12/07/07 10:38am

Otto’s Bar B Que and Hamburgers on Memorial Dr., Houston

The owners of Otto’s Bar B Que and Hamburgers — a Houston institution since the early days of air conditioning — are retiring, closing up shop, tearing down their building at 5502 Memorial Dr., and putting it and the shopping center they own next door (including Biba’s Greek Pizza) up for sale, reports Allison Wollam in the Houston Business Journal:

Word of the end of Otto’s has already been circulating among customers, many of whom Sofka says are saddened to hear about the impending closure.

“If those people like it so much, where have they been?” she asks. “Why don’t they frequent our restaurant more? We still have our faithful that come in three times a week, but other than that, we’re stressing out each and every day to pay our bills.”

Maybe folks stopped coming by because there’s no chance they’ll run into Marvin Zindler there anymore? Anyway, it’s likely June and Marcus Sofka won’t have to stress about their bills for too much longer:

Real estate sources predict the land will sell for a minimum of $150 per square foot and say the highest and best use for the land would be a high-rise residential tower.

The Otto’ses in Sugar Land and Downtown are franchised, and will not be affected, reports Wollam, who also leaves us with this strange — but quintessentially Houstonish — image:

Another franchised Otto’s is scheduled to open next year in Chase Tower, and Sofka says the barbecue pits behind the original restaurant will be moved to the new Chase Tower location.

Photo: Flickr users Bob & Lorraine Kelly

11/08/07 11:22am

Randall Davis’s Proposed Titan Condo Tower on Post Oak Blvd. near the Galleria, Houston

Now that a drawing of the Titan condo tower has been posted on the proposed Galleria development’s website, it’s clear why Randall Davis wasn’t so worried that potential buyers would be distracted by the McDonald’s that’s gonna be rebuilt next door. One look at the Titan tower poised on top of its launch-pad parking garage, and you’ll likely become more concerned about lift-off than drive-thru.

Where are the rocket boosters? And will the heat-shield tiles stay on? Don’t worry — as with most Randall Davis projects, the Titan will only reach a comic-book-level approximation of its theme. To confuse things further, Michelangelo’s statue of David appears to have been chosen as the tower’s mascot.

11/07/07 12:23pm

Slow-motion news flash: City Council has just voted to put off a vote on the mayor’s whipped-up-in-a-jiffy highrise traffic ordinance for 90 days. The ordinance would have required traffic-impact studies for projects “very much like” the proposed Ashby Highrise, and allowed the director of public works to force building-size reductions as a result.

Guess those signs will be staying up through the holidays.

10/30/07 2:51pm

CEO David Wu told the Houston Business Journal last year, “It’s the sort of thing you’d see in Taiwan or Hong Kong, but we’re putting it here in the U.S.”

That’s a good description of Park 8: The Land of Oz. Here’s another one, from the project website:

The Park8 is carefully designed over and over again, improving to its perfect design today. More important, it nicely put urban life and nature together with equal force. With it’s high quality exterior finish, and it’s splendidly designed floor plans, the Land of Oz emphasis on unrestrained openness and convenience. Every penny is well worth for its consideration on security and safety issues, recreational areas, leisure activity clubhouses and beautiful landscaping design.

Wow.

How about a third try: three 26-story condo towers and a couple of parking garages on 17 acres next to Beltway 8, south of Bellaire Blvd., bounded by Arthur Storey Park on one side and parking lots for two two-story retail strips on the other. Also part of the project, but not shown on the plans: a new Chinatown General Hospital.

The first phase is under construction. And condos are for sale! All come with good Feng Shui and karaoke, courtesy of the 3CmyBox included in every unit. If you like the project video above, you’re going to love the development’s website, which includes a “Somewhere Over the Rainbow” soundtrack and prominently features six videos for the feature-packed 3CmyBox in the Photo Gallery section.

The project’s tagline:

A union of Western an Chinese Culture. A combination of fantasy and reality.

After the jump, off to see the Wizard!

CONTINUE READING THIS STORY

10/17/07 9:41am

Future Site of the Titan on Post Oak Blvd., with the Cosmopolitan Tower in the Background

Future residents of the Titan, the latest cartoon-themed condo to be announced by Randall Davis, will be pleased to learn that the two-story McDonald’s currently sitting on the tower’s proposed site on Post Oak Blvd. is not going away. It’ll just scoot over slightly—so that the 26-story, 80-unit luxury highrise can share the 50,000-square-foot site.

And just how prominent will those golden arches be at the Titan’s entrance?

