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Houston19514

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Everything posted by Houston19514

  1. Houston19514
    Per the linked website, Goal Park is only 7 blocks of the Columbia Tap Trail, not the whole thing. So most of the entities you listed are not involved or impacted (it appears almost very few of them would be)
  2. Houston19514
    New Prada location is under construction. New Dior store is open (and beautiful!)
  3. Houston19514
    Certainly not on the scale of Houston's system, but very comparable, relative to the size of their downtown. FWIW, they never had anywhere near the amount of retail and restaurants as Houston's, even adjusting for the relative size of the downtowns and the tunnel systems.
  4. Houston19514
    HAS gives us an update: https://fly2houston.com/newsroom/articles/sights-and-sounds-progress-construction-advances-steadily-iah-terminal
  5. Houston19514
    The city owns the old convention center. Agree with getting sick of the homeless camping and begging every where. We (including the homeless) are being ill-served by our governments.
  6. Houston19514
    This is planned to be rentals, correct? Odd to have a flashy website up and running so far in advance for a rental apartment building - literally years before anyone will be able to rent an apartment. Looks like marketing to potential financiers more than to potential renters.
  7. Houston19514
    Not true for 2021 (but it looks like DFW may have surpassed IAH through September 2022). 2021 International passenger traffic: IAH: 6,612,076 DFW: 6,122,489
  8. Houston19514
    Crane has also said he was working with/talking to the Annunciation church people about using the rest of Block 119.
  9. Houston19514
    Wasn't it the election workers' job to make sure he/she was given the correct ballot?
  10. Houston19514
    Excellent question. (And I hope by "back" you mean the current front, on the freeway side. Add structured parking there and move the front door to the park side and create some open/park/amenity space where the larger surface parking is...)
  11. Houston19514
    It's absolutely a fair comparison. Both are about supply getting ahead of demand, and a turning point in a market. Add in that it appears this company (Wilson Capital) has built nothing remotely like this proposed building... That was office; this is residential. That was the 80s downturn; this is (may be) the 2020s tech downturn/pullback; That would have been the tallest building outside of NYC and Chicago; this "will be" (if it is built) the tallest all residential outside of NYC. FWIW, not counting this new proposal, there is about a 16% increase in supply currently under construction in Austin (6% increase in supply expected to come on line in the second half of this year), coincident with at least some indications of developing softness in the office (and employment) market (see, e.g., Meta's backing out of huge space).
  12. Houston19514
    Wow. What will the rents have to be for a building like that to be economically feasible?
  13. Houston19514
    Progress on construction Terminal D West Pier: Additional levels of parking being added to the top of Terminal C Garage.
  14. Houston19514
    311 those pics.
  15. Houston19514
    May have had at least as much to do with the relative desirability of his opponent in the two races as well.
  16. Houston19514
    From the Chronicle’s website on election night, November 8, 2022: “Harris County The local races we're watching in Harris County. In the county judge race Lina Hidalgo, the political novice who won in a stunning upset four years ago, is seeking a second term. Republicans Vidal Martinez and Alex Mealer, are on the ballot in the Republican primary runoff. The winner will face Hidalgo in the fall.” just when you think they can’t get any worse
  17. Houston19514
    It's hard to take the report of "mothballing" too seriously when they also tell us that the building is 23,500 square feet .. I'm sorry, but anyone who could write that should not be reporting on commercial real estate matters. They also tell us that "It (mothballing) is a fate that has already befallen some of the Bayou City’s other notable office towers" with a link to a story about ONE building that was foreclosed and says nothing about any buildings being mothballed. <SMH> To make matters even worse, they keep throwing out the word "mothball", but there doesn't seem to be any indication from Brookfield that they are "mothballing" is even one of the alternatives they are considering. It seems some kind of repurposing would be considerably more likely. What a sad mish-mash of an article that was.
  18. Houston19514
    Anyone know if they have started work on the residential conversion?
  19. Houston19514
    Yikes. That's a pretty big hit to a market the size of Austin's CBD. As of 2nd quarter 2022, their CBD was at 85.1% occupancy. This would push that number down to about 81.3%. And another 4.35 million under construction. In the first half of 2022, Austin's CBD had total net absorption of 297,486 square feet. As of 2nd Q 2022, they had 2.25 million SF vacant, with another 4.94 Million under construction. Now that Meta has backed out, I can't find that any of that under-construction space is pre-leased (yes, technically, the Meta space is still pre-leased but it's back on the market, probably at a reduced price). At their net absorption rate of the first half of this year, their current vacancies and space under construction gives them about a 12-year supply of office space. For context, the office space under construction in Austin's CBD will add 33% to their existing supply.
  20. Houston19514
    Hmmm... maybe we should line the freeways with self-storage facilities (only half-joking)
  21. Houston19514
    Houston Center blocks.xlsx
  22. Houston19514
    Hmmmm.... is this someone's thesis project for their marketing MBA?
  23. Houston19514
    I.M. Pei? He died about 3 1/2 years ago.
  24. Houston19514
    So, after parking, one is expected to cross traffic in the middle of the street? (and of course again when returning to one's car)?
  25. Houston19514
    It looks like Transwestern has updated their websites and it appears Etta, at least, is out. Etta was said to have leased 6,410 square feet, and the 6,410 square foot Suite 102 (corner of Texas & Travis) is now listed for lease (also shown as available on their retail leasing brochure. Interestingly, the 2,098 square foot pavilion (corner of Texas and Milam) is not listed as being available and is shown on the leasing brochure floor plan as "What If Syndicate" (the owner of Etta and Cafe Sophie). Also, they list the 4,133 square foot Suite 101 (corner of Prairie and Travis) as being available and show it as such on the leasing brochure floor plan. The 5,340 square foot space at the corner of Prairie and Milam is shown as "Berg Hospitality Group" (Benjamin Berg's group) https://i.transwestern.com/5fbed5f0-3445-4680-af8c-d64c1b17a4c1/962b2346-a78e-430d-b35f-94414abf3749.pdf https://transwestern.com/property/texas-tower
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