largeTEXAS Posted July 27, 2005 Share Posted July 27, 2005 Colorado Group Plans $80M Mixed-Use, Infill Project By Jennifer D. Duell Last updated: July 19, 2005 08:23am HOUSTON-Within three years, a mixed-use project is expected to rise on Block 98, a piece of vacant land adjacent to the new city park and the George R. Brown Convention Center. Two companies from Colorado Springs, LandCo Properties LLC and Equity Edge LLC, have formed a partnership to transform the 1.5-acre tract into two residential high-rises with ground-floor retail space. Block 98 is bordered by Rusk, Crawford, Walker and LaBranch streets near Toyota Center. Each tower will contain 150 units that will be priced "for the young, single professional," says Michael Raider, LandCo's COO. He tells GlobeSt.com that construction will begin in about three years. "That's when the market will be ready," he says, explaining one tower will have rental housing and the other will be condos. "I am not sure that we'll break ground on both towers at the same time." Raider, a Houston native, was eyeing Block 98 about a year before he closed the deal with Crescent Real Estate Equities Co. for $6.5 million. "We see Houston as Denver about seven years ago with the new light rail, entertainment and park creation. Denver is just a huge residential market right now," he says, "and we think Houston is following right behind it." Raider's not yet selected the project architect, but says he's hoping to use a local firm. The partnership, Block 98 Partners Ltd., obtained a $4.9-million loan from Southern National Bank of Texas to acquire the land. Tucker Knight, a director with Holliday Fenoglio Fowler LP's local office, arranged a three-year bridge loan with an adjustable interest rate. The Block 98 development will be the second project that LandCo has tackled in Houston's CBD. The company recently acquired the former Days Inn Hotel at 801 St. Joseph Parkway for redevelopment into 251 luxury apartments and retail space. Construction is scheduled to begin in early 2006, with units delivering in early 2007. 1 Quote Link to comment Share on other sites More sharing options...
YakuzaIce Posted July 27, 2005 Share Posted July 27, 2005 Is it the same as this?http://www.houstonarchitecture.info/haif/i...=2695&hl=landcoOr is it a different project? 1 Quote Link to comment Share on other sites More sharing options...
kjb434 Posted July 28, 2005 Share Posted July 28, 2005 Old news. It's the same project. This is a duplicate thread. 1 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted November 30, 2013 Share Posted November 30, 2013 (edited) More good news for downtown? Same block as the Hess parking garage. Ziegler Cooper is the architect, sorry for the rough image quality. Page 44 http://www.humphreys.com/wp-content/uploads/2013/09/MFEC_FutureDesigns_FINAL.pdf Edited November 30, 2013 by Urbannizer 7 Quote Link to comment Share on other sites More sharing options...
LTAWACS Posted November 30, 2013 Share Posted November 30, 2013 Nice. I didn't know there was any more room on that block. The building looks sleek. 2 Quote Link to comment Share on other sites More sharing options...
lockmat Posted November 30, 2013 Share Posted November 30, 2013 Yeah, baby! Much happier knowing a single story retail won't be going in there. 2 Quote Link to comment Share on other sites More sharing options...
Houston? Posted November 30, 2013 Share Posted November 30, 2013 How likely will this get built? 4 Quote Link to comment Share on other sites More sharing options...
Howard Huge Posted November 30, 2013 Share Posted November 30, 2013 Looks like one of those "this is what could potentially go here", pie in the sky, over the top renderings that never get off the drawing board. I hope to god I'm wrong though. 1 Quote Link to comment Share on other sites More sharing options...
Gary Posted November 30, 2013 Share Posted November 30, 2013 Am I missing something here? The above rendering is the same as in the "Gables Post Oak" thread. 1 Quote Link to comment Share on other sites More sharing options...
swtsig Posted November 30, 2013 Share Posted November 30, 2013 Looks like one of those "this is what could potentially go here", pie in the sky, over the top renderings that never get off the drawing board. I hope to god I'm wrong though. I'd love to hear your reasoning as to how this resembles a "pie in the sky, over the top rendering". 1 Quote Link to comment Share on other sites More sharing options...
lockmat Posted November 30, 2013 Share Posted November 30, 2013 I'd love to hear your reasoning as to how this resembles a "pie in the sky, over the top rendering".it looks pretty finalized to me. looks very similar to Hines downtown tower. 2 Quote Link to comment Share on other sites More sharing options...
bachanon Posted November 30, 2013 Share Posted November 30, 2013 as this rendering is from a presentation for a multi-family development conference in las vegas, what evidence to we have that it represents an actual project with legs? has it been announced elsewhere? 1 Quote Link to comment Share on other sites More sharing options...
lockmat Posted November 30, 2013 Share Posted November 30, 2013 There are multiple other renderings in the presentation from Houston that are for real. That's a start 2 Quote Link to comment Share on other sites More sharing options...
