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Permit for $26M worth of sitework was issued yesterday

 
Project No: 17103007
Date : 2018/07/05 00:00:00
USE : (EPR)SITEWORK,FNDATION,&SPRSTRCTR(FUT.AP
Owner/Occupant : *WEINGARTEN REALTY INVESTORS
Job Address : 1958 W GRAY ST 77019
Valuation : $ 26,000,000
Permit Type : 13
FCC Group : Non-Residential Alteration
Buyer : *HANOVER COMPANY
Address : 5847 SAN FELIPE 3600 77057
Phone : (832) 347-7186


http://www.cohtora.houstontx.gov/ibi_apps/WFServlet.ibfs?IBIF_webapp=/ibi_apps&IBIC_server=EDASERVE&IBIWF_msgviewer=OFF&IBIAPP_app=soldpermits&IBIF_ex=sold_permit_d&CLICKED_ON=&PN=17103007&PT=13

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https://www.bizjournals.com/houston/news/2018/07/18/weingarten-s-new-high-rise-at-river-oaks-shopping.html

 

Houston-based Weingarten Realty Investors (NYSE: WRI) started demolition work in early July to clear the way for its 30-story, 318-unit luxury high-rise that will tower above its River Oaks Shopping Center off West Gray.



 

The Driscoll, set to deliver by 2021, is the publicly traded company’s first foray into Houston’s residential market in 15 years. The company has owned the roughly one-acre high-end retail destination since 1971.

 

Houston-based Hanover Co., the developer and contractor for the project, filed a $26 million building permit with the city of Houston but total construction costs weren't disclosed. The luxury high-rise will sit atop 10,000 square feet of retail, which will be a mix of “high-end restaurants and additional specialty retail that will complement the existing tenant mix at River Oaks Shopping Center,” said Gerald Crump, a senior vice president with Weingarten, in an email.

 

In 2017, Drew Alexander, Weingarten’s president and CEO, told the Houston Business Journal this likely won’t be the company’s last high-rise development in Houston. Crump said there aren’t any definite plans to add residential towers at this time, but the company “continues to seek opportunities” that can add value.

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2 hours ago, CaptainJilliams said:

 

The delay has already happened. They have worked through it.  It's going forward now.  It's a shame our primary real estate reporter could not report that more clearly.

Edited by Houston19514
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2 hours ago, Houston19514 said:

 

The delay has already happened. They have worked through it.  It's going forward now.  It's a shame our primary real estate reporter could not report that more clearly.

 

Good. Apologies, the headline caught my attention and I just went with it. As long as it moves forward I'm happy.

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On 8/1/2018 at 3:19 PM, CaptainJilliams said:

 

Good. Apologies, the headline caught my attention and I just went with it. As long as it moves forward I'm happy.

 

Come on this isn't reddit where we just run with headlines haha. We are all guilty of this at some point. Darn clickbait titles.

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YO! Houston - The Sovereign River Oaks & Montrose  https://www.youtube.com/watch?v=Y2UPe1JQBzo

 

Starting at this specific part of the video the crane and construction site are in clear view - https://youtu.be/Y2UPe1JQBzo?t=2790

 

YO YA 11/14/2018 - יָהּ שָׁמָּה - エヴァンゲリオン - Egypt Αἴγυπτος - Popocatépetl - Houston, Texas - https://www.youtube.com/watch?v=mHDZCgcrjig&t=7848s

 

 

 

 

 

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