06/07/13 11:00am

POST OAK BRT THAT MUCH CLOSER TO GETTING ITS MONEY After a month’s delay to take a longer look at the project, the transportation arm of the Houston-Galveston Area Council finally decided to go ahead and recommend that Uptown receive $62 million in federal funds to pay for the proposed Post Oak Blvd. bus rapid transit system. This is just a provisional step, of course, since 2 actual approvals, not mere recommendations, are needed — but it does move things along. Through tax revenue, Uptown is already paying for about half the estimated $148 million project. The Houston Chronicle’s Dug Begley is reporting that this federal money would help buy up $30 million of land so Post Oak could be widened for the bus lanes. [Houston Chronicle; previously on Swamplot] Drawing: Uptown Management District

06/06/13 12:00pm

If this deluxe 26-story residential tower is built, as proposed by Interfin and Pierpoint, it’ll add 44 new condos and 2 penthouses to Uptown’s deluxe stock. And it’ll come at a premium: The Houston Business Journal is reporting that the Kirksey-designed, so-called Belfiore will be built with just 2 4,650-sq.-ft. condos per floor, each going for about $600 per sq. ft. These pricey places are planned to start going up in 2014 on a site inside Uptown’s recently expanded tax zone, just west of the Loop on S. Post Oak Ln., near that horseshoe of Wynden Dr.

Rendering: Interfin

05/17/13 11:00am

So the days are numbered for Ruth’s Chris on Richmond — that much is obvious. And a reader sends us this photo showing the steakhouse’s next location, in that Uptown pad site where Prosperity Bank used to be at 5433 Westheimer. (And you can see the aloft Hotel in the background.) A rep from Ruth’s Chris says it should be open by July. And marketing materials from building owner AmREIT seem to position the steakhouse as an anchor for a redevelopment project on this triangular slice of property bound by Westheimer, W. Alabama, and Yorktown: A flyer on the company’s website mentions “a renovated office building” that doesn’t seem to have had a named tenant since Prosperity moved out and took its logo away almost 3 years ago. There’s also a second, 3,000-sq.-ft. retail space that AmREIT’s advertising as available on that building’s first floor. Attempts to contact AmREIT for details about the project haven’t been returned.

Photos: Swamplot inbox

04/12/13 10:15am

MAYOR PARKER’S PLAN FOR A BIGGER, FRIENDLIER UPTOWN TIRZ Why not both? Yesterday, Mayor Parker announced a $556 million plan that, if approved by city council on April 24, would fund the seemingly unrelated instead-of-light rail Post Oak BRT and Memorial Park reforestation: Uptown would annex 1,768 acres of property into the TIRZ, and a gradual increase in tax revenue over the next 25 years would help to keep the BRT operational and implement a program of park improvements. Those would include, says Houston Parks and Rec director Joe Turner in a city press release, “erosion control, removal of invasive non-native plants, the reestablishment of native grasslands and forests and facility needs.” Still: Only 36 acres of the property roped in for annexation would be taxable. And does this plan mean that BRT — first thought to be up and running by 2017 — will be delayed? Don’t worry, says Uptown Management District president John Breeding. Besides what will be generated by the more environmentally friendly TIRZ, money for BRT will come from TxDOT and — if approved by a vote on April 26 — Transportation Improvement Program grants from the Houston-Galveston Area Council. [City of Houston; previously on Swamplot] Drawing of Post Oak BRT: Uptown Management District

03/11/13 11:55am

GETTING TO THE BOTTOM OF THE WILLIAMS TOWER The $412 million sale last week of the Williams Tower seems to have provoked some curiosity in the Houston Chronicle’s Katherine Feser: Pursuing a lead from a retired employee that, were it not for those pesky FAA regulations, the record-breaking 64-story skyscraper would have been even taller, Feser goes into the paper’s archives and finds evidence that the tower’s slab was something to behold, too: “The foundation pour . . . started at midnight Friday and was completed early Saturday night. The contractor, J.A. Jones Co., said it was believed to be the largest continuous pour ever made in Houston — more than 10,000 cubic yards of concrete. There have been larger pours but they have been completed in several stages. The area of the poured mat is 200 feet by 200 feet, almost an acre.” [Prime Property; previously on Swamplot] Photo: Russell Hancock

02/26/13 3:15pm

And here’s what BHP Billiton Petroleum’s new 30-story tower might look like. The company announced yesterday that construction will begin at 1500 Post Oak in November on the fifth skyscraper at Four Oaks Place; the proposed 560,000-sq.-ft. building, going up where a vacant 24-Hour Fitness now sits, will be connected by a skybridge to the company’s existing 1360 Post Oak building. BHP says that the twinnish towers are meant to consolidate the company’s entire workforce in Uptown.

Rendering: Houston Business Journal

02/19/13 4:00pm

THE LUXURY POST OAK IMMIGRANT EXPERIENCE NEXT TO MCDONALD’S Randall Davis has completed the purchase of (most of) the 1405 Post Oak property where that long-standing McDonald’s was getting in the way of his Astoria development (the rendering of which is shown here), reports the Houston Chronicle‘s Nancy Sarnoff: The McDonald’s that appeared in last Monday’s Daily Demolition Report is expected to be replaced with a smaller one near the edge of the 30,466-sq.-ft. 1.23-acre property, making room for the 70 28-story luxury tower — with 3-bedroom units going for $1.3 million — that’s being marketed as a path of upward mobility: “Davis has been luring investors through the federal government’s EB-5 visa program where wealthy would-be immigrants can put $500,000 or $1 million into a job-creating commercial enterprise and become lawful permanent residents of the United States.” [Houston Chronicle ($); previously on Swamplot] Rendering: Randall Davis Company

01/17/13 1:31pm

The driving force of a project that Uptown Houston District has proposed to the city to transform Post Oak Blvd.? Big beautiful buses. With both residential and commercial developments like Skanska’s 20-story office building popping up along the major transit corridor and METRO’s Uptown/Gold Line nowhere in sight, the District has developed a $177-million project featuring light rail-like BRT to update Post Oak — a street “that has long outlived its original use,” says John Breeding, the District’s president.

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01/16/13 2:34pm

Back in 2010, Skanska said it was going to build and finance an office building in the Galleria all on its own. Swamplot showed you the first and second Kirksey-designed renderings. This one’s the third. And there’s another detail to add to the story: Skanska announced today that Datacert will be the first tenant. Though the planned 20-story, 300,000-sq.-ft. building at 3009 Post Oak is still under construction, Skanska says that Datacert should be able to move in on the 10th and 11th floors later this summer. Right now, the 15-year-old “enterprise legal management solutions” company is headquartered in a building a few doors down at 3040 Post Oak.

Rendering: Swamplot inbox