Popular Post Brandon55 Posted August 15, 2019 Popular Post Share Posted August 15, 2019 Anybody know anything about this 15 Quote Link to comment Share on other sites More sharing options...
CREguy13 Posted August 15, 2019 Share Posted August 15, 2019 At one point, Crane's plan was to turn these blocks into a park that would act as a grand entrance to MMP. Perhaps the Astros success having changed his thinking on these sites... Look forward to learning of his plans. 9 Quote Link to comment Share on other sites More sharing options...
mattyt36 Posted August 15, 2019 Share Posted August 15, 2019 Wondered how long this would take. Great news! 3 Quote Link to comment Share on other sites More sharing options...
Brandon55 Posted August 15, 2019 Author Share Posted August 15, 2019 1 minute ago, mattyt36 said: Wondered how long this would take. Great news! I salute them for wanting wanting to add to the area. The fact that in the article they mention building something that will go with the neighborhood is what I like to hear. 3 Quote Link to comment Share on other sites More sharing options...
ZRFkris Posted August 15, 2019 Share Posted August 15, 2019 I always look at that house and wonder when? 🤣 wow 2 Quote Link to comment Share on other sites More sharing options...
Purdueenginerd Posted August 15, 2019 Share Posted August 15, 2019 Thats interesting. Is it common for MLB teams to be in the development industry for mixed use, etc? 2 Quote Link to comment Share on other sites More sharing options...
Subdude Posted August 15, 2019 Share Posted August 15, 2019 10 minutes ago, Purdueenginerd said: Thats interesting. Is it common for MLB teams to be in the development industry for mixed use, etc? Yes, I think pro teams increasingly try to bundle mixed-use projects in with new stadium developments. It's another source of revenue for them. 9 Quote Link to comment Share on other sites More sharing options...
Purdueenginerd Posted August 15, 2019 Share Posted August 15, 2019 4 minutes ago, Subdude said: Yes, I think pro teams increasingly try to bundle mixed-use projects in with new stadium developments. It's another source of revenue for them. First I've heard of this, I guess from a pure development standpoint it makes sense and is positive. But breaking into political discussion here a little bit, is there evidence of MLB teams using these style developments as leverage against the public for stadium subsidies? I generally oppose subsidizing taxpayer dollars for new stadiums, but that dynamic could change if said MLB team is building hotels, apartments, and a litany of other businesses. Quote Link to comment Share on other sites More sharing options...
houstontexasjack Posted August 15, 2019 Share Posted August 15, 2019 3 minutes ago, Purdueenginerd said: First I've heard of this, I guess from a pure development standpoint it makes sense and is positive. But breaking into political discussion here a little bit, is there evidence of MLB teams using these style developments as leverage against the public for stadium subsidies? I generally oppose subsidizing taxpayer dollars for new stadiums, but that dynamic could change if said MLB team is building hotels, apartments, and a litany of other businesses. What’s going on in some cases (e.g. the proposed Oakland A’s new stadium) is that the taxpayers are essentially putting up the land with tax breaks. The owner gets to develop with private funds. Tax revenue is not actually used for construction, although there is the opportunity cost for the use of the land and less new tax revenue than might be had with a non-stadium related mixed use development. 2 2 Quote Link to comment Share on other sites More sharing options...
Brandon55 Posted August 15, 2019 Author Share Posted August 15, 2019 I'm not really surprised more and more teams are trying to make their stadiums destinations places outside of just attending the games. That leaves stadiums like MMP , which were built before the MIX use craze,to have to use the land around them. Let's be honest that back end of MMP is kind of a dead zone. If a hotel/residential / Entertainment is built all the better for DT. 7 Quote Link to comment Share on other sites More sharing options...
j_cuevas713 Posted August 15, 2019 Share Posted August 15, 2019 Wow downtown is booming! I remember Crane mentioning something about a park but this would help continue to create a village vibe around the ballpark. Exciting! 2 Quote Link to comment Share on other sites More sharing options...
C List Posted August 15, 2019 Share Posted August 15, 2019 (edited) 1 hour ago, Purdueenginerd said: Thats interesting. Is it common for MLB teams to be in the development industry for mixed use, etc? Yes, Jerry Jones has set the standard for this and his real estate plays are a big reason the Cowboys franchise's valuation has gone through the roof. While this is not the stadium, to do what he did at a practice facility is unreal. https://www.thestarinfrisco.com/ Edited August 15, 2019 by C List Adding map 1 Quote Link to comment Share on other sites More sharing options...
j_cuevas713 Posted August 15, 2019 Share Posted August 15, 2019 1 minute ago, C List said: Yes, Jerry Jones has set the standard for this and his real estate plays are a big reason the Cowboys franchise's valuation has gone through the roof. While this is not the stadium, to do what he did at a practice facility is unreal. https://www.thestarinfrisco.com/ I get your point but gross 6 1 Quote Link to comment Share on other sites More sharing options...
Popular Post CaptainJilliams Posted August 15, 2019 Popular Post Share Posted August 15, 2019 1 hour ago, Purdueenginerd said: Thats interesting. Is it common for MLB teams to be in the development industry for mixed use, etc? I believe so, I know St. Louis, San Diego, and Washington D.C. have mixed-use developments surrounding their stadiums. And I know Denver is in the process of completing theirs, as seen below: ^^^ Again, this is in Denver, CO. 10 Quote Link to comment Share on other sites More sharing options...
