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DrLan34

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Everything posted by DrLan34

  1. DrLan34
    http://houston.cultu...-new-complexes/ "Archstone has broken ground on a new complex that will contain 474 units on the northeast corner of North Braeswood and Brompton Road. It's on the site of the former Houston Scottish Rite Temple, which was demolished in 2008 in order to make room for a developer."
  2. DrLan34
    http://www.ultimatem...ect-to-be-green "In addition to improving the pedestrian experience through Midtown with well-placed wider sidewalks, including a shaded boardwalk between Gray and Hadley, the Bagby Street design includes a series of rain gardens, special street-side landscaping features that will help filter storm water runoff, Daza said." "Preliminary engineering for the project was completed last month, and construction, expected to take one year, could begin in September." "Estimated to cost $12 million, the project will rebuild Bagby with two southbound lanes and turn bays at Pierce, Gray, and Webster, providing parallel parking on both sides and using bulb-outs to aid pedestrian crossings. The design allows for a third lane to be added to accommodate future traffic volumes." "bulb-outs" - http://en.wikipedia.org/wiki/Curb_extension
  3. DrLan34
    http://www.chron.com...le/7555826.html something interesting... "New Era Hospitality Inc., an investment group, purchased the building with hopes of renovating it into to a high-end hotel in 2008, but construction stalled over money woes. "After we bought it, the financial market immediately crashed. We couldn't get a construction loan," said Ray Mohiuddin, the president of New Era Hospitality. "But we are getting close to one." " "A four-story building at 500 Fannin has been purchased by Robert Fretz, who owns a construction company, with plans proceeding for its renovation into retail and office space. "
  4. DrLan34
    http://www.chron.com...ss/7614443.html new story about the green features "Whole Foods said the Montrose store is its greenest in this market." "The company initially considered building the store above two levels of parking, which would have reduced the size of the lot out front and created a denser development on the 5-acre site. But the grocer decided against it because the amount of concrete required for that type of construction would have created a "huge heat island" Shaw said. "All that concrete absorbs heat all day and radiates it at night," he said. "It's a huge energy load." Green space also reduces that heating effect. Trees placed strategically throughout the parking lot will create a better aesthetic while shading the cars, Shaw said."
  5. DrLan34
    another old atcile on the subject http://www.chron.com/disp/story.mpl/front/3638251.html
  6. DrLan34
    Disney store opening up in galleria http://www.businesswire.com/news/home/20110523005879/en/Disney-Store-Accelerates-2011-Store-Opening-Schedule
  7. DrLan34
    http://www.businesswire.com/news/home/20110609006598/en/James-De-La-Garza-CEO-Ocean2Ocean-Development
  8. DrLan34
    Not sure if there is a thread on this already... my apologies if there is... http://www.businesswire.com/news/home/20110615005181/en/Archstone-Starts-Construction-Houston-Apartment-Community
  9. DrLan34
    http://www.businesswire.com/news/home/20110615006501/en/GilbaneHarvey-Selected-Build-ExxonMobil-Houston-Office-Campus
  10. DrLan34
    some stuff of the new permitting office next to 45 http://www.g2ld.com/wordpress/?tag=city-of-houston-central-permitting-center
  11. DrLan34
    http://www.smartapar...onstruction.pdf some intersting information from a new presentation "MID TOWN SITE PROPOSED Developer: Camden Property Company CAMDEN CITY CENTRE 2 PROPOSED Developer: Camden Property Company POST MIDTOWN SQUARE PHASE III PROPOSED Developer: Post Properties GABLES POST OAK PROPOSED Developer: Gables Residential MIDTOWN GROVE UNDER CONSTRUCTION Developer: Oxberry Group"
  12. DrLan34
    This project has been delayed for quite some time so take this with a grain of salt. I spoke to who I thought was the developer or someone close to the developer today over the phone. I asked him when he thinks the project would be completed. He said 12-14 months until it is completed, and then when he said - are you talking about retail or office, i said office... he said more like 14 months. He said they were finalizing the desing and in 1 months time there will be more information at the physical site. So, if the statements above are true, groundbreaking should be somewhat soon.
  13. DrLan34
    http://houston.culturemap.com/newsdetail/06-13-11-15-42-new-homebuyers-and-exxon-mobile-campus-driving-an-unlikely-residential-building-spree-in-houston/
  14. DrLan34
    yeah i think it is for vines.
  15. DrLan34
    agreed... going to be a lot development in this area!
  16. DrLan34
    I saw this on the comments tab from Culture Map... http://www.bizjournals.com/houston/print-edition/2011/04/29/dinerstein-cracks-galleria-area-with.html
  17. DrLan34
    we could have a decent cluster of buildings in this area once Travis Stree Plaza, Richmond Landing, and M Fifty Nine take off
  18. DrLan34
    http://blog.chron.com/primeproperty/2011/06/post-oak-site-to-include-luxury-hotel-and-spa/
  19. DrLan34
    I noticed a "Rent a Fence" around the lot next to whole foods today during lunch. I don't think I have seen this there before... could it be the housing project they had mentioned earlier?
