kjb434 Posted October 21, 2005 Share Posted October 21, 2005 (edited) You know, I found out the other day that Lakewood doesn't own the Compaq center. They are leasing it from the city. The original plan was to put Lakewood where the new proposed downtown park is going to be. The city squashed the church's proposal to by the land and bought it.Lakewood entered an agreement with the city for the Compaq Center. So techincally, Lakewood could eventually move out of there. Edited October 21, 2005 by kjb434 Quote Link to comment Share on other sites More sharing options...
TJones Posted October 21, 2005 Share Posted October 21, 2005 Actually, I heard Mr.Olsteen say that the $80 million debt it took to get Compaq, was actually just paid off. I believe Lakewood owns that piece of property. Quote Link to comment Share on other sites More sharing options...
sevfiv Posted October 21, 2005 Share Posted October 21, 2005 according to hcad, the owner name and mailing address is:CITY OF HOUSTONCOMPAQ CENTERPO BOX 1562HOUSTON TX 77251-1562who knows how current/accurate this is though... Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted October 26, 2005 Share Posted October 26, 2005 (edited) The City of Houston still owns the property (the former Compaq Center) and Lakewood has a long-term lease. IIRC, it's something like a thirty-year lease with an option to renew for thirty additional years.KJB, do you have a source for your story about Lakewood trying to build where the downtown park is going to be? I'm highly skeptical. There was a connection between some of that land and the new Lakewood Church, but I think your source may have gotten the story confused.Here's the deal... Lakewood entered into the lease with the city to take over the Compaq Center. Crescent Real Estate objected to the lease. (Crescent owns the surrounding Greenway Plaza development, including, I believe, the parking garages.) Crescent also owned the land in front of the GRB downtown (they had held that land as part of the Houston Center development). The City had been wanting to acquire some of Crescent's land downtown. So as part of a global settlement among Lakewood, Crescent, and the City of Houston, Crescent agreed to allow Lakewood into the Compaq Center, Compaq and Lakewood agreed to terms regarding usage of parking facilities, and Crescent sold some of its downtown land to the City. Edited October 26, 2005 by Houston19514 Quote Link to comment Share on other sites More sharing options...
westguy Posted November 1, 2005 Share Posted November 1, 2005 Yesterday they put up a big logo for Joel Osteen, I think where the Compaq logo used to be. There's no Jesus sign yet, though. Quote Link to comment Share on other sites More sharing options...
MidtownCoog Posted November 1, 2005 Share Posted November 1, 2005 big logoDo you mean a picture of him? Quote Link to comment Share on other sites More sharing options...
westguy Posted November 1, 2005 Share Posted November 1, 2005 No, its the one in the top corner of this page. Quote Link to comment Share on other sites More sharing options...
MidtownCoog Posted November 1, 2005 Share Posted November 1, 2005 That's OK I suppose. I thought you meant something like Saparmyrat Atayevich Niyazov. Quote Link to comment Share on other sites More sharing options...
kjb434 Posted November 1, 2005 Share Posted November 1, 2005 Yeah,the logo is kind of neat. Maybe I should make one with a K Quote Link to comment Share on other sites More sharing options...
MidtownCoog Posted November 1, 2005 Share Posted November 1, 2005 or a dollar sign $$ Quote Link to comment Share on other sites More sharing options...
Vertigo58 Posted January 18, 2007 Share Posted January 18, 2007 Yikes! So Lakewood opened this Saturday and what a total traffic mess it has become. Its like having a Rockets Playoff game every weekend. 59 between Kirby and Wesleyan was totally blocked. I kinda forgot how traffic was with the Summit. Now its back. I bet all the restaurants are going to love it though.It makes me laugh to think that we atttended (too many to mention) rock concerts when the Summit was new. I am not a fan of Lakewood for certain obvious reasons but I find it hard to see someone preaching from a stage that once had so many Heavy Metal/hard core bands playing on at one time. Boggles the mind. Black Sabbath one day then this? Hilarious! I am sure most long time Houstonians agree. Like a recent article stated just glad Mr Osteen has finally removed that wretched mullet.The good part is hopefully the local eateries will benefit but I will steer clear from that gridlock traffic everyone mentioned. Quote Link to comment Share on other sites More sharing options...
houstonmacbro Posted December 8, 2007 Share Posted December 8, 2007 Actually, I heard Mr.Olsteen say that the $80 million debt it took to get Compaq, was actually just paid off. I believe Lakewood owns that piece of property.I'd heard $100M ... but what's $20M between willing and tithing sheep. Quote Link to comment Share on other sites More sharing options...
sevfiv Posted March 22, 2010 Share Posted March 22, 2010 On Wednesday, Houston City Council will vote on whether to sell the former Compaq Center to its current tenant: Lakewood Church.The megachurch would pay the city $7.5 million for the property and be out of a 30-year lease signed in 2001.http://blogs.chron.com/primeproperty/2010/03/lakewoods_home_poised_to_becom.html Quote Link to comment Share on other sites More sharing options...
Fringe Posted March 23, 2010 Share Posted March 23, 2010 I thought the Godatorium already bought the Compaq Center? Quote Link to comment Share on other sites More sharing options...
