HOUSTON | Development Thread II

[Urbannizer]

Construction Updates:

Noble Energy Tower: 7/2 by hldjhn987









Birdsall Memorial: 7/27 by larrydierker





Temenos Place: 7/27 by Triton



Rendering:

[Urbannizer]

Harris County Institute of Forensic Sciences

Originally Posted by PageThink

The new Harris County Institute for Forensic Sciences will be built on a 3.2-acre site adjacent to the existing Harris County Medical Examiner’s Office in the Texas Medical Center. The 200,000-square-foot Phase One will comprise a nine-story tower housing approximately 140,000 square feet of laboratory, morgue, administrative and support space and approximately 60,000 square feet of unfinished shell space. The parking will be accommodated offsite. Phase Two will accommodate another tower on site for future expansion needs of the institute.

Page is partnering with Crime Lab Design on this project.

http://pagethink.com/v/project-detai...c-Sciences/7p/

[toxteth o'grady]

Another wrap may be coming to Montrose, reports Swamplot. Tenants in the old apartments just got eviction notices. Dolce Living appears to be behind the move, with possibly a City Centre at Midtown complex replacing it. Wrap it up.

New Owners to Montrose Apartment Dwellers: Everybody Out by the End of August, We’re Tearing These Places Down

[toxteth o'grady]

More on the Southmore and other possible highrises in Midtown, from BisNow...



"Two of the big ones are Morgan’s building on Smith and a redevelopment site on Main. The latter—right on the rail line a few blocks south of the Superblock—is proposed to be the first high-rise in the submarket.

Here's Hines' proposed high-rise on Southmore. David says Midtown has changed a lot in the last few years and it’s about to change significantly again in the next few. Gentrification in the area has increased due to the influx of some of the city's best restaurants and the ease of travel down into the Med Center. He says it's also benefiting from its position between two of the largest employment centers in the city (CBD and TMC). And as office development continues nearby, Midtown will continue its progression into a top place to live for young pros who want a vibrant nightlife. The land team is bringing two more sites to market there now—one at West Dallas and 45 and the other cattycorner to the Superblock (it might go high-rise as well)."

[Monarch]

really enjoying the modern clean lines of this edifice. very quiet.. very nice.

[Urbannizer]

Originally Posted by Chron

Kings Creek to Have Top Location, Design


A rendering features apartments that will be constructed in Kings Creek in Kingwood area north of Deerbrook Mall.
Plans are under way to break ground on the $1.2 billion Kings Creek project by David Development.

It will include 1 million square feet of Class A office space, a sustainable park with 1.5 miles of hike-and-bike trails with water features throughout, outdoor fitness areas, more than 150,000 square feet of retail space, two hotels and 1,000 condominium units.

"This is a prime location because it's north of Deerbrook Mall and contiguous with Kingwood Medical Center; and you don't have any shopping on the west side. Kingwood in that area is starting to fill in and develop," said David McCarble, principal for David Development. "The entire project will be the first LEED-certified sustainable master-plan development in Houston, as far as I know."

http://www.chron.com/neighborhood/ki...gn-5654608.php

[toxteth o'grady]

AmREIT has doubled down against potential suitors, adding a $650 million proposed expansion at Uptown Park. This is your first look at the Palazzi.



AmREIT reveals new Uptown Park development

This may be a little underwhelming after speculation of something in the 40-50 floor range. They're spreading out rather than going up.

[TowerSpotter]

Originally Posted by toxteth o'grady

AmREIT has doubled down against potential suitors, adding a $650 million proposed expansion at Uptown Park. This is your first look at the Palazzi.



AmREIT reveals new Uptown Park development

This may be a little underwhelming after speculation of something in the 40-50 floor range. They're spreading out rather than going up.

Actually the one that was supposed to be 50 floors turned out to be 40 floors now. (The lot south of the cosmopolitan)

[cloud713]

Originally Posted by toxteth o'grady

AmREIT has doubled down against potential suitors, adding a $650 million proposed expansion at Uptown Park. This is your first look at the Palazzi.



AmREIT reveals new Uptown Park development

This may be a little underwhelming after speculation of something in the 40-50 floor range. They're spreading out rather than going up.

the 650 million is spread across 3 different Uptown properties.. the Post Oak/San Felipe northwest site, the Post Oak/Uptown Park northwest site, and the Uptown Park site. here is a different article about it..

Houston-based Am- REIT, owner of the Uptown Park shopping center and other prime retail parcels here, rejected a buyout offer from Regency Centers Corp. on Tuesday and simultaneously announced plans for more than $650 million worth of new development in the Galleria area.

