My hope is that the downtown area will eventually be like Austin's, which is absolutely phenomenal. A decade ago, Austin's downtown was dead, and really an embarrassment. Today...well, if you've been to Austin's downtown, you know what it's like. I think Houston can do it as well.
I hope it shuns the college students though. One of the main things I like about downtown Houston right now is that you can go to the bars and actually enjoy yourself without the issue of dude bros all over the place getting wasted with their other dude bros. That's managed to stay on Washington and Midtown thankfully.
Austin's DT today is easily the best in the South.
Fort Worth seems to think theirs is pretty amazeballs. Sundance has helped, and they're hoping to get the Panther Island development off the ground. But so far it's pretty static; nothing new is actually under construction, now that the courthouse is just about done.
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"This will be good for the city"
Fort Worth seems to think theirs is pretty amazeballs. Sundance has helped, and they're hoping to get the Panther Island development off the ground. But so far it's pretty static; nothing new is actually under construction, now that the courthouse is just about done.
Austin and Ft. Worth are apples and oranges. FW has more of an old school traditional "Texas" feel to it while Austin is channeling the coasts. Both have great downtowns and are about as equally as vibrant. I can see where FW would appeal more to the over 30 crowd though. Austin is still a college town.
Austin and Ft. Worth are apples and oranges. FW has more of an old school traditional "Texas" feel to it while Austin is channeling the coasts. Both have great downtowns and are about as equally as vibrant. I can see where FW would appeal more to the over 30 crowd though. Austin is still a college town.
Just gonna nudge this back to talking about Houston stuff. Ft. Worth and Austin ain't got nothin' on Houston.
Austin and Ft. Worth are apples and oranges. FW has more of an old school traditional "Texas" feel to it while Austin is channeling the coasts. Both have great downtowns and are about as equally as vibrant. I can see where FW would appeal more to the over 30 crowd though. Austin is still a college town.
I'm sorry, but Austin is no longer a "college town", and there is no equal to downtown vibrancy than Austin in the south. It's been crazy how it's transformed itself in 5 years.
Intercontinental Hotel and Greystar Apartments: Previously known as 6750 Main, this project now includes a 32-story, 400-unit residential tower!
Yes! Love the location and hope some more hotel/residential is added along this strip of the TMC in the future. Hopefully medical tourism will increase the need for more hotel rooms.
Also, really love this picture because it shows off how dense the TMC is.
Houston developer closes on prime property near downtown for luxury apartments
A multifamily developer has purchased a prime piece of real estate near downtown for a new luxury apartment project that the city of Houston hopes will revitalize the neighborhood.
Lee Zieben, an award-winning luxury homebuilder-turned-apartment-developer, plans to build a four-story, 350-unit Class A apartment on a portion of Hardy Yards, a long-vacant railcar maintenance yard in Houston’s Near Northside neighborhood.
The $58.5 million project — called Residences at Hardy Yards — is an unique public-private partnership between the Zieben Group, the city of Houston, the Houston Housing Finance Corp. and CommunityBank of Texas that aims to redevelop the industrial site and kickstart future development just north of downtown Houston.
“I like a challenge. I want to develop something that has a transformative and positive effect on an area,” said Zieben, a second-generation apartment developer and Houston native. “This project will be the catalyst that spurs redevelopment of the Near Northside.”
Zieben said the project will attract professionals working downtown as well as teachers, police officers and firefighters looking for luxury living on a bargain. Zieben Group plans to break ground on the project in spring 2016. Construction is expected to take 36 months.
"The slowdown in the energy sector is impacting office leasing in The Woodlands, says Colliers co-chairman Bob Parsley. But Howard Hughes is balancing that out by starting new ventures, EVP Paul Layne tells us. The firm is creating a new self-storage division, which will break ground on its first property in the next three months. The team also just broke ground on an 84-unit high-rise condo property in Waterway Square. If it’s successful, Paul says, Howard Hughes could do more condo development. We snapped Paul with his son Kevin Layne, who just joined Signorelli Cos..."
Oil's up $3 on the day, and Bloomberg reports that part of the reason prices were depressed is that refining was held back for a while by maintenance. Margins for gasoline are such that a lot of crude is expected to get processed this Spring and Summer.
And Saudi Arabia just boosted prices for its Asian customers. Temporary blip?
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"This will be good for the city"
"The slowdown in the energy sector is impacting office leasing in The Woodlands, says Colliers co-chairman Bob Parsley. But Howard Hughes is balancing that out by starting new ventures, EVP Paul Layne tells us. The firm is creating a new self-storage division, which will break ground on its first property in the next three months. The team also just broke ground on an 84-unit high-rise condo property in Waterway Square. If it’s successful, Paul says, Howard Hughes could do more condo development. We snapped Paul with his son Kevin Layne, who just joined Signorelli Cos..."
Oil's up $3 on the day, and Bloomberg reports that part of the reason prices were depressed is that refining was held back for a while by maintenance. Margins for gasoline are such that a lot of crude is expected to get processed this Spring and Summer.
And Saudi Arabia just boosted prices for its Asian customers. Temporary blip?
Waterway Square has been open for several years. It is a plaza on The Waterway.
The condo is new; I wasn't sure it had officially broken ground.
Siemens is establishing an oil and gas headquarters in Houston. These consolidation moves always seem to occur during downturns, and they eventually benefit Houston when the market picks up.
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