H-Town Man Posted October 2, 2019 Share Posted October 2, 2019 1 hour ago, Luminare said: You could be entirely correct. Its possible a much clearer definition of terms we should use would be "department store" which you have laid out the definition to, which I can agree to, and I would proposed a second definition be "boutique store". Department store referring to the large variety, and the boutique referring to the small. Would that be a better way to construct this? I think so. Those in Montrose are boutiques, not department stores. 1 1 Quote Link to comment Share on other sites More sharing options...
TheSirDingle Posted November 15, 2019 Share Posted November 15, 2019 Source: https://www.bizjournals.com/houston/news/2019/11/14/downtown-houston-mixed-use-development-secures.html Quote Midway/Lionstone investments has secured a $140 million refinancing for the GreenStreet property... The property is undergoing a renovation that includes a new two-story lobby on the ground floor of the tower "to create a sense of arrival and distinct point of entry for office tenants and visitors" as well as "opening up central corridors to enhance visibility". Greenstreet signed a 15-year lease with Life Time to establish a diamond-level fitness resort and the company's coworking concept. Life Time's lease was for 108,000 square feet at 1201 main St. The company is expected to open the GreenStreet location early next year, 5 Quote Link to comment Share on other sites More sharing options...
j_cuevas713 Posted November 15, 2019 Share Posted November 15, 2019 Hopefully something fills the Forever 21 space quickly. Quote Link to comment Share on other sites More sharing options...
Twinsanity02 Posted November 15, 2019 Share Posted November 15, 2019 Forever 65 perhaps? 1 2 Quote Link to comment Share on other sites More sharing options...
cougarpad Posted November 15, 2019 Share Posted November 15, 2019 Perfect place for a grocery store. HEB shoud be all over that vacant Forever 21 space. 4 1 Quote Link to comment Share on other sites More sharing options...
CaptainJilliams Posted November 15, 2019 Share Posted November 15, 2019 51 minutes ago, cougarpad said: Perfect place for a grocery store. HEB shoud be all over that vacant Forever 21 space. I'm trying to think if that could work given the space, but absolutely a grocery store on Main Street would be incredible for the area. 2 Quote Link to comment Share on other sites More sharing options...
J Money Posted November 15, 2019 Share Posted November 15, 2019 I think a Trader Joe’s could fit the space nicely 7 1 Quote Link to comment Share on other sites More sharing options...
CaptainJilliams Posted November 15, 2019 Share Posted November 15, 2019 A grocery store and LifeTime Fitness would be a great 1-2 punch. 3 1 1 1 Quote Link to comment Share on other sites More sharing options...
Highrise Tower Posted January 25, 2020 Share Posted January 25, 2020 On 11/7/2017 at 2:04 PM, j_cuevas713 said: Wait a sec, so Forever 21 is closing? Empty. 7 1 3 Quote Link to comment Share on other sites More sharing options...
Mattie Posted January 26, 2020 Share Posted January 26, 2020 So what are the odds retail moves into their space? Parking is less than ideal if you wanted to run in and grab something quickly. 1 Quote Link to comment Share on other sites More sharing options...
Tumbleweed_Tx Posted January 27, 2020 Share Posted January 27, 2020 21 hours ago, Mattie said: So what are the odds retail moves into their space? Parking is less than ideal if you wanted to run in and grab something quickly. less than 0, retail doesn't work well in Greenstreet. It will either be more bars or office space. **Every** retail space has failed except the HoB Gear Shop, which would fail if it was on it's own. 3 Quote Link to comment Share on other sites More sharing options...
