HOUSTON | Development Thread II - Page 338

Urbannizer · #**6741** Posted **Apr 17, 2014, 7:16 PM**

Quote:

Originally Posted by DBGHouston

* note: Aloft Hotel is going into the 1913 Stowers Building, not the Savoy (which will become a Holiday Inn)

Woops, fixed that. Anyway, the Hyatt Hotel is no longer on the map because the developer is now looking at selling the land.

Urbannizer · #**6742** Posted **Apr 17, 2014, 7:45 PM**

Quote:

Originally Posted by Swamplot

Randall Davis Trying To Buy an Entire Westhaven Estates Townhome Complex, in One Fell Swoop

Developer Randall Davis has been trying to buy an entire 16-unit townhome complex at the corner of San Felipe Dr. and Nantucket Ln. “They have tried multiple times to purchase,” a source tells Swamplot, noting that the offers have been rejected so far. In September of last year, Davis sent an offer of $400,000 for each unit at 5918 San Felipe St., sweetened with a $50,000 discount off the purchase price of a unit in the condo building Davis intends to build in their place. “They needed a unanimous decision” from all 16 owners, the source notes, “which did not happen.”

The townhome complex was built in 1977; it’s directly adjacent to a gas station on the corner of San Felipe and Fountain View, and around the corner from 7-story brick-and-concrete-block Tanglewood Condos (visible at top right in the photo at top).

None of the townhomes in the complex is currently listed for sale. The highest price paid for a townhome in the complex, according to MLS records, was $305,000 for a 1,664-sq.-ft unit last June. But a reader who is not a resident tells Swamplot that the main reason the residents rejected the offer was that the price was too low, “especially for the people that purchased and renovated within the past couple years. Also, it would be difficult to find a home in the area in that price range with the same appeal.”

Link: http://swamplot.com/randall-davis-tr...op/2014-04-17/

toxteth o'grady · #**6743** Posted **Apr 17, 2014, 7:57 PM**

According to BisNow, Tim Relyea of Cushman & Wakefield has presented a set of development maps that show how much is underway or expected to begin construction. I'd be interested to see those maps.

Meanwhile, FMC Technologies has begun construction in Generation Park. I don't recall the particulars of this project.

toxteth o'grady · #**6744** Posted **Apr 17, 2014, 8:03 PM**

Quote:

Originally Posted by Urbannizer

Anyway, the Hyatt Hotel is no longer on the map because the developer is now looking at selling the land.

I wonder if the Hyatt Regency in Uptown/Galleria is a replacement for that?

natenate · #**6745** Posted **Apr 17, 2014, 8:32 PM**

Quote:

Originally Posted by Urbannizer

I actually hope they don't succeed in buying these town homes. I like the site (apartments) next to Uptown Park and Camden Post Oak that they've been trying to buy for a while. A Condo would look much better there instead on San Felipe and Fountain View.

ktp7 · #**6746** Posted **Apr 17, 2014, 8:49 PM**

Quote:

Originally Posted by Urbannizer

I got my hands on the new downtown development for April. It's not officially online yet. Here's a list of what is new:

New Projects:
#28 - Aloft Hotel: Stowers Building Conversion
#30 - Hilton Garden Inn: 12-floors, 230 hotel rooms.

Revised Projects:
#1 - 1111 Travis: 24-floors, 1Q 2016 Completion. Up from 23-floors
#20 - One Market Square: 41-floors, 1Q 2017 Completion. Formerly known as "International Tower"
#22 - Block 98: 39-floors, 314 units. Up from 38-floors, 299 units.
#27 - Camden Property Trust Residential: 21-floors, 580 units. Up from 12-floors, 518 units.

Removed Projects:
Hyatt Place: 11-stories, next to Hampton Inn/Homewood Suites. Cancelled?

Great news! Much more exciting than the two suburban-style hotels announced for the Energy Corridor yesterday.

Urbannizer · #**6747** Posted **Apr 17, 2014, 9:11 PM**

Quote:

Originally Posted by toxteth o'grady

I wonder if the Hyatt Regency in Uptown/Galleria is a replacement for that?

I wouldn't think so. Two different developers, two different areas, and the one for downtown was going to be a Hyatt Place. I actually don't mind that the project is being cancelled, didn't care for the design. Hopefully something better & taller goes up on that site.

Urbannizer · #**6748** Posted **Apr 17, 2014, 9:19 PM**

Block 98: Hi-res rendering.

natenate · #**6749** Posted **Apr 17, 2014, 10:13 PM**

Quote:

Originally Posted by Urbannizer

Block 98: Hi-res rendering.

Will the new hotel stretch to that parking lot and take its place or will the hotel not stretch that far and the lot will stay?

N90 · #**6750** Posted **Apr 17, 2014, 10:20 PM**

Quote:

Originally Posted by natenate

Will the new hotel stretch to that parking lot and take its place or will the hotel not stretch that far and the lot will stay?

The hotel will be on that lot.

natenate · #**6751** Posted **Apr 17, 2014, 10:56 PM**

Quote:

Originally Posted by N90

The hotel will be on that lot.

Thanks, I just noticed the skywalk

N90 · #**6752** Posted **Apr 17, 2014, 11:31 PM**

Quote:

Originally Posted by Urbannizer

I wouldn't think so. Two different developers, two different areas, and the one for downtown was going to be a Hyatt Place. I actually don't mind that the project is being cancelled, didn't care for the design. Hopefully something better & taller goes up on that site.

I just took it as Hilton Garden replacing it. One added and one removed, about the same size and starts in Q4 this year just like the Hyatt.

Lateral move IMO.

Urbannizer · #**6753** Posted **Apr 18, 2014, 1:47 PM**

Soil testing at Block 98, 4/17

edit: and another rendering.

Clev · #**6754** Posted **Apr 18, 2014, 3:36 PM**

The pool looks great. I would have personally rather the pool be facing the Downtown skyline rather than Discovery Green, but it looks nice.

toxteth o'grady · #**6755** Posted **Apr 18, 2014, 4:06 PM**

Major day for permits, based on HBJ. Both 3737 Buffalo Speedway and Millennium 2 are under contract (3737 already has the crane up), Westway Park is going up at 5060 Westway Park Boulevard (any renders on that one?), Heartis has started an assisted living center in Clear Lake, another Patel is building a Spring Hill Suites hotel in Park Ten, Woodbranch is underway (12120 Wickchester Lane), and the permit for the Astoria was approved (sounds like closing the barn after the horse is out). And a tubular fabrication building is going up in North Houston. Busy, busy...

Urbannizer · #**6756** Posted **Apr 19, 2014, 4:06 AM**

The Flats on Fairview: New 8-story condo building at 2312 Commonwealth St.

http://flatsonfairview.com/

KevinFromTexas · #**6757** Posted **Apr 19, 2014, 9:31 AM**

^I like that. We could use a few projects like that on lots that are affected by the capitol view corridors.

Cory · #**6758** Posted **Apr 19, 2014, 1:52 PM**

^I like it!

Urbannizer · #**6759** Posted **Apr 19, 2014, 7:23 PM**

Quote:

Originally Posted by KevinFromTexas

^I like that. We could use a few projects like that on lots that are affected by the capitol view corridors.

It's similar to some of the mid-rise buildings on the West Coast. That area of Austin can definitely stand out if a lot of projects like it were put up there. I think we'll eventually see more of them here.

King DenCity · #**6760** Posted **Apr 19, 2014, 11:38 PM**

with all these projects going on Houston is definitely top 4 on my list of best big cities!