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lockmat

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Posts posted by lockmat

  1. From what I've heard one of the main arguments is the labor participation rate has fallen, which they view as a more accurate economic barometer versus unemployment.

     

    They say the unemployment rate doesn't include unemployed people who have simply stopped looking for work because there isn’t any.

     

    That may be part of the reason why they stopped looking. It could also be baby boomers retiring. I don’t know, but I’m sure it’s a multitude of reasons. But which is/are the dominant ones?

    • Like 2
  2. 27 minutes ago, swtsig said:

     

    hines paid the highest price for a piece of dirt ever in Houston at $550/sf for the chronicle site.

     

    I can see why. Proximity to rail, historic district, bayou, office space, park, residential, retail, the arts, freeway ramps, skyline visibility, tunnels, growing area, jury duty, err.

     

    What did I leave out?

    • Like 2
  3. 4 hours ago, bobruss said:

    Someday there going to build something spectacular on the block that was going to original be the site for the Bank of the Southwest tower.

    I believe that is the corner of Milam Louisiana Walker and McKinney. I could see Houston's first supernal right there.

     

    That would be my best guess since it's the only available lot in what may be the most desirable area of downtown for office space.

     

    However, our next supertall I think will most likely be mixed use. For this site what's best imo is office #1, hotel #2, but I don't see it as a desirable place to live. Although a very clean and good-looking area, I don't think residential gets put here, which may lower the chance of a supertall, if it's going to be mixed-use.

     

    Maybe what tells us our next supertalls location is the highest price lot according to HCAD?

    • Like 2
  4. 21 hours ago, Ctaf said:

    does anyone know if Randall owns the other half of the lot? I'm just wondering if he owns it or if some other developer could come in a build a tower right up against the Marlowe

     

    An entity that owns many other empty downtown lots and goes by the name, Golconda Venture, owns it.

     

    http://arcweb.hcad.org/parcelviewer/

     

    Also, I'm not sure how much has changed, but here is a map I made some time back showing which properties they own.

    https://www.google.com/maps/d/viewer?mid=16VtKhvVZ9-ja1SeB0cfbG3LOhI8&hl=en_US&ll=29.7497960558403%2C-95.36606800000004&z=16

    • Like 2
  5. On 1/7/2017 at 2:34 PM, KinkaidAlum said:

    On one hand it would cover up that awful garage that Skanska built. On the other, it would put as much as 750,000 square feet of office space on the market (the rest of the tower and in the current BOA). 

     

    I guess I lean towards option one because at least I know BOA is hurting. Why people continue to bank at that evil monster is beyond me. 

     

    Skanska should be ashamed of themselves for building that garage. I can't believe it looks like they're going to keep it that way even once the tower is complete. Someone please tell me I'm wrong. That's a Class F garage.

    • Like 1
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