HOUSTON | Development Thread II

[Monarch]

^^^ downtown houston is on the move....

[Slyfox]

Originally Posted by ooooaaaah!

No doubt one of the most important posts on here.

Not to be pessimistic, but just not getting too excited yet. Even if the Saudis convince their partners to cut production, the article says its projected to only raise barrel prices by $10.00 each....no where near the prices seen during the construction boom several years ago, and that's a big if.... all those countries are so desperate to get as much money as they can right now.

I hope it's true though, I want to go back to when there were like 10 new projects posted a day on this forum.

Here's WSJ's conversation on it.

http://www.wsj.com/articles/economic...ove-1475191887

[N90]

Urbannizer I was looking at Houston's U/C buildings on the SSP database and found that the 16 story Embassy Suites in energy corridor hasn't been added yet to the U/C list. Do you know who I can message that can add it to the database?

http://skyscraperpage.com/cities/?cityID=28&statusID=2

http://www.houstonarchitecture.com/h...-katy-freeway/

[DBGHouston]

Very nice new work added to the Houston drawing diagram by Spacemuppet on the second page....the big boat.... kudos!

Methodist Outpatient Care Center

[Urbannizer]

Originally Posted by N90

Urbannizer I was looking at Houston's U/C buildings on the SSP database and found that the 16 story Embassy Suites in energy corridor hasn't been added yet to the U/C list. Do you know who I can message that can add it to the database?

http://skyscraperpage.com/cities/?cityID=28&statusID=2

http://www.houstonarchitecture.com/h...-katy-freeway/

Database request for a building can be submitted here:

http://forum.skyscraperpage.com/forumdisplay.php?f=29

[Urbannizer]

Surge Homes Launches New Museum District Condo Community

HOUSTON, Oct. 3, 2016 /PRNewswire/ -- Surge Homes begins development of Museum BLVD, a new, affordable condominium community in Houston's prestigious Museum District neighborhood with homes that range from the $140s to the $340s.

Located at 4819 Caroline Street, Museum BLVD is an $11 million, 50-condominium, mid-rise development, located in close proximity to the cultural and recreational amenities of the Museum District. Buyers can choose between lofts, one-and two-bedroom homes, and penthouses with large terraces and skyline views that range from 420 square feet to 1,099 square feet and include private, reserved parking in the gated garage on the building's first floor. Homes are priced from the $140s to the $340s, which are in contrast to the median home values of $745,000 in the Rice/Museum District market area, as cited by the Houston Association of Realtors.

[Slyfox]

http://www.bizjournals.com/milwaukee...40-and.html#g7

Article out today by the IBJ, Houston's metro area projected to grow by 66.7% between now and 2040, from 6.6 million now to 11+ million by 2040.

[drummer]

^ Wow.

[The Best Forumer]

This is good news... I'm pretty sure it's going to be mostly sprawl... how affordable will it be to live inside 610?

[JManc]

It looks like Houston is expected to ever so slightly edge out DFW in size by 2040.

[DCReid]

Originally Posted by Slyfox

http://www.bizjournals.com/milwaukee...40-and.html#g7

Article out today by the IBJ, Houston's metro area projected to grow by 66.7% between now and 2040, from 6.6 million now to 11+ million by 2040.

I would not have too much faith in the precision of estimates for any city from this article. Projections based on past history are rarely accurate, although they can foresee a general trend. The projection is based on the most recent oil boom, which has obviously stropped for the time being. Another good example is up to around around 2000-2005, Chicago metro was growing and was growing a little faster than NYC metro, so if the estimate was based on 1980-2005, it would show that Chicago would continue to at least grow and grown faster than NYC. (I believe it will start growing again, not shrink). NYC proper is another obvious case, if you go back even further to say from 1960 - 1980 or 1985; NYC proper was shrinking or flat in population; it is obviously not shrinking now, and who knows what will happen.

[houston19514]

Originally Posted by JManc

It looks like Houston is expected to ever so slightly edge out DFW in size by 2040.

Actually by 2035, I believe. The projections have Houston moving past both DFW and Chicago between 2030 and 2035.

[JManc]

Originally Posted by houston19514

Actually by 2035, I believe. The projections have Houston moving past both DFW and Chicago between 2030 and 2035.

City proper only. It will be much longer before we catch up and surpass greater Chicago. If ever...they are still growing.

[citykid09]

Originally Posted by JManc

City proper only. It will be much longer before we catch up and surpass greater Chicago. If ever...they are still growing.

Actually, if you keep going on that slide show in the link after you pass the #1 growth city percentage wise (Austin) by 2040 it will show the slowest growing cities in the US by 2040. Chicago came in at the #8 spot with a projected metro population of 9,687,921, making it smaller than both Dallas and Houston.

Found this article that explains pretty much what I'm saying about Houston/Chicago above. The article says Houston will have the 3rd largest Metro in the US, followed by Dallas then Chicago. NY and LA remain 1st and 2nd. http://www.wfaa.com/news/local/dalla...hink/334036371

Also wanted to say if these population projections are correct, don't Houston's leaders think it's time to start planning for a BART/DC style subway system? Light rail was a start, but now its time to get serious about a REAL city transit system for Houston.

