79ta
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Posts posted by 79ta
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I don't think this one was posted above. From the Chronicle.
QuoteThe boutique office project will wraparound the existing brick building on the site. The start of the office construction has not been scheduled, but in the interim, Triten plans to clean up the brick building and enhance the grounds so that it can be turned into a temporary art gallery, beer garden or space for live music or an artisan market.
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On 8/7/2022 at 5:46 PM, BEES?! said:I have an on-topic question. What sorts of greenspace is planned for ION?
I'm sure there are better pictures out there but here's what I found. It looks like there's a plaza in the center.
You can see part of the plaza here
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From today
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5 hours ago, hindesky said:
The before:
A nice addition!-
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Seems like a good use for the space and a nice update for this area of Katy.
QuoteOn Monday, Katy city council unanimously approved a new rendering for the downtown plaza renovation plan. The council also authorized Mayor Dusty Thiele to sign an agreement with design firm LJA Engineering.
LJA Engineering has previously estimated the project will cost about $2.7 million in total, with the goal in mind to turn Katy's downtown and historic district into a destination area. The project's design cost was about $378,000 and funded through reserves in the city's general fund.
https://www.houstonchronicle.com/neighborhood/katy/article/downtown-plaza-rendering-17335496.php
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2 hours ago, hindesky said:
Live at Houston's most iconic address? 759 Gillette St? What's so iconic about that?
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On 6/27/2022 at 9:48 PM, toxtethogrady said:
Interesting. Chevron just announced they're moving more people from San Ramon to Houston. If they're not building anything new, then where are they putting these relocated people up?
On 6/27/2022 at 9:55 PM, hindesky said:As far as I know Chevron took over the two Enron buildings and some of the old Continental/United tower.
This doesn't mention specific buildings but it sounds like Chevron has space available for the transfers.
Last week Chevron confirmed it will remain in California, but it is inviting employees to move to Houston...
It's still a question though of how many of its 2,000 employees in San Ramon would actually make the move. Chevron isn’t requiring employees to move to Texas, but its offer to cover employees’ relocation is another sign that Houston is a primary center of operations for the oil major. Chevron has about 8,000 employees in the Houston area, including about 6,000 employees in downtown Houston...
The energy firm has roughly 3 million square feet of office space in downtown Houston spread across three buildings. Chevron also owns two office buildings in northwest Houston that it picked up after it acquired Noble Energy. One of those 438,000 square-foot building represented one of the largest blocks of sublease office spaces available in Houston area as of the first quarter 2022, according to real estate firm Cushman & Wakefield. In the past year, Chevron also moved into a leased small office space in The Ion, Rice Management Co.’s startup incubator in Midtown Houston.
They're not moving the HQ at this time. Exxon relocated many of their employees here but left their HQ in DFW until recently. Is Chevron following this game plan?
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Luxurious, resort-style residential development coming near Globe Life Field, Choctaw Stadium and AT&T Stadium
A new 300-unit, upscale resort-style residential unit is coming to Arlington.
The development is called "One Rangers Way," lying right in the heart of the Arlington Entertainment District near Globe Life Field, Choctaw Stadium and AT&T Stadium.
The Texas Rangers and The Cordish Companies announced new details for the residential community on Friday, adding to the momentum of new development in the area that began with the opening of Texas Live! in 2018.
The project adds to the nearly $1 billion of new development currently under construction in the Entertainment District that includes the forthcoming Loews Arlington Hotel & Convention Center and National Medal of Honor Museum, which recently broke ground on March 25, officials said in a press release.
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9 hours ago, Urbannizer said:
does this add a couple of floors or higher ceilings?
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On 4/1/2022 at 11:58 AM, Paco Jones said:
The office will be part of a dynamic walkable masterplan with multifamily, grocery-anchored retail and entertainment uses.
From the website:
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Seems like this is bigger on the "cool" factor than anything else.
from the article:
QuoteDarkPulse (OTCMKT: DPLS) leased just over 4,200 square feet of space in the Mellie Esperson Building at 815 Walker St. The tech firm currently lists New York City as its headquarters, according to the U.S. Securities and Exchange Commission. The 10-year Houston lease commences on March 1.
