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Thursday, April 17, 2008

Corner of Hazard: The Fall of Martha Turner Properties

April 17, 2008 – 11:19 pm

Demolition of Former Martha Turner Properties Building, 1902 Westheimer Rd., Houston, April 17, 2008

Swamplot reader Buildergeek sends pictures from the demolition of the former Martha Turner Properties building at the corner of Westheimer and Hazard.

Whatever’s happening to the site, it sure doesn’t sound like what Nancy Sarnoff reported a year and a half ago in the Chronicle:

The old headquarters of Martha Turner Properties near River Oaks has been sold for the third time in as many years to a florist who plans to gut the property, add a floral showroom and lease out space to other businesses.

The owners of Plants ’n’ Petals, a 25-year-old flower shop located near Highland Village, purchased the former real estate office at 1902 Westheimer for an undisclosed amount. . . .

The renovations will include installing windows on the Westheimer-facing facade, gutting the interior and adding a mezzanine for offices.

The building will have about 12,000 square feet of space when it’s finished by the end of 2008.

After the jump: Clearly, the building was too close to the street!

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11:19 pm | 1 Comment | Read more about Commercial Real Estate, Demolitions, Hazards, Neighborhoods: Winlow Place, Proposed Developments, Streets
Monday, March 31, 2008

Logos and Lines: Cypress Outlet Mall Reader Reports

March 31, 2008 – 5:46 pm

Houston Premium Outlets, Cypress, TX

Reader photos and reports from the Houston Premium Outlets opening on 290 last weekend:

I had heard somewhere that the mall was supposed to have a Southwest theme, but with all the logos plastered over the entrance towers, it looks like they might have been aiming for Early NASCAR. Aside from that, though, it’s a surprisingly nice place. Yeah, there were lots of people there, but once you get out of your car, the mall handles crowds well. It’s much nicer than a lot of Houston non-outlet malls, and a whole lot less cheesy or pretentious.

After the jump: those logo-festooned towers and more on-the-spot pix! Plus: Chicken Now: Here. Now!

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5:46 pm | 2 Comments | Read more about Commercial Real Estate, Malls, New Construction, Openings and Closings, Parking, Restaurants, Retail, Shopping Centers

North Montrose and Memorial Heights: Look at Us Now

March 31, 2008 – 11:52 am

Alley Behind Townhomes Between Clay and W. Dallas, Houston

If you’re curious what the upper reaches of Montrose Blvd. look like from the viewpoint of an actual pedestrian, you’ll want to see blogger Charles Kuffner’s recent annotated photo walking tour of the area. Kuffner, who lived on Van Buren St. in the nineties, describes more recent developments on and around Montrose and Studemont — from West Gray north to Washington:

I did this partly to document what it looks like now - if you used to live there but haven’t seen it in awhile, you’ll be amazed - and partly to point out what I think can be done to make the eventual finished product better. . . .

My thesis is simple. This is already an incredibly densely developed corridor, and it’s going to get more so as the new high rise is built [see Swamplot’s story here] and several parcels of now-empty land get sold and turned into something else. It’s already fairly pedestrian-friendly, but that needs to be improved. And for all the housing in that mile-long stretch of road, there’s not enough to do.

Kuffner’s guide is a Flickr photo set. You’ll get the most out of it if you view it as a slideshow with the captions turned on (on the link, click on Options in the lower right corner, then make sure Always Show Title and Description is checked).

After the jump: A few more photos from Kuffner’s tour, plus an ID on those new condos behind Pronto!

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11:52 am | Comment | Read more about Apartments, Commercial Real Estate, Condos, Development Strategy, Neighborhoods: Memorial Heights, Neighborhoods: Montrose, New Construction: Residential, Redevelopment
Friday, March 28, 2008

Borlenghi: Houstonians Unclear on the European Concept

March 28, 2008 – 11:34 am

Arturo’s Uptown Italiano Restaurant in Uptown Park, Houston

Interfin Companies president Giorgio Borlenghi, who developed Uptown Park and the Hotel Granduca, explains how it’s done:

. . . developers must not forget the principles we Houstonians like so much such as ease of access to the various components of the building and plentiful and readily available parking. As an example, when we planned Uptown Park, we decided to keep it exclusively retail to allow our patrons to park directly in front of the shops and restaurants without having to deal with multistory parking structures.

