Drewery Place: Multifamily High-Rise At 2850 Fannin St.

[cloud713]

13 hours ago, CREguy13 said:

If they are still committed, I actually believe this will break ground in Q1 2021 since the hotel now is a larger part of the equation with the reduced project scope.

I’m moreso worried about when this fed pump manipulation ends and the stock market crashes, but I agree the hotel is a large part of the equation here.

[clutchcity94]

[BeerNut]

Should everything Caydon be in one thread with the different phases starting at different times and Kimpton being a project worthy of it's own thread?

[Luminare]

43 minutes ago, BeerNut said:

Should everything Caydon be in one thread with the different phases starting at different times and Kimpton being a project worthy of it's own thread?

 

If there were ways to create physical separators in threads that denote phases of a project, and each building, then I would be fine with megathreads, but it just gets harder and harder as projects start to stack on top of one another with no way to figure out what is going on. I would be for separate threads with this being the case.

[phillip_white]

Looks like developers are falling over themselves to get projects out of the ground right now. Phase two coming soon?

 

 

[LBC2HTX]

Opportunity zones have 7 years to defer capital gains. Shit has to get moving. 

[Moore713]

Remember when people said downtown and medical center would never connect ? Now you can stand downtown look straight down main street and swear it all one long corridor. 

[samagon]

quite a shame that none of the development has anything to do with the light rail though

[Texasota]

There's a variance request for the next tower on the new Planning Commission agenda. It's a little over half of the art supply block facing Main. Rendering included, though more for massing than final materials

[TheSirDingle]

1 hour ago, Texasota said:

There's a variance request for the next tower on the new Planning Commission agenda. It's a little over half of the art supply block facing Main. Rendering included, though more for massing than final materials

Caydon website: https://caydonproperty.com/us/properties/residential
Link given for view property: https://caydonproperty.com/us/properties/fitzroy-residences-houston-condos

 

(pardon me for the low quality snip)

Looks like they also updated their listing on the website. It seems to be a condo tower paired with a Kimpton hotel, and has the same street level rendering looking at the garage level as before.

 

The Condominiums will start from $300k, and will range from 1-3 bedrooms (bathrooms are currently unknown but we can assume it's the same as the bedrooms). They'll also range from 560 sqft to 2000 sqft. That's all I can really get from the website listing.

 

For the view property link it ask me to put in my email, name, and phone # if you want to know more about the development (guess they'll send me a link in the future). This in turn puts you on a VIP list that allows you to be one of the first people to visit their sales office. 

[CREguy13]

Houston Planning Commission's virtual meeting on this is today at 2:30pm.  Fingers crossed there's new information released, ideally updated renderings and revised timeline...

[por favor gracias]

On 6/20/2020 at 12:25 PM, TheSirDingle said:

Caydon website: https://caydonproperty.com/us/properties/residential
Link given for view property: https://caydonproperty.com/us/properties/fitzroy-residences-houston-condos

 

(pardon me for the low quality snip)

Looks like they also updated their listing on the website. It seems to be a condo tower paired with a Kimpton hotel, and has the same street level rendering looking at the garage level as before.

 

The Condominiums will start from $300k, and will range from 1-3 bedrooms (bathrooms are currently unknown but we can assume it's the same as the bedrooms). They'll also range from 560 sqft to 2000 sqft. That's all I can really get from the website listing.

 

For the view property link it ask me to put in my email, name, and phone # if you want to know more about the development (guess they'll send me a link in the future). This in turn puts you on a VIP list that allows you to be one of the first people to visit their sales office. 

 

$300k for 560 sqft...yowza!

[HNathoo]

[TheSirDingle]

Nice massing diagram. Also I saw some floor plans for the site on the agenda, might have to clip em from the PDF.

 

Edited June 26, 2020 by TheSirDingle

[wxman]

Yikes, this thing got a pretty significant hair cut. Not nearly as dominate first proposed. Looks like it got the quintessential Houston treatment.

[Bassclef]

I agree wxman.

Edited June 26, 2020 by Bassclef

[TheSirDingle]

Rest of the planning commission information: 

 

 

 

 

 

[kennyc05]

I'm confused is this the hotel or condo?

Edited June 27, 2020 by kennyc05

[Fortune]

55 minutes ago, kennyc05 said:

I'm confused is this the hotel or condo?

 

Both

[Response]

Almost 400 feet. That's pretty tall for Midtown.

[CREguy13]

I actually like the scaled down version - it kind of looks like the Allen.  The fact that it will have a neighboring tower on the same block is great for density and based on Drewery Place, Caydon will use high quality materials.  Of course would prefer a higher floor count, but 30+ floors with good design/quality in an area that didn't have a high-rise 12 months ago is a W in my book.

[EllenOlenska]

I'm just gonna echo @CREguy13 and say something like this in midtown is really going to change the look of midtown. Houston is so spread out, a really tall building doesn't make much sense here. In some sense this sort of thing is necessary before we can begin to get very tall buildings. 

And I for one still remember when, except for two peculiar buildings, all the buildings in midtown were two to four stories tall. 

