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Uptown Houston - Bay Area Houston Economic Partnership
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 www.Uptown-Houston.com
