff replied to Urbannizer's topic in Katy and Points West
70s and 80s apartment complexes are good enough to keep in certain areas. The reason they are torn down in others has less to do with materials of construction than the price of the land they are sitting on and the higher profits that can be made from newer and denser product. I'd say you are right, in some cases a 30-40 year lifespan is appropriate.- 123 replies
-
- 1
-
- condominiums
- mirador group
- (and 4 more)
-
You’d be surprised how fast your fear of heights goes away. It took me about a week to get used to it. It comes back if you stop doing it for a while though.
- 2,216 replies
-
- 8
-
- hines
- cesar pelli
-
(and 4 more)
Tagged with:
-
Drewery Place: Multifamily High-Rise At 2850 Fannin St.
jgriff replied to Urbannizer's topic in Midtown
I looked seriously into buying in a high rise at one time. I found that most of the ones I was looking at were very close to 0.75 a sf for maintenance. It didn't make any sense to me at the time. To me it was a very high price to pay in order to not have to maintain a house. That plus no yard and having to get in an elevator to take the dogs out were just too much for me. I would love the views but the cost and inconvenience were just too high. You can pretty much get a standalone house in the same area for half the payment.- 1,569 replies
-
- 3
-
- the preston partnership
- ziegler cooper
- (and 6 more)
-
Never underestimate yourself. There’s no telling what you will be able to afford someday.
- 2,421 replies
-
- 4
-
- whitestone reit
- mixed-use
- (and 6 more)
-
You think this is slow? 1916 West Gray is 6 years into construction. Still not done!
-
That really doesn’t make a lot of sense. People in the private sector get laid off all the time and no one gives a crap. Government employees have much better job security. These government employees didn’t even lose any money. Their pay was just delayed. I think this shutdown lasted 35 days, right? If you are going to get evicted that quickly you must not fear being laid off much. In the private sector you better be ready with some savings because no one cares about you being evicted. Many private sector jobs in Houston have politicians and government agencies who are actively trying to destroy our jobs. It’s too bad for the little people who get caught up in this but welcome to the real world. You never know if that next paycheck will come.
-
Now that I live in the core of Houston I’m all for light rail. I wish they’d put a rail line down West Dallas. I think it would enhance my property value. Since there’s usually some federal funding for these kinds of transit projects, the people who live in urban areas that receive these investments are essentially being subsidized by the people who live in rural areas. I’ll gladly let other people pay to enhance infrastructure of the area I live in. It’s the same situation as the downtown living initiative. The entire city pays for subsidized housing for the middle und upper middle class in downtown. As long as the corruption and pork belly spending are helping my property value and enhance my neighborhood I say keep it coming. Convince me that heavy rail to Katy would make my property more valuable and I’ll be for that too. That might be the case. Heavy rail to the suburbs could make it cheaper to do business in downtown which could keep companies from moving to the suburbs.
-
Exactly... I wrote a long post about how much I agree but then realized this is going too far off topic. I’m out on the evils of tunnels and fringe politicians!
-
There is a seriously large amount of development going on right now. Multi family seems to be exploding. I’m almost worried that it’s a bubble. Oil hit $55 this week and people in the know seem to think it will keep rising for now. If we’re seeing this at $50-$55 Imagine if we get to $80 this year.
- 920 replies
-
- houston
- skyscraper
-
(and 1 more)
Tagged with:
-
There is a seriously large amount of development going on right now. Multi family seems to be exploding. I’m almost worried that it’s a bubble. Oil hit $55 this week and people in the know seem to think it will keep rising for now. If we’re seeing this at $50-$55 Imagine if we get to $80 this year.
- 920 replies
-
- houston
- skyscraper
-
(and 1 more)
Tagged with:
-
There’s a bit of security in the tunnels also. The homeless are generally kept out. I stood on corners waiting for buses downtown for many years and was accosted a few times, once seriously threatened. I didn’t feel in danger in the tunnels wearing an expensive Swiss watch, on the surface I slipped it into my pocket in some areas. The biggest annoyance in the tunnels were the Lyndon Larouche people. I’d go to the surface just to avoid them. Bottome line though, I always preferred walking on the surface. Most days, even in Houston, the weather is nice for walking as long as it’s not too far.
