H-Town Man Posted June 25, 2021 Share Posted June 25, 2021 (edited) 15 minutes ago, Houston19514 said: Except that's not all I'm saying. I'm disagreeing with the premise. I don't thinks look rough or hopeless for Midtown. The cancellation of a proposed development (especially a development like Laneways) is of course disappointing, but as I mentioned above, that happens all the time, in all markets. It doesn't mean the end of Midtown. Given the huge amount of development in Midtown in recent years, it might just be time for the market to catch it's breath, so to speak. I mentioned a few posts back that I think it's worth thinking about different sections of Midtown, some of which are pretty successful, some of which are much more challenged. Laneways outkicked its coverage a little and ran into a challenging area. So we are having a discussion now about the challenges of certain areas of Midtown. I disagree that this happens all the time in all markets. I don't think a failure like this has happened in Houston since Houston Pavilions, and when that happened, it provoked a good discussion about some of the limits that exist to development downtown. Those limits have receded a bit but they still exist, and we will have to wait and see what happens with Greenstreet to mark our progress. Lastly, I think there is some resistance to the idea that two events make a trend, but real estate trends and perceptions are often based on one or two successes or failures. Two major retail/residential projects go up on Allen Parkway and suddenly the development community is saying that this is Houston's "oceanfront property" and there is a rise in land values everywhere on Allen Parkway. Two big multi-family developments happen on Navigation and suddenly Navigation is "on the map" for new multi-family development. Ed Wulfe's BLVD Place is forced to scale back after the 2008 market crash and that is seen as a bellwether of how the market crash has impacted retail. The Central Square office renovation in north Midtown fails spectacularly and shows that office doesn't work there. And so on. Edited June 25, 2021 by H-Town Man 6 Quote Link to comment Share on other sites More sharing options...
toxtethogrady Posted July 10, 2021 Share Posted July 10, 2021 No matter what's happening in Midtown, it could be Tel Aviv, where they've been known to dig a hole and just leave it there.... 3 Quote Link to comment Share on other sites More sharing options...
rechlin Posted July 10, 2021 Share Posted July 10, 2021 (edited) We had something like that at Fannin and Capitol for about 10 years until the parking garage for the Star (former Texaco) was built. Not quite as deep, though. Edited July 10, 2021 by rechlin 1 Quote Link to comment Share on other sites More sharing options...
JBTX Posted July 10, 2021 Share Posted July 10, 2021 14 hours ago, toxtethogrady said: Getting some serious Parks and Rec vibes off this pit. 5 4 Quote Link to comment Share on other sites More sharing options...
J.A. Posted July 12, 2021 Share Posted July 12, 2021 After reading all the discussion about why 2 big mixed use projects failed in Midtown, I wonder if the answer might be pretty simple: Downtown stole Midtown's thunder... and from what I'm seeing, is continuing to run away with it. 5 Quote Link to comment Share on other sites More sharing options...
SMU1213 Posted July 12, 2021 Share Posted July 12, 2021 2 hours ago, J.A. said: After reading all the discussion about why 2 big mixed use projects failed in Midtown, I wonder if the answer might be pretty simple: Downtown stole Midtown's thunder... and from what I'm seeing, is continuing to run away with it. Or because no one over the age of 30 wants to live in Midtown and people under the age of the 30 don't pay the rents necessary for a succesful highrise development. 7 2 Quote Link to comment Share on other sites More sharing options...
