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Mab

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Posts posted by Mab

  1.  

    3 restaurant pad sites available along I-45 south. Amusement park currently under construction for an estimated Holiday 2016 grand opening. Estimated 5 million visitors per year. 11 themed attractions, hotel accommodations and a state of the art concert venue.

    A family fun filled entertainment center located in the heart of the Gulf Coast, just off I-45 southbound, between Houston and Galveston that will pull from a super regional trade area with a population of over 5,000,000 people. Directly adjacent to the Tanger Outlets

    http://www.loopnet.com/xnet/mainsite/listing/Profile/Profile.aspx?LID=18979484&PreviousLinkCode=10850&PreviousSourceCode=1lww2t006a00001&&LinkCode=10850&SourceCode=1lww2t006a00001

    • Like 1
  2.  

    RN:  We have heard some buzz on the street about Northwest Mall.  Can you tell us anything for publication on that asset?

    Levine:  Yes, we have this fifty acre project listed for sale with HFF, and are inviting offers.  TexDot took a large chunk of the parking and some of the tenants and free standing self-owned stores failed.  We are in discussion with multi-family developers, corporations for campuses, mixed use developers, and overseas investors who are looking to just ‘park money’ for five years and wait for the site to appreciate.

    http://www.rednews.com/2014/11/larry-levine/

  3.  

    Nau and his capital campaign team have raised $33 million of the estimated $80 million cost, including Nau's own $16 million commitment. While it's unusual for a civic project to start moving dirt before 60 percent of the funds have been secured, said Nau, "the difference here is that Houston will be hosting the world in 2017. We know we have to be open and operating by the Super Bowl."

    The game will be at NRG Stadium, but Houston Firstwill stage activities around the George R. Brown Convention Center as "Super Bowl El Centro." The company expects as many as 1 million visitors to the area during 10 days of festivities.

    "I cherish a deadline," Greater Houston Partnership president Paul Hobby said. "Deadlines get things done. A visitor's center is something you can't imagine Houston not having; yet we don't."

    Construction is already underway on two other projects that will connect to the convention center via pedestrian bridges: the 1,000-room Marriott Marquis Hotel and the Greater Houston Partnership Building, which will have a 2,000-space parking garage and a pad for a future boutique hotel. Next week, the city begins renovating the convention center's interior entries and façade, a project that also will create a major promenade along Avenida de las Americas.

    Nau, the president and CEO of Silver Eagle Distributors, has chaired the Texas Historical Commission and the national Advisory Council for Historic Preservation. He owns more than 18,000 Civil War and early Texas artifacts, many of which are tended by a full-time curator in museum-quality cases at Silver Eagle's headquarters on Old Katy Road. So he's keenly aware of both Houston's complex history and its reputation as a hard-to-define city that ignores its past.

    "We're never going to get beyond that until we give people a way to see the history," he said. "San Jacinto is one of the most important battlefields in Western civilization, but right now visitors are not going to find it."

    The Nau Center's footprint has grown to 70,000 square feet since early renderings by Ray Bailey Architects were released two years ago. It will have six major elements: the visitors' center, classrooms, a theater, two large gallery spaces of permanent exhibits, a gift shop and a fully-restored turn-of-the-century home.

    It will be a 21st century museum - a dynamic place designed to engage visitors of all ages.

    "It's an opportunity to surprise people about the Houston they never knew," said Patrick Gallagher of the Washington, D.C., design firm Gallagher & Associates. He wants people to leave thinking, "Wow, I never knew that."

    Gallagher's role has expanded since he was hired about six months ago to design the visitors' center. His firm is now also working on the galleries that will put Houston's story into perspective, based on two themes that epitomize the city's spirit.

    Whether you're talking about the state's birth at Washington-on-the-Brazos, Houston's founding at Allen's Landing, the influence of war and transportation on growth, technological achievements or how the city became a model of diversity, Nau said, Houstonians have always had big ideas and seize opportunities. "At the end of the day, it's about people and leadership."

    The visitors' center will occupy a rotunda that will be a gateway for regional tourism. Digital technology will enable visitors to customize trips across 29 Southeast Texas counties based on their interests and the length of their stays. Nau envisions a facility where a convention visitor can step in for a 30-minute break or an out-of-town family in Houston for a baseball game can explore other things the city has to offer.

    Many students will experience the museum on fourth- and seventh-grade field trips as part of the state's Texas history curriculum. Nau said they are following teachers' advice and will entertain as well as educate.

    1366x1366.jpg1366x1366.jpghttp://www.houstonchronicle.com/life/article/Cultural-center-will-give-east-downtown-a-heart-5886674.php#/5

    • Like 7
  4.  

     

    The Chicago developer planning a 28-story luxury residential tower near downtown’s Minute Maid Park read the definition of “catalyst” at a groundbreaking ceremony Wednesday.

     

    “A catalyst is something that enables a reaction to create change at a faster rate of speed than would otherwise be possible,” Darren Sloniger said under a white tent and over the din of construction noise coming from another apartment complex under way on the next block. ”We really believe that’s whats happening here today.”

