Popular Post Nate99 Posted August 24, 2015 Popular Post Share Posted August 24, 2015 12 Quote Link to comment Share on other sites More sharing options...
monarch Posted August 24, 2015 Share Posted August 24, 2015 ^^^ very nice illustration! Quote Link to comment Share on other sites More sharing options...
j_cuevas713 Posted August 24, 2015 Share Posted August 24, 2015 ^^^ obviously very bright outside j_cuevas713.  however you illustrations are quite prominent.  thank U!My apologies, I had my exposure set high on my phone. Quote Link to comment Share on other sites More sharing options...
Popular Post rechlin Posted August 27, 2015 Popular Post Share Posted August 27, 2015 Photo from last night. Lobby glass going up: 15 Quote Link to comment Share on other sites More sharing options...
monarch Posted August 27, 2015 Share Posted August 27, 2015 ^^^ very nice illustration rechlin.... Quote Link to comment Share on other sites More sharing options...
Popular Post Nate99 Posted August 28, 2015 Popular Post Share Posted August 28, 2015 15 Quote Link to comment Share on other sites More sharing options...
Popular Post fkp5 Posted August 28, 2015 Popular Post Share Posted August 28, 2015 11 Quote Link to comment Share on other sites More sharing options...
Popular Post Triton Posted August 30, 2015 Popular Post Share Posted August 30, 2015 (edited) 609 Main by Marc longoria, on Flickr  609 Main by Marc longoria, on Flickr Edited August 30, 2015 by Triton 13 Quote Link to comment Share on other sites More sharing options...
Popular Post brijonmang Posted August 30, 2015 Popular Post Share Posted August 30, 2015 Triton, I think you and I had the same idea last evening...  I might have been out a little later than you though.  Anyway, I have more shots from yesterday I'll upload later but I have to run out the door this morning.  In the meantime, here's a shot of 609 with the little inset on the front side of  the building partially lit up.  Should look cool going all the way up!  609Main by Bryan Malloch, on Flickr 18 Quote Link to comment Share on other sites More sharing options...
monarch Posted August 30, 2015 Share Posted August 30, 2015 ^^^ this is a totally cool illustration brijonmang. Â wow! Â i am loving this.... 1 Quote Link to comment Share on other sites More sharing options...
Popular Post brijonmang Posted August 30, 2015 Popular Post Share Posted August 30, 2015 Here are a couple other shots from last night.  One showing the progress on the garage portion and the other showing the extent of the glass on the south side of the tower.  609 Main Garage by Bryan Malloch, on Flickr  609 Main Glass by Bryan Malloch, on Flickr 14 Quote Link to comment Share on other sites More sharing options...
bobruss Posted August 30, 2015 Share Posted August 30, 2015 All of your new images are very nice. The Pennzoil shot was really nice on the Skanksa thread. 1 Quote Link to comment Share on other sites More sharing options...
brijonmang Posted August 30, 2015 Share Posted August 30, 2015 All of your new images are very nice. The Pennzoil shot was really nice on the Skanksa thread. Thank you very much, sir!  I really do appreciate that. Quote Link to comment Share on other sites More sharing options...
Popular Post Montrose1100 Posted September 3, 2015 Popular Post Share Posted September 3, 2015 Pretty bad quality photo but you can see it's starting to become visible. 10 Quote Link to comment Share on other sites More sharing options...
Popular Post adr Posted September 4, 2015 Popular Post Share Posted September 4, 2015 Hey beautiful. Â Good morning. Â 14 Quote Link to comment Share on other sites More sharing options...
brijonmang Posted September 4, 2015 Share Posted September 4, 2015 Haven't seen any mentions of it, but did the green building on the corner that was renovated (500 Milam) ever find a tenant? Quote Link to comment Share on other sites More sharing options...
Chi-Char-Hou-Dal Posted September 4, 2015 Share Posted September 4, 2015 Offices or hotel? I can't remember right now but it's been announced. Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted September 4, 2015 Share Posted September 4, 2015 Haven't seen any mentions of it, but did the green building on the corner that was renovated (500 Milam) ever find a tenant? Yes and no.  The people who re-did it did not find tenants.  But they did sell it.  It was purchased by the Episcopal Health Foundation.  They plan to move their offices into the upper floors (may have already moved in). The first floor and mezzanine have been leased to Christ Church Cathedral. It will house the Hines Center for Spirituality and Prayer. 3 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted September 6, 2015 Share Posted September 6, 2015 This one's becoming visible from I-45 N coming into downtown. 3 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted September 10, 2015 Share Posted September 10, 2015 Downtown Houston by Norman Gates, on Flickr 9 Quote Link to comment Share on other sites More sharing options...
