Jump to content

Development List For Buildings In Houston


houstonsemipro

Recommended Posts

Just to put it into perspective.

 

Downtown is currently at 3,024 housing units including the recently completed Skyhouse.

 

Per the Development Map:

Year-end 2015: 3,747 units

Year-end 2016: 5,020 units

Year-end 2017: 7,041 units (most of the units come online in first half of 2017)

 

Over the next 20 months, 4,017 new units come online, an increase of 133% from current. This wave of construction will bring 4,353 new units total (including the already completed Skyhouse), a 162% increase.

 

...and the majority of those units will be occupied rentals, rather than simply investment condos--a significant distinction for the health of Downtown as a residential neighborhood at it's current growth stage. 

  • Like 3
Link to comment
Share on other sites

Think we all know this already but guess I'll post this anyway...

 

 

Sorry, Houston. Construction has peaked
 

The forecast is shaky for commercial real estate for the next year at least, said Patrick Jankowski, senior vice president of research for the Greater Houston Partnership, at a meeting for the Society of Industrial and Office Realtors held Sept. 15.

Jankowski pointed to the continued turmoil in oil prices and the amount of sublease space on the market as reasons behind the slowdown in commercial real estate.

 

"If sublease reaches 10 million square feet by the first quarter of 2016, which CBRE analysts are saying might happen, that would take about two years to absorb that amount. That's a real concern," Jankowski said.

 

The Houston area is still slated to add about 20,000 jobs this year, but the city has not yet made it to positive job growth for the year.

Jankowski also showed city data marking a drop in the value of building permits and said that construction has peaked for the cycle, particularly for office and retail construction, which have seen considerable drop in construction underway since the second quarter of last year. More multifamily and industrial construction is underwaynow than at this time last year, but Jankowski said he doesn't think those numbers will continue to stay that high in coming quarters.

"It's going to be a challenge to lease office space over the next 12 to 18 months," Jankowski said. "The long-term outlook is fine, we just need to get through this challenge ahead."

http://www.bizjournals.com/houston/blog/breaking-ground/2015/09/sorry-houston-construction-has-peaked-ghp-says.html

Edited by Triton
  • Like 2
Link to comment
Share on other sites

 I took this one in 2001 on the counter jib of that tower crane in your pic.

 

roH5vBi.jpg

For those of us who rarely drive over the 610 ship channel bridge, a skyline update.. (Please forgive the cellphone digital zoom quality)
I wonder if we can find old pictures from this angle and compare/overlay them?

1334935B-401D-4062-8203-4E56EC61E292_zps

 

  • Like 7
Link to comment
Share on other sites

http://www.bizjournals.com/houston/morning_call/2015/10/hines-poised-to-become-a-major-mixed-use-player-in.html

 

With this mix of office, residential, multifamily and retail capabilities and experience, Hines is poised to become a major mixed-use player in Houston. The company isn’t ready to share any details about future projects, but told the Houston Business Journal to stay tuned.
  • Like 5
Link to comment
Share on other sites

 

Sounds like something in the inner-loop. (Sorry for weird format).

 

Hines isn’t looking to build mixed-use projects for the sake of building mixed-use projects, Batchelor said. The developer will look at all the possible uses for a piece of land and if the opportunity presents itself, Hines will develop a “connected mix of uses” for the site, he said.

 

Hines also plans to focus on building mixed-use projects in existing neighborhoods instead of creating walkable, urban environments from scratch. These neighborhoods should ideally be walkable to restaurants, shops, nightlife, grocery stores and public transit, officials said.

“It’s hard to create that urban environment and that sense of community in a suburban setting,” said Kenton McKeehan, Hines’ managing director overseeing retail.

 

Edited by Triton
Link to comment
Share on other sites

I would love Hines to develop Northwest Mall it a great location and it a pretty big space for development.

 

But I would not be surprised if Hines is developing in montrose I remember hearing they want to do a project in that area.

 

 

  • Like 1
Link to comment
Share on other sites

 

 

These neighborhoods should ideally be walkable to restaurants, shops, nightlife, grocery stores and public transit, officials said.

Almost sounds like they are talking about Midtown. Perhaps somewhere near Wheeler station?

Link to comment
Share on other sites

I believe that Hines is going to create a mixed use development with the Menil on one of the sites between Richmond Hall and

Mandell and Richmond and West Main. Theres already talk of a mid rise across from Imprint on West Main.

It would be a great location and hopefullly on the University Line someday.

  • Like 1
Link to comment
Share on other sites

  • 1 month later...
  • 2 weeks later...

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
×
  • Create New...