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Houston19514

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Everything posted by Houston19514

  1. Houston19514
    A good post dated March 21, 2012 from another thread: The Hess Tower is 100% leased. So is the Chevron complex. The following buildings have less than 10% vacancy; Continental Center II, JP Morgan Chase Tower, Wells Fargo Plaza, One Houston Center, First City Tower, Houston Data Center, 1100 Louisiana, Devon Energy Tower, Two Shell Plaza, Pennzoil Place South, One Shell Plaza, RRi Energy Tower, Cullen Center, and Amegy Bank Tower. The only class A properties in downtown with more than 20% vacancy are the Pennzoil North Tower, Continental Center I, One Allen Center, BG Group Place, and Wedge International Tower. Space is tight. If you're looking for a "block" of 350,000 square feet plus in this market, you're pretty much out of luck unless you don't mind being split up.
  2. Houston19514
    You are correct about Cooper Industries being incorporated in Ireland and not being on the Fortune 500 list. But then you sort of went off the rails. The company being purchased by Eaton is Cooper Industries, which consists of a lot more than just Cooper Tools (which itself is no longer Cooper Tools, see below) Cooper Industries is headquartered in Houston. They actually moved here from Ohio in 1967 (Cleveland I think, ironically enough). What was once Cooper Tools is now part of Apex Tool Group, a joint venture between Cooper Industries and Danaher Corporation. Apex Tool Group is headquartered in Maryland. Cooper-Cameron was once a division of Cooper Industries but was spun off as a separate publicly traded corporation in 1995. Its name was changed to Cameron International in 2006. FWIW, Cameron International, also headquartered in Houston, is on the Fortune 500.
  3. Houston19514
    There are not very many major blocks of space available downtown. That is exactly why a lot of observers expect new construction. What major blocks are coming available in the near future?
  4. Houston19514
    Exactly. This is an example of people who have gotten theirs trying to pull up the drawbridge behind them.
  5. Houston19514
    It's rather obvious I am suggesting no such thing. In your 20-50 year time-span we are expecting anywhere from 2.6 Million to 7.5 Million + additional residents. Nothing I said suggested I expected all of them to move to the northwest side of town. Assuming 4 people per household, that will require anywhere from 650,000 to 1.875 Million additional residences. Nothing I said suggested I expected all of them to be built on the northwest side of town. We will need all of the available space inside of Highway 6/1960 PLUS space made accessible by such transit infrastructure as the Grand Parkway to have room for all of those new residences. (PLUS, I should add, additional space made available by increasing the density of areas inside the loop and inside the beltway, serving both with better mass transit infrastructure.) Not sure what your point is about the area around Lake Houston. I am quite familiar with that area. Trust me, there is nothing over there that will shock me, either absolutely, completely, or partially.
  6. Houston19514
    Still 47% prefer single family homes with a big yard... And as Pleak mentioned, the survey respondents don't take into account the price difference. A lot of people prefer the "idea" of urban living in a smaller or attached home walkable to many things. But when they come to the Heights, etc.... they get sticker shock and driving everywhere looks pretty good. But even if we assume that means only 47% will actually live in single family/big yard/drive everywhere situations, that means 60-115,000 NEW residents every year wanting such housing. Even assuming 4 residents per household (which I think is a bit high), that would be 15-29,000 ADDITIONAL single family/large lot residences every year.
  7. Houston19514
    Not difficult to comprehend at all. But apparently difficult to finance. That was, after all, one of the first failed proposals.
  8. Houston19514
    The working assumption is that people will continue to choose to live in single family homes with significant lots, as they have been doing for 50+ years. The further working assumption (really more like a working fact) is that with a population growing by 130-150,000 per year, there is not enough land within highway 6/1960 to accommodate that growth over the next 20-50 years.
  9. Houston19514
    I guess one sees what one wants to see.. And no more. What is Fisher Estates? What is Katy Prairie Estates? What is Hidden Forest Estates? What is Griffin Estates? What is North Katy Terrace? Further, take a look to the eastern side of the screen shot, where it shows areas almost completely developed. The area that will be served by the Grand Parkway is clearly in demand for development and the development has in fact already started.
  10. Houston19514
    It is simply false to say there is no one there. Take a look at Google maps, people.
  11. Houston19514
    It will stop when we stop adding 130-150,000 people to the metro area every year.
  12. Houston19514
    ?? The bee infestation was at the 22-story Whiteco development. The development is NOT named Courtyard on Richmond.
  13. Houston19514
    It didn't get renamed The Courtyard on Richmond. Our thread is mistitled. The Courtyard on Richmond is the low-rise project on Richmond, Garrott, Colquitt, and Jack.
  14. Houston19514
    Exactly right. That is why I have said in the past that I would LOVE it if there was a way Southwest could call United's bluff and announce they are moving their operation to United and will fly international flights from a newly-expanded Terminal A, with a new FIS at Terminal A. How much fun would it be to watch United rework their arguments to justify their opposition to THAT? LOL
  15. Houston19514
    That is the old Texaco building. Slated to be turned into apartments. The latest information indicates work will start this fall. (I wonder if they delayed the work so that the opening roughly coincides with the completion of the rail constuction?)
  16. Houston19514
    Thanks for the heads up. That was pretty nice coverage. They did a nice tour of the stadium during half-time (if that's the proper term for soccer).
  17. Houston19514
    Nonsense. Downtowns are different than suburban developments. Suburban developments that want to create an urban vibe have to include all of the elements within their development. Not so, downtown. There are hotels and apartments right across the street from the Paviolions and more of both within blocks.
  18. Houston19514
    that's good news. hopefully they can correct some of the design flaws.
  19. Houston19514
    Toronto's is in "Exhibition Place", about 4 km from downtown, according to Google maps.
  20. Houston19514
    And, the only one located downtown.
  21. Houston19514
    It would sure be nice to see this get started. Do you have a source for that?
  22. Houston19514
    I think I now better understand what you are saying. Not that we will be able to get rid of the current parking, but that less additional parking will be required. Makes sense. Similarly, fewer additional cars will be on the roads.
  23. Houston19514
    Not sure that it's not a major goal... but it is certainly not the only goal; maybe not even the primary goal. I was not suggesting otherwise; merely pointing out that Woolie's argument failed because you really can't have it both ways. If rail is not going to significantly reduce cars on the road then it is also not going to significantly reduce the need for parking.
  24. Houston19514
    Yes, the ramblings of long-ago office-holders, who earned 20% of the vote in their last attempt at elective office, are always meaningful.
  25. Houston19514
    There is probably a reason Kathy Whitmire got 20% and finished in third place when she ran for reelection in 1991. ;-) $5.2 BILLION for a 20-mile line. Broke ground in February 2011. First segment scheduled to open in 2015. The full 20-mile line is not scheduled to be completed until 2019. It remains to be seen whether this project will in any sense be a better rail system than Houston's.
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