Sure, it’s easy to poke fun of the luxury highrise next to the Mickey D’s, but think about it: If McDonald’s hadn’t been willing to risk its reputation by redeveloping next to a Randall Davis project, the Titan would never have had a chance:

The prime real estate, located across Garrettson from Willie G’s Seafood & Steak House, has been sought-after by developers for more than a year.

“We’re approached every day of the week,” says Kathy Burns, McDonald’s regional real estate manager in Houston. “We have brokers calling us all the time.”

Davis — who is replacing the former James Coney Island restaurant a block away with the Cosmopolitan high-rise — was able to strike a deal with McDonald’s because he was not set on a super-sized development.

“I was like everybody else. I wanted to buy the whole site,” Davis says. “But they didn’t want to give up the store.

“I figured out how to divide the site,” he adds. “I managed to fit my building on there, and leave them enough room for their prototype new store.”

Davis has once again demonstrated a remarkable talent for negotiating with fast-food restaurants. Only a few years ago, he was able to convince the owners of the lot across the street that his 20-story hot-dog Cosmopolitan tower (now under construction) would be a worthy successor to the James Coney Island that stood there. Of course, turning over a big bite of the development to the James Coney Island folks didn’t hurt his prospects either.

Expect the cars to be lining up in front of the newly recycled Titan sales trailer already on the McDonald’s lot. Okay, so maybe they’ll just be battling to get to the drive-thru, but there’ll be traffic!

10/05/07 9:16am

The O’Quinn Medical Tower at St. Luke’sWhy did St. Luke’s decide to sell the Texas Medical Center’s most recognizable building?

Once the tower sale goes through, St. Luke’s — which plans to lease back its current space on floors nine through 12 for continued hospital operations — plans to extensively renovate and update the 27-story patient tower, which opened in 1971. The original seven-story hospital building, built in 1954 and now used for administrative functions, will be torn down, and new facilities will be built on that space as well as possibly on other nearby undeveloped land owned by St. Luke’s, according to [St. Luke’s senior vice president David] Koontz.

“That is the ‘why’ behind the move to sell this medical building,” he says.

For sale: The Madonna tower. Designed by Cesar Pelli. Officially named only a couple of years ago for donor and breast-implant litigator John O’Quinn.

After the jump, a picture-postcard-perfect view of the original 1954 St. Luke’s Episcopal Hospital building, not long for this world.

CONTINUE READING THIS STORY

10/01/07 9:43am

Highrise Protest Sign on Rice Blvd. in Southampton

So much continuing excitement over the new 23-story tower proposed for the corner of Bissonnet and Ashby in Boulevard Oaks:

  • Mayor White sends the city a letter: “I will be prepared to use any appropriate power under law to alter the proposed project as currently planned.” Just wait’ll we get a mayor who’s actually an architect.
  • Next, the architect who wants to be mayor proposes a moratorium.
  • Gentle opposition guest editorial in the Chronicle: “Imagine the diminished joy of looking out from your peaceful garden . . .”
  • Wednesday: Protest rally!
  • Interesting traffic analysis from Off the Kuff commenter Trafficnerd:

    In my experience, the residents of the affected areas almost always object vociferously to the residential components of the project, yet give the typical ground level retail and restaurant uses a pass because they somewhat see those as desirable uses.

  • What’s it gonna look like? See an actual drawing of the proposed tower, after the jump! Yes, it’s cartoonish, but it doesn’t look like the cartoon.

CONTINUE READING THIS STORY

09/21/07 10:23am

Aerial View of Blvd Place

Having trouble leasing upscale retail space in your giant mixed-use redevelopment project? No prob. Just build sleek new quarters for your existing tenants first. When they move, demolish their old building and build your new project in its place. Somebody else has gotta sign up by then, right?

The Houston Business Journal gives some details of Wulfe & Co.’s plans at the Galleria-area Boulevard Place:

The first building will rise at the project’s southern boundary, at the northwest corner of Post Oak Boulevard and Ambassador Way. The 70,000-square-foot building will house seven tenants currently in the Pavilion on Post Oak and Fashion Place retail centers that are relocating to Blvd Place — including Cafe Annie, Americas and Hermes. Once the tenants move, the older retail centers will be demolished and the remainder of Blvd Place will go under construction.

Retail, of course, is just part of the picture. There’s a hotel, condos, and an apartment building in the project . . .

Wulfe would not disclose the hotel name because the hospitality company wants to make the announcement, probably in about a month. However, he did reveal that the 225-room luxury hotel will include 175 to 200 high-end condominiums on the upper floors.