Popular Post Texasota Posted January 27, 2020 Popular Post Share Posted January 27, 2020 I think saying "retail doesn't work well in Greenstreet" based on Forever21 and a failing chain bookstore *and* ignoring the fact that the population downtown has literally quadrupled is a bit premature. I think something that's more of a destination (like Phoenicia has largely turned out) would work fine. Like, if they put a Muji here, it would do fine. 11 Quote Link to comment Share on other sites More sharing options...
j_cuevas713 Posted January 27, 2020 Share Posted January 27, 2020 (edited) 3 hours ago, Texasota said: I think saying "retail doesn't work well in Greenstreet" based on Forever21 and a failing chain bookstore *and* ignoring the fact that the population downtown has literally quadrupled is a bit premature. I think something that's more of a destination (like Phoenicia has largely turned out) would work fine. Like, if they put a Muji here, it would do fine. Agree. Forever 21 is going under. It had nothing to do with it being successful/unsuccessful in Greenstreet. And bookstores are in the same boat. Small independent bookstores are doing just fine because they offer a unique experience but larger ones like Barnes and Noble won't be around too much longer. I think any retail would work here. Edited January 27, 2020 by j_cuevas713 8 Quote Link to comment Share on other sites More sharing options...
wilcal Posted February 11, 2020 Share Posted February 11, 2020 (edited) Life Time Fitness opening "Spring 2020" Life Time Work coming with no date https://www.lifetime.life/life-time-locations/tx-greenstreet-houston.html On 11/15/2019 at 10:18 AM, CaptainJilliams said: A grocery store and LifeTime Fitness would be a great 1-2 punch. 👏 Edited February 11, 2020 by wilcal 7 Quote Link to comment Share on other sites More sharing options...
X.R. Posted February 11, 2020 Share Posted February 11, 2020 Downtown slowly getting all of the amenities people have been clamoring for. So now you'll have Lifetime, the Met, and YMCA all in downtown, and if LifeTime Fitness has those lounge areas and fast-healthy food like the other locations then the downtown businesses and offices without a gym/lounge area of their own can now provide that service to their employees as a benefit of being at the DT location. And DT residents can go there too, I guess 😆 Thanks @wilcal! 2 Quote Link to comment Share on other sites More sharing options...
jermh Posted February 11, 2020 Share Posted February 11, 2020 (edited) 26 minutes ago, X.R. said: Downtown slowly getting all of the amenities people have been clamoring for. So now you'll have Lifetime, the Met, and YMCA all in downtown, and if LifeTime Fitness has those lounge areas and fast-healthy food like the other locations then the downtown businesses and offices without a gym/lounge area of their own can now provide that service to their employees as a benefit of being at the DT location. And DT residents can go there too, I guess 😆 Thanks @wilcal! I wish this location was getting a lap pool. The YMCA is nice, but it can get crowded, and another pool downtown would help relieve that. Regardless lacking a pool having new amenities downtown will be exciting for a lot of people. Edited February 11, 2020 by jermh 3 Quote Link to comment Share on other sites More sharing options...
wilcal Posted February 11, 2020 Share Posted February 11, 2020 1 hour ago, X.R. said: Downtown slowly getting all of the amenities people have been clamoring for. So now you'll have Lifetime, the Met, and YMCA all in downtown, and if LifeTime Fitness has those lounge areas and fast-healthy food like the other locations then the downtown businesses and offices without a gym/lounge area of their own can now provide that service to their employees as a benefit of being at the DT location. And DT residents can go there too, I guess 😆 Thanks @wilcal! Their site does say that it will feature a LifeCafe and it has a pic of a juice bar looking kind of thing, too. 2 Quote Link to comment Share on other sites More sharing options...
Nole23 Posted January 12, 2021 Share Posted January 12, 2021 Hotel Alessandra shutters..... https://houston.culturemap.com/news/city-life/01-12-21-hotel-alessandra-downtown-closed-shuttered-valencia-group/ 1 6 Quote Link to comment Share on other sites More sharing options...
gene Posted January 12, 2021 Share Posted January 12, 2021 dang! well with the world the way it is, this isn't necessarily as much as a surprise as it just stinks... come on vaccine!!! 3 Quote Link to comment Share on other sites More sharing options...
kbates2 Posted January 12, 2021 Share Posted January 12, 2021 Yeah that blows. 2 Quote Link to comment Share on other sites More sharing options...