[houston19514]

Originally Posted by JManc

City proper only. It will be much longer before we catch up and surpass greater Chicago. If ever...they are still growing.

Nope. Metro. According to the same projections. And FWIW, in the most recent estimates Chicago metro lost population and its total estimated growth since 2010 is almost in rounding error territory.

[Reverberation]

Originally Posted by citykid09

Actually, if you keep going on that slide show in the link after you pass the #1 growth city percentage wise (Austin) by 2040 it will show the slowest growing cities in the US by 2040. Chicago came in at the #8 spot with a projected metro population of 9,687,921, making it smaller than both Dallas and Houston.

Found this article that explains pretty much what I'm saying about Houston/Chicago above. The article says Houston will have the 3rd largest Metro in the US, followed by Dallas then Chicago. NY and LA remain 1st and 2nd. http://www.wfaa.com/news/local/dalla...hink/334036371

Also wanted to say if these population projections are correct, don't Houston's leaders think it's time to start planning for a BART/DC style subway system? Light rail was a start, but now its time to get serious about a REAL city transit system for Houston.

If METRO can get out of its own way, maybe. But the movers and shakers in Houston live in River Oaks, Tanglewood, and the villages on huge lots where traffic is bad but doesn't get much worse and the growth takes place elsewhere. In these areas, the city feels the same as it did in 2000 or 2005 when it had 4-4.5 million people. It's not wrong but it's the world they live in. They see the growth but don't feel it.

[Urbannizer]

Officials Break Ground On New Segment Of The Bayou Greenways 2020 project

Local officials broke ground this week on a segment of the Sims Bayou Greenway, which is part of the Bayou Greenways 2020 project.

The Sims Bayou Greenway will be 1.8 miles long and will connect Heatherbrook Drive, in southeast Houston, with Hillcroft Avenue.

Green says the project also entails beautifying the area around the greenway.
“Not only will you see hike and bike trails and trees and beautiful landscape, but they will be covered with beautiful wildflowers as well,” Green noted at the groundbreaking ceremony.

The Houston Parks Board and the other agencies involved in the Bayou Greenways 2020 project have already completed some segments in White Oak Bayou and are currently working on areas close to the Brays and Halls bayous.

Charles Place, managing director of Capital Programs for the Parks Board, explains they think of the developing network of greenways as not just hike and bike trails, but “linear parks” throughout Houston’s major waterways.

Officials estimate the Sims Bayou segment will be completed next summer and the projected cost of the project is three million dollars.

[Urbannizer]

Montrose mixed-use project aims to be place where "work meets play"

Houston developer and restaurateur Fred Sharifi has hired real estate brokers specializing in office and retail to help land tenants to fill a proposed mixed-use development he announced late last year for east Montrose.
The project will be called Fairview District and plans include developing a five-story parking garage and several other buildings to house office, restaurant and shop space along Fairview near Taft. Construction is expected to begin in January, according to a press release from CBRE, the firm hired to lease the office component.
"Office tenants today are looking for an experience. They want to be inspired in their work space and also have direct access to progressive retail and dining concepts," CBRE's Rima Soroka said in the statement. "The lines between work and leisure are blurred. By creating a destination where work meets play, the Fairview District is the beginning of a special movement that blends flexibility with choice and provides Houston consumers with the urban experiences that they crave."

The Gensler architecture firm designed the project with an industrial aesthetic to include glass, brick and steel materials.

[The Best Forumer]

Originally Posted by Reverberation

If METRO can get out of its own way, maybe. But the movers and shakers in Houston live in River Oaks, Tanglewood, and the villages on huge lots where traffic is bad but doesn't get much worse and the growth takes place elsewhere. In these areas, the city feels the same as it did in 2000 or 2005 when it had 4-4.5 million people. It's not wrong but it's the world they live in. They see the growth but don't feel it.

Who cares what they think. They need to either listen to the input of their constituents... or get out.

[Urbannizer]

BMX World Championship Coming to Houston

Houston has been awarded the 2020 UCI BMX World Championship leading up to the Tokyo Olympic Games. The 6-day event is expected to draw 3,000 amateur participants and 300 professional athletes from over 40 countries to the North Houston Bike Park.

North Houston Bike Park, currently under construction, is part of a 30-acre extreme sports complex including a world-class BMX Race Track, concrete vert features, street course, pump tracks, tot track, bike trails and an outdoor events center that can seat approximately 3,500 guests. Located just minutes from Bush Intercontinental Airport, the $14 million complex is expected to draw cyclists from across the country and perhaps even abroad for recreation as well as training for the X-Games and other major sporting events. The Greens Bayou bike trail will also connect to the park providing recreational and mountain biking options.

The Championship event will take place May 26-May 31, 2020 at North Houston Bike Park.