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Member Since 18 Mar 2014
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#106488 Adding More Hotels Downtown

Posted by arch-image on 09 October 2017 - 04:36 PM

 

I hope you know it was a quote from the President of the Fort Worth chamber. Not my words. If anything from what I remember he was planning to "compete" with Dallas on business that needs office space. I have my doubts weather he can ? But I hope I am wrong. And he was not talking about tourism. lol But it seems I cannot find my post with the link ?

 

 

 Again, not a rebuttal to anything you said, IMO, the emphasis being placed on competing with Dallas for businesses needing office space is going to be daunting. Fort Worth doesn't have an available pipeline of speculative new, cutting edge office space that businesses will be demanding. 

 

It seems that 1 or 2 realty groups control the Downtown Market.  Until Downtown becomes less of a monopolistic district and more open to where speculators like Jetta can come in with the willingness to build 21st Century office spaces,  there will be a revolving door through which office space will be largely under the management of Sundance Realty and Simpson Restoration. If the Chamber wants some speculative office projects for new office business for Downtown, then I hope that it can persuade Hillwood to invest in Downtown. Hillwood should be the first developer on it list. And why not?; as Hillwood has certainly done well in Far North Fort Worth.

 

 

Leisure Tourism is a market that Fort Worth ought to compete in more vigorously.  The hospitality industry is showing that there is a growing interest in Fort Worth evidence by the new speculative hotels in the pipeline. Fort Worth immediate future when it comes to Downtown is to get the Convention Center and Convention Tourist business up an running in a major way

 

To a VERY large degree your correct in this statement, while I don't know I would say it is those two families/companies, but one of the biggest differences between Dallas and Ft Worth when it comes to land is in Dallas, everything has a price and at the end of the day, usually a reasonable one depending on what your buying. Ft Worth on the other hand is much the opposite, land in downtown and even surrounding areas in many cases have been in families for generations and many times quite frankly .... there is no price, or at least sensible price. I remember looking at a nice piece 5 years or so back about 2 acres vacant, hasn't been anything on it in decades and when we approached the owners, "not for sale" I mentioned, "everything has a price", the guy looked at me quizzically and said well, that's true, but I don't think your going to be willing to pay 10 mil for it and that's what it would take. D vs FW .... totally different worlds when it comes to buying land and doing developments.




#106405 400 block of S Main

Posted by arch-image on 06 October 2017 - 11:57 AM

Very Cool use of existing Structures.




#106347 Amazon in search of 2nd headquarters

Posted by arch-image on 02 October 2017 - 03:51 PM

Lots being talked about on 6-800 acres needed, not sure where that came from, most of the proposals I have seen are way smaller and to get 8mil sq feet you don't need near that much space unless your doing low rise stuff and I dont see that happening myself. I could see this feasibly being done in 10 -12 buildings which would only take 20-30 acres, maybe less. Also, don't forget, the 8 mil SQF as well as the issue on people that has been mentioned is over a 20 year period, to 2027. So it isn't like it is all needed at once. I think there is a good many of areas around the core of downtown that could accommodate a project like this. I am a bit surprised no one mentioned the T&P, has the 500k of space available for phase 1, 6 vacant acres behind it, another I think 4 beside it, various lots across the street as well as mentioned lots by Calhoun. You could even while doing the road extension add a tunnel and do something on the other side of 30 along Vickery right behind it. Rail access, "T" access for what little we have to offer in transport rail. I think the part kills Fort Worth is the transportation issue. Lots of options though, Panther, Forest Park area along University or even 7th possibly, or possibly some of the new large ranches that have recently begun development although I think they want central core.




#106343 "Left Bank"

Posted by arch-image on 02 October 2017 - 01:48 PM

 

 

I noticed there is a Left Bank for sale sign on the tract of land where the hotel was suppose to be.  I believe it said 3.x acres zoned MU-2 .... so I'm not for sure if the sign is just there referencing another tract of land, or if something happened to the hotel deal?

 

EDIT:

 

I did in fact learn that Valencia did pull their contract, so Left Bank is either looking for another hotel or to build apartments on the lot.  Seems like a waste given the direct access to the river and unobstructed views that parcel of land has .....

 

FW81 ... Any idea if they are still even wanting a hotel? I've left numerous messages with their development office and the Rea Estate company and can't get a return call. Have companies interested if someone would return a call! 

 

 

I have learned that apparently the Valencia hotel deal is back on.  I really hope this gets done.  I think it would greatly benefit the whole development and the area in general desperately needs the hotel space. 

 

I do at times feel for the Left Bank development, I know originally Whole Foods was looking, Neimans, West Elm was originally under contract at LB and I think a few other stores that switched to Clearfork.  I just wonder if a few things like that would have came to fruition how much different it would have been. 

 

 

I was hoping it wouldn't, but then that was soley for selfish reasons obviously ! lol. In all seriousness Valencia does some really cool and awesome stuff. I don't know if the site lays out well for it but one like the Lone Star Court would be really cool here looking out over the river as well as possibly a draw top bring people in to the development with the live bands and such. Guess I will go back to trying to figure out how I can buy the T&P building!




