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Uptown Houston November 2014 City of Houston

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Uptown Houston November 2014 City of Houston Uptown Houston November 2014 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 New Development GreyStone Group The Palazzi at Residential Uptown Park New Development Belfiore Residential Astoria Residential Sola Uptown BHP Billiton Residential Office $4 Billion BLVD Place – Retail, Office Gables Post Oak Residential Hanover Residential Landry’s Hotel 4,150,000 Sq. Ft. St. James Place Office Amegy Bank Office Finger Cos. Office Residential Randall Davis Apache Office Gables Westcreek Residential Retail 675,000 Sq. Ft. Residential SkyHouse Redstone / BBVA Compass Residential Office, Office 2, Hotel Pelican Residential Hotel 1,850 Rooms AMLI Residential M5250 Residential Residential 8,700 Units The Galleria III Renovation River Oaks Millennium High District Street Residential / Mixed Use Retail Hyatt Place Hotel Hyatt Regency Hotel 3009 Post Oak Waterwall Place Boulevard Office Broadstone Post Oak Post Galleria Residential Residential Avenue R Residential Uptown Mixed Use 2013 Values Office Residential $2,000,000,000 $1,500,000,000 40% 30% Hotel $500,000,000 Retail 10% $1,000,000,000 20% Uptown Houston Transit Uptown Employees Being Served Sector Number Percent Office 48,500 73% Retail / Hotel 18,000 27% Total Core 66,500 100% Park and Ride Corridors Transit Centers Park & Ride Lots Northwest: 77 a.m. bus trips Commute Corridors 82 p.m. bus trips Katy: 111 a.m. bus trips 105 p.m. bus trips Westpark: 42 a.m. bus trips Southwest: 45 p.m. bus trips 53 a.m. bus trips 53 p.m. bus trips Uptown Transit Connector • West Loop HOV / Northwest Transit Center • Post Oak Boulevard San Felipe Improvements Westheimer • Bellaire / Uptown Transit Center Richmond PM Peak Volumes NB Post Oak Boulevard to Various Destinations I -10 WB 738 I -10 EB 662 US 290 WB 209 North Loop EB 343 .. Total 1,952 Source: Texas A&M Transportation Institute PM Peak Volumes San Felipe Various Destinations US 59 SB 411 IH 610 SB 394 Woodway WB 222 Woodway EB 255 I-10 WB 200 I-10 EB 200 US 290 WB 79 North Loop EB 101 .. Total 1,862 Source: Texas A&M Transportation Institute PM Peak Volumes Westheimer to Various Destinations US 59 SB 1,014 US 59 NB 190 IH 610 SB 1,624 Woodway WB 410 Woodway EB 414 I-10 WB 421 I-10 EB 270 US 290 WB 154 North Loop EB 334 .. Total 4,831 Source: Texas A&M Transportation Institute PM Peak Volumes NB Richmond to Various Destinations Westheimer WB 327 Westheimer EB 227 Woodway WB 238 Woodway EB 118 I-10 WB 120 I-10 EB 59 US 290 63 North Loop EB 133 .. Total 1,285 Source: Texas A&M Transportation Institute P.M. Peak Hour Volumes Entering the West Loop Destination Origin NB SB Total Richmond 1,285 - 0 - 1,285 Westheimer 4,831 2,828 7,659 San Felipe 1,057 805 1,862 Post Oak Boulevard 1,952 - 0 - 1,952 Total 9,125 3,633 12,758 Source: Texas A&M Transportation Institute West Loop (IH-610) Elevated Dedicated Bus Lanes Proposed Section D – D NTS * TxDOT is considering the project. West Loop (IH-610) Elevated Dedicated Bus Lanes - South Portal IH 610 West Loop “Most Congested Freeway in Texas” Texas Department of Transportation Post Oak Boulevard Improvements • Preserves Existing 6 Lanes of Auto Traffic • Preserves All Signalized Left Turn Lanes • Maintains Existing Signal Operations • Adds Dedicated Bus Lanes • Removes Buses From General Traffic Lanes • Enhances Pedestrian Access • Preserves Post Oak Boulevard’s Trees Post Oak Boulevard Improvements 10’ 26’ 10’ Post Oak Boulevard Improvements 10’ 26’ 10’ Post Oak Boulevard Improvements 10’ 26’ 10’ Post Oak Boulevard Improvements 10’ 26’ 10’ Post Oak Boulevard Improvements Dedicated Bus Lanes Bus Shelter Bus Lanes Bus Lanes Bus Shelter Post Oak Boulevard Improvements • Preserves Existing 6 Lanes of Auto Traffic • Preserves All Signalized Left Turn Lanes • Maintains Existing Signal Operations • Adds Dedicated Bus Lanes • Removes Buses From General Traffic Lanes • Enhances Pedestrian Access • Preserves Post Oak Boulevard’s Trees Bellaire / Uptown Transit Center Bellaire / Uptown Transit Center Uptown Houston proposes to rebuild Post Oak Boulevard into an exquisitely designed grand boulevard while preserving existing automobile access, substantially improving transit service and creating a beautifully landscaped pedestrian environment. Tree Plan • Preserve in place • Relocate to permanent initially • Relocate to custom care / replant • Specifically cultivate and grow in specialized boxes • New custom grow − Limb − Rootball − Structure • Create uniform appearance Tree Plan Custom Grown Trees will be added to line 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 Flowers Uptown Houston’s signature flowers throughout the area will continue to delight Holiday Decorations Uptown Houston’s unique holiday decorations will continue to set this area apart from any other in the region Post Oak Boulevard Dedicated Bus Lanes March 2015 2016 2017 May Design 2015 Projected Bid completion 1st Quarter 2017 Construction Right-of-Way Acquisition March 2015 Uptown Transit Preliminary Cost Estimate Uptown TxDOT Federal Total West Loop / NW Transit Center $ 20.0 $ 25.0* $ -- $ 45.0 Post Oak Boulevard $ 76.5 $ -- $ 45.0 $ 121.5 Bellaire / Uptown Transit Center $ 9.1 $ -- $ 16.9 $ 26.0 TOTAL $ 105.6 $ 25.0 $ 61.9 $ 192.5 * TxDOT is considering the project. Project Status • Environmental Clearance – Received Categorical Exclusion (CE) from FTA (03.26.14) – Received Letter of No Prejudice (04.01.14) • Funding – TIP commitment of $61.9 million – Requested transfer of funds from FHWA to FTA – Preparing Grant Application – Uptown TIRZ $53 million initial bond issue completed • Design – Submitted Preliminary Engineering Report to City of Houston – Submitted Preliminary Engineering Report to METRO • Status – Awarded Final Design contract – Awarded Construction Management contract – Awarded contract to purchase 800 trees – Request approval of offerings for Right-of-Way acquisitions – Request authorization to advertise for construction of sanitary sewer improvements www.Uptown-Houston.com .
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