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Houston19514

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Everything posted by Houston19514

  1. So in what way did the Chronicle underreport the numbers, as you claimed? They said there were thousands of people there. and by the way, the downtown protest last weekend did indeed get some media coverage, contrary to your claim. https://news.yahoo.com/palestinians-houston-protest-war-escalates-023130734.html?fr=yhssrp_catchall https://www.click2houston.com/news/local/2023/10/14/pro-palestinian-demonstrators-rally-in-downtown-houston/ https://www.khou.com/article/news/local/rally-for-palestine-houston/285-0bc364c4-3ef2-48d3-a383-af7f9d36adb3
  2. and you counted the people, did you? the aerial photos of the crowd do not appear to show there to be thousands of people in that crowd. In any event, there is certainly no basis on which to claim the Chronicle underreported the numbers.
  3. The Chron didn't underreport the number, it overreported the number. There were not thousands of people at the protest.
  4. Apologies, I reversed the occupancies of Buildings II and III in my prior post. Since we are inexplicably no longer able to edit our posts after a few minutes, here are the correct numbers; More weirdness: Per their website, Post Oak Central I remains 100% empty. Post Oak Central II is about 71% occupied. Post Oak Central III is about 66% occupied.
  5. The news keeps getting worse for downtown Austin. It appears that the horrible occupancy/vacancy numbers we're seeing probably don't even include the Block 185 Building. Google leased the entire building, which was completed early last year, but it seems they have not and are not moving in. It's leased, and it seems Google is not even marketing it for sublease, so it wouldn't show up in the occupancy/vacancy/availability stats, but it nevertheless is another almost 800,000 square feet of office space sitting empty. (Subtract another 4.71 percentage points from their occupancy percentage.)
  6. Houston Chronicle continues its mission of spreading ignorance: "Thousands protest attacks on Gaza outside Houston's Israeli embassy" Israel (and every other country has only one embassy in the United States. There are zero embassies in Houston. Israel has a Consulate General in Houston, NOT an embassy. The headline tells us that "thousands" protested. The first line in the article says "more than 1,000", and the accompanying picture comports with the "more than 1,000" estimate but not the "thousands" screamed in the headline.
  7. More weirdness: Per their website, Post Oak Central I remains 100% empty. Post Oak Central II is about 66% occupied. Post Oak Central III is about 71% occupied.
  8. I'm not seeing the over-sized service core you are seeing. A new-build residential building will also have elevator shafts and stairways. Presumably, the service core bathrooms would be taken out and the space converted to leasable space.
  9. Of course the actual depth of the floor plate matters. Again, this building has small floor plates, hence the depths are also relatively small. Take a look at the floor plate layout in the attached (and this is one of the largest floors). It looks pretty ideal for residential or hotel conversion. https://www.postoakcentral.com/wp-content/uploads/2021/06/POC3-Suite-950-10992-SF.pdf
  10. That’s actually one of the things that makes this building a strong candidate for conversion. Its floor plates are relatively small. Their website says their “typical floor plate” is only 18,183 RSF (which appears to be the measure of the size of the lowest bank of floors.) The uppermost floor(s) are only 12,795 RSF. The next group of floors going down are one 15,279 square feet.
  11. I remain skeptical of this plan. I feel like a semi-creative architect could incorporate the lower levels of building 3 in to a City Centre-type development, converting the upper floors into hotel and/residential. A City Centre-type development will require some hotel/residential space anyway.
  12. Nope. The Episcopal Health Foundation building is at Prairie and Fannin. No meals are served there, but they let the sidewalks be a campground at night. The Beacon is two blocks further east. The Episcopal Health Foundation is kinda like a big middle finger to the downtown community, IMO. (Part of the reason I no longer go to church there)
  13. And another 699,000 square feet of available office space is scheduled to be completed this quarter. That will take Austin's downtown down to 69.9% occupied.
  14. Yikes. Subtract another 6/10th percent from downtown Austin's office occupancy rate -- per Transwestern, that would take them down to 72.8% occupied, with a huge amount of space scheduled to be added to the market over the next several years.
  15. Wow. Not too surprising and overdue. Anyone who has toured much of China has seen multiple HUGE high-rise projects that were never completed. It was CRAZY!
  16. We had absolutely totally recovered from our 80s building spree. Not all that long ago, the office market in Houston was very tight and landlord -friendly. We just happen to be in another down-cycle.
  17. Yeah, I think it must be just 1550 on the Green.
  18. Here's some additional context: Austin, with its office market already 24.2% vacant, has another 7.2 Million square feet under construction (according to reports, mostly not pre-leased, and some that was pre-leased is available for sublease). The under-construction space will add 8.24 percent more supply. Downtown Austin is even worse: 2.4 million square feet under construction will add 14.13 percent more space to a market that is already 26.6% vacant. The entire Houston market only has 742,017 square feet of office space under construction; an addition to the market of a mere 3/10ths of 1 %. Downtown Houston has only 386,383 square feet under construction, an addition to the market of only 9/10ths of 1%.
  19. ^^^ would LOVE to see Austin acquire something this magnificent...
  20. Houston Chronicle Continues its Campaign to Prove "Math is Hard" Today's Chronicle treats us to the headline: "More renters and homeowners moved to Austin and Dallas than Houston since 2019, study finds". If one bothers to read the article, one finds that (1), the "study" did not even purport to examine or demonstrate how many people moved to Austin, Dallas or Houston (2) the "study" did not show larger numbers for Austin than for Houston. What the study examined was the percentage (and by extrapolation, the number) of homeowners and renters who moved into their current homes since 2019. It tells us nothing whatsoever about how many people moved to the respective cities from elsewhere. The numbers reported by the study (that the Chronicle can't grasp): Austin has 955,207 occupied housing units; "about 39%" of them (372,531) are occupied by people who moved into them since 2019. Dallas has 2.8 million occupied housing units; "almost 35% (910,000) are occupied by people who moved into them since 2019. Houston has 2.6 million occupied housing unit; "34%" (884,000) are occupied by people who moved in to them since 2019. Again, this was falsely reported by the Chronicle as showing that more people moved to Austin since 2019 than moved to Houston. What it actually shows is that more people in Houston moved in to their current residence since 2019 than did so in Austin. (And even more did so in Dallas.) This one is especially maddening because they took the story directly from Lending Tree, which reported it correctly! I guess they are also demonstrating to us that English is hard.
  21. Great news! This seems like it might be a good deal bigger than the customer service hub awarded to Dallas
  22. Oh…. When you said current, I presumed you meant current. The newest of your listed stadiums is the 15th newest in the league. But even among the ones you listed, most are hardly “urban” and are surrounded more by parking than by mixed use development.
  23. I'm not confused about the project. I'm confused about what you meant by your post: "As if". And I'm confused about your follow-up post. Per Dallasmetropolis "they" (presuming "they" are the developers of the proposed Four Seasons) are not up to anything other than trying to line up financing.
  24. But it does go through his district...
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