MarathonMan Posted July 12, 2021 Share Posted July 12, 2021 27 minutes ago, SMU1213 said: Or because no one over the age of 30 wants to live in Midtown and people under the age of the 30 don't pay the rents necessary for a succesful highrise development. I think you’re spot on here. Midtown needs to pivot from the bar scene that caters to the young party crowd to a more all-encompassing live/work/shop model that takes advantage of the street grid to create a very pedestrian lifestyle. Everything you need within walking distance. A much more stable, affluent population would migrate to the neighborhood. Hopefully the Ion will be a catalyst for such a transformation! 7 1 Quote Link to comment Share on other sites More sharing options...
clutchcity94 Posted July 12, 2021 Share Posted July 12, 2021 2 hours ago, MarathonMan said: I think you’re spot on here. Midtown needs to pivot from the bar scene that caters to the young party crowd to a more all-encompassing live/work/shop model that takes advantage of the street grid to create a very pedestrian lifestyle. Everything you need within walking distance. A much more stable, affluent population would migrate to the neighborhood. Hopefully the Ion will be a catalyst for such a transformation! If that happens with the Ion, I’m sure Montrose will claim that pocket. 😁 2 Quote Link to comment Share on other sites More sharing options...
Fortune Posted August 5, 2021 Share Posted August 5, 2021 Why is this still under Going Up? Quote Link to comment Share on other sites More sharing options...
Big E Posted August 9, 2021 Share Posted August 9, 2021 On 8/5/2021 at 3:22 PM, Fortune said: Why is this still under Going Up? You tell me. I try to find the methodology behind keeping finished buildings in a section of the forum titled "Going Up". Quote Link to comment Share on other sites More sharing options...
Montrose1100 Posted August 9, 2021 Share Posted August 9, 2021 Because we don't have a "on-hold" section. These lots will get developed eventually, and the title will change, and will eventually "go up". Makes it easier to find when the time comes. We're here to make sure everyone plays nicely and move/merge threads by requests. 4 1 Quote Link to comment Share on other sites More sharing options...
urbanize713 Posted August 9, 2021 Share Posted August 9, 2021 Here is an update. Common Bond is starting construction tomorrow! 5 Quote Link to comment Share on other sites More sharing options...
corbs315 Posted August 10, 2021 Share Posted August 10, 2021 21 minutes ago, urbanize713 said: Here is an update. Common Bond is starting construction tomorrow! tha's coo! 1 Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted August 10, 2021 Share Posted August 10, 2021 14 hours ago, urbanize713 said: Here is an update. Common Bond is starting construction tomorrow! Common Bond in The Ion? 1 Quote Link to comment Share on other sites More sharing options...
corbs315 Posted August 14, 2021 Share Posted August 14, 2021 On 8/10/2021 at 9:25 AM, Houston19514 said: Common Bond in The Ion? Nope. Taking the northwest corner of Drewery too. 7 Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted August 14, 2021 Share Posted August 14, 2021 13 minutes ago, corbs315 said: Nope. Taking the northwest corner of Drewery too. Oh wow. Thanks for the info. 1 Quote Link to comment Share on other sites More sharing options...
corbs315 Posted December 26, 2021 Share Posted December 26, 2021 On 8/14/2021 at 3:29 PM, Houston19514 said: Oh wow. Thanks for the info. Common Bond is now open at Drewery Place. 7 Quote Link to comment Share on other sites More sharing options...
corbs315 Posted February 6, 2022 Share Posted February 6, 2022 On 12/26/2021 at 4:10 PM, corbs315 said: Common Bond is now open at Drewery Place. I went in for the first time for a delightful pastry. I have walked by a few times. In all these times I have never seen a customer other than myself :| 2 Quote Link to comment Share on other sites More sharing options...
aachor Posted February 8, 2022 Share Posted February 8, 2022 (edited) On 2/6/2022 at 11:41 AM, corbs315 said: I went in for the first time for a delightful pastry. I have walked by a few times. In all these times I have never seen a customer other than myself :| Every time I see this thread bumped, I get a bit excited hoping something got revived and that we'll see some new high rise in midtown. But, alas, nada. I suppose a pastry can be nice too.......😭😭😭 Edited February 8, 2022 by aachor 6 1 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted July 8, 2022 Author Share Posted July 8, 2022 What could have been. 11 Quote Link to comment Share on other sites More sharing options...
