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Urbannizer

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Posts posted by Urbannizer

  1. Same developer behind Richmond Landing.

     

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    Post Properties VP of investments Bart French (keeping warm in sunny Florida working on another deal now) tells us the newest project is yetunnamed but will sit inside the Loop near Richmond and 610. Post acquired the four-acre site last year; it's occupied by an abandoned hotel, qualifying it for BOMA's Most-Likely-To-Be-The-Site-Of-An-Episode-Of Scooby-Doo. It will demolish the hotel (yoinks!) and replace it with 390 high-end apartment homes.

     

    A rendering of the upcoming property. Bart expects a groundbreaking later this year, depending on market conditions, and construction will last 20 to 24 months. To be a little cozier, the five-story project will orient toward the neighborhood rather than 610.

     

     

    http://www.bisnow.com/commercial-real-estate/houston/790-another-galleria-multifam-gem-coming/

     

    • Like 4
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    Beijing-based Developer to Bring Urban Living to Pearland

    PEARLAND, TX (KTRK) -- A new development could soon bring "urban" living to an undeveloped area of Pearland. The proposed $300 million project would be built on 48 acres near Highway 288 and Clear Creek Boulevard.

    That area, formerly dubbed the "WaterLights District," used to be home to presidential busts designed by Houston sculptor David Adickes. It was an area discussed for development by another party until the economic downturn in 2007 stopped a prior developer's plans.

    But the developer went belly up. The land was purchased by another developer, intent on turning it into more of a center of 'urban living.'

    "The advantage that Pearland has today is that the property value is among the lowest in the Houston area and the opportunity for growth in the Pearland is among the highest," said Architect Steven Biegel.

    Beijing-based Modern Green Development says it chose this location over anywhere else in the U.S. They want to build out the 48 acres to include retail, restaurants and residential. The $344 million project would include about 900 condos, 400 apartments and at least one hotel.

    Developers say it would be 'multi-generational' but would be geared toward seniors and would even include some assisted living.

    Link w/ video: http://abclocal.go.com/ktrk/story?section=news/local&id=9417869

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    • Like 1
  3. Can someone identify the developer with the information given? This project is over 1M+ square feet, I hope it follows through as planned.

     

    Our client is a very active real estate investment company with a $2 Billion portfolio of office, retail, multifamily and mixed-use properties. They are a developer/owner/operator and are actively growing through acquisitions and new development. They have retained Morrow & Associates to help them find a Vice President of development to run a 1M+ sq. ft. mixed-use project in one of Houston's hottest sub-markets. The project is currently in the beginning stages and will include high-rise office, high-rise condo and 75,000 sq.ft of retail space.

     

    http://www.morrowassociates.com/vice-president-of-development-houston-tx/

     

    Would be nice if someone can throw out more on this.

     

     

    • Like 3
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    The first of some 8,000 Houston-based employees will move from Exxon Mobil offices in the Greenspoint area in March, spokesman David Eglinton said. The remaining moves will be staggered over the following 15 months. About 2,000 workers who will relocate from the company's Fairfax, Va., offices are not due until next year. Exxon Mobil's corporate headquarters will remain in the Dallas suburb of Irving.
     
    • Like 5
  5. Main Tower - Block 139

     

    http://weemscollections.com/commercial-project

     

    This building was proposed for the southwest corner of McKinney and Main Streets where once stood the C & I Life Building adjacent to the Lamar Hotel, and across the street from the gorgeous First City Bank Lobby designed by Skidmore, Owings and Merrill in 1957.

     

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    Le Ville Fountaine - Allen Parkway & Temple Drive

     

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    • Like 1
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