- Sugar Land Home Builder Chris Sims Planning 40-Unit Luxury Residential Tower Aurora in the Galleria Area [Houston Chronicle]
- Hartman Buys Ashford Crossing II Building Near the Energy Corridor [Realty News Report]
- City Seeks Public Comment on First ‘General Plan,’ Will Hold Public Hearing on Aug. 20 [Houston Chronicle]
- Atlanta Pizza Chain Mellow Mushroom Signs Lease for 1919 N. Shepherd, Across 19th St. from Future Site of Dallas Pizza Chain Cane Rosso [HBJ]
- Public Meetings on U.S. 290 Widening Deal To Be Held Sept. 1 in Cypress, Sept. 3 in Houston [The Highwayman]
- A Tour of Houston’s Soon-To-Be-Extinct 26/27 Bus Route Along the Loop [Houston Chronicle]
- Confused Metro Riders Can Refer to a Trip Planner at Ridemetro.org, Text Messaging System, Help Line When Route Changes Go into Effect [Houston Press]
- Houston’s I-45 ‘Be Someone’ Graffiti Altered for Third Time in a Week [Houston Chronicle]
- Texas Lawmakers Demand Fix for Utility-Related Road Delays [Houston Chronicle]
- What It’s Like To Be Carless in Houston [Texas Monthly]
Photo of The Treehouse at Memorial City: elnina via Swamplot Flickr Pool
On one hand Chris Sims is right there are plenty of people who are not affected by stock market fluctuations or oil prices, but we always overestimate the number of such people as it comes to high end real estate market. Furthermore, Houston is still a single home culture, full service building is not all that attractive, especially with ridiculously high monthly maintenance fees, there are plenty of very high priced towers that have struggled for years to fill up (cheaper ones fill up with yuppies and Mexican drug money, errr investor visa purchases).
I’ve known Chris through the industry for a decade and his business model, the real reason he’s putting that thing up is because he got the financing just in time and he will make a boatload of money up front through loaded soft costs draws and front-loaded draw schedule. (we all do it)
Re “Saying goodbye to Houston’s other loop”, David Collins isn’t really covering any new ground (except that tomorrow is the last day of the route). Claudia Feldman did the same story about riding the 26/27 all the way around back in 2008: http://www.chron.com/life/article/Bus-route-gives-Houstonians-a-back-door-view-to-1764052.php
Re: City Seeks Public Comment on First “General Plan”
After reading the short Chronicle piece on it, I clicked on the link that opens the document. Talk about a fluff piece. Thirty pages of blather. I’m afraid that I’ll have to admit agreeing with some quoted City Council members who called it “amorphous” and some of the core directives “wishes and theories”.
What is more astounding is that it took 30 people to come up with this claptrap. Show me the list of the participants and I’ll show you 30 people who don’t have enough to do in their regular job.