Keeping Uptown Park “exclusively retail,” of course, meant that his luxury hotel had to go across the street:

I created Hotel Granduca as a unique, elegant and extremely exclusive boutique hotel for the Uptown/Galleria area. I wanted it to be very different from all the other hotels: It had to feel very Italian, of course, and to have a true residential setting, so that it could be someone’s home away from home. What surprises me is that a number of people in Houston are still not understanding this very European concept and somehow think that Granduca is not a regular hotel, but some type of apartment building.

Photo of Arturo’s Uptown Italiano restaurant in Uptown Park: Flickr user heyjebbo

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11:34 am | Comment | Read more about Apartments, Commercial Real Estate, Development Strategy, Hotels, Mixed Use, Neighborhoods: Galleria, Parking, Real Estate Marketing, Retail, Shopping Centers
Thursday, March 27, 2008

Outlet Mall Grand Opening: Cypress Will Never Be the Same

March 27, 2008 – 6:38 pm

Drawing of Houston Premium Outlets in Cypress, TexasIf the popularity of our story earlier this week about the Houston Premium Outlets is any guide, the new outlet mall off 290 in Cypress ought to be absolutely swamped this weekend. And hey — we didn’t have much to say about it, other than to report that the mall opens today. (And no, Swamplot isn’t offering any discounts, either.)

Evidently, a lot of people want to find out about this place.

So if you do decide to brave the crowds this weekend and have a look around yourself, feel free to send us your reports, videos, or photos — so we can share them with the Googling hordes online.

Drawing of Houston Premium Outlets: Chelsea Premium Outlets

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6:38 pm | Comment | Read more about Commercial Real Estate, Malls, Neighborhoods: Cypress, New Construction, Openings and Closings, Retail, Shopping Centers
Tuesday, March 25, 2008

Houston Premium Outlets: The New Outlet Mall in Cypress

March 25, 2008 – 7:12 pm

Houston Premium Outlets, Cypress, Texas

Update: On-the-spot reader reports!

Fairfield residents: You picked the right location! Just outside your neighborhood’s front gates, a huge new outlet mall is scheduled to open . . . in just two days!

What’s going to be there? The Ecko Unltd. outlet store! The Juicy Couture outlet store! The Under Armour outlet store! Jody Maroni’s Sausage Kingdom! And Chicken Now! They’re all opening this Thursday, March 27th!

Well . . . almost. As a commenter on HAIF points out, you’ll apparently have to wait for Chicken Now, which on the Houston Premium Outlets website is listed only as “opening soon.” The site indicates 100 stores in the 427,000-square-foot outdoorish highwayside complex will be ready for this weekend’s grand opening. 13 more are slated to open later.

After the jump: you’ll look askance at the plans!

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7:12 pm | Comment | Read more about Commercial Real Estate, Malls, Neighborhoods: Cypress, Neighborhoods: Fairfield, New Construction, Openings and Closings, Restaurants, Retail, Shopping Centers
Monday, March 24, 2008

Sanctioned by the Congregation: The Office Building Next to First Baptist

March 24, 2008 – 11:25 pm

Rendering of Proposed Hines Office Building Adjacent to First Baptist Church, Houston

A reader directs our attention to this proposed 16-story office building facing the south side of the Katy Freeway, just outside the Loop — on the current site of a Houston’s First Baptist Church parking lot.

Hines plans to build the office building and an 11-level, 1,500-car parking garage on the lot, which the developer would lease from the church. The congregation has already voted to authorize church representatives to finalize and sign a 99-year ground lease for the property.

