Popular Post TheSirDingle Posted February 5, 2021 Popular Post Share Posted February 5, 2021 Some FAA permits These permits don't have any specific names, but the coordinates line up exactly with this site. The height is also in line with known information. Office Tower: Parking/ballroom: Living Tower: Pavilion or 2 story building?: 25 Quote Link to comment Share on other sites More sharing options...
tangledwoods Posted May 10, 2021 Share Posted May 10, 2021 This project is now on hold. The developer and GC couldnt come to terms on pricing. 12 Quote Link to comment Share on other sites More sharing options...
Mark Resident Posted May 10, 2021 Share Posted May 10, 2021 Very disappointing... I had high hopes for this property. I suppose we will end up with another 4 story apartment building. Ugh! Quote Link to comment Share on other sites More sharing options...
Popular Post monarch Posted May 11, 2021 Popular Post Share Posted May 11, 2021 ^^^ just another sure sign of cal mcnair's ABERRANT management expertise. seemingly, everything that he touches... falls through. what a shame... 9 1 Quote Link to comment Share on other sites More sharing options...
houstontexasjack Posted May 11, 2021 Share Posted May 11, 2021 Damn it, did Jack Easterby step in on this one as well? 3 5 Quote Link to comment Share on other sites More sharing options...
asubrt Posted May 11, 2021 Share Posted May 11, 2021 15 hours ago, tangledwoods said: This project is now on hold. The developer and GC couldnt come to terms on pricing. Damn. Was really looking forward to having a Rosewood, would have probably been one of the top 3-5 nicest hotels in Houston. It was so exciting to think we would have Rosewood, Kimpton, and Thompson all entering the market in a short span, but now Thompson is the only one remaining. 5 Quote Link to comment Share on other sites More sharing options...
apendido Posted May 11, 2021 Share Posted May 11, 2021 Everything McNair turns to crap. No surprise here. 3 Quote Link to comment Share on other sites More sharing options...
TheSirDingle Posted May 11, 2021 Share Posted May 11, 2021 Damn, this is almost as bad as the Texan's last season 😆. 5 Quote Link to comment Share on other sites More sharing options...
Popular Post thatguysly Posted May 11, 2021 Popular Post Share Posted May 11, 2021 It is a delay at this point and not a cancelation like the Caydon stuff. I really think it has to do with construction prices. This should rebound with either changes or wait for prices to drop back to normal. 7 7 Quote Link to comment Share on other sites More sharing options...
tangledwoods Posted May 12, 2021 Share Posted May 12, 2021 Quote It is a delay at this point and not a cancelation like the Caydon stuff. I really think it has to do with construction prices. This should rebound with either changes or wait for prices to drop back to normal. correcto, they tried to make subcontractors hold numbers and in this market everyone is freaking out. Copper at record highs, lumber is bonkers and steel is through the roof. It is a HORRIBLE time to try and buy anything. We are going to see a lot of projects go on a 3-6mo procurement hold. 4 2 1 Quote Link to comment Share on other sites More sharing options...
htownbro Posted May 12, 2021 Share Posted May 12, 2021 On hold doesn't mean cancelled. Maybe next year? 1 Quote Link to comment Share on other sites More sharing options...
Popular Post Paco Jones Posted May 13, 2021 Popular Post Share Posted May 13, 2021 I believe the reason the developer and the General Contractor (Harvey) couldn't come to an agreement and the project being put on hold was because of the drawings. They are schematic at best and missing numerous details but they want to contract off of the set. Every contractor is going to add a considerable amount to their proposal just to cover themselves. Hopefully they are putting it on hold because a progressive set is being put together by the architect. 13 Quote Link to comment Share on other sites More sharing options...
Luminare Posted May 21, 2021 Share Posted May 21, 2021 (edited) On 5/12/2021 at 9:46 AM, tangledwoods said: correcto, they tried to make subcontractors hold numbers and in this market everyone is freaking out. Copper at record highs, lumber is bonkers and steel is through the roof. It is a HORRIBLE time to try and buy anything. We are going to see a lot of projects go on a 3-6mo procurement hold. At the same time though demand for construction has shot up through the roof. I do expect to see a lot of projects get the green light this year simply due to general fears of inflation. No better way to secure general wealth than to put it into real estate. Prices for everything in nearly every kind of market will yo-yo for probably the next couple years honestly mostly due to supply chain disruption. This was the worst thing about the lockdowns globally. I like to think of it like Houston traffic. You get that initial disruption, and then a trickle moves along. Finally you reach the part where you think the accident is, but its no longer there, but its effect still lingers. Same works for supply chains. Because of bloated inventory nobody was buying, most cut production radically to empty inventory. Now that everything has opened up again you see supply shortage because of the previous cut back. Edited May 21, 2021 by Luminare 3 Quote Link to comment Share on other sites More sharing options...
