222 replies to this topic

[Austin55]

It almost looks woven (weaved?)

[roverone]

It might have been nice for that to be color lighting on the top, and then maybe alternate color from the bottom.

[John T Roberts]

The light installation is not complete.  Originally, there were downlights in the planters that cantilever out from the pool area.  They have not turned those on, as of Saturday.

[John T Roberts]

According to one of Brian Luenser's Facebook photos, the downlights have now been turned on inside the planters that cantilever from the pool deck above Commerce Street.

[Big Frog II]

Apparently there is a problem between the developers and the builders about the schedule and the bonds for the construction firm.  Don't know the details.

[JBB]

I saw something about it on Facebook last night and it took me forever to track it down:

 

https://dallasexpres...KAiSea3gI-NNv4E

 

I can't find anything about this through a Google or Twitter search and that is not exactly a media source I would like to link to, but it's at least got what appear to be salient details.  The last sentence in the article raised my eyebrow just a little.

[Austin55]

What a weird news source.

[JBB]

Yeah, you kind of have to be careful with the agenda that might be behind anything reported there.  Odd that I can't find another source.

[John T Roberts]

This source seems a little strange.

[Jeriat]

I saw something about it on Facebook last night and it took me forever to track it down:

 

https://dallasexpres...KAiSea3gI-NNv4E

 

I can't find anything about this through a Google or Twitter search and that is not exactly a media source I would like to link to, but it's at least got what appear to be salient details.  The last sentence in the article raised my eyebrow just a little.

Yyyyyeeeeaaaaah... I'm not trusting anything from The Dallas Express. 

[NThomas]

Yeah, you kind of have to be careful with the agenda that might be behind anything reported there.  Odd that I can't find another source.

Established local news outlets aren't exactly covering business topics like this, and those that are fall more into the category of press release than investigation.

This is one of the reasons why Fort Worth Report starting up and the FWST having a business writer again are important.

[Big Frog II]

Muckleroy and Falls has a good reputation.  It is quite possible that building held more surprises than anticipated.

[arch-image]

 

I happened to find a presentation given by an accounting firm that deals a lot in the construction industry and thought I'd share a few of their insights into why some construction companies fail:

 

Ten Most Common Reasons for Construction Company Failures:

• Growing too fast
• Obtaining work in new geographic region(s)
• Dramatic increase in job size
• Obtaining new types of work
• High employee turnover
• Inadequate capitalization
• Buying dumb stuff (cars, boats, ranches, etc.)
• Poor estimating and job costing
• Poor cash flow
• Poor accounting system

 

That is a very good and true list! It has most of all my favorites. I used to do consulting on helping smallish companies looking to take that next step from small company to midsize. The #1 thing I always stressed, Hypergrowth will kill a company faster than anything. Growth has to stay limited to what staffing, cash flow and focus allows. The second biggest cause of failure is having an owner who has been doing it all and refuses to let go. You can't double or triple the size of your company and still totally micromanage everything like you have been. Figure out what you like the lease and hire the best person you can find to take that one and let them do it. 

[JBB]

 

Muckleroy and Falls has a good reputation.  It is quite possible that building held more surprises than anticipated.

Theyve been around 40+ years, I fear a lot of contractors might have struggled on this one or maybe the project budget should have been double to accommodate these unknowns. Sometimes the best projects are the ones you dont win.

 

 

Not exactly related to this project, but the CEO of Muckleroy and Falls was killed in a tragic car accident on Wednesday:

 

https://www.fox4news...or-thanksgiving

[rriojas71]

 

 Not exactly related to this project, but the CEO of Muckleroy and Falls was killed in a tragic car accident on Wednesday:

 

 

https://www.fox4news...or-thanksgiving

 

Wow.  That is a very tragic story.  Didn't know him personally but I am close to people who knew him.  Keep his widowed wife in our prayers.

[Austin55]

Le Meridien getting some press. Opening in the spring. 

https://fortworth.cu...el-texas-annex/

 

https://www.dallasne...pens-next-year/

[ramjet]

Looks like the opening has been pushed to June.  From the website:

 

LE MÉRIDIEN FORT WORTH DOWNTOWN - 
OPENING JUNE 27, 2024

[John T Roberts]

They have been moving slow, so it doesn't surprise me.

[rriojas71]

I'm glad that 8th St between Le Meridien and Deco is finally open.  Gives a good look into the lobby of the hotel which I've been waiting to see.

[Austin55]

Most construction fencing is down. You can kinda see through the windows into the room, more so in person than in the photos. 

 

 

Putting phone against lobby glass,

 

[John T Roberts]

The lobby looks like it is going to be nice.

[rriojas71]

The lobby looks like it is going to be nice.

I agree.  Is there still plans for a restaurant or retail space?

[John T Roberts]

You will have to go back and check previous posts in this thread, but I think a restaurant was proposed in the initial plans.