HNathoo Posted August 15, 2019 Share Posted August 15, 2019 Houston may get it's own version of Wriglyville 4 Quote Link to comment Share on other sites More sharing options...
mattyt36 Posted August 15, 2019 Share Posted August 15, 2019 1 hour ago, CaptainJilliams said: I believe so, I know St. Louis, San Diego, and Washington D.C. have mixed-use developments surrounding their stadiums. And I know Denver is in the process of completing theirs, as seen below: ^^^ Again, this is in Denver, CO. Also the Braves’ new stadium https://www.multifamilyexecutive.com/design-development/atlanta-developer-takes-on-mixed-use-development-next-to-braves-new-baseball-stadium_o 2 1 Quote Link to comment Share on other sites More sharing options...
DNAguy Posted August 15, 2019 Share Posted August 15, 2019 24 minutes ago, HNathoo said: Houston may get it's own version of Wriglyville As town? 😉 Stros-berg? I like Stros-berg. 4 Quote Link to comment Share on other sites More sharing options...
H-Town Man Posted August 15, 2019 Share Posted August 15, 2019 So this is the vacant land on both sides of Chenevert Street? The blue house is on one side and the locomotive is on the other. 2 Quote Link to comment Share on other sites More sharing options...
jmitch94 Posted August 15, 2019 Share Posted August 15, 2019 The Rangers new stadium has a large mixed use area outside if I remember correctly. I feel it could work here better because our stadium is in downtown instead of being in a development island like the Rangers. 3 Quote Link to comment Share on other sites More sharing options...
j_cuevas713 Posted August 15, 2019 Share Posted August 15, 2019 35 minutes ago, DNAguy said: As town? 😉 Stros-berg? I like Stros-berg. Juice Land? Lol Jk 1 Quote Link to comment Share on other sites More sharing options...
SMU1213 Posted August 15, 2019 Share Posted August 15, 2019 John Moore's (ex-owner of the Padres, from San Antonio/Houston) investment company (JMI) masterplanned and developed the area around the Padres' stadium. 1 Quote Link to comment Share on other sites More sharing options...
cspwal Posted August 15, 2019 Share Posted August 15, 2019 The Angel's are also doing something similar, though half-heartedly https://www.anaheim.net/1072/Platinum-Triangle It looks like they are trying to urbanfify it with apartments, by taking chunks out of the parking lot sea, but there's still a lot of parking that won't be touched 2 Quote Link to comment Share on other sites More sharing options...
HoustonMidtown Posted August 15, 2019 Share Posted August 15, 2019 (edited) Not sure if there is anything new here: Astros-affiliated company buys land across from Minute Maid Park (from ABC13.com) https://abc13.co/2P7yuTU Edited August 15, 2019 by HoustonMidtown 1 Quote Link to comment Share on other sites More sharing options...
Popular Post j_cuevas713 Posted August 15, 2019 Popular Post Share Posted August 15, 2019 Aren't we all glad the Stros put their stadium Downtown? I mean we have the best ballpark in TX. Regardless of what the rangers are building in the middle of nowhere, nothing beats having your ballpark in the middle of the city. 15 Quote Link to comment Share on other sites More sharing options...
wilcal Posted August 15, 2019 Share Posted August 15, 2019 (edited) Packers have Titletown. Looks like they're adding a townhome component. Edit: Also, this must include the Home Plate Bar & Grill lot, too, right? It says it's a 1.7 acre parcel, but 1800 Texas is only 1/3 of an acre. Edit2: Home Plate has the 1800 Texas address, so evidently duh. HTX Fan Tavern doesn't. Edited August 15, 2019 by wilcal Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted August 15, 2019 Share Posted August 15, 2019 1 hour ago, H-Town Man said: So this is the vacant land on both sides of Chenevert Street? The blue house is on one side and the locomotive is on the other. Yes, it appears to include the land on both sides of Chenevert. 1 1 Quote Link to comment Share on other sites More sharing options...
H-Town Man Posted August 15, 2019 Share Posted August 15, 2019 10 minutes ago, Houston19514 said: Yes, it appears to include the land on both sides of Chenevert. Have you seen more information or are you just going by what I said? Quote Link to comment Share on other sites More sharing options...
H-Town Man Posted August 15, 2019 Share Posted August 15, 2019 Ok, did a little digging. So City of Houston owns the land on both sides of Chenevert, with a total of 42,209 SF or just under an acre contiguous. Any sale probably includes an agreement to abandon Chenevert (otherwise no way it's worth $17 million), so that adds another 11,250 SF for a total of 53,459 SF. There is a little parcel owned by TxDOT just east of the locomotive and then some small tracts owned by the city, none of which I'm including until we know further. So at $17 million, that is $318/SF. Pretty good land value for our little downtown, especially considering there is no tunnel access and configuration is suboptimal with those bars there. 3 Quote Link to comment Share on other sites More sharing options...
H-Town Man Posted August 15, 2019 Share Posted August 15, 2019 Alright then, so only $225/SF. Still pretty strong. It must include those other parcels south of the bars/east of the locomotive. 1 Quote Link to comment Share on other sites More sharing options...
gene Posted August 15, 2019 Share Posted August 15, 2019 (edited) They need to have at least one large feature ride...maybe a tower ride to see the city or large rocket ride or combine the rocket shaped observation tower with a free fall drop ride and then name the whole area/development Astroworld... #RIP 🚀 Edited August 15, 2019 by gene 3 1 1 Quote Link to comment Share on other sites More sharing options...
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