  20. DrLan34
    From a late April Press Release...nothing detailed yet but there are some projects in the pipeline, just don't know if Houston is one for sure or not. "Development Activity Lease-up continued during the first quarter at Camden Ivy Hall, a $17 million joint venture community owned by the Fund which is currently 85% leased. Construction continued during the quarter on two wholly-owned development communities: Camden LaVina, a $61 million project in Orlando, FL; and Camden Summerfield II, a $32 million project in Landover, MD. Initial occupancy at these communities is scheduled for mid- to late 2011, with construction completions expected by early to mid-2012. In addition, the Company began construction during the first quarter on Camden Royal Oaks II, a $14 million project in Houston, TX scheduled for initial occupancy in late 2011 with construction completion expected in early to mid-2012. Subsequent to quarter-end, the Company began construction on three additional wholly-owned development communities comprising 978 apartment homes for a total cost of $141 million: Camden Montague in Tampa, FL, a $23 million project with 192 apartment homes; Camden Westchase in Tampa, FL, a $52 million project with 348 apartment homes; and Camden Town Square in Orlando, FL, a $66 million project with 438 apartment homes. In addition, Camden sold a land parcel in Washington, DC to the Fund for approximately $9.4 million subsequent to quarter-end, and the Company was reimbursed for previously written-off third party development costs, resulting in a gain of $4.7 million that will be recorded in the second quarter of 2011. Construction on this community - Camden South Capitol, an $88 million project with 276 apartment homes – also commenced subsequent to quarter-end. The Company has four additional development communities expected to begin construction later in 2011 or during 2012. "
  21. DrLan34
    http://houston.culturemap.com/newsdetail/06-10-11-hines-plans-upscale-apartment-complex-in-former-galleria-high-rise-spot/
  22. DrLan34
    This is at the corner of Alabama and Fannin. After looking into the variance request, I found that it is planned to be 6 stories with a 2 story parking garage. The approval of the variance request was postponed from June 9th to June 23, 2011... I haven't seen any renderings, only a floor plan. "The Men's Center is a very vital facility that provides a recovery program to alcoholics to regain their lives and dignity. The proposed plan is to redevelop the site by demolishing the existing development and erecting a new six story building with an exterior facade similar to that of a modern hotel and a two story parking structure for ample off-street parking. The proposed development can be accomplished only if the Houston Planning Commission grants a ten foot building line variance for this site along Fannin Street . The main factors attributing to this condition are the size of the land area of the existing site (less than one acre); the dilemma being that the site is not expandable because it is bound by three major streets of the Midtown area; and that there is no available land for expansion in this block of Midtown. The approval of a ten foot building line variance would allow “The Men's Center” to continue it’s longevity of enriching the community as it has done for almost 50 years now. The new and modern high density housing facility would be able to serve the greatest number of citizens possible from this existing site which is centrally located within the City of Houston."
  23. DrLan34
    The variance for this was just approved on May 26th, 2011
  24. DrLan34
    I asked Nancy if the variance has been approved yet... this is her response from today... "Sarnoff, Nancy to me show details 6:47 PM (1 hour ago) I believe it has and will be moving forward. Nancy Sarnoff Real Estate Reporter Houston Chronicle 713.362.7685 www.twitter.com/nsarnoff http://blogs.chron.com/primeproperty"
  25. DrLan34
    Some background information and pictures regarding other projects on the site... none about this project yet though. http://www.westonsolutions.com/services/property_redevelopment/propertyacq.htm "Brownfield Acquisition and Redevelopment WESTON has facilitated the sale, remediation and redevelopment of a range of environmentally impaired properties for over fifteen years. This experience, combined with a proven level of technical expertise, allows WESTON to provide total solutions to issues arising from Brownfield Acquisition and Redevelopment. We have extended our passion for restoring the environment to actively transform unproductive properties into economic assets. Whether these properties are acquired from government entities or from defunct corporations, these sites are often presented with significant risks including cleanup cost uncertainty, regulatory scrutiny, and unknown environmental conditions. Our goal is to align our interests with those of our clients, and to provide a market-based exit strategy for a contaminated property, through a variety of remediation and disposition options. The WESTON difference results in tangible benefits to our clients: • Maximum savings and quicker return to productive use through integrating environmental remediation and site redevelopment activities, and employing risk-based cleanup programs. We assume environmental liability at the corporate level, not a development LLC. • Future liability protection through innovative risk management strategies. We take downside risks on the cost of remediation while sharing in potential remediation savings and upside in property value. • Enhanced public image as clients are seen as proactive, environmentally responsible corporate citizens. • Structured financing options that meet the specific needs of the property owner and help ensure the success of the development program. We can invest cash or sweat equity in transactions in return for an ownership share."
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