Gary Posted December 1, 2013 Share Posted December 1, 2013 So they have the same page of renderings for this project and Gables? Again, same rendering as in the Gables thread. 1 Quote Link to comment Share on other sites More sharing options...
LTAWACS Posted December 1, 2013 Share Posted December 1, 2013 So they have the same page of renderings for this project and Gables? Again, same rendering as in the Gables thread.I believe the renderings are from a presentation of sorts... containing several projects. 3 Quote Link to comment Share on other sites More sharing options...
bachanon Posted December 1, 2013 Share Posted December 1, 2013 I believe the renderings are from a presentation of sorts... containing several projects. ......a "multi-family residential" conference in las vegas. go to the link http://www.humphreys.com/wp-content/uploads/2013/09/MFEC_FutureDesigns_FINAL.pdf 1 Quote Link to comment Share on other sites More sharing options...
cloud713 Posted December 1, 2013 Share Posted December 1, 2013 i count 33 stories on this 2 Quote Link to comment Share on other sites More sharing options...
lockmat Posted December 1, 2013 Share Posted December 1, 2013 Strange how it will have a skywalk to the new hotel. It also looks like there is a large opening on the right side, I'm guessing for the garage. 1 Quote Link to comment Share on other sites More sharing options...
H-Town Man Posted December 1, 2013 Share Posted December 1, 2013 Skybridge. 1 Quote Link to comment Share on other sites More sharing options...
Naviguessor Posted December 1, 2013 Share Posted December 1, 2013 We all know how each of us feel about skyridges. Let's leave it at that. 3 Quote Link to comment Share on other sites More sharing options...
LTAWACS Posted December 2, 2013 Share Posted December 2, 2013 We all know how each of us feel about skyridges. Let's leave it at that.What do you mean? 1 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted December 2, 2013 Share Posted December 2, 2013 What do you mean?http://www.houstonarchitecture.com/haif/topic/28878-eado-station-apartments/?p=436138 2 Quote Link to comment Share on other sites More sharing options...
Nate99 Posted December 3, 2013 Share Posted December 3, 2013 (edited) Is this only taking up the part of that block that is not occupied by the garage? That would be fairly skinny, but I guess the floors would be wide enough for units on each side with a hallway in the middle. Edited December 3, 2013 by Nate99 1 Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted December 3, 2013 Share Posted December 3, 2013 (edited) Is this only taking up the part of that block that is not occupied by the garage? That would be fairly skinny, but I guess the floors would be wide enough for units on each side with a hallway in the middle. Yes, and that strip of land was left unoccupied precisely for the purpose of eventually having a residential structure built on it. Edited December 3, 2013 by Houston19514 1 Quote Link to comment Share on other sites More sharing options...
Triton Posted December 3, 2013 Share Posted December 3, 2013 Yes, and that strip of land was left unoccupied precisely for the purpose of eventually having a residential structure built on it. I thought the original intended purpose was for retail. 1 Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted December 3, 2013 Share Posted December 3, 2013 (edited) I thought the original intended purpose was for retail. According to a Cite magazine article, the architects (Gensler) convinced the developer of Hess Tower (Trammel Crow) "that a 75-foot-wide strip . . . should be left empty to allow for the possibility of a residential development." The GRBCC 2025 Master Plan also has the site designated for residential development. Edited December 3, 2013 by Houston19514 3 Quote Link to comment Share on other sites More sharing options...
por favor gracias Posted December 3, 2013 Share Posted December 3, 2013 Thanks for all the info, Houston19514. 1 Quote Link to comment Share on other sites More sharing options...
kbates2 Posted December 4, 2013 Share Posted December 4, 2013 That spot is going to look awesome with all that is going up over there. 2 Quote Link to comment Share on other sites More sharing options...
ArchFan Posted December 4, 2013 Share Posted December 4, 2013 Regarding the confusion about the rendering at the top of this page: there is 1 large pic above 3 smaller ones. The upper left of the smaller 3 appears to be The Austonian condos in Austin, also designed by Ziegler Cooper, which was completed a few years ago. So, don't get in a tizzy how they can all be in the "Gables Post Oak" development. 1 Quote Link to comment Share on other sites More sharing options...
mfastx Posted December 4, 2013 Share Posted December 4, 2013 Really excited for this one. With the three new hotels in the area, this is going to look really nice. I'm surprised something this big went on that little lot, I was expecting it to stay surface parking for decades. Glad the pessimistic me was wrong! 2 Quote Link to comment Share on other sites More sharing options...
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