phillip_white Posted November 28, 2022 Share Posted November 28, 2022 On 12/26/2021 at 4:10 PM, corbs315 said: Common Bond is now open at Drewery Place. Common Bond is now permanently closed at Drewery Place. 4 Quote Link to comment Share on other sites More sharing options...
corbs315 Posted November 28, 2022 Share Posted November 28, 2022 7 hours ago, phillip_white said: Common Bond is now permanently closed at Drewery Place. Yeah I never saw anyone there. Ah well. Quote Link to comment Share on other sites More sharing options...
mattyt36 Posted November 29, 2022 Share Posted November 29, 2022 Are their other developments faring better? As I recall they had projects in Seattle and this in Houston. Is it more about the company or the market? I suspect the latter, which is a real shame. Quote Link to comment Share on other sites More sharing options...
IntheKnowHouston Posted November 29, 2022 Share Posted November 29, 2022 On 11/28/2022 at 3:28 AM, phillip_white said: Common Bond is now permanently closed at Drewery Place. Common Bond's unit, 2850 Fannin St, Suite 100, was listed several months ago. It's still available for lease. https://www.crexi.com/lease/properties/447465/texas-the-drewery-place https://api-lease.crexi.com/assets/447465/flyer http://www.chodrowrealtyadvisors.com/for-lease/ 2 Quote Link to comment Share on other sites More sharing options...
urbanize713 Posted November 30, 2022 Share Posted November 30, 2022 Common bond opened a "light" concept with a limited menu and it just didn't work. In my opinion, if they had done a brasserie like downtown it would have thrived. Just look at the sushi restaurant on the Drew and Fannin corner. It has a regular crowd and is pretty busy on the weekends. The space has already been leased to an Acai bowl concept or chain. They started the remodel before Thanksgiving and it appears to be moving quickly. 6 Quote Link to comment Share on other sites More sharing options...
004n063 Posted November 30, 2022 Share Posted November 30, 2022 11 hours ago, urbanize713 said: Common bond opened a "light" concept with a limited menu and it just didn't work. In my opinion, if they had done a brasserie like downtown it would have thrived. Just look at the sushi restaurant on the Drew and Fannin corner. It has a regular crowd and is pretty busy on the weekends. The space has already been leased to an Acai bowl concept or chain. They started the remodel before Thanksgiving and it appears to be moving quickly. I ageee - it could thrive as a true restaurant. I also think a more sandwich-oriented version of Common Bond could have done well. I went a couple of times for baguettes, but was always disappointed by the menu. But considering how well Madamoiselle Louise is doing in a fairly similar part of Downtown (some new development, some vacancy, some vagrancy), there aren't a lot of good excuses for Common Bond's failure there. 2 Quote Link to comment Share on other sites More sharing options...
corbs315 Posted November 30, 2022 Share Posted November 30, 2022 20 hours ago, urbanize713 said: Common bond opened a "light" concept with a limited menu and it just didn't work. In my opinion, if they had done a brasserie like downtown it would have thrived. Just look at the sushi restaurant on the Drew and Fannin corner. It has a regular crowd and is pretty busy on the weekends. The space has already been leased to an Acai bowl concept or chain. They started the remodel before Thanksgiving and it appears to be moving quickly. Yeah, and the hours were silly. It wasn't open M-W. 3 Quote Link to comment Share on other sites More sharing options...
Diaspora2 Posted December 1, 2022 Share Posted December 1, 2022 Open only 4 days each week was meant to enable you to measure your carb intake; 1 2 Quote Link to comment Share on other sites More sharing options...
hindesky Posted December 2, 2022 Share Posted December 2, 2022 Curious what this permit for a stormwater skimmer might be for. Did someone buy this property? 2 Quote Link to comment Share on other sites More sharing options...
corbs315 Posted December 2, 2022 Share Posted December 2, 2022 (edited) "kaydon" Edited December 2, 2022 by corbs315 Quote Link to comment Share on other sites More sharing options...
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