Boris Posted February 26, 2007 Share Posted February 26, 2007 Moody Planning $80M Energy Corridor ProjectHOUSTON-Following a six-month search for the perfect parcel on the west side, a local developer has acquired 12 acres in the Energy Corridor submarket for a mixed-use project. The estimated all-in development tag is $80 million.Moody National Cos. bought the land at Interstate 10 and Texas 6 from Dallas-based Granite Properties Inc., which had developed the three-story, 50,000-sf Granite Park 10 on adjacent land. The just-acquired acreage will be built out with 175,000 sf of class-A office space, two hotels totaling 228 rooms and a 7,000-sf restaurant.The developer plans to break ground on Moody Park 10 in about six months, beginning with the 127-room Hyatt Place and 101-room Marriott hotel.http://www.globest.com/news/850_850/houston/158322-1.html Link to comment Share on other sites More sharing options...
The Great Hizzy! Posted February 26, 2007 Share Posted February 26, 2007 I'm trying to picture this... is it the NW corner?The stretch of I-10 from about Dairy Ashford to Barker-Cypress is and will be a sea of construction for the next several months--even without work on the Katy Freeway. Link to comment Share on other sites More sharing options...
KinkaidAlum Posted February 27, 2007 Share Posted February 27, 2007 You can tell West Houston is doing well (i.e., the energy business). These two hotels (Hyatt Place and Marriott) will join the two new ones near Memorial City (Westin and Sheraton) as well as the relatively new Marriott Courtyard. Link to comment Share on other sites More sharing options...
Pumapayam Posted February 27, 2007 Share Posted February 27, 2007 You can tell West Houston is doing well (i.e., the energy business). These two hotels (Hyatt Place and Marriott) will join the two new ones near Memorial City (Westin and Sheraton) as well as the relatively new Marriott Courtyard.I will add this to the list of big projects that get slashed in half in funds and in size, a la Houston Pavilions.Bet you one of those hotels "secretly" dies before ground breaking, it's becoming a Houston tradition. Link to comment Share on other sites More sharing options...
TheNiche Posted February 27, 2007 Share Posted February 27, 2007 I'm trying to picture this... is it the NW corner?Yes, behind Sam's Club. Link to comment Share on other sites More sharing options...
lockmat Posted April 28, 2007 Share Posted April 28, 2007 Nothing new on this I guess? Link to comment Share on other sites More sharing options...
Trae Posted April 28, 2007 Share Posted April 28, 2007 Any renderings for this one? Link to comment Share on other sites More sharing options...
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