Record Construction Permits - $ 8 Billion. ⢠Most Competitive Metro in America - Forbes ... (Old 24 Hour Fitness site)
Uptown Houston February 2015
City of Houston • Leads the Nation in Job Growth • Leads the Nation in Exports • Record Construction Permits - $ 8 Billion • Most Competitive Metro in America - Forbes
Uptown Houston 2015
Uptown Mixed Use 2013 Values Residential $1,500,000,000
Office $2,000,000,000
30%
40%
Hotel $500,000,000
10%
Retail $1,000,000,000
20%
New Development
New Development Office •
1885 St. James Place
•
Hudson
•
M5250 Apartments (Completed Winter 2013)
•
3009 Post Oak Boulevard (Completed Spring 2013) • • Amegy Bank
•
Apache
•
BBVA Compass Plaza (Completed Spring 2013)
•
BHP Billiton
•
Residential •
1900 Yorktown
•
AMLI Uptown (Completed April 2013)
•
Astor Tanglewood
•
Astoria
•
Avenue R (Completed Summer 2013)
•
Belfiore
•
Broadstone Post Oak
•
Gables Post Oak (Completed August 2013)
•
Gables Tanglewood (Completed Winter 2013)
•
Gables Westcreek
•
Hanover Post Oak
•
High Point Uptown
Millennium High Street (Completed Summer 2013)
Palazzi at Uptown Park
•
Pelican Condominium
•
Post Galleria
•
Randall Davis Condominium
•
SkyHouse River Oaks
•
Sola Uptown
•
Waterwall Place (June 2014 Completion)
Hotel •
Hyatt Regency
•
Hyatt Place
•
Landry’s Hotel
Retail •
BLVD Place, Phase 2
•
Galleria
•
River Oaks District
New Development • Office • Residential
• Hotel • Retail
High Point Uptown Residential
The Palazzi at Uptown Park
Belfiore Residential Astoria Residential
BHP Billiton Office
BLVD Place – Retail, Office Hanover Residential
Gables Post Oak Residential
Landry’s Hotel
St. James Place Office
Amegy Bank Office
Finger Cos. Residential
Randall Davis Residential
Apache Office Redstone / BBVA Compass Office, Office 2, Hotel
Sola Uptown Residential
SkyHouse Residential Pelican Residential
Gables Westcreek Residential
AMLI Residential M5250 Residential The Galleria III Renovation
River Oaks District
Millennium High Street Residential / Retail
Hyatt Place Hotel Hyatt Regency Hotel
Office
Waterwall Place
Broadstone Post Oak Residential
Residential Hotel Retail Mixed Use
Avenue R Residential
3009 Post Oak Boulevard Office
Post Galleria Residential
Office Development
Nation’s Largest Office Markets
Note: Excludes New York City 325.6 million square feet.
BBVA Compass Plaza • 312,000 sq. ft.
• 22 Stories • LEED ® Gold Certified • Redstone Real Estate – Houston, Texas
• Stream Realty Partners – Dallas, Texas • Completed Spring 2013
3009 Post Oak Boulevard • 302,000 sq. ft. • 20 stories • Post Oak Boulevard and Hidalgo
• Class A Office • Skanska USA – New York, New York • Completed Spring 2013
1885 St. James Place • 15 Stories • 165,000 sq. ft. • St. James Place • Class A • Nelson Murphree Legacy Partners, LLC – Houston, Texas • Early 2016 Completion
BHP Billiton • 30 Stories • 600,000 sq. ft. • Post Oak Boulevard (Old 24 Hour Fitness site)
• Transwestern – Houston, Texas • Fall 2016 Completion
Amegy Bank • 4-acre site • 350,000 sq. ft. • Current Micro Center site • Hines Interests LP – Houston, Texas • Fall 2016 Completion
Apache • 34 Stories • 750,000 sq. ft. • Post Oak Boulevard at BLVD Place • Apache Corporation – Houston, Texas • Currently in design phase
Residential Development
Residential Development • Increasing Density
• For Lease Product Strong • For Sale Product Returns • More Than 5,000 Class A Units Under Construction
AMLI Uptown • 238 Units
• 5 Stories • 2525 McCue
• LEED ® Platinum Certification • The Dinerstein Companies – Houston, Texas • Completed April 2013
Avenue R • 392 Units; 5455 Richmond (Richmond and Yorktown) • Greystar Real Estate Partners, LLC – Charleston, South Carolina
• Completed Summer 2013
Millennium High Street • 340 Units • 4410 Westheimer (inside the Loop) • The Dinerstein Companies – Houston, Texas • Completed Summer 2013
Gables Post Oak • 316 Units • 8 Stories • 1875 Post Oak Park (inside the Loop) • Gables Residential – Atlanta, Georgia • Completed August 2013
Gables Tanglewood • 327 Units
• 8 Stories • San Felipe and Bering
• Gables Residential LLC – Atlanta, Georgia • Completed Winter 2013
M5250 Apartments • 300 Units
• 22 Stories • Westheimer and Sage • CWS Apartment Homes – Austin, Texas • Completed Winter 2013
Astor Tanglewood • 238 Units
• 6 Stories • South Post Oak Lane and Woodway • Mill Creek Residential – Dallas, Texas • Completed Winter 2014
Sola Uptown • 317 Units
• 70 East Briar Hollow Lane • Mill Creek Residential – Dallas, Texas
• Leasing in 2014
Waterwall Place • 322 Units
• 7 Stories • Adjacent to Waterwall Park • Now Open
• Hines Interests LP – Houston, Texas
Broadstone Post Oak • 272 Units
• 5 Stories • Post Oak Boulevard (South of Lakes on Post Oak) • Alliance Residential Company – Phoenix, Arizona • March 2015 Completion
Hanover Post Oak • 355 Units