    The word is significant because it’s the name of Sloniger’s new development. Catalyst Houston is set to rise from a downtown block along Texas Avenue between Austin and LaBranch.

    Slongier, president of the Chicago-based Marquette Cos., was joined at the ceremony by downtown officials and real estate professionals involved in the project.

    “The building is coming at a time when people are changing their lifestyle patterns,” said architect Scott Ziegler of Ziegler Cooper, which designed the aluminum and glass clad tower. See renderings of the project here.

    A strong economy, increased traffic and a population influx has driven high-density residential development across the inner city.

    “It’s explosive what’s happening inside the Loop right now,” Ziegler said.

    The new project will receive a $15,000-per unit tax rebate through the city’s Downtown Living Initiative program.

    A dozen projects, including 3,900 units, have been approved through the program, which is capped at 5,000 units.

    The city’s Chief Development Officer Andy Icken said many people have been surprised at how successful the program has become.

    “We are creating a critical mass in downtown,” he said.

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    http://blog.chron.com/primeproperty/2014/11/downtown-high-rise-breaks-ground/#28179101=10

    • Like 4
  5. 10171813_799933693397833_290541086404164

     

     

    Houston First Update 
    Not only are hotels and office towers booming in downtown Houston, so is residential development! Five projects are under construction and at least nine more are planned, according to Central Houston's Laura Van Ness, who tracks such things. Shown here is the stripped-down backside of the old Texaco Building, which is being converted into 323 luxury apartment units at 1111 Rusk. It is expected to be completed a year from now.

    https://www.facebook.com/HoustonFirstCorporation/photos/a.492238024167403.110894.426238527434020/799933693397833/?type=1&theater

    • Like 7
  6.  

    Marvy Finger of the Finger Cos. has been called a trendsetter for developing one of the first new residential towers in downtown in years. Now several years old, his 37-story One Park Place just off Discovery Green is getting some of the highest rents in the city.

    Sloniger said his company's new project will be an alternative to One Park Place. It was have the same high level of finishes and amenities, but the units will be smaller so the rents will be less. Rents are projected at $2.80 per square foot on units that will average 950 square feet.

    There will be 361 units in all, about 70 percent of which will be one-bedrooms. The remaining will be primarily two bedrooms, but there will be some three-bedroom units.

    The building will consist of a tower portion and six stories of units that will wrap around the garage and offer a lower price point. Other amenities will include a fitness center, bocce court, yoga room with a private lawn and an outdoor dog run.

    Located at 1423 Texas, the building will have a 24-hour doorman, and 6,000 square-foot space on the ground floor will be reserved for a restaurant.

    The top two floors will cater to the "urban elite," Sloniger said. Residents who live there will have their own private garage and a private club room on the top floor. The units will have higher ceilings and upgraded fixtures.

    Of course the rents will be higher, too.

    In general, the building is expected to attract young professionals, married couples and empty nesters.

    "This is not your first-time renter," Sloniger said. "It's a move-up renter, a renter by choice."

    The building should be completed in the summer of 2016.

    http://www.houstonchronicle.com/business/real-estate/article/Projects-rise-near-ballpark-5856796.php?cmpid=twitter-premium&t=8b2afe02eaf1bd0534

    • Like 1
  7.  

    The newest, a 28-story luxury apartment tower on Texas Avenue between Austin and LaBranch, will have floor-to-ceiling windows, an infinity-edged swimming pool and a private club room with views of home plate.

    Chicago-based Marquette Cos., is planning to break ground on the building - which will be called Catalyst - on Wednesday.

    http://www.houstonchronicle.com/business/real-estate/article/Projects-rise-near-ballpark-5856796.php?cmpid=twitter-premium&t=8b2afe02eaf1bd0534

    • Like 5
  8. The Lone Star Flight Museum starts a new era with today's unveiling of the master plan to build a 130,000-square-foot museum at Ellington Airport.

    The museum has been located in Galveston for 20 years and was renovated after damage from Hurricane Ike. The new plan includes a spring 2015 groundbreaking on the project that will reopen in 2016 at Ellington.

    On hand for today's event were Houston Mayor Annise Parker, who taxied in on a Stearman airplane, as well as museum president Larry Gregory, Houston Airport System director Mario Diaz, retired NASA astronaut Bonnie J. Dunbar, former U.S. Secretary of Education Rod Paige and museum vice-chair Scott Rozzell. Dunbar and Paige are also co-chairs of the museum's education committee.

    Museum officials and patrons have already raised $25 million of the $35 million needed for the project that will include an enriched educational experience. The new museum will feature examples of historic aircraft, of course, but will include a hands-on interactive learning environment for students, focusing on science, technology, engineering and math.

    http://ww3.hdnux.com/photos/32/73/24/7058714/3/622x350.jpg

    http://ww2.hdnux.com/photos/32/73/24/7058713/3/622x350.jpg

    http://ww1.hdnux.com/photos/32/73/24/7058704/3/622x350.jpg

    http://www.chron.com/life/article/Lone-Star-Flight-Museum-unveils-plan-for-35-5850508.php#photo-7058444

    • Like 5
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