-
It was a 6-7 block walk for me from the bus stop to my office downtown. On rainy or extremely hot days it’s a life saver. If the tunnels weren’t there I would have driven to work everyday instead of using mass transit. I didn’t really have to use them that often but it kept me from having to carry a slicker suit and umbrella to work everyday. For me, without the tunnels, mass transit in downtown Houston would have been unusable.
-
Yes, that lot is part of what was to be Regent Square. There seems to be no public information on it's status at the moment.
- 955 replies
-
- 1
-
- solomon cordwell buenz
- hanover company
- (and 8 more)
-
Regent Square: Mixed-Use On Allen Parkway At Dunlavy St.
jgriff replied to Travel_n_Transport's topic in Going Up!
I talked to my neighbors about this and the Hanover site. Their biggest concern is that something like a Wal-Mart will happen if the Regent Square project is abandoned. I couldn't imagine that happening on a site this expensive. Am I right? Would Wal-Mart or another big box retailer build in Houston on land that's worth around $160 a square foot? I'm always surprised at how most people are so anti-development. It seems many people in the neighborhood are not even happy with Hanover replacing the abandoned detention center and the other buildings North of West Dallas. They also complained about the lack of parks! We are about 1300 feet from Buffalo Bayou Park! Apparently crossing Allen Parkway is not possible.- 1,531 replies
-
- 6
-
- windsor communities
- gid development group
- (and 5 more)
-
Regent Square: Mixed-Use On Allen Parkway At Dunlavy St.
jgriff replied to Travel_n_Transport's topic in Going Up!
Maybe they took the website down in anticipation of a new one going up.- 1,531 replies
-
- 2
-
- windsor communities
- gid development group
- (and 5 more)
-
Regent Square: Mixed-Use On Allen Parkway At Dunlavy St.
jgriff replied to Travel_n_Transport's topic in Going Up!
Maybe they took the website down in anticipation of a new one going up.- 1,531 replies
-
- 2
-
- windsor communities
- gid development group
- (and 5 more)
-
The Herons Kingwood Marina: 300-Acre Master Planned Mixed-Use Development
jgriff replied to Urbannizer's topic in Going Up!
Real estate prices in this area don’t seem to support the economics of high rise construction. -
I was surprised at the price paid for the Detention Center site. My lot is appraised at $85/SF. Of course it's not suitable for development due to the size. Is it normal for a commercial size lot like this to be worth double what a residential lot would be? I hope this doesn't push my taxes up.
- 955 replies
-
- 1
-
- solomon cordwell buenz
- hanover company
- (and 8 more)
-
They had serious issues during Harvey. I'm sure Hanover will take the flooding issues into account in the design of the new buildings. On the site plan I believe only Reserve "B" would have flooding issues. I walked the entire area many times during Harvey since I live just a few hundred feet away. Since Hanover paid about $7 million an acre for the Detention center portion I'm sure The Center got a big price for their site, it was almost 7 acres. The property taxes on this development are going to be huge. Here's what The Center had to say about the sale on their blog. https://thecenterhouston.org/with-plans-for-a-new-location-underway-the-center-finds-a-temporary-home-on-kirby-drive/
- 955 replies
-
- 3
-
- solomon cordwell buenz
- hanover company
- (and 8 more)
-
Lots of details in this document. The entire site is about 13.5 acres. It looks like they've bought everything East of Martson street. They are adding several streets. Martson street and one of the new ones will connect to Allen Parkway. ftp://edrc.houstontx.gov//2019/2019-02_DraftAgenda.pdf
- 955 replies
-
- 2
-
- solomon cordwell buenz
- hanover company
- (and 8 more)
-
Sorry, delete this post...
- 955 replies
-
- 1
-
- solomon cordwell buenz
- hanover company
- (and 8 more)