09/28/12 2:38pm

The retail tenants at the bottom of the Americana Building at 811 Dallas across Travis St. from Macy’s downtown have just about cleared out, reports a reader: Popeye’s, the Travis Food Store, and Zero’s Sandwich Shop (pictured at right) are already gone. Fast Signs has a sign up saying it’s moving soon. Subway is still open, but the reader reports hearing that its lease has been bought out. When the James Coney Island on the ground floor of the 15-story office block shut down 2 years ago after 35 years in the same location, a spokesperson complained to KHOU 11 News that the restaurant had been forced to close “because their building is falling apart, but the landlord won’t fix it.”

Photos: Boxer Property (top); Swamplot inbox (below)

09/28/12 11:05am

THREE MORE LINKS IN THE GRAND PARKWAY ARE NOW READY TO ROLL Yesterday the Texas Transportation Commission rubber-stamped TxDOT’s selection of a developer for 3 additional segments of the Grand Parkway — if you count FM1960 and Hwy. 6, Houston’s fourth ring road. Segments F1, F2, and G of State Hwy. 99 will run from Hwy. 290 east to the newly minted I-69 (also known as U.S. 59). Along the way, the new stretch will rub elbows — conveniently — with the new ExxonMobil campus in the former pine forest west of the I-45 intersection and the start of the Hardy Toll Rd. Zachry-Odebrecht Parkway Builders will be in charge of the $1.04 billion project. Construction is expected to start next year, with the toll road opening in 2015. [TxDOT] Map: Tollroads News

09/28/12 8:30am

Photo of Galveston Pleasure Pier: Russell Hancock via Swamplot Flickr Pool

09/27/12 3:57pm

COMMENT OF THE DAY: A DIFFERENT KIND OF MONEY “Could the banality and sameness of what developers in Houston are constructing be in part to changed lending standards by the banks? Back in the 1970′s Gerald Hines developed very innovative office buildings for the day, employing famous architects for the design. Pennzoil Place is no cookie cutter “international style” box, that’s for sure. But back then, we didn’t have interstate banking either. For those of you born post 1985, that means ALL of our banks were headquartered in Texas. I’d assume Hines went to see Ben Love at Texas Commerce Bank, or the guys at Allied Bank, and they worked out the loans. Today, those loan officers are in New York or Charlotte, and don’t want to risk their bank’s money on something avant garde. Also, developers today rarely keep their portfolios together more than a few years. They ‘flip’ their completed properties to REITs so that they have the capital to build something else. When you need to turn your property over quickly, it’s best to have something the buyers understand, and that didn’t cost so much per square foot that you can’t make a profit selling it in 18 months. A REIT just wants to purchase something with what they feel will be a certain stream of income over a 10 year time horizon. They are oblivious to the fact that it’s not a thrilling design.” [ShadyHeightster, commenting on The Muse Moving in Next to the Post Office in Castle Court]

09/27/12 3:39pm

A DOWNTOWN ART OVERNIGHT Blogger Robert Boyd is putting on his own art fair to coincide with next month’s Texas Contemporary Art Fair at the GRB. The Pan Art Fair will be housed in a (yet-to-be determined) room in the neighboring Embassy Suites Hotel, across from Discovery Green. Salon des Refusés or after-fair party pad? Maybe a little of both: Individual artists aren’t allowed to set up their own booths at major art fairs — Boyd’s hotel-suite extravaganza has already signed up 2 artists and 2 galleries. “I grew up going to comic book conventions, and art fairs are basically the same thing, except more expensive, more fashionable and less nerdy,” he writes. He’s hoping to drum up more competition: “Renting a suite at the Embassy Suites is not all that expensive. If four artists get together, they could rent a suite for the entire length of TCAF for about $250 apiece.” [The Great God Pan Is Dead] Photo of Embassy Suites, 1515 Dallas St.: Candace Garcia

09/27/12 9:00am

Photo of 713 Inc. Art & Apparel, 1912 N. Main at Henry: Candace Garcia

09/26/12 1:25pm

A top-heavy brick tower tacked onto the front and Euro touches inside this designer-owned spread morphs a 1968 Lynn Park home into a something less provincial and more Provençal — or so the listing suggests. The slightly asymmetrical corner-lot property is a block east of the railroad tracks and two blocks north of Richmond Ave. at Drexel Dr. It’s a newly re-listed home seeking $899,900 with a new agent and agency, after a summer fling with a price tag $25K higher.

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09/26/12 10:59am

What’s to become of the Andover Richmond Apartments at the corner of Richmond and Graustark after all the residents move out? This, after a little site-scraping: A 270-unit Trammell Crow complex called The Muse. A source tells Swamplot the 4-stories-over-garage concoction will be very similar to the Alexan West University going up on the former site of the Courts at West University at Law and Bissonnet — but without all the angles dictated by that stealth-fighter-shaped site. EDI Architecture is the designer for both apartment projects. Here’s a plan of the top-of-garage level at 1301 Richmond:

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09/26/12 8:30am

Photo of bus shelter installation, West Tidwell and Wheatley: KUHF