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Hotel On La Branch Between Capitol St. And Rusk St.


Houston19514

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The 11-story hotel will be developed by College Station-based Oldham Goodwin Group and Phin-Ker of Houston. The group expects to break ground on the 261-room property by January and open by the summer of 2015.

Actually the Hyatt is by a different developer. 

http://www.houstonchronicle.com/business/real-estate/article/Value-priced-hotels-planned-for-Houston-4613401.php

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The 11 story Hyatt Place next to the Homewood Suites/Hampton Inn has been removed. 

 

Last months development map had it, this months has removed it: http://www.downtownhouston.org/site_media/uploads/attachments/2014-03-06/140303_Downtown_Houston_Development_Map_11x17.pdf

 

Strange. You're right. I was thinking maybe HS/Hampton bought it all but it is still only half a lot.

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Me thinks with the tax incentives being a proved look for alot of DT property to start opting to sell

 

Hotel demand is quite strong right now because of the low vacany. It may have just been difficult to have competing hotels on the same property.

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I noticed the lot across the street of green st with the stand alone tix booth is for sell ..that prime property

So, that would be the lot behind the 4 Seasons and adjacent to the Bar "Reserve"?

If so, a tall building there would crush the view of all of the 4seasons south facing rooms and apartments. Oh well.

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So, that would be the lot behind the 4 Seasons and adjacent to the Bar "Reserve"?

If so, a tall building there would crush the view of all of the 4seasons south facing rooms and apartments. Oh well.

That the one..I hope green st is smart enough to buy it just so they can secure space for future expansion if they ever needed it..
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American Liberty Hospitality, a Houston-based company building two Hilton-branded properties along Crawford between Capitol and Rusk, purchased an adjacent property along La Branch between Capitol and Rusk for another new hotel.  No decisions have been made on the brand for that property, said Nick Massad, president of CEO of the group

http://blog.chron.com/primeproperty/2014/09/developers-plan-another-new-downtown-hotel-amid-flurry-of-activity/#21137101=0

Edited by Mab
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"We will probably build another hotel there, but there is no guarantee yet," Massad said. "We will just wait and see what the market needs. Downtown might need more office space at that point or a parking garage. Who knows? ... It's hard to predict that far in advance. We will hold our cards and see what happens in the future."

http://www.houstonchronicle.com/business/real-estate/article/Developers-purchase-downtown-lot-next-to-hotel-5775795.php?cmpid=twitter-premium&t=a7b5026326f1bd0534

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  • The title was changed to Planned Hotel On La Branch Between Capitol St. And Rusk St.
  • The title was changed to Hotel On La Branch Between Capitol St. And Rusk St.

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