Pumapayam Posted August 29, 2006 Share Posted August 29, 2006 (edited) Oh, I know the difference between the Mark and the Mercer.My question was, didn't the same group of investors build both? I thought that after the Mark was completed, they came together to produce what was originally called the Mark II but later the name changed to the Mercer. Is this correct? I would say yes, because I think I remember seeing that too, or maybe I was as confused as you were too! It looks like they've begun construction adjacent to the Transco water wall on Hidalgo across from Nordstroms. Is this the site for this 42 story tower? That is the The Empire Edited August 29, 2006 by Pumapayam Quote Link to comment Share on other sites More sharing options...
ProHouston Posted August 29, 2006 Share Posted August 29, 2006 That is the The EmpireThe Empire is actually on the south side of Hildalgo, I was looking at the north side of Hidalgo immediately adjacent to the water wall. Between the water wall and McCue. Any other ideas? Quote Link to comment Share on other sites More sharing options...
Pumapayam Posted August 30, 2006 Share Posted August 30, 2006 The Empire is actually on the south side of Hildalgo, I was looking at the north side of Hidalgo immediately adjacent to the water wall. Between the water wall and McCue. Any other ideas? Ok, I did not know that the final piece of empty land was being built on, that is amazing, tehy little area will be so dense now, I hope it has ground level retail what ever is in there, some outdoor cafe will do wonders, with that water wall there! Quote Link to comment Share on other sites More sharing options...
Pumapayam Posted September 6, 2006 Share Posted September 6, 2006 (edited) So does anyone know what is going up, I saw the fence, but I am thinking more and more it could just be a debris fence for the work going on at the Empire, since it is only on the Hildago side of the street and does not emcompass the entire perimeter of the property. Edited September 6, 2006 by Pumapayam Quote Link to comment Share on other sites More sharing options...
westender Posted September 7, 2006 Share Posted September 7, 2006 While on Richmond on yesterday, I saw a rendering that looked similar to this project in an open lot just West of the Best Buy but east of Hidalgo Street there on Richmond. I was driving and couldn't get a really good look but I think it may have been the Turnberry building.Does anyone know if that is the correct location of the project and if so, what is the status of groudbreaking?West of Best Buy but East of Hidalgo? Hidalgo runs east to west. Did you mean East of McCue? If so then it i sprobably the MarkII. They have had their sign in that empty lot for a long time. Quote Link to comment Share on other sites More sharing options...
VelvetJ Posted September 8, 2006 Share Posted September 8, 2006 West of Best Buy but East of Hidalgo? Hidalgo runs east to west. Did you mean East of McCue? If so then it i sprobably the MarkII. They have had their sign in that empty lot for a long time.Whoops, my bad. You are right. Quote Link to comment Share on other sites More sharing options...
The New Juniper Posted September 8, 2006 Share Posted September 8, 2006 That is Turberry out of Vegas doing a high rise. Quote Link to comment Share on other sites More sharing options...
Pumapayam Posted September 8, 2006 Share Posted September 8, 2006 So does anyone know what is going up, I saw the fence, but I am thinking more and more it could just be a debris fence for the work going on at the Empire, since it is only on the Hildago side of the street and does not emcompass the entire perimeter of the property.So does anyone know if the above question I asked was a debris fence or a new project? Quote Link to comment Share on other sites More sharing options...
westender Posted September 9, 2006 Share Posted September 9, 2006 So does anyone know if the above question I asked was a debris fence or a new project?What do you mean by Hidalgo side of the street? Quote Link to comment Share on other sites More sharing options...
houstonfella Posted September 9, 2006 Share Posted September 9, 2006 (edited) Bottom line: Turnberry will build its 42 story beauty or it will build a smaller one at 33 floors (that'd be big in Dallas but a blip in H-town). The dirt: are we gonna get a beautiful Turnberry project in one of the most desired settings in the city or are they gonna dick us around with this and that and scaled down versions of the original? Let us kow, Turnberry.... no playing. Edited September 9, 2006 by houstonfella Quote Link to comment Share on other sites More sharing options...