#106342 901 Commerce St. - High-rise Mixed Use

Posted by arch-image on 02 October 2017 - 10:56 AM

I don't really see the massing as an issue, it is a little thin but not dramatically. I do like the idea of stepping back a few of the uppermost floors a bit to add some "shape" to the building vs a plain box. Mainly I hope they do something a bit different with the exterior skin in lieu of just another glass box.




#106330 What is it?

Posted by arch-image on 01 October 2017 - 12:01 PM

While I Know this is an ancient post I couldn't help but respond to it. I had someone I Know who did a photo set of this site back when they were looking at possibly selling it. HE told me about it and I like some one here mentioned was surprised it was so far from the base. I asked my Dad about it, retired from CAFB, and he sort of chuckled and said of course the main warheads were stored offsite, the base was known and if attacked the last thing you wanted was it to get bombed which in turn would set of our own bombs. I remember during the Vietnam era DFW was said t be listed as one of the top 10 hit sites for Russia due to CAFB, GD, LTV, NAS in Grand Prairie, and more minor sites. He told me a story of one time they were hauling a bomb down White Settlement road in to the base to be loaded on to a B-52 and one of the straps broke and it rolled off the truck in to the middle of the road. Obviously it was not armed nor did it have a ore in it, that was carried separate so no worry of exploding but one hell of an ass chewing ensued when they go to the base. One of the guys on the truck was a good friend of his who I got to know as I grew up and man could they tell stories! He worked with nuclear weapons his whole adult life and sadly died a few years back from multiple issues with cancer but always said he wouldn't have taken one day back even knowing it was going to one day kill. Definitely of that era of men who took pride in protecting our country. 




#106326 T&P Warehouse Redevelopment

Posted by arch-image on 01 October 2017 - 09:54 AM

The connector construction would impact site access and material staging for the warehouse rehab. There is not much open area on the site.

 

I bet the biggest reason would be financial. If the developer were to about have it completed, the connector construction would probably impact leasing. Loan payback time would probably be extended and more interest would be incurred. That might be some of the issues in getting it funded. 

 

I don't see why you say there would be staging issues, this property has about 7 acres of land with it including the two tracts they own, there is at least 4 acres total behind the building and access while not great, is more or less typical of working in a downtown setting. When we redid the old Huey & Philp building in Dallas to the Homewood the building was literally sidewalk to sidewalk, it's a staging issue but not a monster hurdle, just adds some time and a little cost and coordination is a bit tougher. That is not the case here at all. As for the connector being a reason, that's just another excuse. The impacts would not have been that much and now that its back on schedule so there is some raodwork being done to the west of your building at the same time your under construction big deal. Right now it is slated for a completion in 2020. Quite honestly if I was starting this job it would be about a 24 month project and thats assuming plans were done and permit was quick so the two would coordinate for a close opening of both pretty much. The reality is finish plans, get it permitted and built is at minimum probably a 2 1/2 year project.. I just think they have zero access to funding as they keep going back out to "development Partners". Sometimes you just bite off more than you can chew and have to let go, take your profit on the sell and move on to the next one. 




#106105 "Left Bank"

Posted by arch-image on 25 September 2017 - 08:09 AM

I noticed there is a Left Bank for sale sign on the tract of land where the hotel was suppose to be.  I believe it said 3.x acres zoned MU-2 .... so I'm not for sure if the sign is just there referencing another tract of land, or if something happened to the hotel deal?

 

EDIT:

 

I did in fact learn that Valencia did pull their contract, so Left Bank is either looking for another hotel or to build apartments on the lot.  Seems like a waste given the direct access to the river and unobstructed views that parcel of land has .....

 

FW81 ... Any idea if they are still even wanting a hotel? I've left numerous messages with their development office and the Rea Estate company and can't get a return call. Have companies interested if someone would return a call! 




#106094 Haltom City Revitalization

Posted by arch-image on 24 September 2017 - 04:15 PM

Surprised nothing was on here about this. The old Haltom Theater has been bought and is undergoing a renovation and reopen soon! 

 

https://www.facebook.com/haltomtheater/ 




#105346 Origins of Meadowbrook area

Posted by arch-image on 30 August 2017 - 02:27 PM

A couple of years ago I bought a house in old Meadowbrook just down from the High school. First thing i did when I found it was of course did some background searches on it and best I can tell I am probably the 3rd owner of the house maybe even the 2nd. I was told when I bought it that it was built in the late 40's and was one of the 3 or 4 original houses when it wall still farmland, Dairy Farm has been mentioned. I was looking at some deed cards and found one for the house but has a date of 65 on it, of course, wouldn't ya know it, the description side is not filled out. On Historical aerials I can go back and see it was there in 52 and it looks like there was a group of 4 houses on Weiler then the Brandts main house up on Oak Hill and that was about it. Im a bit of a local history buff as well as a Builder and just starting to put this place back together asnd would love to know some more of it and the areas history better.