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DrLan34

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Posts posted by DrLan34

  1. http://blog.chron.com/primeproperty/2015/07/historic-midtown-building-to-be-redeveloped-for-veterans/

     

    "If the Commission grants the variance request, the applicant will be able to save a historical building and put more of the non-profit organization’s funding towards actual service provision instead of unnecessary demolition and reconstruction costs. Note that while the existing structure slightly encroaches in to the right-of-way, the variance would allow the applicant to construct the third story expansion with a zero-foot building setback and no visibility triangle offset."

  2. http://fuelfix.com/blog/2015/07/28/chevron-to-cut-1500-jobs-including-almost-1000-in-houston/#34195101=0

     

    Chevron to cut 950 jobs in Houston, 1,500 companywide

     

    Chevron previously had nixed employee growth plans for Houston and halted plans in late 2013 to build a 50-story downtown office tower. Chevron had previously said the tower was being delayed until at least 2016.

     

    “Chevron does not anticipate final approvals for a new office building in Houston in the near term,” Ritchie added. “We remain committed to the new building, however we continue to exercise strong capital discipline when assessing and prioritizing investments.

     

  3. I forget who asked about the infrastructure improvements planned for midtown but this was just posted by trymahjong as a separate thread. 

     

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    Posted Friday, July 17, 2015 at 4:47 PM

    from Cohen's enewsletter

     

    Public Meeting: W. Alabama Reconstruction

    Council Member Cohen and the Public Works and Engineering Department will host a public meeting seeking community input on the upcoming reconstruction of W. Alabama St, from Weslayan St to Main St. This project will be completed in segments, in partnership with the Upper Kirby TIRZ and the Midtown TIRZ.

    PUBLIC MEETING: W. ALABAMA ST RECONSTRUCTION
    Thursday, July 30, 2015
    6PM – 8PM
    St. Stephen’s Episcopal Church
    1805 W. Alabama St, 77098

    For preliminary details on the project, please visit www.ReBuildHouston.org.

     

  4. http://www.bizjournals.com/houston/morning_call/2015/07/new-aloft-hotels-coming-to-houston.html

    "As Houston Business Journal previously reported, one of the new hotels will be the Aloft Houston Downtown. The historic Stowers Furniture Building at 820 Fannin St. will be redeveloped into a 165-room hotel with 2,000 square feet of meeting space. It is expected to open in June 2016."

     

    http://blog.chron.com/primeproperty/2015/07/aloft-plans-three-houston-area-hotels-by-2018-six-more-across-texas/#34275101=0

     

    Aloft Houston Downtown: A renovation of the Stowers Building at 820 Fannin will feature 165 rooms and 2,000 square feet of meeting space. The hotel is expected to open in 2016.

    • Like 2
  5. https://www.bisnow.com/houston/news/deal-sheet/this-weeks-houston-deal-sheet-47690

     

    CBRE’s Aron Will and Austin Sacco secured $50M in construction financing for The Village of River Oaks, a 195-unit, Class-A senior housing community. The floating rate loan through a regional bank includes a six-year term with two years of interest-only and an all-in interest rate of 2.18%. The community is being built by Bridgewood Property Co and Harrison Real Estate Capital and is the first senior housing project built in River Oaks. Aron says it was a challenging deal but will be one of the highest-quality senior housing assets in the state.

    • Like 1
  6. http://www.bizjournals.com/houston/morning_call/2015/07/construction-starts-up-on-pizzeria-in-downtown.html

     

    Construction starts up on pizzeria in downtown luxury apartment

     

    Construction is about to start on the first Houston location for Athens-based Your Pie, a fast-casual pizzeria that hopes to capitalize on downtown’s growing residential base. Leading the development are two Houston businesswomen with around 30 years combined experienced in advertising, marketing and real estate.

    • Like 4
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