Highrise Tower Posted August 22, 2020 Share Posted August 22, 2020 Always used to see this Loopnet listing. Looks like the listing has been removed. Did somebody buy it? https://www.loopnet.com/Listing/0-WOODWAY-Houston-TX/11384575/ +/-1.0409 acres fronting the south side of Woodway Drive in the Riverway Reserve development on the banks of Buffalo Bayou. High profile unique development opportunity with engineering challenges due to floodway, but price is discounted accordingly. Highest and best use calls for mid-to-high-rise vertical development. 3 Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted August 25, 2020 Share Posted August 25, 2020 Love this line: "engineering challenges due to floodway". I'm thinking this is a parcel for which the highest and best use is to remain undeveloped. 5 Quote Link to comment Share on other sites More sharing options...
Texasota Posted August 25, 2020 Share Posted August 25, 2020 (edited) I don't see how most of this lot is buildable. The sliver that fronts Woodway is if they eliminate the little slip lane (assuming that's actually part of the lot), but even that is *maybe* 50' wide? I suppose you could put in townhouses, but I don't see how much else fits. Unless you can also buy the parking garage from the property next door and consolidate the lots. Building up against the bayou here is lunacy assuming you can even convince the City to permit it. Now, if it were purchased explicitly to be used as park space (maybe by the TIRZ?) that would make more sense. Maybe put in a pedestrian/cycling bridge across the bayou at the major bend to better connect Riverway to the trails. Edited August 25, 2020 by Texasota 3 Quote Link to comment Share on other sites More sharing options...
Highrise Tower Posted November 14, 2020 Author Share Posted November 14, 2020 Under Contract per Loopnet. https://www.loopnet.com/Listing/0-WOODWAY-Houston-TX/14823364/ 1 Quote Link to comment Share on other sites More sharing options...
DotCom Posted November 9, 2023 Share Posted November 9, 2023 I think this is for the same property. Can't believe nobody posted this anywhere on here yet! Filing person is with Gensler. https://www.tdlr.texas.gov/TABS/Search/Project/TABS2024000710 Looks like it sold to Zieben in June 2022. https://www.houstonchronicle.com/business/texas-inc/article/Real-estate-transactions-Investors-buy-17228468.php "Dezhc LLC purchased 1 acre on the south side of Woodway Drive along Buffalo Bayou within Riverway Reserve near the Omni Hotel. Shaw Commercial Properties represented the seller, N. Husain. The buyer intends to develop a boutique office building for its own use." Foundation permit app filed by the Zieben on 10/5. 7 Quote Link to comment Share on other sites More sharing options...
IntheKnowHouston Posted November 9, 2023 Share Posted November 9, 2023 (edited) 1 hour ago, DotCom said: I think this is for the same property. Can't believe nobody posted this anywhere on here yet! Filing person is with Gensler. https://www.tdlr.texas.gov/TABS/Search/Project/TABS2024000710 Looks like it sold to Zieben in June 2022. https://www.houstonchronicle.com/business/texas-inc/article/Real-estate-transactions-Investors-buy-17228468.php "Dezhc LLC purchased 1 acre on the south side of Woodway Drive along Buffalo Bayou within Riverway Reserve near the Omni Hotel. Shaw Commercial Properties represented the seller, N. Husain. The buyer intends to develop a boutique office building for its own use." Great find, @DotCom. Below are details pertaining to development at 11 Riverway tentatively named Woodway Tower (I know there's a screenshot in the above post. However, typing the details here ensures if anyone searches the forum or Google can find this using whatever keywords). The details are from an architectural barriers project filing with the Texas Department of Licensing and Regulation (TDLR): Estimated Start Date: June 1, 2024 Completion Date: June, 1, 2026 Estimated Cost: $85,000,000 Type of Work: New Construction Type of Funds: This project is privately funded, on private land for private use. Scope of Work: New construction of a 617,943 gross sf mixed-use tower with offices, residential units, restaurant, enclosed garage and residential penthouse, fully sprinklered with site improvements. Square Footage: 617,943 sf Edited November 9, 2023 by IntheKnowHouston 9 Quote Link to comment Share on other sites More sharing options...
kennyc05 Posted November 9, 2023 Share Posted November 9, 2023 I wonder how many stories 🤔 2 Quote Link to comment Share on other sites More sharing options...
strickn Posted November 9, 2023 Share Posted November 9, 2023 That square footage often includes the parking garage square footage, but if I were developing such a small site with office, residential and a bayoufront restaurant... then I would want to build as much parking space as possible, but by means of flexible-footprint automated parking with a smartphone retrieval-concierge ( https://www.trident-structures.com/parking is one example that office developers are fielding currently). That way I could maximize the amount of floorplan available for primary uses to flow throughout a site and strengthen the program. 2 Quote Link to comment Share on other sites More sharing options...
Popular Post Dakota79 Posted June 6 Popular Post Share Posted June 6 I didn’t see this on here. If it is, I apologize. 10 1 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted June 6 Share Posted June 6 https://www.bizjournals.com/houston/news/2024/06/05/woodway-tower-zieben-group-uptown-memorial-park.amp.html 5 Quote Link to comment Share on other sites More sharing options...
texan Posted June 6 Share Posted June 6 Details from the article: 100,000 sf of office across five floors, 125 apartments and a tenant's penthouse suite across eleven floors, and two restaurants on the top two floors (targeting an Italian restaurant and a sushi restaurant. $100 million price tag. 6 2 Quote Link to comment Share on other sites More sharing options...