Pumapayam Posted September 17, 2006 Share Posted September 17, 2006 What do you mean by Hidalgo side of the street?It is the lot hugged between the Empire, Nordstroms Garage, Williams Tower Parking Garage, and the Water Wall. Quote Link to comment Share on other sites More sharing options...
Captain Impossible Posted September 23, 2006 Share Posted September 23, 2006 I really don't like the Mercer. It's awkward. Quote Link to comment Share on other sites More sharing options...
Trae Posted September 23, 2006 Share Posted September 23, 2006 the only people that can build high rise condoes in houston are interfin and randall daviswhat other ones have ever worked?redstone- noorion- noshamrock- nomonaco- no2727 (address?) kirby- hopefully not but most likely not goin to get builtthe huntingdon and the houstonian are the only high rises I know of (in this certain price range) that have ever been able to muster any salesDon't worry. Just wait for me to get a college education and play in the NFL for a bit. Quote Link to comment Share on other sites More sharing options...
Montrose1100 Posted September 26, 2006 Share Posted September 26, 2006 there is a chainlink fence with a dark brown/black cloth covering the patch next to the waterfall. No it is not "empire". Quote Link to comment Share on other sites More sharing options...
Pumapayam Posted September 28, 2006 Share Posted September 28, 2006 there is a chainlink fence with a dark brown/black cloth covering the patch next to the waterfall. No it is not "empire". It is the lot hugged between the Empire, Nordstroms Garage, Williams Tower Parking Garage, and the Water Wall. That is the same question I asked above. No one knows, this is somewhat of a mystery now. Quote Link to comment Share on other sites More sharing options...
bachanon Posted September 29, 2006 Share Posted September 29, 2006 no mystery, it's the turnberry associates project mentioned in the bizjournals article.Turnberry gets high on Houston with planned condo towerHouston Business Journal - April 7, 2006by Jennifer DawsonHouston Business JournalA nationally known developer that has drawn attention for high-dollar condominium projects in markets such as Las Vegas and the Bahamas is moving forward with plans to build a luxury condo tower in the Galleria area.Florida-based Turnberry Associates intends to build a high-rise condo project that could stand as tall as 42 stories just west of the Water Wall. The proposed site is just south of the Galleria on vacant land owned by Walton Street Capital LLC. Sources say Walton is a joint venture partner on the project, which will be located west of Post Oak Boulevard between Hidalgo and W. Alabama. full storyturnberry has leased office space in the lakes on post oak. empire is on property that was the lakes on post oak. the new tower is across the street from empire, the lakes on post oak, the water wall, etc. no mystery. Quote Link to comment Share on other sites More sharing options...
The Great Hizzy! Posted September 29, 2006 Share Posted September 29, 2006 Good re-post Bachanon. Always good to specifics so that there's less speculation or confusion over potential projects.I don't know if this is a 100% but Turnberry doesn't typically struggle to get projects off the ground once they break ground. Quote Link to comment Share on other sites More sharing options...
Gary Posted September 29, 2006 Share Posted September 29, 2006 I went by the site yesterday and they we're building what looks to be a sales office. Quote Link to comment Share on other sites More sharing options...
sttombiz Posted September 29, 2006 Share Posted September 29, 2006 wasnt turnberry the builder behind the orion? if so, what makes you think this one will get off the ground?I went to the orion site and they still have the sales office there gathering dust. I think people still work in it because there were a few cars outside and the promo video for the orion was still playing. Quote Link to comment Share on other sites More sharing options...
Montrose1100 Posted September 29, 2006 Share Posted September 29, 2006 wasnt turnberry the builder behind the orion? if so, what makes you think this one will get off the ground? I went to the orion site and they still have the sales office there gathering dust. I think people still work in it because there were a few cars outside and the promo video for the orion was still playing. The Sales "office" for Shamrock is still there. Quote Link to comment Share on other sites More sharing options...
