Howard Huge Posted September 23, 2014 Share Posted September 23, 2014 Bottom of the page ftl 1 Quote Link to comment Share on other sites More sharing options...
IronTiger Posted September 23, 2014 Share Posted September 23, 2014 In my experience, permits don't mean a building is coming for certain (although Ashby seems inevitable) I can tell you that in my home town, a number of building permits just didn't pan out. Quote Link to comment Share on other sites More sharing options...
toxtethogrady Posted September 24, 2014 Share Posted September 24, 2014 The sure did this entirely piecemeal. Just for grins, what do you think would happen if the city only permitted Floors 2,3,5,7,10,12,16 and 19? Quote Link to comment Share on other sites More sharing options...
LTAWACS Posted September 24, 2014 Share Posted September 24, 2014 So it's a go? It is proceeding? Quote Link to comment Share on other sites More sharing options...
Luminare Posted September 25, 2014 Share Posted September 25, 2014 The sure did this entirely piecemeal. Just for grins, what do you think would happen if the city only permitted Floors 2,3,5,7,10,12,16 and 19? I think under the constitution that would qualify as cruel and unusual punishment... Quote Link to comment Share on other sites More sharing options...
Nucleareaction Posted September 25, 2014 Share Posted September 25, 2014 As of this morning, nothing going on at the site yet. Last time it was comical how fast they were on site to get the utilities hooked up before being shut down again. Quote Link to comment Share on other sites More sharing options...
mollusk Posted September 25, 2014 Share Posted September 25, 2014 The sure did this entirely piecemeal. Just for grins, what do you think would happen if the city only permitted Floors 2,3,5,7,10,12,16 and 19? I think under the constitution that would qualify as cruel and unusual punishment... I know that o' was making a funny, but I could see how some floors might be approved and others not - for example, some floors getting rejected for not having enough electrical outlets on a wall of a unit style found on those floors, but not others. Quote Link to comment Share on other sites More sharing options...
fernz Posted September 25, 2014 Share Posted September 25, 2014 (edited) The sure did this entirely piecemeal. Just for grins, what do you think would happen if the city only permitted Floors 2,3,5,7,10,12,16 and 19? It's a risk, although small since most floors are probably alike, but this makes it easier to get partial certificates of occupancy and thus move in people early. Edited September 25, 2014 by fernz Quote Link to comment Share on other sites More sharing options...
talltexan83 Posted September 25, 2014 Share Posted September 25, 2014 Can anyone shed some light on how the relationship with the general contractor works on a project like this? Have the labor/material costs been already been pre-agreed to? The reason I ask is that I imagine these kind of projects have very detailed ROI models. Does every month of delay mean that the labor and material costs are also rising given the shortages we are hearing about on other projects around town? On the flip side, I'm assuming the future rentals rate projections ($/month/sq ft) are probably rising as well. Quote Link to comment Share on other sites More sharing options...
UtterlyUrban Posted September 26, 2014 Share Posted September 26, 2014 Can anyone shed some light on how the relationship with the general contractor works on a project like this? Have the labor/material costs been already been pre-agreed to? The reason I ask is that I imagine these kind of projects have very detailed ROI models. Does every month of delay mean that the labor and material costs are also rising given the shortages we are hearing about on other projects around town?On the flip side, I'm assuming the future rentals rate projections ($/month/sq ft) are probably rising as well.Of course, if they wait too long, it will be 1983 all over again and the building won't be built. But the next land owners may turn the land into a homeless shelter/pawn shop/half way house. 1 Quote Link to comment Share on other sites More sharing options...
samagon Posted September 26, 2014 Share Posted September 26, 2014 Maybe Beyonce will buy the land and make it her next knowles apartments. Quote Link to comment Share on other sites More sharing options...
IronTiger Posted September 26, 2014 Share Posted September 26, 2014 Of course, if they wait too long, it will be 1983 all over again and the building won't be built. But the next land owners may turn the land into a homeless shelter/pawn shop/half way house. That won't happen unless the real estate values of the neighborhood fall into the toilet and never recover (and that permanently ruined a lot of neighborhoods) Quote Link to comment Share on other sites More sharing options...
Subdude Posted September 29, 2014 Share Posted September 29, 2014 Note a sidebar discussion was split into a new topic here:http://www.houstonarchitecture.com/haif/topic/31147-can-the-boom-continue/ Quote Link to comment Share on other sites More sharing options...
jmitch94 Posted September 29, 2014 Share Posted September 29, 2014 Funny how we have a 37 page thread on a building that hasn't even started construction. 1 Quote Link to comment Share on other sites More sharing options...
Dakota79 Posted October 15, 2014 Share Posted October 15, 2014 Any news at all on this? I drive by it several times a day. I think the window for it to be profitable is starting to close with all the other high rise projects in the works. 1 Quote Link to comment Share on other sites More sharing options...
TOMIKA! Posted October 15, 2014 Share Posted October 15, 2014 Any news at all on this? I drive by it several times a day. I think the window for it to be profitable is starting to close with all the other high rise projects in the works. I know! Just build the darn thing already! Quote Link to comment Share on other sites More sharing options...