DarkPulse said it plans to hire approximately 50 employees for its Houston headquarters. Additionally, some corporate members based in the U.K. will relocate to the Houston office, including the company's Special Teams unit...
The technology company recorded net losses of $275,841 and $1.83 million during 2020 and 2019, respectively, and to date hasn't generated operating revenue, DarkPulse said in its latest annual report. During the nine months ended Sept. 30, 2021, DarkPulse reported a net loss of $1.92 million, the firm told investors in a November quarterly report. DarkPulse is seeking to raise additional capital to accelerate sales and marketing efforts and to begin generating revenue.
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With the (anticipated) success of the rooftop amenities at POST, when are the GRB people going to add some green space of their own?
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Construction underway for mixed use Asian City Center in Houston’s Chinatown
A Houston-based developer has broken ground on the first building of a 4.5-acre commercial development called Asian City Center at Beltway 8, just south of Bellaire Boulevard.
Real estate investor and developer Steve Hsu, whose firm Asian City Development Inc. is building the center, said the six-story retail and office building will be completed by the end of the year.
Houston-based Landmark Development Group is the general contractor, and Seguin, Texas-based First Commercial Bank is providing financing.
All 48 commercial units will be available for sale, not rent, and 30% are already presold, Hsu told the Houston Business Journal.
The first floor will be reserved for retail and include Asian restaurants and tea shops. A parking garage will occupy the second, third and fourth floors, and the fifth and sixth floors will primarily be office space. Units that are already presold include offices for medical, attorney, insurer and real estate tenants, Hsu said.
Units range from 1,288 to 2,189 square feet for $386,400 to $798,460.
With this commercial condo concept, Hsu said companies won’t have to worry about paying rent. “Here you can finance it, pay the mortgage payment, and then you own it and you enjoy the appreciation,” he said.
The next phases of the development include two 15-story residential condo towers each with 250 one- to three-bedroom units. Hsu said he hopes to start construction on the first tower in the third quarter of this year.
He acquired the property not long before the start of the pandemic and had planned to begin developing in 2020, Hsu said. But like so many projects during this time, it was delayed, and Hsu just got the building permit in November.
Chinatown was one of the first parts of Houston that felt the impact of the coronavirus — even before the first confirmed case in Texas. Many retailers and restaurants lost business as early as in January 2020 as false rumors about the virus in Chinatown spread on mostly Chinese social media.
Hsu is optimistic that now is a good time for the development, even though there is no end in sight for the Covid-19 pandemic. “Now, people have to live with (the virus),” he said. “They are cautious in the public area, … and people get the vaccine injections, so they are more comfortable.”
https://www.bizjournals.com/houston/news/2022/01/25/asian-city-center-groundbreaking.html
@zaphod yes but 15 floors rather than the 30+ shown in the render above
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10 hours ago, Urbannizer said:
Anyone have access to the full article ?
Quote$500M project update: DC Partners' 35-story hotel-condo tower near Buffalo Bayou Park tops out
Houston-based DC Partners has crossed a key milestone in the company’s effort to open the Allen Parkway corridor's first combination condominium-hotel tower.
The company hosted a Jan. 13 topping out ceremony for The Residences at The Allen, the centerpiece of DC Partners’ $500 million mixed-use development at 759 Gillette St.
During the ceremony, DC Partners officials signed a steel I-beam with celebratory messages to honor the occasion. The I-beam was later installed in the building as part of a tradition to bring good fortune to the project.
When it opens next year, the 35-story tower will have a 170- room Thompson Hotel occupying the first 15 floors of the building and 99 condo units on floors 16 through 35. Condo residents will have access to a private lobby, the hotel’s concierge service, an on-site restaurant and a seventh-floor amenity space and outdoor pool deck.
DC Partners hopes to offer its residents and hotel guests a lockand-leave lifestyle and luxury amenities unlike any other condo project in Houston. The company plans to start allowing residents to move in early next year, and the hotel is scheduled to open in the second quarter of 2023.
