Jax Posted October 19, 2009 Share Posted October 19, 2009 I noticed on Saturday that something was going up Downtown at Pease and Chenevert. Anybody know anything about this? Quote Link to comment Share on other sites More sharing options...
totheskies Posted October 19, 2009 Share Posted October 19, 2009 Yeah, I've seen this too. I think it's a branch bank location. Quote Link to comment Share on other sites More sharing options...
sevfiv Posted October 19, 2009 Share Posted October 19, 2009 Not sure if this is the correct spot, but the closest I could find in the permit database was 1712 Pease:Project No: 09056512 Date : 2009/08/05 00:00:00 USE : NEW OFFICE BLDG 1-3-2-B-B Owner/Occupant : *PORTFOLIO ASSOCIATES Job Address : 1712 PEASE ST 77003 Valuation : $ 0 Permit Type : P1 FCC Group : Office, Banks, & Professional Bldgs Buyer : GRUBBS JOHN Address : P.O. BOX 507 77328 Phone : (281) 592-8117 Quote Link to comment Share on other sites More sharing options...
ChannelTwoNews Posted October 19, 2009 Share Posted October 19, 2009 It's a small office building, and there was a piece in the Houston Business Journal last month on it.http://houston.bizjournals.com/houston/stories/2009/09/21/story3.htmlAt 20,000 square feet and three stories tall, the small exterior makes the structure at Pease and Chenevert unusual in itself. Upon completion, the interior will sport a decor not found in surrounding towers. Quote Link to comment Share on other sites More sharing options...
kylejack Posted October 19, 2009 Share Posted October 19, 2009 (edited) I've been interested in that building barely E of that intersection. It had a for rent sign but I couldn't find anything on HAR or the commercial real estate sites. Edited October 19, 2009 by kylejack Quote Link to comment Share on other sites More sharing options...
Jax Posted October 19, 2009 Author Share Posted October 19, 2009 Thanks sevfiv, that's the exact spot. It's a weird block because all 4 corners of that intersection are completely empty or abandoned and yet it's only 3 blocks from the Toyota Center. It didn't look huge but it's still definitely nice to see something go up in such an empty spot, especially in this economy. Quote Link to comment Share on other sites More sharing options...
barracuda Posted October 19, 2009 Share Posted October 19, 2009 That's good to hear. I've been wondering when that section of DT would begin to develop. Quote Link to comment Share on other sites More sharing options...
LTAWACS Posted October 19, 2009 Share Posted October 19, 2009 I wonder how this building will differ from others by sporting various interiors. Quote Link to comment Share on other sites More sharing options...
lockmat Posted October 20, 2009 Share Posted October 20, 2009 It's a small office building, and there was a piece in the Houston Business Journal last month on it.http://houston.bizjo.../21/story3.html Real estate broker David Cook of Cushman & Wakefield of Texas Inc. says Portfolio paid less than $45 per-square-foot in a part of downtown where dirt goes for about $75 per-square-foot.“He got a great deal,” says Cook, who is marketing land for sale in the area. “I don’t know of anything that cheap downtown.”How the heck do you get such a good deal in downtown? Sort of shoots down the thought that only high-rises can go downtown. Seems like the money he's saving in a taller building is going into making everything else really nice. Not sure that makes up the difference, but still. Even without a rendering, I'm excited about this one. Quote Link to comment Share on other sites More sharing options...
Jax Posted October 20, 2009 Author Share Posted October 20, 2009 Here's the rendering: Quote Link to comment Share on other sites More sharing options...
kdog08 Posted October 20, 2009 Share Posted October 20, 2009 Good news. This is definitely needed in this part of downtown. Quote Link to comment Share on other sites More sharing options...
LTAWACS Posted October 20, 2009 Share Posted October 20, 2009 Looks like a good lil building. Hopefully, it will attract other activity ala Discovery Green. Quote Link to comment Share on other sites More sharing options...
kylejack Posted October 20, 2009 Share Posted October 20, 2009 Wasn't there a music venue over on this side of downtown way back when? Its just emptiness now, maybe it burned down or something, but I thought someone mentioned something like this. Something Hall maybe? Quote Link to comment Share on other sites More sharing options...
swtsig Posted October 20, 2009 Share Posted October 20, 2009 Wasn't there a music venue over on this side of downtown way back when? Its just emptiness now, maybe it burned down or something, but I thought someone mentioned something like this. Something Hall maybe?wasn't the engine room right around there? Quote Link to comment Share on other sites More sharing options...
kylejack Posted October 20, 2009 Share Posted October 20, 2009 Yeah, but this was something else...Victory Hall, maybe? Can't remember exact name... Quote Link to comment Share on other sites More sharing options...
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