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Houston19514

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Everything posted by Houston19514

  1. and once again, you breeze right past the point... and manage to ignore YOUR statement of one month ago that the Grand Parkway east of 59 is "dead in the water."
  2. What is it they are going to tell me? That it is "dead in the water" or "on hold for now"? It should hardly be surprising that the segments east of 59 would be the last to be completed and are not on the front burner... especially given that the segment of BW8 east of 59 is not done and will be the last segment of the Beltway to be completed. But as I said in my previous post (and you apparently ignored or did not understand), saying a project is "on hold for now" is quite different from saying it is "dead in the water" (especially when you follow the "dead in the water" statement with "so much for the circle they all envisioned".) You have presented us today with information (both in your initial posting of the Grand Parkway schedule showing activity on these segment scheduled this year and in your later response stating that your sources tell you it is on hold for now) that is directly contractictory to what you told us just one month ago.
  3. I appreciate that we're often dealing with something of a moving target especially when discussing something like the Grand Parkway, which nobody expects or intends to be completed for a very long time. However, I will note that "dead in the water" is quite different from "'on hold' for now" (and I can't help but notice that no source was provided for the "dead in the water" pronouncement).
  4. But wait! I thought someone on this board told us that the Grand Parkway east of 59 was dead in the water. For the uninitiated, that would be segments H and I1. Pineda, please tell me you have not fed us bad information AGAIN...
  5. I'm not an expert on Gehry, but doesn't it seem like every building he's designed (at least since Bilbao) looks an awful lot like Bilbao? Maybe it's the clients' fault, but it sure makes it appear that Gehry does NOT have another masterpiece in him, at least not one that is ground-breaking and would catch the world's attention. Hiring Gehry would almost be playing it safe. I'd rather they do a good international competition and come up with the "next Frank Gehry," with an exciting, iconic design, not just another rendition of Bilbao. In any event, it sure is an exciting time in the Museum District and I too hope the MFAH is a little more adventurous this time around.
  6. I'm not sure I'd call a "no-reserve" auction a successful conversion. It seems like there must be more to this story. Why are units being auctioned, especially with no reserve? Sounds like someone is desperate.
  7. It would be quite difficult for a developer to tear down a condominium building. I'm not saying it cannot or will not happen. But for a developer to do so, he would have to go in and buy each and every individual condominium unit in the complex, reaching separate purchase agreements with each owner. Does anyone know of any condominums anywhere that have ever been torn down and replaced bya new development?
  8. ^ Yeah, and Im not sure which of those is the worst.
  9. JGS, interesting explanation about the financing problems for mixed-use. I've heard that before about finance people living in silos. My question: how do developers accomplish mixed-use projects in other cities? Do they manage to break down the silos over time? Couldn't Houston developers get some out-of-town finance people who don't live in silos? (But I suppose real estate financiers aren't comfortable financing projects outside their own city.)
  10. I'm pretty sure it's a rehab. The name is taken from the old business establishment that occupied the building, I believe. Something like Herin Moving and Storage.
  11. SSSSHHHH, don't let anyone at the Chronicle hear about this news IN THEIR OWN FREAKIN' BACKYARD!!
  12. The Buffalo Bayou Plan is a very long-term visionary plan, bits and pieces of which are being accomplished every year. I doubt if anyone really anticipates every bit of it to be accomplished, and certainly what is done is planned to be done over a period of at least 20 years. As they say, Rome wasn't built in a day. Just because a particular project hasn't happened really has very little bearing on whether another by an unrelated developer is likely to happen. And, gosh, Semipro cited FOUR development projects that haven't happened in downtown. How many development projects HAVE happened downtown in the last 5-10 years? Light rail line MinuteMaid Park Toyota Center Hilton Americas GRB expansion Cotswold project two new Harris County courthouses 5 Houston Center New ChevronTexaco Tower 1000 Main Calpine Center Hobby Center Magnolia Hotel Sam Houston Hotel Hotel Icon Courtyard Hotel/Residence Inn Club Quarters Hotel Downtown Aquarium Bayou Place I, first and second phases Bayou Lofts Keystone Lofts Commerce Towers I could go on, but I think you get the idea...
  13. There seems to be a lot of confusion here, once again. Several years ago, Crescent Real Estate Equities, which owns Houston Center, including the Shops at Houston Center (formerly the Park Shops) talked about developing some more retail attached to or in conjunction with the Shops at Houston Center. They talked about an outdoor pavilion type of development. I presume that is what the Pavilion at Houston Center rendering are from. (Hence the name "Pavilion at Houston Center") This was to have gone on several of the blocks directly east of the Shops at Houston Center, and I think Crescent has since sold all or most of that land to other developers and/or to the City for the new park. The Main at Polk proposal is a different proposal, by different developers for a different parcel (or parcels) of land and has been in the news much more recently. Hopefully, these guys who did the Denver Pavilion can pull a similar project off in Downtown Houston. When I was last in Dowtntown Denver, I could see a lot of similarity with downtown Houston, but Denver is probably at least five years ahead of Houston in retail development. But I don't see any reason why it should work in downtown Denver but not in downtown Houston. In any event, I don't believe we have any reason to think that Crescent Real Estate is involved in the Main at Polk project.
  14. Crescent Real Estate Equities does NOT own Bayou Place. They never have owned Bayou Place. The city "owns" Bayou Place and it is developed and operated by the Cordish Companies.
  15. The walkway is cool, but it's between the Law Building and the Beck Building, not between the parking garage and the Beck Building. I wouldn't mind seeing them tear down that parking garage, as long as whatever they replace it with addresses the street on a pedestrian level. That parking garage creates a bit of a psychological blockade to pedestrian activity, IMO.
  16. So, three of those would add up to $69 million, leaving the vast majority un-"blown". In any event, as the article stated, the money will be going into their endowment. It will not be "blown" on anything. With respect to tearing down the parking garage, and replacing it with the new building... That is one of the options, but I'm pretty sure no decision has been made. In fact, it would be very surprising if anything that specific were decided this early in the process. I would imagine the placement of the new building might be part of any architectural competition. I believe the musuem owns some other land adjacent to its facilities as well, but I don't remember exactly which parcels.
  17. ESPNZone in Denver is in the Tabor Center (a complex somewhat similar to the Houston Center shops), not in LODO.
  18. They don't list a Chicago location on their website... Fox Sports Grill locations Do you know something they don't ;-) I wonder if you are thinking of a Fox Sports Sky Box, like the on in Terminal E at Bush Intercontinental. I think they are a completely different animal from the Fox Sports Grill.
  19. No, dammit! ;-) Although right now I have a lead on possible job with Shell, so I'm hoping my phone will ring any day now... We will now return to your regularly scheduled programming. Sorry for the interruption.
  20. . . . As does almost EVERY other building in town. While $500 per square foot is not an unheard of price in the Houston luxury high-rise market, it is far from typical.
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