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Old Posted Oct 30, 2014, 3:44 AM
Urbannizer's Avatar
Urbannizer Urbannizer is offline
Join Date: Jan 2009
Location: Austin, Texas / Houston, Texas
Posts: 2,077

Originally Posted by Houston Chronicle
Flashy projects rise near ballpark

The newest, a 28-story luxury apartment tower on Texas Avenue between Austin and LaBranch, will have floor-to-ceiling windows, an infinity-edged swimming pool and a private club room with views of home plate.

Chicago-based Marquette Cos., is planning to break ground on the building - which will be called Catalyst - on Wednesday.

"Houston is experiencing urbanism for the first time," said Darren Sloniger, president of the company, which is developing the project in partnership with Hunt Cos. of El Paso and affiliates of Los Angeles-based Ares Management.

Sloniger said Houston reminds him of Chicago 15 or 20 years ago before there was a thriving urban core of housing, shops, restaurants and offices in a walkable environment.

"When you look anywhere in the United States, downtown Houston is one of the best opportunities that exists today," he said.

Houston's urban center began to see a flurry of development activity when the economy and real estate market started to recover from the latest downturn and the city launched a tax incentive program designed to lure more residential builders downtown.

Full Article: http://www.houstonchronicle.com/busi...fe02eaf1bd0534
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Old Posted Oct 30, 2014, 3:59 AM
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Clev Clev is offline
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Location: Cleveland, OH and Austin, TX
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I really like this building. The whole area around the ballpark will be totally transformed once all these projects get built.
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Old Posted Oct 30, 2014, 5:00 PM
The Best Forumer The Best Forumer is offline
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Originally Posted by toxteth o'grady View Post
Yet more evidence the demand for office space continues: newly opened office of UK company looks for 20,000 sf of space:

Newly launched London energy company to open Houston office

"...Xodus Subsea is currently working with CresaPartners LLC to find about 20,000 square feet of office space in the Energy Corridor within the next few months to serve as the North American headquarters for the new company, said Matt Kirk, Xodus Subsea's managing director..."
I am sure there is space somewhere in downtown as opposed to locating their offices in the suburbs.
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Old Posted Oct 30, 2014, 5:27 PM
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toxteth o'grady toxteth o'grady is offline
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Join Date: May 2007
Posts: 1,635
I've been seeing announcements Downtown. However this company opted for Westchase:

Engineering company moves U.S. HQ to Houston

Meanwhile, demand for Downtown office space by foreign investors continues to be hot: 1000 Main is expected to sell for $526/sf - which would be a record.

Houston’s real estate market continues to attract foreign investors
"This will be good for the city"
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