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DrLan34

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  1. DrLan34
    http://blog.chron.com/primeproperty/2015/01/camden-goes-big-in-midtown-while-others-slow-down/ In a conference call Thursday, the head of the Houston-based real estate investment trust talked about its newest Houston project, McGowen Station in Midtown.
  2. DrLan34
    http://www.houstonchronicle.com/business/real-estate/article/Design-for-planned-downtown-hotel-gets-a-revision-6048121.php#/0 - "As part of the design changes, the hotel's entrance is also moving from the interior of GreenStreet onto Dallas. The hotel's lobby will be moved to the second level, as compared to the initial plan that put it on the top floor. The ground floor will contain retail space." - Stephen "Jamie" Bryant, executive vice president of Midway, said the company is working with a "well-known tenant" and a restaurant to take much of the retail space that formerly housed Books-A-Million. - The company is also marketing some of GreenStreet's second-floor space to office tenants who want to be downtown but not in a traditional skyscraper.
  3. DrLan34
    http://www.houstonchronicle.com/business/real-estate/article/Camden-prepares-for-slower-year-in-Houston-6049427.php?t=c1f3a1f499&cmpid=twitter-premium Still, the company is bucking that trend with at least one project it is planning to start this year. The development, the $90 million, 315-unit McGowen Station in Midtown, is expected to open in 2017. At that time, Campo said, Houston should have little new supply, as others are now pulling back. "When the market has a hole in it in 2017, we'll be there to fill it," he said.
  4. DrLan34
    http://houston.culturemap.com/news/restaurants-bars/01-28-15-midtowns-getting-a-new-barbecue-restaurant-with-a-pitmaster-legend-and-twin-peaks-level-eye-candy/ "Midtown's getting a new barbecue restaurant with a pitmaster legend and Twin Peaks level eye candy"
  5. DrLan34
    http://ucr.com/wp-content/uploads/2014/03/Midtown-Superblock-Leasing-Flyer.pdf
  6. DrLan34
    http://swamplot.com/hiness-32-story-apartment-tower-catty-corner-from-market-square-is-going-up-now/2015-01-20/ A WEEK later than promised, trucks and equipment have been moved onto the southeast corner of Preston and Travis streets downtown, ready to carve a 32-story highrise apartment building out of this surface parking lot, a reader reports (sending the above pics). Meanwhile, Ziegler Cooper’s design for the tower has grown more brick-y and a bitless sleek and Mod than renderings featured a year ago on Swamplot appeared to show. The building hascontracted since then as well: It’s now 1 floor shorter, and — at 274 units — 15 apartments lighter than indicated previously. The building will still feature street-facing retail space on the ground level of its (now) 8-floor garage podium, and a pool deck above, according to the architects: Construction is expected to be complete by 2017.
  7. DrLan34
    Nothing new, just bisnow's take on it: https://www.bisnow.com/houston/news/multifamily/camden-superblock-development-is-on-downtown-may-have-to-wait-41877 CAMDEN: SUPERBLOCK DEVELOPMENT IS ON, DOWNTOWN MAY HAVE TO WAIT A slowing economy won't affect Camden's plans to develop Midtown's Superblock, chairman/CEO Ric Campo told the Chronicle.
  8. DrLan34
  9. DrLan34
    Cranes left to right. 1. Dolce Living at Midtown West Crane 2. Dolce Living at Midtown East Crane 3. The Hamilton Apartments 4. Alexan Midtown 5. Pearl Phase II 6. Mid Main North Crane 7. Mid Main South Crane 8. Broadstone Phase II
  10. DrLan34
    http://www.houstonchronicle.com/business/real-estate/article/New-apartments-add-to-downtown-boom-6013209.php?t=bd840817c3&cmpid=twitter-premium New apartments add to downtown boom Project proposing 290 rental units receives approval, which leaves incentive program near its cap
  11. DrLan34
    Cranes left to right. 1. The Hamilton Apartments 2. Alexan Midtown 3. Pearl Phase II 4. The MATCH 5. Mid Main (Still being assembled) Broadstone Phase II crane just to the right of this picture.
  12. DrLan34
    haha I captured the MATCH in front to show the level of construction activity. That is the crane for Mid Main.
  13. DrLan34
    Badass, crane going up
  14. DrLan34
    http://blog.chron.com/foodchronicles/2015/01/first-look-at-new-oporto-fooding-house-wine-in-midtown/#29616101=2
  15. DrLan34
    Update
  16. DrLan34
    I think my source was wrong on the date since the lot is still easily accessible. As of January 3rd, 2015, the only change I noticed was this "Reserved Parking" sign at one of the lot entrances.
  17. DrLan34
    Phase II:
  18. DrLan34
    -
  19. DrLan34
    This will be part of the new pre-owned sales offices. That will all be cemented more or less so they can park more inventory there.
  20. DrLan34
    http://www.wsj.com/articles/hands-off-houston-tries-carrot-to-lure-downtown-dwellers-1419958122 Thus far, demand and rents have exceeded the company’s projections. The tower, which also has a rooftop pool, barbeque grills and offers yoga classes, is about 45% rented— a number that is increasing quickly, he said. Apartments there rent for about $2,600 or more for a two-bedroom and $1,650 or more for a one-bedroom, a comparable level to new development in other parts of Houston. Mr. Borders, too, said he likely wouldn't have broken ground without the tax breaks. “We’re very bullish,” said Mr. Borders, who is planning a second tower across the street.
  21. DrLan34
    -
  22. DrLan34
    My source has gone quiet, let's see if this holds true...
  23. DrLan34
    Update from today.
  24. DrLan34
    http://swamplot.com/part-of-old-hardy-rail-yard-to-become-a-mostly-affordable-near-northside-apartment-complex/2014-12-23/ http://residencesathardyyards.com/ "Earlier this month City Council approved a performance-based loan of $14,500,000 in federal hurricane relief money to the Houston and Financing Corporation-created entity HY FS LLC to build a 350-residential unit development on part of the 49-acre recently guerrilla-gardened property. One condition of the loan: that 179 of the total of 350 one- and 2-bedroom units be affordable:"
  25. DrLan34
    This one is vertical now.
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