04/18/11 8:06am

Moving into the site of the 7-story Compass Bank building demolished a year and a half ago at 2200 Post Oak Blvd., a block north of the Galleria: the bank’s new corporate parent, BBVA Compass. The subsidiary of Spanish banking giant BBVA will be leasing at least 6 floors of a new 20-story tower being developed on that location by the Redstone Companies and Stream Realty Partners. Not officially announced but still apparently planned for the northern portion of the same 6-and-a-half-acre parcel (the grassy area in the foreground of the rendering above, along Guilford Ct.): a second office building, hotel, and more structured parking. Redstone and Stream Realty had previously been marketing the mixed-use property as The Perennial.


03/01/10 10:06am

At a meeting last week at Kenny & Ziggy’s Deli organized by Jim “Mattress Mack” MacIngvale, owners of businesses located along Post Oak Blvd.’s vast double phalanx of front-loading strip centers — and representatives of a few of their landlords — groused about Metro’s design for the new Uptown Line and prepared for possible battle. The Examiner Newspapers’ Michael Reed first brought attention to a few quirks of the latest design for the Post Oak stretch of the light-rail line late last year: It features 7 stations, 5 gated crossings, and in all close to 2 dozen traffic signals along the 1.7-mile path from Richmond Ave. to the 610 West Loop. It also blocks all instances of that staple of sprawl-style shopping-center development: the non-intersection left turn.

Had Metro been communicating its plans to the property owners? Had the property owners been relaying any information they received from the transit agency to their tenants?


01/20/10 4:13pm

Metro’s most recent street reclassification plan indicates that the transit authority will need a grand total of about 3.2 acres of land on Post Oak Blvd. to squeeze in its new Uptown rail line, reports the River Oaks Examiner‘s Mike Reed.

The most notable target of Metro acquisition efforts will likely be a roughly 14-ft.-wide swath of tree-lined land along the Post Oak edge of the newly minted Gerald D. Hines Waterwall Park, pictured above. The Williams Tower immediately to the north is due the same sort of trim, because the Hampton at Post Oak assisted living facility across the street is located much closer to Post Oak.

An even bigger bite would be taken out of the west side of Dillard’s if the current design goes forward: a 29,476-sq.-ft. strip that “would appear to include the ramp leading to the second-story of the garage,” Reed reports. The Galleria itself would lose only 1,019 sq. ft.

There’s a whole lot more in the plan. In all, pieces of 48 separate parcels are on Metro’s Post Oak shopping list so far:


12/11/09 12:03pm

Once the new Metro Uptown light-rail line is built, Post Oak Blvd. could feature more than 23 stoplights along its 1.7-mile stretch between Richmond Ave. and the 610 Loop, reports the River Oaks Examiner‘s Mike Reed. A report prepared last October by the group of companies contracted to build the new Uptown Line lists 21 stoplights and 7 stations.

But that information’s got to be out of date, right?

. . . in response to questions, a Metropolitan Transit Authority spokeswoman said Tuesday that since the report was written, the number of potential signals has increased to 23, with an additional traffic light and an additional pedestrian light under consideration.

While the proposals contained in such reports are subject to change, the original document indicates the scope of the project combined with the density and development in the area would make substantial alterations to the plan difficult at best.

Reed also reports a few details on the rebuilding of Post Oak:


11/04/09 2:54pm

Here they are: More renderings of the Perennial, the mixed-use development the Redstone Companies is hoping to fit onto a block at 2200 Post Oak Blvd. just north of the Galleria — on the former site of the Compass Bank building, which was imploded in a small ceremony earlier this year. Does this thing look familiar? An earlier drawing of the project appeared on the SkyscraperPage forum and was featured on Swamplot in May. Now HAIF poster Urbannizer digs up a leasing brochure for the property from the development’s otherwise password-protected website.

What’s for lease? Two separate buildings: a 20-story office tower incorporating an 8-level parking garage as well as lots of retail space at the base; and a separate hotel tower to the north — combining just under 300 guest rooms and 100 residences. In all, the developers are counting just under 74,000 sq. ft. of retail space, including 3 levels meant to face the action on Post Oak.