X.R. Posted January 12, 2021 Share Posted January 12, 2021 (edited) 1 hour ago, Nole23 said: Hotel Alessandra shutters..... https://houston.culturemap.com/news/city-life/01-12-21-hotel-alessandra-downtown-closed-shuttered-valencia-group/ COVID created winners and losers, and a lot of that comes down to cash flow management and debt allocation. A lot, a lot of businesses were spending in pursuit of revenue, and COVID caught the ones who were stretched thin with their pants down. Even in hospitality, some private equity groups are making a killing buying these kinds of assets. The sudden-ness of the closing means they probably weren't financially liquid enough to survive the tough time, but this will most likely be sold to some PE company and continue to be what it was. So, no fretting. Can't let all those renovations go to waste! Edited January 12, 2021 by X.R. 5 Quote Link to comment Share on other sites More sharing options...
j_cuevas713 Posted January 12, 2021 Share Posted January 12, 2021 This will become something else in the long run. Nothing to worry about. 4 Quote Link to comment Share on other sites More sharing options...
nate4l1f3 Posted January 12, 2021 Share Posted January 12, 2021 This would be the definition of turn-key for whoever scoops it up. 1 Quote Link to comment Share on other sites More sharing options...
H-Town Man Posted January 12, 2021 Share Posted January 12, 2021 2 hours ago, Nole23 said: Hotel Alessandra shutters..... https://houston.culturemap.com/news/city-life/01-12-21-hotel-alessandra-downtown-closed-shuttered-valencia-group/ What a death hole this whole development is. 5 Quote Link to comment Share on other sites More sharing options...
HNathoo Posted January 12, 2021 Share Posted January 12, 2021 I would doubt this stays closed for more than a few weeks. No lender would allow for that to happen - need to protect their collateral. 4 Quote Link to comment Share on other sites More sharing options...
HOUCAJUN Posted January 12, 2021 Share Posted January 12, 2021 (edited) Interesting to see what Brand takes over. What are the possibilities? Edited January 12, 2021 by HOUCAJUN 1 Quote Link to comment Share on other sites More sharing options...
downtownian Posted January 12, 2021 Share Posted January 12, 2021 1 hour ago, H-Town Man said: What a death hole this whole development is. I’m cautiously optimistic about the Life Time Green Street. It’s going to open in the spring and the facilities are large and incredible. I went in for a virtual tour over the weekend and joined at a discounted early rate. 9 Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted January 12, 2021 Share Posted January 12, 2021 29 minutes ago, HOUCAJUN said: Interesting to see what Brand takes over. What are the possibilities? So many possibilities... Edition, Luxury Collection, St Regis, Le Meridien, Autograph Collection, Tribute Portfolio, Kimpton, Curio Collection, Signia, Tapestry Collection, Canopy, Conrad, LXR, Waldorf Astoria, Loews, Regent, Intercontinental. . . Quote Link to comment Share on other sites More sharing options...
Moore713 Posted January 12, 2021 Share Posted January 12, 2021 Let's be honest... it will be many 6 months before Marriott buys Quote Link to comment Share on other sites More sharing options...
Popular Post Houston19514 Posted January 12, 2021 Popular Post Share Posted January 12, 2021 3 minutes ago, Moore713 said: Let's be honest... it will be many 6 months before Marriott buys Marriott won't buy it. Marriott is not generally in the business of owning hotels. More news from Houston Business Journal: Robert Williamson, senior vice president of investment management for Midway, called the closure temporary. “We view this as a unique opportunity to reevaluate operations, explore ways to enhance our offerings, maximize value and reopen with minimal impact while the industry slowly recovers," Williamson said. "Providing an unrivaled hotel and dining experience remains our top priority, and we look forward to serving our guests in the near future.” 10 Quote Link to comment Share on other sites More sharing options...
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