Wulfe also said it is “pretty definite” that the apartment building will be developed by Houston-based Hanover Co. An industry source says Hanover plans to buy Wulfe’s land for a 55-story apartment tower, making it the second-tallest building in the Galleria area behind the Williams Tower.

But what about the rest of that retail?

Whole Foods Market Inc. announced last year that it will build a 78,000-square-foot flagship store at the southwest corner of Post Oak and San Felipe. There are currently no other new tenants signed.

No other new tenants signed? That leaves just over 350,000 square feet of planned retail space in the development still available. No word in the article either about the 120,000 square feet of boutique office space, mostly on two stories above the retail. And construction is scheduled to start next month.

Wulfe joked at last week’s Commercial Real Estate Women luncheon that come Oct. 1, “somebody’s going to be shoveling something” at the site . . .

After the jump: renderings of that superbig, supermod Whole Foods that ate Eatzi’s, plus more Boulevard Place images.

CONTINUE READING THIS STORY

09/20/07 8:16am

Cartoon of Highrise Planned for 1717 BissonnetOne advantage of keeping your Houston-style Big Tower in a Wealthy Residential Neighborhood project secret: You can plat the property, prepare traffic-impact studies, and upgrade utilities before anyone notices. One downside: Media-savvy neighbors might catch on and announce your project before you do. Or at least release renderings.

Here’s what Buckhead Investment Partners is saying about the 23-story mixed-use tower the company is planning for the current site of the Maryland Manor apartments, on the south side of Bissonnet near Dunlavy: A six-story base will include a 467-car parking garage, space for retail and a restaurant on the ground floor, and five live-work townhomes. An “amenity plaza” level on the sixth floor will have an exercise room, spa, and office space. Above it all: 17 floors of either apartments or condos.

Rainwater collection. LEED-Silver rating. Red-brick exterior with cast-stone details. But best of all is the spin:

The project design has been chosen so that all building residential units will be above the tree line, ensuring the greatest level of privacy for the surrounding neighborhood and the maximum view of Houston’s skylines and tree canopy from the units.

Emerging Boulevard Oaks development strategy: You won’t be able to see us, because we’ll be above the trees.

08/24/07 7:43pm

View of MainPlace, Hines’s Proposed 46-Story LEED Silver Office Building on Main Street in Downtown HoustonIt rises dramatically from the center of Downtown to face the morning sun. And the renderings sure make it look like a sleek, giant pipe wrench, the business end looking out over Houston’s industrial east side. Yep, there’s nothing the head office won’t be able to fix!

It’s MainPlace, a 46-story, one-million-square-foot green spec office tower, planned for most of the block surrounded by Fannin, Rusk, and Walker, at 811 Main.

The developer is the Hines CalPERS Green Fund, established by Hines and the California retirement fund to develop “sustainable” office buildings around the country. The core and shell, they promise, will be given a LEED-Silver rating by the USGBC. Don’t worry too much about all that, though: tenants will presumably be free to decorate their interiors with the usual endangered rainforest hardwoods and petroleum-based finishes.

That’s a five-story atrium up there on the 39th floor, facing a “sky garden.” Enjoy those trees in the rendering while you can; eventually, the engineers will start to think long and hard about hurricanes. More details and lots more zoomy pics, including closeups of that pipe-wrench jaw sky garden, after the jump.

CONTINUE READING THIS STORY

08/21/07 8:00am

Turnberry Tower Residences at the Galleria Exterior Rendering

This wide headstone, set to rise behind the Galleria Waterwall like a giant radiator grille poached from a 1948 Packard Custom 8, is Houston’s Turnberry Tower. At 34 stories (marked down from 42 threatened previously), it’ll reach just above the groin of the adjacent landmark Williams Tower.

The 184 condominium units inside, which will range from $1 million to $8.5 million, go on sale in two weeks when the 12,000-sf sales center opens. The building is scheduled to be finished by the start of the next decade.

What’ll $8.5 mil get you? One of two 15,000-sf units at the top, each of which boasts four bedrooms and—no, we’re not shitting you—nine-and-a-half bathrooms. Why will residents need so many?

For the entry-level price of $1 million, you’ll have to make do with less than 1800 square feet. But all residences feature private elevators, 10- and 11-foot ceilings, a fireplace to keep you warm on chilly Galleria nights, and terraces with glass railings. The building will have a spa and fitness center, a theater room, social rooms including a tea room and library, and a swimming pool atop the four-story parking garage.

Uncomfortable with the communal parking? Don’t worry: Twenty-five private air-conditioned garages will also be available.