The garage would help solve the church’s chronic parking problems: According to the HFBC website, 300 cars currently park off-site on weekends. With the Hines development, the church would lose the 480 spaces in the lot now available during the week, but gain 1,500 spaces for church use on weekends and after office hours.

Below the fold, lots more images of the proposed office building and garage on HFBC property.

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11:25 pm | Comment | Read more about Commercial Real Estate, Development Strategy, Houston Architects, Neighborhoods: Bayou Woods, Neighborhoods: Memorial, Office Buildings, Parking, Proposed Developments
Tuesday, March 18, 2008

Cullen’s Upscale: The Big Green Restaurant in Clear Lake

March 18, 2008 – 12:35 pm

Rendering of Cullen’s Upscale American Grille on Space Center Blvd., Houston

A restaurant scheduled to open today just beyond Beltway 8’s southeastern elbow is the first “Certified Green Restaurant” in Houston approved by the Green Restaurant Association. Cullen’s Upscale American Grille completed 17 of the GRA’s environmental guidelines.

The grille’s proprietor is first-time restaurant owner Kevin Munz, who previously built a chain of 13 Houston-area pawn shops. He sold the Mr. Money Pawn shops to Cash America International in 2006. Two years before that, he bought 92.8 acres of undeveloped land at the eastern edge of Ellington Field and began planning Clearpoint Crossing, a series of strips along the west side of newly extended Space Center Blvd., featuring retail/lease space, a professional-office park, and a multifamily residential project.

Cullen’s is intended to be Clearpoint Crossing’s main attraction: a 37,000-sq.-ft. Las Vegas-style eatery with seven private dining rooms — including one built of glass and suspended over the main dining area — a ballroom, space for outdoor dining, and seating for 700 diners. Customers will have their choice of china: Wedgwood, Versace, or “the Titanic.” Munz spoke to the Houston Chronicle’s David Kaplan about his plans for Cullen’s last year:

“I’ve been all over the U.S. and looked at restaurants. It’s the best of a bunch of different concepts and putting them into one, Munz said. “It’s the same thing I did with pawnshops.”

Munz told the South Belt-Ellington Leader he hopes to attract customers driving from as far northeast as Baytown and as far south as Galveston to his green restaurant, saying he “wouldn’t have done this in town.”

Munz expects the Clearpoint Crossing’s land value to “go up the day I open the restaurant,” he told Kaplan. That would be today!

After the jump, a plan of the whole Clearpoint Crossing development. Plus, a few of the restaurant’s green features!

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12:35 pm | 15 Comments | Read more about Commercial Real Estate, Green Design and Development, Land Development, Mixed Use, Neighborhoods: Clear Lake, New Construction, Openings and Closings, Real Estate Marketing, Restaurants, Retail, Shopping Centers
Monday, March 17, 2008

New Memorial Hermann Tower: Great Location for a Head Office

March 17, 2008 – 9:54 am

Memorial Hermann Tower at I-10 and Gessner Under ConstructionNewspaper and radio technology answer guy Jay Lee snaps this photo of the new 30-story Memorial Hermann tower going up along I-10 next to the Memorial City Mall . . . then posts it to the “Look Like a Robot” photo pool on Flickr.

Does he realize offices in that robot-head are available for rent? From a January report in the Houston Business Journal:

Marshall Heins, Memorial Hermann’s real estate guru, says he gets asked about the cone at least four or five times a day by inquiring citizens.

The top three floors of the cylinder will house mechanical systems, but the bottom three floors will house small offices. . . .

The cone’s footprint is 2,500 to 3,000 square feet, while the office floors below in the main building have a 25,000-square-foot floor plate.

Building developer MetroNational Corp. will lease the three small floors to tenants, but Memorial Hermann will not be one of them. No word yet from MetroNational on who might occupy the special space.

After the jump: what the whole thing’s supposed to look like when it’s finished!