KinkaidAlum Posted September 30, 2006 Share Posted September 30, 2006 Turnberry was NOT the builder behind the Orion. This is their first Houston development. Turnberry has a stellar reputation for getting things done in other cities (Aventura, Vegas, Pittsburgh, and tons of other Florida locales). Just like the Wood Partners/Phillips deal (Mosaic), this will likely get underway because of the experience of the team from outside Houston. Quote Link to comment Share on other sites More sharing options...
sttombiz Posted September 30, 2006 Share Posted September 30, 2006 if your in the houston market dont you want people with experience from inside houston?vegas, florida and the others are high rise sanctuaries but houston is sprawl. think the texas ideal: big everything. people would rather want huge lots with great gardens than a balcony.high rise builders in houston should try for the older market, the empty nesters and price accordingly. units starting at $1 mil dont really suit the retiree. Quote Link to comment Share on other sites More sharing options...
bachanon Posted September 30, 2006 Share Posted September 30, 2006 i imagine that someone did quite a bit of research before starting a project of this size. there is, evidently, a market for this type of product.i'm keeping my fingers crossed for a sleek, modern design. Quote Link to comment Share on other sites More sharing options...
Pumapayam Posted October 1, 2006 Share Posted October 1, 2006 What ever it is they are building, they started framing this week. I just drove past it! How weird that no one here knows what the design looks like, yet it is currenty under construction in a highly visible spot! Quote Link to comment Share on other sites More sharing options...
Gary Posted October 2, 2006 Share Posted October 2, 2006 What ever it is they are building, they started framing this week. I just drove past it! How weird that no one here knows what the design looks like, yet it is currenty under construction in a highly visible spot! That's not the tower, it's the sales office. Quote Link to comment Share on other sites More sharing options...
Pumapayam Posted October 2, 2006 Share Posted October 2, 2006 That's not the tower, it's the sales office. That is one HIGH end sales office, I am used to seeing those as trailers I guess. This one looks like it will be a permanent fixture, likely to be re-used as something else then. If not, that is a waste of money to frame a sales office only to be torn down after the highrise is built. Must be a "first impression" issue they are trying to convey. Quote Link to comment Share on other sites More sharing options...
shinoda28107 Posted October 7, 2006 Share Posted October 7, 2006 (edited) When will this be finalized?New Highrise Edited October 7, 2006 by shinoda28107 Quote Link to comment Share on other sites More sharing options...
VicMan Posted October 8, 2006 Share Posted October 8, 2006 I dont understand why these people keep building these highrises, when many stand empty. Wheres the logic?Where did you hear this? Quote Link to comment Share on other sites More sharing options...
ricco67 Posted October 8, 2006 Share Posted October 8, 2006 Personally, I believe some hi-rises should be built for those that make LESS than a few million a year.I mean, would it be bad to make a highrise for the person can afford at about $100-175k? Quote Link to comment Share on other sites More sharing options...
TheNiche Posted October 8, 2006 Share Posted October 8, 2006 Personally, I believe some hi-rises should be built for those that make LESS than a few million a year.I mean, would it be bad to make a highrise for the person can afford at about $100-175k?Mosaic's approach seems to have been going for the low-end market. Their 1BR units start around $150k.Unfortunately, though, building costs rise geometrically with altitude above the ground. There are only so many people that even want to live in a high-rise, and of those, many fewer still that can afford it. It has very little to do with whether it is good or bad...the costs and preferences just are what they are.I dont understand why these people keep building these highrises, when many stand empty. Wheres the logic?Where are these vacant buildings? You do know that the year is 2006, not 1988, right?Seriously, though, the very few vacant buildings with residential potential of which I am aware are in the downtown submarket. Downtown land is so expensive that the market automatically builds in a place premium that is sufficiently high to prevent any people other than the upper middle class and upper class from living there (Harris County Jail, not withstanding). But at that price level, people have so many other options throughout the Houston area that downtown's market share is very limited. So where there are vacant building or vacant lots, residential growth into those spaces is occuring, but at a very slow rate.Meanwhile, outside of downtown, there really aren't that many vacant buildings with residential potential, but there's still plenty of demand. The Galleria area is an excellent case in point, as is the greater Montrose area, the Museum District, and the Texas Medical Center area. Quote Link to comment Share on other sites More sharing options...
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