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Houston19514

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Everything posted by Houston19514

  1. any chance of a source or more information about Devon having recent layoffs? According to Forbes magazine, as of mid-January 2009, Devon had never had a layoff - ever. Seems unlikely anything has changed that dramatically in the intervening 6 months.
  2. Unless they (Brookfield) have a big surprise for us, my best guess is that if 5 Houston Center is going forward soon, it will only be if Devon has signed on.
  3. Don't be getting all full of yourself because I remember past discussions. I just have a very good memory. There's nothing special about you, my friend. ;-) Time will tell, of course, as it always does. But one reason that 2727 MIGHT be an exception to the general suck is that most of its competition did not make it out of the starting gate. There is actually a pretty limited amount of directly competitive product, especially in its neighborhood. And we all know location is everything.
  4. Well, I guess you just have a very negative viewpoint. It's amusing how often our self-proclaimed insiders "call" failures and bloodbaths that just don't seem to materialize. e.g., Metro's red line (by any objective measure, anything but a failure), Houston Pavilions (very premature to be declaring a failure and actually looking pretty good, all things considered), downtown hotels, apartment market, now add 2727 Kirby.
  5. Any chance they have made changes in the procedure in the ____ years since you lived in the area?
  6. Oh, perhaps I misunderstood. I gave you the benefit of the doubt by presuming you were speaking of global economic effects of arena/stadium projects, in which case you would be correct that the effects are negligible, but off-topic. Now, it seems you are saying something quite different, to-wit: that they have negligible effect on the development in their immediate neighborhood. I'm not buying that theory without some supporting evidence. (FWIW, even with this version of your theory, your response rather missed my point; that uber-high-end shoppers would not necessarily choose to be sharing the sidewalks with swarms of hockey/basketball/rock concert attendees.)
  7. Maybe the opening of the Southeast Corridor office?
  8. I never defined Northpark or HPV as catering to the uber-wealthy, now did I? Nor did I even imply it. But they have the stores that do cater to the uber-wealthy, and they have a larger concentration of them than VP ever proposed or imagined having. Plus they are more convenient to most of Dallas' uber-wealthy people, plus they offer FAR more pleasant environs. As for AAC: I see now, you just wanted to post a completely off-topic non-responsive comment as your "response". Okay, whatever. ;-)
  9. You are either wildly inflating the number of apartments under construction or wildly deflating the term "uber-wealthy". There are not thousands of apartments that will be completed in the Uptown/Turtle Creek area of uber-wealth level even approaching what it takes to live in the W, or the income levels that would support the level of retail they were putting in V-Park. But even if that were true, it is not particularly convenient for 90% of them to get to Victory Park. Once they are in their car, why would they not just go to HPV or Northpark for a MUCH better shopping experience? Personally, I don't see much future for retail in V-Park at any level, whether its River Oaks Shopping Center-style or whatever. It's stark, baren, inconvenient to get to, and inconvenient once you are there. As for hockey fans, I agree on the overall economic effect of stadia, but you totally missed the point. I referenced hockey fans as just one of the groups of people who will occasionally be milling about/passing through V-Park on their way to AAC. Not necessarily the type of crowd the uber-wealthy want to be passing through on their way to their favorite uber-expensive boutiques. (Nothing against hockey fans, the same goes for NBA fans, rock concert-goers... just about any event at the AAC.)
  10. I don't think Mosaic ever had anything close to that percentage of contracts on their building(s). The article actually mentioned that "just a few units have fallen out of contract". They've had 8 close and another 52 still under contract. Yes, it remains to be seen how many of those will convert to sales. You seem a little eager to find a bloodbath.
  11. Sarnoff reports today that will be completed within 2 months and that 60 of the 78 condos in the building have been sold. 8 have already closed.
  12. I am with RedScare and NThomas. I don't think there is any future in uber-high-end retail in that Victory Park. There are not and never will be enough uber-high-end residents in the development, and why would shoppers who don't live there want to bypass the Galleria, Northpark, Highland Park Village, etc to shop in a not-particularly-convenient development that has all the charm and ambience of a suburban office park, especially one, which, at certain times will be briefly swarming with hockey fans. ;-)
  13. I think that was for the whole state for June. Don't think we know the local numbers yet.
  14. No, we're actually not very close. Chicago's estimated population as of July 1, 2008 is 2,853,114. Houston's is 2,242,193. The best-case one can spin from the numbers is to use the 2000-2008 growth of the two cities and extrapolate from there. That would mean Houston would gain approximately 38,000 per year on Chicago. That would require approximately 16 more years (2024) before Houston would match Chicago's population. But Chicago in recent years has started to add population. The last two census estimates show small increases. Houston's growth has accelerated, but the net annual gain over Chicago has been reduced to approximately 23,000. At that rate of gain, it will take more than 26 years (2034) to match Chicago.
  15. Yeah, I wonder where the author came up with that little factoid. Sounds nice (and it's nice to see fabrications about Houston that are positive for a change), but Houston is not likely to overtake Chicago's population for a few more years.
  16. Agreed. Frank's is great. Sometimes they have live music. Very cool urban vibe.
  17. That is one of your more nonsensical posts ever. To the extent that the rail replaces cars (and Metro's experience so far is that a large percentage of rail riders have switched from cars), it will indeed be entirely for trips that feature an origination point and a destination point along the same corridor (which of course is one of benefits that a car will always have over rail; the freedom to go anywhere). It is pure silliness to pretend that the use of the rail by people living, let's say in the Castle Court neighborhood, will not reduce traffic along the Richmond corridor. Yes it will reduce traffic elsewhere as well, but the most focused and therefore greatest reduction in traffic produced by the University Line will be on the Richmond corridor.
  18. Remains of a space ship that landed there back in the 50's. From Mars, I think. Surely you've heard about that. ;-)
  19. Woulda been a great candidate for a Darwin award. (But of course you have to die to qualify.)
  20. HP's office component's impact on the overall downtown office market is irrelevant to HP's success or failure as a project. It is WAY too early in HP's life to deem it a failure, especially considering the retail market they happened into.
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