Condos in the building currently range from $800,000 to upwards of $8 million — up from DC Partners' initial asking prices. Last year, DC Partners President and CEO Roberto Contreras said the units had starting prices ranging from $580,000 to $2.4 million on the penthouse levels.
To date, 55% of the units have sold, leaving about 50 still open to purchase. The sales include the massive 12,000-square-foot penthouse on the top floor of the building, which found a buyer about four months ago. DC Partners declined to comment on the sale price of that unit.
Samuel Katz, director of sales for The Residences at The Allen, said the company has been pleased by the level of buyer interest, which remained strong throughout the pandemic.
“We opened the building to sales in 2019, and then the universe threw everything it could at us,” Katz said. “We had a good level of sales in 2020. But you could almost feel the level of interest pick up in January 2021. Now that we are vertical, it’s gotten much easier to find buyers because they can see for themselves what the views are like and what the building has to offer. The building itself is the biggest sales pitch we can make.”
Contreras added that being able to bring prospective buyers into the building has brought about a shift in which units were being sold.
In the beginning, he said, most buyers wanted a unit on the side of the building facing downtown, anticipating its unobstructed views of the downtown skyline would be unlike any other condo units in the city.
“Now, we’re seeing people buying units on the other side of the building because they can see the spectacular views of the bayou, the Galleria and all the way to Katy,” Contreras said. “There is also a significant difference in price for units on the downtown side, which has also driven that shift.”
Katz said most of the buyers have been local empty nesters looking to downsize their living arrangements while gaining access to upscale amenities. However, the building has also received interest from international buyers entering the Houston market, he said.
“We have really benefitted from our decision to invest in technology upgrades early on,” Katz said. “The same technology that allows us to show off the building to an international buyer allows us to beam into the home of people everywhere. That has been a huge help throughout the pandemic.”
But getting to this point has not been easy. Contreras said the widely reported strain on global supply chains brought on by the pandemic affected Houston-based general contractor GT Leach’s ability to obtain key building materials. DC Partners was forced to switch many of the suppliers it was working with, favoring U.S.-based companies that don’t have to deal with bringing in materials through ports of entry.
“We’ve gone with U.S. suppliers for our tile and paving stones, for example, because of how long it was taking to get the materials,” Contreras said. “Normally, we would have brought those in from places like Italy or Spain. But with the supply chains, it’s been very difficult.”
But the biggest challenge, Contreras said, was getting custommade carbon-fiber panels that encase The Allen Lifestyle Pavilion, the standalone retail and restaurant center adjacent to The Residences at The Allen, as well as parts of the hotel-condo building itself. The silver-colored panels were provided by Australia-based Shape Shift and were manufactured at a factory in Indonesia.
“We dodged a bullet with that one,” Contreras said. “Covid shut down the factory for several months, and we weren’t sure it would reopen. When they finally reopened, they were able to make up for lost time, and we were able to obtain the material.”
It’s a good thing, too, Contreras said. The carbon-fiber skin was a key element of St. Louis-based HOK’s design for both buildings and marked the first time Shape Shift would supply a U.S. commercial development.
“It was important to us to use such a high-quality material because it shows that we aren’t cutting costs just to cut costs,” Contreras said. “We wanted to use the material to create a sculpture of a building that really paid tribute to the area and showed we were building something beautiful next to (Buffalo Bayou Park), which the city has invested so much money in.”
So, when it seemed that getting that particular product to Houston might not happen, Contreras said his team had a few sleepless nights.
“We didn’t know what we would do if the factory didn’t reopen,” Contreras said. “It was really scary for a while. But they did great work to get it here with only a slight delay.”
The supply-chain issues have added about $12 million in additional costs to the project. This phase of the project is expected to cost over $280 million.
“The cost has gone up a little bit,” Contreras said. “But the sales have been going really well, which helps to absorb some of those costs. Even with the supply-chain challenges, we’re still on schedule, which really speaks to our team, GT Leach’s team and HOK’s team.”
Contreras said he’s been pleased with the pace of construction on both the The Allen Lifestyle Pavilion and The Residences at The Allen.
The pavilion is scheduled to open later this year, and DC Partners has already lined up a company to operate its fitness center, as well as a company to run the rooftop bar.