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9:54 am | 3 Comments | Read more about Commercial Real Estate, Highrises, Medical Buildings, Neighborhoods: Memorial City, New Construction, Real Estate Marketing
Friday, March 14, 2008

More Surface Deals Surface

March 14, 2008 – 8:44 am

From Abc13’s Wayne Dolcefino:

To get the winning hand, it helps to have the luck of the draw. Maybe that’s what Michael Surface has.

In January of 2005, one of his corporations buys an old H-E-B store on Antoine. The appraised value — $1. 2 million.

Two months later, Harris County announces it’s looking for a big building to replace Commissioner Lee’s Annex A in the same neighborhood that Michael Surface now owned his old H-E-B.

Maybe it was just a lucky hand for Mr. Surface. But years earlier, he was the guy in charge of Harris County’s building department.

(Hey, isn’t this the same guy who brought in the proposal to redevelop the Astrodome into a hotel? Good thing he’s outta there, so that deal can go forward!)

. . . tax records show [Surface] sold the [H-E-B] building and land to a corporation called HC5815 for $2.2 million. That corporation, in turn, got the winning hand months later. The head of that corporation was David Blumhardt from Dallas, who we’ve learned got the winning hand in at least nine Harris County real estate deals. His local representative on the Antoine project was the guy whose name we found on a worn out real estate sign — Jason G. Hall, Weston Partners, Ltd.

Where have I heard that name before?

Jason Hall used to work for Michael Surface at Harris County. Now, his real estate operation is located in Michael Surface’s offices.

When Jason Hall worked for the county, one of the projects he evaluated was 2525 Murworth. It’s now the home of Children’s Protective Services, part of a $35 million county real estate deal developed by Michael Surface just months after he left county government.

After the jump: a longer view!

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8:44 am | Comment | Read more about Buying and Selling, Commercial Real Estate, Development Strategy, Public Buildings, Real Estate Investing
Thursday, March 13, 2008

Houstonian Texas Medical Center: Slow Multimedia Reveal

March 13, 2008 – 10:23 am

View from Main St. of New Houstonian Hotel and Condominiums, Texas Medical Center, Houston

From fuzzy video stills to washed-out photocopies: In the agenda handout for today’s Planning Commission hearing are hazy images that provide even more details about the new 40-story hotel and condo tower Medistar wants to build on Main St. in the Medical Center, at the eastern boundary of Southgate.

The drawing labels identify the hotel as the Houstonian Texas Medical Center, or Houstonian TMC for short. The architect is the Hill Glazier Studio of HKS, out of California. And a section drawing gives an actual height for the tower.

After the jump: It’s very tall!

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10:23 am | Comment | Read more about Commercial Real Estate, Condos, Highrises, Hotels, Neighborhood Associations, Neighborhood Disputes, Neighborhoods: Southgate, Neighborhoods: Texas Medical Center, Proposed Developments
Tuesday, March 11, 2008

High Street: Under Way

March 11, 2008 – 11:21 am

Rendering of Building in Trademark Properties’ Proposed High Street Development

The square footages appear to have adjusted a bit since our last report, but Trademark Properties says it has its financing, and that High Street is a go. From a report in Globe St.:

The Fort Worth-based Trademark Property Co. and Coventry [Real Estate Advisors Ltd. of New York City] are redeveloping a seven-acre site of the former Central Ford dealership at 4410 Westheimer Rd. In turn, the JV signed a partnership pact with Indianapolis-based Kosene & Kosene Development Co. for the residential component of High Street. The redevelopment will have 233 apartments atop 100,000 sf of retail and 80,000 sf of office in a separate structure. The foundation’s been poured for the office building, with residential and retail to go vertical in 60 to 90 days.

After the jump, another pretty picture!

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11:21 am | Comment | Read more about Apartments, Commercial Real Estate, Financing, Mixed Use, Neighborhoods: Highland Village, Office Buildings, Proposed Developments, Retail, Shopping Centers
Wednesday, March 5, 2008

Greenway Commons: Gas Station Too!