Highrise Tower Posted June 16, 2021 Share Posted June 16, 2021 3202 1/2 Post Oak Blvd permit for a new private street. 6 Quote Link to comment Share on other sites More sharing options...
HOUCAJUN Posted June 16, 2021 Share Posted June 16, 2021 5 hours ago, Highrise Tower said: 3202 1/2 Post Oak Blvd permit for a new private street. What does this mean? 2 Quote Link to comment Share on other sites More sharing options...
Mark Resident Posted June 16, 2021 Share Posted June 16, 2021 Last week I noticed some activity on the site… looks like someone delivered some drainage pipe/culverts. Nothing this week. What a tease! 5 Quote Link to comment Share on other sites More sharing options...
swtsig Posted June 16, 2021 Share Posted June 16, 2021 From CoStar in an article regarding McNair's recently announced Westchase multifamily/active lifestyle development on the old Dow Chemical site: Quote Elsewhere in Houston in the Uptown-Galleria area, McNair Interests has put a proposed high-rise, mixed-use development on Post Oak Boulevard on hold. The project at 3200 Post Oak Blvd. has secured financing and the design is complete, but McNair Interests is waiting for the right market conditions and timing to proceed, Steffen said. 5 Quote Link to comment Share on other sites More sharing options...
thatguysly Posted June 17, 2021 Share Posted June 17, 2021 Makes perfect sense. ON NPR yesterday, it mentioned that it looks like the lumber bubble may be busting and prices coming back down but that lumber prices are still 3x what they were a year ago. China is also releasing more metals into the market and that help other construction costs as well. Seems simple enough to wait a year or two and save millions. 5 Quote Link to comment Share on other sites More sharing options...
SMU1213 Posted June 17, 2021 Share Posted June 17, 2021 2 hours ago, thatguysly said: Makes perfect sense. ON NPR yesterday, it mentioned that it looks like the lumber bubble may be busting and prices coming back down but that lumber prices are still 3x what they were a year ago. China is also releasing more metals into the market and that help other construction costs as well. Seems simple enough to wait a year or two and save millions. Except for the fact that carry costs (including pref and or/opportunity costs) on that expensive of land is millions of dollars a year. Heck, the taxes on that property alone are half a million a year. 5 Quote Link to comment Share on other sites More sharing options...
Highrise Tower Posted June 22, 2021 Share Posted June 22, 2021 Two of the postings in this thread have been deleted. They included confidential information. I sent the user a message. 1 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted June 22, 2021 Share Posted June 22, 2021 Quick search and the most recent rendering can still be found online 👀🤪 2 Quote Link to comment Share on other sites More sharing options...
cloud713 Posted June 23, 2021 Share Posted June 23, 2021 15 hours ago, Urbannizer said: Quick search and the most recent rendering can still be found online 👀🤪 The "latest rendering" on Pinterest? Interesting.. hadn't seen that one before. 2 Quote Link to comment Share on other sites More sharing options...
Popular Post Mark Resident Posted June 24, 2021 Popular Post Share Posted June 24, 2021 Looks like they are doing some site preparation work… 16 Quote Link to comment Share on other sites More sharing options...
Popular Post Mark Resident Posted June 25, 2021 Popular Post Share Posted June 25, 2021 (edited) Working on the east side of the property today. I keep reading that construction costs are starting to come down. Let’s keep our fingers crossed! Edited June 25, 2021 by Mark Resident Sorry for the crappy picture… best I can do with my iPad. 15 Quote Link to comment Share on other sites More sharing options...
Popular Post Highrise Tower Posted June 26, 2021 Popular Post Share Posted June 26, 2021 Stopped by today. Cherry is doing the work. Glad to see some activity! 12 Quote Link to comment Share on other sites More sharing options...
Popular Post Highrise Tower Posted July 4, 2021 Popular Post Share Posted July 4, 2021 One surface lot has been removed. 11 Quote Link to comment Share on other sites More sharing options...
Popular Post hindesky Posted July 5, 2021 Popular Post Share Posted July 5, 2021 https://hrarch.com 18 Quote Link to comment Share on other sites More sharing options...
HOUCAJUN Posted July 6, 2021 Share Posted July 6, 2021 What is the most current rendering for this project? Quote Link to comment Share on other sites More sharing options...
arche_757 Posted July 6, 2021 Share Posted July 6, 2021 As I understand… there is a searchable image that’s on Pinterest. Who is the design architect? It isn’t Munoz + Albin still by chance? Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted July 6, 2021 Share Posted July 6, 2021 17 minutes ago, HOUCAJUN said: What is the most current rendering for this project? https://skyscraperpage.com/forum/showpost.php?p=9150397&postcount=19 13 minutes ago, arche_757 said: As I understand… there is a searchable image that’s on Pinterest. Who is the design architect? It isn’t Munoz + Albin still by chance? House & Robertson, @hindesky posted a link to their page. Original design was by SOM. Munoz + Albin’s was a concept that was never chosen. 6 Quote Link to comment Share on other sites More sharing options...
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