• 29 Stories • 1750 Skylark Lane (behind BLVD Place) • The Hanover Company – Houston, Texas • March 2015 Completion
SkyHouse River Oaks • 352 Units • 25 Stories • San Felipe Inside the Loop (near Target) • Novare Group – Atlanta, Georgia • Summer 2015 Completion
1900 Yorktown • 262 Units • Yorktown behind St. James Place • The Finger Cos. – Houston, Texas • Spring 2015 Completion
High Point Uptown • 277 Units • 7 Stories • 807 South Post Oak Lane (near Woodway) • The GreyStone Group – Corona Del Mar, California • Summer 2015 Completion
Hudson • 431 Units; 5.3 acre site
• Fountain View and San Felipe • Preleasing Fall 2015
• ZOM Texas – Dallas, Texas
Post Galleria • 390 Units • 5 Stories • 3131 West Loop South (former Holiday Inn site) • Post Properties – Atlanta, Georgia • Fall 2016 Completion
Palazzi at Uptown Park • 200 Units
• Northwest corner of Uptown Park • AmREIT • 2017 Completion
Gables Westcreek • 300 Units
• 15 Stories • Westcreek Lane near IH610 • Gables Residential LLC – Atlanta, Georgia • 2017 Completion
Astoria • 74 Custom Luxury Units • 28 Stories • Post Oak Boulevard near McDonalds • Randall Davis Company – Houston, Texas • Summer 2015 Completion
Belfiore • 46 Units
• Post Oak Lane and South Wynden • Inter – Pier LLC – Houston, Texas
• Spring 2016 Completion
Pelican Condominium • 96 Units
• 17 Stories • Westcreek Lane near Target • Pelican Builders – Houston, Texas
• 2017 Completion
Randall Davis Condominium • 85 - 100 Units
• San Felipe near Target • Randall Davis Company – Houston, Texas
• Summer 2017 Completion
Hotel Development
Hyatt Regency • 325 Rooms
• 14 Stories • Sage and West Alabama • 15,000 sq. ft. meeting space • Late 2015 Completion
Hyatt Place • 157 Rooms • Sage and West Alabama
• Late 2015 Completion
Landry’s Hotel • 240 Rooms • 30 Stories • 5 Star Boutique • Next to Landry’s Headquarters on IH 610 • Late 2016 Completion
Retail Development
Average Income Per capita income within a three-mile radius
Uptown Houston
Highland Park Village Dallas
Beverly Center
Beverly Hills
S. Coast Plaza
Buckhead Atlanta
Costa Mesa, CA
Source: Claritas, Inc.
2013 Total Retail Sales
$ 3,591,005,393
BLVD Place, Phase 2 • 211,000 sq. ft. • Post Oak Boulevard and San Felipe • Whole Foods, Frost Bank, True Food Kitchen • Now Open
Galleria • 198,000 sq. ft. Saks Fifth Avenue flagship store
• New 2-story mall wing in existing Saks Fifth Avenue • 35 new stores • Fall 2015 Completion
River Oaks District • 252,000 sq. ft. retail, high-end restaurants, outdoor cafes and a movie theater • 92,000 sq. ft. office space • 279 residential units
• Westheimer inside the Loop • Spring 2015 Completion
Mixed Use Urban Center
Uptown Houston Development Activity Under Construction and In Development Office
4,150,000 Square Feet
Retail
675,000 Square Feet
Hotel
1,850 Rooms
Residential
8,700 Units
New Development Total Value
High Point Uptown Residential
The Palazzi at Uptown Park
Belfiore Residential Astoria Residential
BHP Billiton Office
BLVD Place – Retail, Office Hanover Residential
Gables Post Oak Residential
Landry’s Hotel
St. James Place Office
$ 4 Billion
Amegy Bank Office
Finger Cos. Residential
Randall Davis Residential
Apache Office Redstone / BBVA Compass Office, Office 2, Hotel
Sola Uptown Residential
SkyHouse Residential Pelican Residential
Gables Westcreek Residential
AMLI Residential M5250 Residential The Galleria III Renovation
River Oaks District
Millennium High Street Residential / Retail
Hyatt Place Hotel Hyatt Regency Hotel
Waterwall Place
Broadstone Post Oak Residential
Avenue R Residential
3009 Post Oak Boulevard Office
Post Galleria Residential
Uptown Houston Transit
IH 610 West Loop
“Most Congested Freeway in Texas”
Texas Department of Transportation
Challenge # One - Transportation • Regional Accessibility • Local Mobility • Pedestrian • Transit
Who Is Being Served? Sector
Number
Percent
Office
48,500
73%
Retail / Hotel
18,000
27%
Total Core
66,500
100%
Uptown Employees by Zip Code
Park and Ride Corridors Transit Centers Park & Ride Lots Northwest: 77 a.m. bus trips 82 p.m. bus trips Katy: 111 a.m. bus trips 105 p.m. bus trips
Westpark: 42 a.m. bus trips 45 p.m. bus trips
Southwest: 53 a.m. bus trips 53 p.m. bus trips
Commute Corridors
Post Oak Boulevard Improvements Dedicated Bus Lanes
Bus Shelter
Bus Lanes
Bus Lanes Bus Shelter
Tree Preservation Plan
Custom Grown Trees will be added to the beautifully landscaped Post Oak Boulevard
Stainless Steel Streetscape Iconic arches, rings and other streetscape elements will remain a dynamic feature on Post Oak Boulevard
Pedestrian Environment Wider sidewalks, pedestrian lighting and newly activated green spaces along Post Oak Boulevard will enliven the street with activity and excitement
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