Edited June 27, 2020 by EllenOlenska

[TheSirDingle]

Honestly, this part was only shorten because of the massive strain on the hotel market, due to covid-19. Although it's still a significant improvement over what's there now, I have a feeling the full renderings are going to reflect a shorter version of the first rendering more than the massing diagram. Massing diagrams tend to not be completely reflective of the final design, so i'm still waiting for a more recent 3d rendering (which i'm sure will look amazing either way).

 

Now that I think about it, this tower should be a pair of rental multi-family and Hotel, not condo and hotel (going off the caydon laneways brochure). Meaning they might be showing information for the condominium tower on McGowen street pretty soon, at least going off that website I linked. Anyway, the rest of the project should be fine since it's mostly multi-family/condominiums iirc. Right now is a great time to build residential buildings, especially ones that have the potential to open around the next economic boom.
 

Finally, we shouldn't get ahead of ourselves. Just the fact we're getting such high quality/tall buildings going up in Midtown is a present in itself. While I wish they would of kept it taller (damn you covid!!), this is still an amazing addition to the overall development, and a potential major addition to Houston's pedestrian realm. 

 

EDIT: Found some more plat files. One for the mcgowen tower, and one for the drew avenue tower. 

Mcgowen: 

 

Drew: 

 

Edited June 27, 2020 by TheSirDingle

[Houston19514]

22 hours ago, wxman said:

Yikes, this thing got a pretty significant hair cut. Not nearly as dominate first proposed. Looks like it got the quintessential Houston treatment.

 

There is really nothing quintessentially Houston about it.  This happens in developments everywhere.

[HoustonIsHome]

On 6/27/2020 at 1:08 PM, EllenOlenska said:

I'm just gonna echo @CREguy13 and say something like this in midtown is really going to change the look of midtown. Houston is so spread out, a really tall building doesn't make much sense here. In some sense this sort of thing is necessary before we can begin to get very tall buildings. 

And I for one still remember when, except for two peculiar buildings, all the buildings in midtown were two to four stories tall. 

Although I agree with what you are saying, I would like to point out that this is Houston and plopping down tall buildings in random areas are what we do.

 

The Williams tower, AIG building and others.

 

But like I said, I do agree with you. This will help transform the area which will hopefully result in taller and taller buildings. 

 

My dream for midtown has always been a sea of 12 storey buildings with a string of 30 to 50 storey buildings along main from downtown to Herman Park. 

 

There's so much empty or decay around this project. Hopefully more deals can get going in this area

[j_cuevas713]

5 hours ago, HoustonIsHome said:

Although I agree with what you are saying, I would like to point out that this is Houston and plopping down tall buildings in random areas are what we do.

 

The Williams tower, AIG building and others.

 

But like I said, I do agree with you. This will help transform the area which will hopefully result in taller and taller buildings. 

 

My dream for midtown has always been a sea of 12 storey buildings with a string of 30 to 50 storey buildings along main from downtown to Herman Park. 

 

There's so much empty or decay around this project. Hopefully more deals can get going in this area

Yeah this project along with The Innovation District are going to change this area dramatically. You are already getting a better urban vibe from West Alabama to Holman towards HCC. And further down around McGowen. 

[clutchcity94]

25 minutes ago, j_cuevas713 said:

Yeah this project along with The Innovation District are going to change this area dramatically. You are already getting a better urban vibe from West Alabama to Holman towards HCC. And further down around McGowen. 

I bet the stretch of Richmond just west of The Ion on  the other side of the spur will start developing next. It seems like just about every storefront on that stretch of Richmond between the spur and Montrose Blvd is vacant, and I have a feeling it’s due to the crummy conditions on the Wheeler side. Once that area improves, I think this pocket of Montrose will also explode.

Edited June 30, 2020 by clutchcity94

[por favor gracias]

7 hours ago, j_cuevas713 said:

Yeah this project along with The Innovation District are going to change this area dramatically. You are already getting a better urban vibe from West Alabama to Holman towards HCC. And further down around McGowen. 

 

The progress over the last 5 years is impressive.

[HOU_huckster]

On 6/30/2020 at 1:54 PM, clutchcity94 said:

I bet the stretch of Richmond just west of The Ion on  the other side of the spur will start developing next. It seems like just about every storefront on that stretch of Richmond between the spur and Montrose Blvd is vacant, and I have a feeling it’s due to the crummy conditions on the Wheeler side. Once that area improves, I think this pocket of Montrose will also explode.

 

This isn't true, though. Look for D&Q (Houston's best beer shop), Ono Poke (Houston's best poke), Foelber Pottery (a goddamn institution), Chapultepec, BCN, etc. Appearances are deceiving. This is the Houston I love quite frankly. The Houston that's a little less obvious (and, sure, slightly unkempt) but rewarding. 

[samagon]

Chapultepec doesn't quite get the recognition it deserves as a Houston institution. make no mistake, it's not the best Mexican food in Houston, but it is good Mexican food, especially at 3am on a Sunday morning.