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Unread 05-09-2012, 01:08 PM
 
Location: Conroe, TX
87 posts, read 65,859 times
Reputation: 38
Quote:
Originally Posted by Bornhouston View Post
Yea I was really excited about those two developments at one point in time as well . . . I just can't understand why they can't get off the ground with the way that Houston's economy is booming. I see all these other projects get off the ground in other cities that economies aren't doing nearly as great as Houstons. It's disappointing.
I think the reason these have not broken ground is b/c they have retail.
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Unread 05-09-2012, 01:20 PM
 
9,889 posts, read 9,157,127 times
Reputation: 1963
Quote:
Originally Posted by lockmat View Post
I think the reason these have not broken ground is b/c they have retail.
I wonder what's wrong with the retail part.
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Unread 05-09-2012, 02:35 PM
 
Location: Conroe, TX
87 posts, read 65,859 times
Reputation: 38
Quote:
Originally Posted by SouthernBoy205 View Post
I wonder what's wrong with the retail part.
Well, from what people who know more than i do say is that mixed-use is always more difficult to do b/c of financing - lenders are more picky about it.

Plus, mixed-use developments, at least in Houston, usually require high-end retail. Not sure how that affects things as well.
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Unread 05-09-2012, 03:54 PM
 
Location: Houston
1,473 posts, read 738,227 times
Reputation: 1019
Quote:
Originally Posted by Bornhouston View Post
Yea I was really excited about those two developments at one point in time as well . . . I just can't understand why they can't get off the ground with the way that Houston's economy is booming. I see all these other projects get off the ground in other cities that economies aren't doing nearly as great as Houstons. It's disappointing.
Thats my thought with Houston taking all these top ranking over the last two and three years you would think it would be a explosion of new developments going on, but the only building that seems to be going on are residental or retail, mean while NY , L.A chi and a number of other cities have skyscrappers and other projects going up even when they where in a down turn.
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Unread 05-09-2012, 04:37 PM
 
9,889 posts, read 9,157,127 times
Reputation: 1963
Quote:
Originally Posted by lockmat View Post
Well, from what people who know more than i do say is that mixed-use is always more difficult to do b/c of financing - lenders are more picky about it.

Plus, mixed-use developments, at least in Houston, usually require high-end retail. Not sure how that affects things as well.
Oh ok. From your post, to me it seemed as if it was hard for Houston to score retail projects. But I get it now.
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Unread 05-09-2012, 05:25 PM
 
2,677 posts, read 1,733,085 times
Reputation: 932
Quote:
Originally Posted by Truth713 View Post
Thats my thought with Houston taking all these top ranking over the last two and three years you would think it would be a explosion of new developments going on, but the only building that seems to be going on are residental or retail, mean while NY , L.A chi and a number of other cities have skyscrappers and other projects going up even when they where in a down turn.
Don't forget Dallas.
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Unread 05-09-2012, 06:02 PM
 
91 posts, read 67,266 times
Reputation: 41
I can understand the retail aspect causing issues for BLVD Place being able to get financing since the majority of the project is retail, but I believe the majority of Regent Square is residential and office space. Considering how many midrise apartments are going up it seems that they would be able to get financing. There are midrise apartments going up that haven't been planned nearly as long as Regent Square. Plus office space near downtown is really dwindling. It just seems that if they aren't able to get RS off the ground now they never will be able to.
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Unread 05-09-2012, 10:19 PM
 
Location: Houston
1,473 posts, read 738,227 times
Reputation: 1019
Quote:
Originally Posted by dallasboi View Post
Don't forget Dallas.
No not to dallas explains the point of that damn bridge..lol
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Unread 05-09-2012, 11:58 PM
 
2,677 posts, read 1,733,085 times
Reputation: 932
Quote:
Originally Posted by Truth713 View Post
No not to dallas explains the point of that damn bridge..lol
Oh trust me you'll see.
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Unread 05-10-2012, 01:51 AM
 
Location: ITL (Houston)
8,612 posts, read 7,394,727 times
Reputation: 2957
Quote:
Originally Posted by Truth713 View Post
Thats my thought with Houston taking all these top ranking over the last two and three years you would think it would be a explosion of new developments going on, but the only building that seems to be going on are residental or retail, mean while NY , L.A chi and a number of other cities have skyscrappers and other projects going up even when they where in a down turn.
Houston has a ton of office towers going up right now. Vacancy is relatively low. I don't know what youre talking about. A 600+ foot tower was just completed Downtown...

Quote:
Originally Posted by dallasboi View Post
Don't forget Dallas.
Dallas isnt building any big, or as many towers as Houston though. The vacancy is too high here.
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