SMF Posted October 15, 2014 Share Posted October 15, 2014 Any news at all on this? I drive by it several times a day. I think the window for it to be profitable is starting to close with all the other high rise projects in the works. Agree. When this was first proposed I was excited to see Houston get another high rise. I didn't care about the neighborhood. Having something you may not like being built next to you is the risk and price ANYONE might have to pay for the privilege living in Houston (especially the inner city).But now, there so many other, much more interesting high rises going up in much more appropriate areas of the city, that I wouldn't miss this tower at all if got cancelled. Quote Link to comment Share on other sites More sharing options...
Timoric Posted October 15, 2014 Share Posted October 15, 2014 (edited) - Edited July 8, 2019 by Timoric Quote Link to comment Share on other sites More sharing options...
cloud713 Posted October 15, 2014 Share Posted October 15, 2014 Not me, I want to take the lead in Texas if we do not have it already with the number of these.Take the lead in what? Quote Link to comment Share on other sites More sharing options...
Timoric Posted October 15, 2014 Share Posted October 15, 2014 (edited) - Edited July 8, 2019 by Timoric 1 Quote Link to comment Share on other sites More sharing options...
citykid09 Posted October 15, 2014 Share Posted October 15, 2014 In all honesty, I don't think this will ever get built. They just tore down a building for nothing like a lot of other developers in Houston have done. Quote Link to comment Share on other sites More sharing options...
Avossos Posted October 15, 2014 Share Posted October 15, 2014 well they went to the effort of getting the permits just a couple months ago. Mid main took monthssss from their permitting to construction due to difficulty in getting a crew... Too early to say this is canceled. there are so many things going on in Houston, that this is likely just backed up. Quote Link to comment Share on other sites More sharing options...
brijonmang Posted October 23, 2014 Share Posted October 23, 2014 From Bobruss, he saw men working on site yesterday. Ashby Workers by brijonmang, on Flickr 4 Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted October 23, 2014 Share Posted October 23, 2014 (edited) Number of residential high rise buildings over 200 foot or something like that. Also so we can continue to rise on the national list of high rise buildings so Miami, Honolulu, Los Angeles etc don't pass us and we keep moving up. FWIW, no other city in Texas is anywhere near Houston when it comes to number of residential high-rises. Edited October 23, 2014 by Houston19514 Quote Link to comment Share on other sites More sharing options...
Avossos Posted October 23, 2014 Share Posted October 23, 2014 From Bobruss, he saw men working on site yesterday. Ashby Workers by brijonmang, on Flickr Good sign!! Quote Link to comment Share on other sites More sharing options...
Luminare Posted October 23, 2014 Share Posted October 23, 2014 At this rate there will be 20 story towers around this site before it even gets finished >.> 2 Quote Link to comment Share on other sites More sharing options...
Sparrow Posted October 23, 2014 Share Posted October 23, 2014 Look, I'm not siding with the neighborhood on this, but at this point I think the developer should consider options for getting out of this location. Offer to "donate" the property to the locals with the sole purpose of creating a park, only if a similar size property can be purchased by the community nearby in a location the community and the developer thinks will be more appropriate. Midtown? Kirby? Museum District? Medical Center? Uptown? By creating a park the developer could save face while also still getting to build the designed building at another location. There is just too much other competition for residential high rise in Houston right now to build where sales may be harder to come by because of the high amount of negative PR. Quote Link to comment Share on other sites More sharing options...
Avossos Posted October 23, 2014 Share Posted October 23, 2014 Look, I'm not siding with the neighborhood on this, but at this point I think the developer should consider options for getting out of this location. Offer to "donate" the property to the locals with the sole purpose of creating a park, only if a similar size property can be purchased by the community nearby in a location the community and the developer thinks will be more appropriate. Midtown? Kirby? Museum District? Medical Center? Uptown? By creating a park the developer could save face while also still getting to build the designed building at another location. There is just too much other competition for residential high rise in Houston right now to build where sales may be harder to come by because of the high amount of negative PR. Sounds like a defeatist attitude... This is a great spot. people will want to live there. 4 Quote Link to comment Share on other sites More sharing options...
Moore713 Posted October 23, 2014 Share Posted October 23, 2014 Look, I'm not siding with the neighborhood on this, but at this point I think the developer should consider options for getting out of this location. Offer to "donate" the property to the locals with the sole purpose of creating a park, only if a similar size property can be purchased by the community nearby in a location the community and the developer thinks will be more appropriate. Midtown? Kirby? Museum District? Medical Center? Uptown? By creating a park the developer could save face while also still getting to build the designed building at another location.There is just too much other competition for residential high rise in Houston right now to build where sales may be harder to come by because of the high amount of negative PR. I am with you far from a NIMBY but after actually walking the area this tower will look so out of place...Rhe alemda area across from the park next to Mosaic and the new building would have been a prime location for a area I think is flying under the transformation radar 1 Quote Link to comment Share on other sites More sharing options...
Fortune Posted October 23, 2014 Share Posted October 23, 2014 There is just too much other competition for residential high rise in Houston right now to build where sales may be harder to come by because of the high amount of negative PR.If this is built they will have no problem leasing the building up. The people moving into the building won't care about the negative PR. There may be other high rise buildings going up in Houston but none are going up in that neighborhood. They won't have any competition. 1 Quote Link to comment Share on other sites More sharing options...
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