H-Town Man Posted September 10, 2015 Share Posted September 10, 2015 Yes and no.  The people who re-did it did not find tenants.  But they did sell it.  It was purchased by the Episcopal Health Foundation.  They plan to move their offices into the upper floors (may have already moved in). The first floor and mezzanine have been leased to Christ Church Cathedral. It will house the Hines Center for Spirituality and Prayer. I have nothing against prayer (in fact I'm all for it), but if ground floor space is being leased to a prayer center, either that is one lucrative prayer center or one weak leasing market. Probably the latter. 1 Quote Link to comment Share on other sites More sharing options...
Tumbleweed_Tx Posted September 10, 2015 Share Posted September 10, 2015 Tax deduction. 1 Quote Link to comment Share on other sites More sharing options...
mollusk Posted September 11, 2015 Share Posted September 11, 2015 I have nothing against prayer (in fact I'm all for it), but if ground floor space is being leased to a prayer center, either that is one lucrative prayer center or one weak leasing market. Probably the latter. Well, Christ Church is right across the street... Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted September 11, 2015 Share Posted September 11, 2015 Well, Christ Church is right across the street... Yeah, and they have a little bit of an "in" with the landlord. Quote Link to comment Share on other sites More sharing options...
Popular Post fkp5 Posted September 11, 2015 Popular Post Share Posted September 11, 2015 12 Quote Link to comment Share on other sites More sharing options...
monarch Posted September 12, 2015 Share Posted September 12, 2015 ^^^ we have stated it once, we have stated it a thousand times, this is going to be one GORGEOUS tower! Quote Link to comment Share on other sites More sharing options...
H-Town Man Posted September 12, 2015 Share Posted September 12, 2015 (edited) Well, Christ Church is right across the street... That doesn't really affect the economics of ground floor retail space. For a normal retail rent, the tenant needs a certain amount of revenue from retail sales in order to provide a reasonable profit after subtracting rent, operating expenses, overhead. Prayer obviously doesn't bring in any money (at least not directly), so for ground floor retail space to be used as a prayer center, the rent must be much lower than the rent you can get from, say, a sub shop or café or pizzeria. The church I suppose has some motivation to pay for a space close to their campus, but typically I think you'd put your prayer center in an upper floor where rent is cheaper and there is more solitude anyway. (Aside: isn't the "prayer center" traditionally the church itself?) This seems like it was just there for the taking at a bargain basement rate, sort of like the Good Will center or City Annex offices where there used to be a grocery store at your local shopping center. tl;dr - Institutional users in retail spaces does not indicate a healthy retail market. Hopefully when downtown's population doubles in a few years we stop seeing this. Edited September 12, 2015 by H-Town Man Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted September 14, 2015 Share Posted September 14, 2015 That doesn't really affect the economics of ground floor retail space. For a normal retail rent, the tenant needs a certain amount of revenue from retail sales in order to provide a reasonable profit after subtracting rent, operating expenses, overhead. Prayer obviously doesn't bring in any money (at least not directly), so for ground floor retail space to be used as a prayer center, the rent must be much lower than the rent you can get from, say, a sub shop or café or pizzeria. The church I suppose has some motivation to pay for a space close to their campus, but typically I think you'd put your prayer center in an upper floor where rent is cheaper and there is more solitude anyway. (Aside: isn't the "prayer center" traditionally the church itself?) This seems like it was just there for the taking at a bargain basement rate, sort of like the Good Will center or City Annex offices where there used to be a grocery store at your local shopping center. tl;dr - Institutional users in retail spaces does not indicate a healthy retail market. Hopefully when downtown's population doubles in a few years we stop seeing this. It is hardly news to anyone that the downtown street level retail market is not particularly strong.  Having said that, this particular transaction tells us literally nothing about the "market." The landlord is a nonprofit foundation. The tenant is a closely-related nonprofit entity. And, FWIW, the church indeed wanted street-level, street-front space for this facility. They very specifically did not want it hidden away in the upper levels of the large church complex. They want a very visible outreach to and engagement with the downtown community, especially the thousands of new residents coming soon. Quote Link to comment Share on other sites More sharing options...
Popular Post brijonmang Posted September 16, 2015 Popular Post Share Posted September 16, 2015 (edited) Bad picture of glass going up at street level:   Updated with more photos: 609 Main from Afar by Bryan Malloch, on Flickr  Downtown Houston by Bryan Malloch, on Flickr  609 Main and Esperson Buildings by Bryan Malloch, on Flickr Edited September 16, 2015 by brijonmang 17 Quote Link to comment Share on other sites More sharing options...
monarch Posted September 16, 2015 Share Posted September 16, 2015 our little princess, is fast becoming a queen wonderful illustrations brijonmang.... 2 Quote Link to comment Share on other sites More sharing options...
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