Neither company could be named at this stage. But the bar will be operated by a “new-to-Houston company,” while the fitness center will be “run by the best fitness company in the city,” Contreras said.
Both of those tenants are waiting on permits to begin the buildout of their respective spaces. “There is a lot of momentum for the fitness center to open before the end of the year," Contreras said.
DC Partners is also looking for tenants to occupy about 11,800 square feet of retail space on the first floor of the pavilion.
The company is also moving ahead with plans to kick off the second phase of The Allen’s development. Late next year, the company plans to begin work on a multifamily project that will combine limited retail with luxury apartment living.
Contreras also hopes to land a grocery store for the next phase of the project. “We want to create an environment where everything you need is right there waiting for you,” Contreras said.
That said, DC Partners has canceled plans to include an office component as part of the project. “There is just so much availability in office product in Houston that it didn’t make sense,” Contreras said.
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4 hours ago, Urbannizer said:
Does it look like they're going to close down part of Dallas St. for pedestrians?
This one alone looks great but the hotel/residential tower behind it is going to bring even more life to this end of downtown.
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From Aspire by u/Aurelian_Lure on Reddit.
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Not much good going on inside today in game 2, but some nice shots above the park. This building is a nice addition to downtown.
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Glad to see some positive development in this part of town.
Bethune Empowerment Center Revitalization Project breaks ground in Acres Homes
An 8-acre tract of land which previously housed the Bethune Academy Elementary School at 2500 S Victory Dr. is being repurposed as a business incubator and vocational center for the Acres Home neighborhood, according to a press release from the Mayor’s Office...
An offshoot of the Acres Home Complete Community Action Plan, the Bethune Empowerment Center will offer job training, apprenticeships, skill-building services, small business resources, co-working spaces, and business incubators...
The Bethune Empowerment Center will consist of ten buildings which will be renovated in three phases. Phase 1, comprising approximately 29,000 square feet, includes the renovation of the school’s cafeteria building into a commercial kitchen space and event space that allows for business development, agricultural training, certification, and other culinary arts programming.
The remainder of Phase 1 will include a community garden and several workspaces, including for-lease offices, conference rooms, administrative office space, breakroom areas and collaborative working spaces.
Construction for Phase 1 will be complete by the end of 2021. Phases 2 and 3 will include additional offices for the business incubators, classrooms, early childhood daycare/after-school care, and conference rooms.
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12 hours ago, Big E said:
I didn't even realize the needles were gone till you said something! Why did they take them down?
Financial reasons...
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The UFC started a fight week vlog series a while ago and UFC 265 is in Houston this weekend. There are some nice of downtown from 45 and Eleanor Tinsley park throughout the video.
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can we agree to call it Harmony House and not the stupid stick shack?
stick shack sounds straight out of deliverance
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31 minutes ago, wilcal said:
This has probably been asked before, but what is the stick construction down by the highway?
one page back.
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10 hours ago, db650 said:
12 stories? Taller than I thought. I guess we need the podium parking finished in the Randall Davis signature way on top of the residences.
This is mostly in jest. The podiums might be ugly, but at least he gets things built.
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disappointing news
Quote“Texas Children’s Hospital purchased Fannin Tower in late 2016, and has discussed branding opportunities as the new owner. While most of our focus was on developing a plan for the building’s interior, the recent failure of an aviation strobe at the top of the east spire prompted a study of some of the exterior elements of the building as well. Our engineering team discovered the hoist system designed for strobe repairs became compromised at some point over the last 30 years, causing the work to replace the aviation strobe to be much more complex and costly. Out of an abundance of caution, we commissioned a study of the hoist system and structural elements of the spire system. The results indicated it would be more cost-effective to remove the spires rather than implement a long-term repair of the system. Texas Children’s opted to remove the spires when factoring in the risk and cost of accessing the strobes 470 feet above ground level every five years.”
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Rosemary's Place At 3300 Caroline St.
in Going Up!
Posted · Edited by 79ta
seems they had a change of heart...
https://www.houstonchronicle.com/politics/houston/article/Houston-City-Council-OKs-homeless-housing-17395326.php