The projects, many proposed through complex joint-venture agreements or partnerships, are a 40-story multifamily tower; a 560,000-square-foot office project; a four-star hotel with residential units; and a luxury residential complex.

http://www.houstonchronicle.com/busi...ew-5655319.php

and while the Palazzi is underwhelming, it was only supposed to be around 28 stories. like Tower Spotter said, the 50 story residential project was downsized to the now 40 story residential tower AmREIT has planned for Post Oak/San Felipe northwest, just south of the cosmo.

[toxteth o'grady]

Originally Posted by cloud713

the 650 million is spread across 3 different Uptown properties..

and while the Palazzi is underwhelming, it was only supposed to be around 28 stories.

The larger article does appear to flesh out the proposed investments in more detail. Apparently, when AmREIT dropped the partner, they reconfigured the project. That initial investment is $80 million.

"...Its agreement with Crimson Real Estate Adivsors to develop a high-rise in Uptown Park expired and was terminated. After negotiating for development rights on a parcel adjacent to the high-rise site, AmREIT now plans to develop an $80 million project with 200 high-end rental units and 40,000 square feet of retail. Construction is expected to begin next year.

›› It is negotiating a joint venture with a multifamily developer to build a 40-story, 365-unit residential tower with two stories of retail on a 1.58-acre site at the northwest corner of Post Oak Boulevard and San Felipe. AmREIT would retain ownership of the land and ground-lease the site to the anticipated venture. Total costs are estimated to be $142 million. Construction could begin in the next 12 months.

›› It has acquired a 20.3 percent ownership interest in the Inverness Townhomes at the northwest corner of Post Oak Boulevard and Uptown Park Boulevard and plans to purchase the entire site and form a joint venture with Trammell Crow Co. to develop 560,000 square feet of office space and 16,000 square feet of retail space. Estimated project costs are more than $225 million, and construction could begin within the next 12 to 15 months.

›› It is in negotiations with a four-star hotel brand and development partner for a mixed-use project at the southeast corner of Uptown Park. The project could include 243 hotel rooms, 234 residential units and up to 20,000 square feet of retail space. Total project costs are estimated at around $204 million, and construction could begin within the next 18 months..."

None of these projects starts moving dirt until 2015, so we'll wait to see what happens.

[toxteth o'grady]

The building permit for Pearl at the Mix was listed in this week's HBJ:

[toxteth o'grady]

Energy Center V breaks ground.

Energy Corridor office space to have upscale, campus-like feel

[DanielG425]

Within the loop I think Houston as a city needs to build more classic world-class monuments or attractions that people can actually admire and that are unique. It'd help the city with tourists and make the streets a lot nicer!

[toxteth o'grady]

30-60 days...

New details emerge on 6 Houston Center

[Htowngrown]

Originally Posted by toxteth o'grady

30-60 days...

New details emerge on 6 Houston Center

I'll believe it when the cranes up! They already "broke ground" once already, and then said earlier in the year that they'd break ground this summer. Now they are saying this fall! Don't get me wrong, I like the tower and hope it happens, Crescent just needs to stop having all these press releases over nothing.

[DBGHouston]

Second Hyatt property designed by Gensler on W. Alabama at Sage (adjacent to the Galleria.) Appears to be at least 12 stories. Link to the Chronicle Story here. Image from the Chronicle credited to Songy.

Quote from the article by Nancy Sarnoff at the Chronicle:

The owners of the Galleria Place development along Sage Road between Westheimer and West Alabama, are building a second hotel on the property, which by the end of next year will have close to 500 new hotel rooms – all under the Hyatt brand.

The new hotel, a Hyatt Place, will join a 325-room Hyatt Regency that broke ground earlier this year.

Both projects are expected to open in the fourth quarter of 2015, according Atlanta-based Songy HighRoads, which is developing Galleria Place with The Carlyle Group.

The new Hyatt Place will have 157 rooms and its entrance will face West Alabama Street. It will offer fewer amenities than the full-service Hyatt Regency next door.

[JManc]

What's the tall building in top center in that last post? Doubletree?

[Clev]

I hope they aren't replacing the Hyatt Place that was proposed for Downtown with this one.

[toxteth o'grady]

Originally Posted by JManc

What's the tall building in top center in that last post? Doubletree?

I couldn't tell, either. I thought that one was north of Westheimer. The pool looks new.

[AustinTay]

It's just DoubleTree.