Hanuman Posted March 23, 2010 Share Posted March 23, 2010 I thought the Godatorium already bought the Compaq Center? I guess business is good in churchland. Sounds like a heck of a deal at $7.5M. Quote Link to comment Share on other sites More sharing options...
livincinco Posted March 23, 2010 Share Posted March 23, 2010 I guess business is good in churchland. Sounds like a heck of a deal at $7.5M. Tough to negotiate with a church. Never sure what else is in the deal. Quote Link to comment Share on other sites More sharing options...
crunchtastic Posted March 23, 2010 Share Posted March 23, 2010 I rather like the idea they bought it. All the Jesus in the world won't change the fact that thousands of people smokeddope in their pulpit, peed in their sinks and had coked-up sex in their bathroom stalls. Vaya con dios, Summmit. 4 Quote Link to comment Share on other sites More sharing options...
Fringe Posted March 23, 2010 Share Posted March 23, 2010 I rather like the idea they bought it. All the Jesus in the world won't change the fact that thousands of people smoked dope in their pulpit, peed in their sinks and had coked-up sex in their bathroom stalls. Vaya con dios, Summmit. I represent that remark!  I think I saw Jesus at one of the concerts I attended.  To me the Summit was one of the best concert venues in town. (Even if the bathrooms were overcrowded). I hated to see the city part with it. Quote Link to comment Share on other sites More sharing options...
Gary Posted March 23, 2010 Share Posted March 23, 2010 How did I know that there would be nothing but sarcasm before I opened this thread? One of the reasons that HAIF is dying is because of responses like those above. I'm sure I'll get a "lighten up" from someone, but these kind of comments are really offensive. Quote Link to comment Share on other sites More sharing options...
AtticaFlinch Posted March 23, 2010 Share Posted March 23, 2010 (edited) How did I know that there would be nothing but sarcasm before I opened this thread? One of the reasons that HAIF is dying is because of responses like those above. I'm sure I'll get a "lighten up" from someone, but these kind of comments are really offensive.Lighten up.I hate to disappoint you. Edit: And for what it's worth, when I was a kid I saw some Christian concerts there too. It was Carmen and Stryper if I'm not mistaken. Edited March 23, 2010 by AtticaFlinch Quote Link to comment Share on other sites More sharing options...
Gary Posted March 23, 2010 Share Posted March 23, 2010 (edited) Lighten up.I hate to disappoint you. Edit: And for what it's worth, when I was a kid I saw some Christian concerts there too. It was Carmen and Stryper if I'm not mistaken.How could you dissapoint? Aside from a certain other member, your the poster child of religious offense here.Edit: Still can't see my posts when replying. Edited March 23, 2010 by Gary Quote Link to comment Share on other sites More sharing options...
kylejack Posted March 23, 2010 Share Posted March 23, 2010 How did I know that there would be nothing but sarcasm before I opened this thread? One of the reasons that HAIF is dying is because of responses like those above. I'm sure I'll get a "lighten up" from someone, but these kind of comments are really offensive.I'll reserve the right to offend and you reserve the right to be offended. We'll make a hell of a team. Quote Link to comment Share on other sites More sharing options...
Fringe Posted March 23, 2010 Share Posted March 23, 2010 I'm offended that your offended. Quote Link to comment Share on other sites More sharing options...
sevfiv Posted March 23, 2010 Share Posted March 23, 2010 Guys, come on And Gary - that is weird about your replies still being...weird. Could you send over a screen shot maybe? Quote Link to comment Share on other sites More sharing options...
west20th Posted March 23, 2010 Share Posted March 23, 2010 How did I know that there would be nothing but sarcasm before I opened this thread? One of the reasons that HAIF is dying is because of responses like those above. I'm sure I'll get a "lighten up" from someone, but these kind of comments are really offensive.Do you really think sarcasm directed toward a con-artist like Joel Osteen is an insult to religion in general? Joel Osteen and those of his ilk is what should offend you. 2 Quote Link to comment Share on other sites More sharing options...
AtticaFlinch Posted March 23, 2010 Share Posted March 23, 2010 How could you dissapoint? Aside from a certain other member, your the poster child of religious offense here.Really? I think you're confusing religion and politics.That tends to happen with Republicans. Zing! Quote Link to comment Share on other sites More sharing options...
ricco67 Posted March 23, 2010 Share Posted March 23, 2010 Do you really think sarcasm directed toward a con-artist like Joel Osteen is an insult to religion in general? Joel Osteen and those of his ilk is what should offend you.I don't particularly care for Joel Olsteen overall, but I don't think he's an affront to religion as you say he is and I'm not a fan of Megachurches overall. Quote Link to comment Share on other sites More sharing options...
livincinco Posted March 23, 2010 Share Posted March 23, 2010 I don't particularly care for Joel Olsteen overall, but I don't think he's an affront to religion as you say he is and I'm not a fan of Megachurches overall.I'm not a big fan of mega churches either, but the building looks a whole lot better than an empty parking lot would. Since most arenas that are replaced end up getting torn down, I think that this is a pretty good deal for everyone. Quote Link to comment Share on other sites More sharing options...
ricco67 Posted March 23, 2010 Share Posted March 23, 2010 I'm not a big fan of mega churches either, but the building looks a whole lot better than an empty parking lot would. Since most arenas that are replaced end up getting torn down, I think that this is a pretty good deal for everyone.Besides, there is a good chance that they will move again in about 10 yrs or so as the congregation grows. Quote Link to comment Share on other sites More sharing options...
west20th Posted March 23, 2010 Share Posted March 23, 2010 I'm not a big fan of mega churches either, but the building looks a whole lot better than an empty parking lot would. Since most arenas that are replaced end up getting torn down, I think that this is a pretty good deal for everyone.A good deal would have been Lakewood paying market value for the property. Didn't HISD get 38Mil for a smaller parcel of land nearby? A parcel that is now generating property taxes for the city? 1 Quote Link to comment Share on other sites More sharing options...
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