Image: Robert M. Swedroe Architects and Planners

08/10/07 7:29pm

Street Perspective of Proposed River Oaks District Development by Oliver McMillan

Aerial View of Proposed River Oaks District Mixed Use DevelopmentThe Houston Business Journal gives more details on the River Oaks District, a 15-acre, $600 million mixed-use development proposed for Westheimer just inside the loop, on the site of the Westcreek Apartments, between Highland Village and the Galleria. It’s hard to imagine River Oaks moving further west than that. Once you get to the other side of the loop of course, you might as well call yourself Tanglewood.

Two luxury hotels are on tap. The five-star properties will have a total of 500 guest rooms, and 150 condominiums for sale at the top of one tower.

Another building will hold 300 upscale apartment units. A 10-story office building with 250,000 square feet of space also is part of the mix. And since the Galleria is synonymous with shopping, the developer plans 350,000 square feet of mostly ground-level retail space.

San Diego developer OliverMcMillan says groundbreaking is scheduled for a good year-and-a-half from now. So there’s plenty of time for this project to morph into a more typical Houston-style mixed-use project: maybe a stylish Sam’s Club next to some shiny new apartments?

After the jump, plans and more flashy drawings!

CONTINUE READING THIS STORY

07/27/07 2:16pm

Norfolk TowerOne of the biggest office landlords in Texas has announced that he wants to build a very tall tower in either Chicago, Los Angeles, or Houston. Zaya Younan, who’s been in the real-estate business for five years, wants to show the world how tall a building he can erect. How tall is that?

. . . he doesn’t want a building that will barely rate a mention in the history books, a delicate titleholder surpassed in some Asian capital before its paint dries. “I want it to be the tallest for as long as I am alive,” Younan told the Sun-Times. . . .

The chairman of Younan Properties Inc. said that to build something with a lengthy hold on the record, he’ll need about 500 feet of cushion between his building’s height and any probable competitors.

By today’s standards, that means going up about 3,000 feet. It’s Sears Tower times two. It could cost $4 billion.

The Chicago Sun-Times article declares that the wealthy and powerful L.A. developer “is not crazy.” Younan Properties owns and manages the Norfolk “Tower” (it looks maybe ten stories tall; see the photo above) at Greenbriar and 59 in Houston. The company is the top office landlord in Dallas and the third-largest owner of Class A office space in Texas.

Houston airspace height restrictions blah blah blah downtown blocks too small a base blah blah blah free publicity in three cities blah blah blah.

07/23/07 7:38pm

Tremont Tower in Montrose

Twenty-five Montrose homes were foreclosed on this month, reports the Houston Business Journal. That’s a huge increase from last July.

[Mike] Weaster, a Realtor with Century 21 Excel Realty, currently has about 45 foreclosed homes in the Montrose area listed for sale.

“There’s been a big time increase — I’ve never seen anything like this,” he says. “It’s something that is so unique to Houston that I can’t even tell my buyers what’s happening.”

What could be the problem? In Houston overall, there was no increase in mortgage foreclosures: 2,090 last July; 2,085 this month. So what is it with Montrose?

Well, here’s a clue:

Many of the foreclosed homes in Montrose have never even been occupied by the homeowner and were instead purchased by investors who apparently weren’t able to sell them, according to Weaster, who says he comes across first-payment defaults in Montrose at least once a week.

Weaster believes speculation investors and bad loans have taken a toll on the trendy neighborhood.

Still stumped? What if you learned that twelve of this month’s foreclosures alone were at the same address? And what if you discovered that the building at that address was the Tremont Tower?

Yeah, that Tremont Tower, at Yupon and Westheimer. The one featured in an article called “Contractors from Hell” in People magazine in 2005. And in the Houston Press. The one the Lemon Lady used to picket.

Does that help explain?

05/14/07 9:49am

The great southern Med Center land grab continues: Moody National Companies has bought a one-and-a-quarter acre site at the corner of Woodbury and Cambridge—about a quarter-mile southwest of the Spires. What for? How about . . . a new 200-unit apartment tower? Globe St. reports:

The fact the parcel is situated within 100 feet of the Michael E. DeBakey Veterans Affairs Medical Center and Baylor College of Medicine’s proposed 2.7 million sf [new campus] is underwriting the project’s potential as are the proposed rents. “We’ve projected rents at around $1.65 per sf, with an average unit measuring somewhere around 950 sf,” Moody tells GlobeSt.com. “We want to offer a lot of variety from smaller studio units to larger luxury units.” He adds that Moody will manage and lease the tower.

No architect yet. No general contractor. Early-2009 opening.