AS_ Posted June 6 Share Posted June 6 and two restaurants on the top two floors (targeting an Italian restaurant and a sushi restaurant) Now that's funny. Who will this cater to? Houstonian members? The "neighborhood"? Uptown Park is what, a little over half a mile away with a dozen+ restaurants including high-end italian and sushi restaurants. 1 Quote Link to comment Share on other sites More sharing options...
kennyc05 Posted June 6 Share Posted June 6 (edited) 2 minutes ago, AS_ said: and two restaurants on the top two floors (targeting an Italian restaurant and a sushi restaurant) Now that's funny. Who will this cater to? Houstonian members? The "neighborhood"? Uptown Park is what, a little over half a mile away with a dozen+ restaurants including high-end italian and sushi restaurants. But not with a view .! Edited June 6 by kennyc05 3 Quote Link to comment Share on other sites More sharing options...
MidCenturyMoldy Posted June 6 Share Posted June 6 1 hour ago, texan said: Details from the article: 100,000 sf of office across five floors, 125 apartments and a tenant's penthouse suite across eleven floors, and two restaurants on the top two floors (targeting an Italian restaurant and a sushi restaurant. $100 million price tag. 33-story mixed use. 5 floors office space + 11 floors apartments + 2 floors restaurants = 18 floors. So it has 15 floors of parking garage? 😁 2 Quote Link to comment Share on other sites More sharing options...
DotCom Posted June 6 Share Posted June 6 3 minutes ago, MidCenturyMoldy said: 33-story mixed use. 5 floors office space + 11 floors apartments + 2 floors restaurants = 18 floors. So it has 15 floors of parking garage? 😁 5 floors office, 11 floors residential, 1 floor with two restaurants (shared kitchen), 1 amenity floor (below restaurants), lobby = 19 Floors. That would leave 14 floors of parking. At 20K SF per floor plate, that's 280K SF of parking. 1 Quote Link to comment Share on other sites More sharing options...
mollusk Posted June 6 Share Posted June 6 Shared kitchen when they're targeting Italian and sushi? Sure, Houston specializes in collision cuisine (boudin banh mi, anyone?), but still... 🙈🙉🙊 1 Quote Link to comment Share on other sites More sharing options...
j.33 Posted June 6 Share Posted June 6 New Houston high-rise to cater to downsizing companies (chron.com) Chron.com also posted a story about it. Some additional information: "Zieben Group announced plans to start construction of Woodway Tower at 11 Riverway Drive in January 2025. The 617,943-square-foot structure will include five floors of boutique office space and 11 residential floors with 125 apartment units, a tenants' penthouse suite, and two restaurants on the top floor. The building will have a helipad, three outdoor decks with unobstructed views of downtown Houston and Memorial Park, and the back of the building will have a large waterwall, CEO Lee Zieben told Chron. With its floor plates estimated at around 20,000 square feet, Zieben aims to capture smaller companies as tenants or companies that need less space due to remote or hybrid work schedules. Zieben isn't focusing on larger corporate tenants needing upwards of 50,000 square feet or more. The company estimates that the tower construction will cost $100 million with an approximate grand opening slated for summer 2027. The project has already garnered a lot of interest, and is currently soliciting investors and pre-leasing, with CBRE's Lucian Bukowski tapped to handle office leasing, Zieben said. "My driver behind this was that I wanted to build a really cool office building... with really great views... and my favorite food is sushi and Italian," Zieben said, adding that he thinks many people will enjoy the new build." One additional rendering we have not seen yet: 8 Quote Link to comment Share on other sites More sharing options...
asubrt Posted June 6 Share Posted June 6 52 minutes ago, j.33 said: "My driver behind this was that I wanted to build a really cool office building... with really great views... and my favorite food is sushi and Italian" 😂 1 Quote Link to comment Share on other sites More sharing options...
swtsig Posted June 7 Share Posted June 7 Seems like the kinda project that will never get built. 5 Quote Link to comment Share on other sites More sharing options...
Naviguessor Posted June 7 Share Posted June 7 Something about this makes me think the concept is not quite al dente. 2 1 3 1 Quote Link to comment Share on other sites More sharing options...
mollusk Posted June 7 Share Posted June 7 9 minutes ago, Naviguessor said: Something about this makes me think the concept is not quite al dente. Yeah, it does seem a bit raw. 🥷 2 1 1 Quote Link to comment Share on other sites More sharing options...
Naviguessor Posted June 8 Share Posted June 8 16 hours ago, mollusk said: Yeah, it does seem a bit raw. 🥷 Agreed. There’s definitely something fishy going on here. 1 1 1 Quote Link to comment Share on other sites More sharing options...
Highrise Tower Posted June 9 Author Share Posted June 9 Site visit today. Went on top of a neighboring garage. Can't see anything. The vacant land is covered with trees and foliage. And a bayou! Definitely on the banks of Buffalo Bayou. They will have to do serious water design to make this sustainable. 6 Quote Link to comment Share on other sites More sharing options...
mollusk Posted Tuesday at 09:33 PM Share Posted Tuesday at 09:33 PM What could possibly go wrong... Quote Link to comment Share on other sites More sharing options...
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