Houston19514

Do you mean the article you linked and with reference to which you alluded to the DMN's unreliability? Yea, I read that article. I'll remind you again that Steve Brown told us construction started on the Hall Arts Residences and Hotel about 3 1/2 months, which was clearly not true. This Windrose article, which, yes, I did actually read, includes at least three pieces of information that are highly questionable, to say the least. There's no reason to lend credence to his statement that construction started. So, yes, I did actually read the article. Anyone who has followed Steve Brown's "reporting" knows that does not answer the question. I was hoping you or someone might have some actual knowledge. Did they actually start construction, or not? And on the same note. Any updates on the LVL 29 construction?

Hotel Alessandra is booking rooms starting October 6 (8 months and 1 day after Super Bowl LI)

Correct. 24 stories, 304 apartments. Currently listed with a 2nd Quarter 2018 construction start. We can hope...

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Their websIte also has a different square footage range. The DMN's pricing starting at $1 Million seems unlikely as well. Did Steve get anything rigit on this one? Did they actually start construction?

As of 2nd quarter, 2017, downtown residential has a 63.2% occupancy rate (up from 58.5% in the 1st quarter). Net absorption was 267 units were absorbed, while 242 new units were delivered. Net absorption for the year to date was 546 units. Downtown is maintaining a good steady pace of absorption. (Assuming 1.4 people per occupied apartment, downtown is adding a little more than 125 people per month.) The metro-wide occupancy rate is 88.9% The "Central Houston" market (downtown, Montrose/Museum/Midtown, Heights/Wash Ave., HIghland Village/Upper Kirby/West U, and Med Center/Braes Bayou) had an 81% occupancy rate (up from 78.3% in the first quarter. 1,563 new units delivered during the quarter, with 1,676 units net absorption. Net absorption year to date: 2,923. Using the same apartment residency assumption as above, Central Houston is adding about 682 people per month, just in rental residential.

Why not?

I don't think the garage actually extends under the lake.

I doubt 8 foot ceilings would keep it from becoming a luxury hotel. See, for example the renovation of the Statler Hilton in Dallas.

A lot. I was in the pool last one day recently and meet a half dozen or so groups of people. Every group we met were from Houston suburbs.

I would think the latter.

Revitalizing the waterway east of downtown from US 59 to the Port of Houston Turning Basin HOUSTON - July 27, 2017 - Houston’s Buffalo Bayou Partnership (BBP) is launching a major planning effort along Buffalo Bayou’s East Sector that will continue the non-profit organization’s legacy of transformative parks, trails and open space. In revitalizing the waterway east of downtown (from US 59 to the Port of Houston Turning Basin), BBP seeks to establish a pioneering precedent where green space can be a catalyst for inclusive growth and community development. “At its heart, Buffalo Bayou Partnership is about creating parks, trails and bridges to bring Houstonians outdoors,” says Tom Fish, BBP Board Chair. “Here in the East Sector, we have an opportunity to bring together communities north and south of Buffalo Bayou that have long been disconnected from the waterfront and each other.” Buffalo Bayou Partnership has assembled a high caliber group of consultants to develop this very important master plan for Houston and its East Sector neighborhoods. Working with BBP on this important planning initiative will be a multi-disciplinary consultant team led by Michael Van Valkenburg Associates (MVVA), an internationally recognized landscape architecture firm, and HR&A Advisors, an industry-leading real estate, economic development and public policy firm. Other consultants include: Huitt-Zollars/formerly Houston’s Morris Architects (Architecture & Civil Engineering), Utile(Urban Planning & Design), Greenberg Consultants (Urban Design), Nelson/Nygaard (Transportation), and LimnoTech (Hydrology). MVVA brings to Houston wide-ranging experience and a proven track record of success in creating acclaimed and economically viable parks and waterfronts such as Brooklyn Bridge Park and Hudson River Park in New York City, and Maggie Daly Park and the 606 in Chicago. The consultants also are very familiar with Houston as they have recently completed plans for Hermann Park, The Menil and the “Beyond the Bayous” plan for the Houston Parks Board. For more than 35 years, HR&A has been working with parks throughout the US and abroad to develop open space real estate strategies, financing plans, programming activation, and sustainable operations and maintenance programs. The High Line and Brooklyn Bridge Park in New York City, Tulsa Riverfront and Dallas Trinity River are among more than 100 parks that have benefited from HR&A’s talent. “While we want to build off our past projects such as Buffalo Bayou Park, Sabine Promenade and Allen’s Landing, we realize that we are dealing with an entirely different context,” says Anne Olson, BBP President. “We not only want to reinvigorate the waterfront but bring equitable revitalization opportunities to the East Sector neighborhoods.” Olson points out that the Second Ward has been designated one of Mayor Sylvester Turner’s “Complete Communities.”

You are right that about 1/2 of oil production becomes gasoline. Plus the oil & gas industry also produces natural gas. I think gasoline comprises something closer to 1/4 of the total oil & gas industry production.

Yeah. I read everything you quoted. Doesn't answer my question. Among the many other Steve Brown exaggerations, We were also told that work was beginning on the Hall Arts Residences and hotel 3+ months ago. How's that coming along? I thought someone might have some knowledge of the project beyond what appears in the DMN.

Is this a Steve Brown "construction kick- off" or is work actually starting?

On Houston First Corporation's July 20 Board of Directors agenda: Consideration and possible approval of a lease for KHOU Downtown Avenida Digital Studio located at the George R. Brown Convention Center.

^ Renderings were posted by Urbannizer almost 4 years ago.

http://www.houstonarchitecture.com/haif/topic/4889-westcreek-mixed-use-san-felipe610/?do=findComment&comment=437516 Judging by the background, this appears more likely to be in/near River Oaks District/West Creek than Uptown Park Seems odd that the linked website caption says W Hotel when the rendering says "Hotel Epsilon"; maybe that's just a ruse. Urbannizer posted these same renderings almost 4 year ago.

That's the Glassell camera slcowart416n referred to. I've never seen it aimed at the Kinder Building; anyone know if they ever aim it up there?

Yeah, why can't Houston chefs like Ryan Hildebrand, Mike Tran, Kent Dormas, David Colby, Justin Yu bring new concepts to the Heights?

Those two rankings are measuring different things. The ranking referenced in the TMC website is apparently based on the acreage of the district. The Uptown Houston rankings are based on office space square footage.

400 S. Record redevelopment

I think that is kinda sorta correct. The San Jacinto extension to Fulton has been delayed because of cost. A combination of the cost of meeting the UPRR's requirements and obtaining the right of way between the UPRR and the current I-10. That lack of connectivity helped to push along the reconfiguration of Main and Burnett so that Hardy Yards and the Burnett Transit Center were accessible. It remains on the city's plans (and the relocation of I-10/I-45 through that area may actually make it easier as it might take care of the right-of-way acquisition costs...

Yes, Dallas has had much more office construction in their Uptown submarket. But a couple things: (1) There has been some construction (3 multi-tenant buildings I can think of) in the traditional downtown in spite of 25% plus vacancy rates, and (2) if you combine the traditional downtown with Uptown (as Dallas likes to do when it tells the right story for them), the combined market is north of 20% vacancy and has been for 30+ years. I too doubt we'll see a procession of buildings going up with only a fraction of space leased in each and no one suggested such. The One Market Square tower seems to be developing in much the same manner as the Skanska development, so that "unique" situation could be playing out again.

There is no reason to think the Fulton extension has been nixed. It is still in the City's plans. The proposed new layout of San Jacinto shown in the I45 project EIS actually makes it a good deal easier to connect with Fulton.