March 5, 2008 – 11:42 pm

Greenway Commons Costco at Richmond and Weslayan, Houston

Didja know that the new Costco going up on the former site of the HISD headquarters building at the corner of Richmond and Weslayan . . . is gonna have its very own gas station right out front?

Costco liked the idea of coming inside the Loop so much . . . it decided to bring all its friends! The city just issued a building permit for the new Costco Fuel station. But that’s just the latest addition to Greenway Commons, which is turning out to be quite a mix: A 45,420-sq.-ft. LA Fitness is going above the Costco, next to a 4-story parking garage which is connected to a 2-story retail strip center. It’ll all be protected from the busy surrounding streets by more than 500 surface parking spaces and 2 corner pad sites slated for “banks.” In back: a 550-unit Morgan Group luxury apartment complex . . . with two more separate garages!

After the jump, more drawings and plans of this surprising development.

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11:42 pm | Read more about Apartments, Commercial Real Estate, Neighborhoods: Greenway Plaza, New Construction, Parking, Proposed Developments, Retail, Sprawl, Strip Centers

Storefront Ad: Midtown Full Frontal Oddity

March 5, 2008 – 11:12 am

Storefront Ad for Red Bull Art of Can Competition and Exhibition on Elgin St., Midtown, Houston

Here’s one advantage if you’re one of the not-so-large number of retail centers in Houston that doesn’t have a parking lot in front: If business ain’t so hot, you can always sell the highly visible adspace on your facade!

A reader sends in this photo of an ad for Red Bull’s Art of Can competition on the streetfront of a retail center on Elgin, across from the Calais apartments in Midtown. The Maple Leaf Pub is two doors down.

Is this the future of retail real estate? Sure, we’ve all seen ads painted onto the sides of old buildings and the giant window stickers on David’s Bridal storefronts, but doesn’t this go a bit . . . beyond that? Think of the possibilities: Stores . . . with ads covering their entire fronts, advertising . . . other stores. Or anything.

Forget billboards, graffiti, and wheatpaste posters. When this new market really kicks in, we’ll see Houston for its revenue-generating possibilities: We’ve got acres and acres of exploitable advertising space.

Tyvek Housewrap was only the beginning.

What comes after Tuscan-themed shopping centers? Billboard-themed shopping centers!

After the jump: a second photo, so you can get your Red Bull straight.

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11:12 am | Read more about Art, Commercial Real Estate, Neighborhoods: Midtown, Real Estate Investing, Retail, Shopping Centers
Friday, February 29, 2008

Discovery Tower: Yep, They Are Wind Turbines

February 29, 2008 – 3:50 pm

Top of Proposed Discovery Tower, Downtown Houston

From our email comes a message from a reader who has heard from someone involved in the project that the white poles shown at the top of the new Discovery Tower drawing are . . . indeed, wind turbines.

So . . . if they do end up being put in, how much energy will they bring to the building? And . . . how many tenants?

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3:50 pm | Read more about Commercial Real Estate, Green Design and Development, Highrises, Neighborhoods: Downtown, Office Buildings, Proposed Developments, Real Estate Marketing
Thursday, February 28, 2008

Discovery Tower: Ready for Closeup?

February 28, 2008 – 5:13 pm

Rendering of Discovery Tower by Gensler, Downtown HoustonThanks to an alert poster on HAIF, we now have a more up-to-date and better view of Discovery Tower, Trammel Crow’s 30-story office building — designed by Gensler and planned for a perch on the north side of Discovery Green Downtown.

Other HAIF participants have been speculating whether the shorter white poles at the top of the image are supposed to be . . . wind turbines!

Well, are they? Scrutinize a larger version of the rendering and judge for yourself . . . below the fold.

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5:13 pm | Read more about Commercial Real Estate, Green Design and Development, Houston Architects, Neighborhoods: Downtown, New Construction, Office Buildings, Proposed Developments