79ta

Is this related or a new project?

Quote

Houston council OKs $12.5M to replace low-income housing project displaced by I-45 expansion

City Council on Wednesday approved a $12.5 million loan to cover the city’s share of a Midtown housing development for low-income and homeless people that will replace a nearby property slated to be demolished as part of the Interstate 45 expansion project.

The 95-unit project, located at 1703 Gray St. near the I-45 and I-69 interchange in north Midtown...

The development, known as Temenos Place Apartments, is intended to replace Temenos Place II, a similar project that sits across the interchange from the new location and was acquired by the Texas Department of Transportation last year for the agency’s planned expansion of I-45.

https://www.houstonchronicle.com/news/houston-texas/houston/article/Houston-council-OKs-12-5M-to-replace-low-income-16298924.php

On 6/10/2021 at 4:03 PM, tangledwoods said:

The city will recover its investment through a 20-year lease agreement

When it says the investment will be recovered, is that 2021 dollars or 2041 dollars? 

For example, $1 in May 2001 would be $1.52 in May 2021. So if that rate holds $40M now would be something like $91M in 20 years. (Someone please check the math)

  

23 hours ago, Houstonian4Life said:

ABC did a segment on East River this morning.  East River posted it on their IG page, not a whole lot of info, just that summer is groundbreaking.  No mention about the golf course / icehouse though.  

It's almost like ABC 13 reads this forum and is trying to stir up conversation. They titled the segment "Houston's own River Walk? See what's going up along Buffalo Bayou"

here's a link the video - https://abc13.com/east-river-houston-buffalo-bayou-fifth-ward-mixed-use/10613983/

2 hours ago, Houston19514 said:

 

Would something like this be better?

I can't speak for Triton but will echo his sentiment. A more water-centric design is preferable to the back side of buildings and a pedestrian path. Ideally it would be developed more like the Riverwalk in San Antonio (pictured below). Having said that, I'll trust Midway and take this over the current field or allowing someone like Randall Davis to develop it...

Looks like Cities Skylines Snowfall: Houston edition.

unfortunately no designs are shown on their website - https://trademarkproperty.com/property-posts/memorial-city-mall/

7 minutes ago, hindesky said:

I think this pertains to the old Bayou City Seafood on the west side of this complex.

Correct. The demo permit is for 4730 Richmond (the old location). I was thrown off for a second as well.

2 hours ago, Urbannizer said:

https://www.marquettecompanies.com/new-development

In early 2020, Marquette will break ground on a 332-unit, mid-rise multi-family development in Houston’s East Downtown (EADO) district.  Situated on 3.28 acres at 400 Jensen Drive, the development is located along Houston’s historic Buffalo Bayou, a 53-mile river running east through Houston to Galveston Bay and the Golf of Mexico.  The building will feature a dedicated park and green space, with connectivity to over 3 miles of trails, 17 acres of parks, and a nearby kayak launch.  The apartments will average 920 SF, including junior, one-, two-, and three-bedroom floor plans with 5,000 SF of retail.  Groundbreaking is scheduled for January 2020, and first units are anticipated in the summer of 2021.

the worlds largest golf course. no greens only sand traps and water....

4 hours ago, X.R. said:

I spoke too soon. I emailed the homies from the neighborhood association and...maybe they aren't as supportive as I assumed they would be. I don't really understand why, because the Southmore is pretty massive and I don't see anything bad stemming from it. In fact, they might be the only reason Java Lava Brew has such consistent business since people just stumble out of their place and fall into that coffee shop/bar/food place. 

 

Weird. But @thatguysly called it. 

What'd you ask and how'd they respond?

seems like it may be delayed a little longer....

https://www.houstonchronicle.com/news/transportation/article/Opponents-of-Houston-Dallas-bullet-train-trumpet-13607501.php?src=hp_totn

Quote

Opponents of Houston-Dallas bullet train trumpet ruling that company is not a railroad

 

The planned high-speed rail project from Houston to Dallas hit a big obstacle last week in rural Leon County when a judge there declared the project’s backers did not have authority to force landowners to sell or provide access to properties.

1 hour ago, rechlin said:

I wonder what the long-term plan is for the "apron" part of the lot facing Kirby?  It will have two buildings, the existing Beck's Prime (which I assume is at least presently under separate ownership), and the new small building going up as pictured above, which I think someone said was going to be a restaurant as well.  I wonder if they will stay low-density like that, but perhaps be made into something higher-density in the future?  Or maybe they are planning to keep it like this in order to protect the views of the residents?

 

Also, it was weird looking at the beginning of this thread, seeing a bunch of unrelated posts from 2004 that talked about Christmas, especially since the renderings that replaced the first post were from probably 2014.

saw that too. was wondering if this was really a 14 year project...

What's a RUMP RUZ?

13 hours ago, Naviguessor said:

http://www.chicagotribune.com/news/chicagoinc/ct-met-houston-bean-0328-chicago-inc-20180327-story.html

 

Hilarious article in the Chicago Tribune. They are sounding very insecure...

reading the comments is a much more worthwhile endeavor. a couple of my favorites:

"Kapoor is obviously interested in selling overpriced Mirrored Monoliths to any and all takers. This version couldn't be creepier if Sigourney Weaver and Ridley Scott attended the dedication ceremony."

"I don't think they moved from Chicago. Odds are they were shot." 

for some perspective: city centre is about 47 acres while regent square is just 23 acres and this site is an astonishing 150 acres

city centre is already nearing 13 years old   it's almost complete but still growing.

regent square is coming up on 10 years old and there's not much to say... 

hopefully AMZN will come in and, along with midway, build this site out quickly

DAY 1?

is this for the corner where the grocery store was originally planned?

36 minutes ago, Nate99 said:

 

I'd guess that the costs sunk in to the parking lot aren't going to move the needle much for a future investment opportunity, whenever that comes around.  I see it more as a nice gesture on Hines' part keeping the place from looking rough like the International Tower block next door was before they started in on it.

 

In 30 years, those trees could nicely shade the sidewalks. one can hope that we won't find out.

one would think the parking fees will pay for the lot for and then some by the time construction begins.

23 hours ago, august948 said:

I suspect the reason those buildings are lit up is that they are owned by the same company.  Even the construction cranes have the same lighting.

They're owned by Metro National and I'm sure the Memorial Management District has something to do with it too. They're responsible for the lit towers along i-10.

rooftop lighting was on tonight, an orange color, to match the development around the mall

sorry, no pic.

6 hours ago, HoustonIsHome said:

For that size, 40% leased should be enough to have a noticeable affect on activity in that area.  Can't wait for it to all come together as that neighborhood matures

will this have 380 or 400 units?

either way this will have a minimum of 150-175 people moving to that side of downtown very soon.

bump

7 hours ago, Houston19514 said:

 

Hmmm... the opening paragraph says construction will start in January and then it quotes the developer as saying construction will commence in November...

the developer must be on Australian time...

19 hours ago, Mab said:

http://pubs.hawthorncreative.com/valenciagroup/

 

renderings on page 42-43 

 

 

thanks for the link. i think more impressive than the renderings is that burger on page 21 

what is considered medium density?