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Posts Tagged ‘TIRZ’

Like a bridge over Memorial Park

Some fascinating ideas for ensuring the long-term health of Memorial Park. Today Memorial Park is a land divided. The city’s premiere park stretches across 1,500 acres, almost twice as large as New York’s Central Park. But to Thomas Woltz of the internationally renowned landscape architecture firm Nelson Byrd Woltz, it feels much smaller. Over time […]

Holmes Road

It kind of blows my mind that something like this could be the case in 2014 in Houston. Holmes Road in south Houston, for a stretch, feels less like a city street and more like a weathered country road in Central Texas, even though NRG Stadium and the Texas Medical Center shimmer in the distance. […]

Hiram Clarke TIRZ

I think this will be a good thing. The Houston City Council and the Fort Bend County Commissioners Court approved a plan this month to boost development in Houston’s southwest corner with the creation of a tax increment reinvestment zone. Under a tax increment reinvestment zone, property taxes generated within the zone’s boundaries are frozen […]

The Uptown plan is as much about HOV as it is BRT

Maybe more. Most discussion of the Uptown Tax Increment Reinvestment Zone’s plan, which goes before City Council this week, has been about a proposal to annex Memorial Park into the zone and spend $100 million restoring the drought-stricken park. The centerpiece of the zone’s plan, however, is a $187.5 million vision to widen and rebuild […]

Memorial Park will not become the Riverwalk

Council will vote on the proposed Uptown/Memorial TIRZ this week, which may or may not put an end to some of the wild speculation about what expanding the Uptown TIRZ boundaries to include Memorial Park may mean. Imagine you’re jogging through Memorial Park, squinting past rows of neon signs in front of fast food joints, […]

Looking forward on Memorial Park

Meet Shellye Arnold, the new Executive Director of the Memorial Park Conservancy. There is no doubt that it is a pivotal moment for the 89-year old-park. Decimated by the drought of 2011, Memorial Park lost thousands of trees. The conservancy – whose stated mission is to “restore, preserve and enhance Memorial Park for the enjoyment […]

Have your say on the Uptown/Memorial Park TIRZ

From the inbox, and the office of CM Oliver Pennington: To the Residents of District G: As many of you are aware, the May 1, 2013, Council Agenda contained several items related to the Reinvestment Zone Number Sixteen (Uptown Zone), also known as TIRZ 16. Included on the agenda today were Items 15 (enlarging the […]

Questions about the Memorial Park part of the Uptown/Memorial TIRZ

Lisa Falkenberg reports that some people have raised questions about the Memorial Park part of the Uptown/Memorial TIRZ. Reforestation is sorely needed in a park devastated by hurricane damage and drought. This is a great deal, city leaders and supporters say, a great way to restore our crown jewel to its former beauty. And we […]

For the Uptown/Memorial TIRZ

Ed Wulfe never mentions Mattress Mack or his recent diatribe in the Chron about the proposed Uptown/Memorial Park TIRZ, but his op-ed in the Chron is clearly aimed at countering naysayers like Mattress Mack. Uptown is one of the most successful mixed-use urban environments in the United States and a leading economic driver of Houston; […]

The Uptown/Memorial TIRZ

Big projects, big plans, big funding mechanism. Transit and trees – things that make urban areas move quickly and look pretty – are the centerpieces of a $500 million project that would remake the Uptown area and reinvigorate Memorial Park. Mayor Annise Parker and other officials announced a plan Thursday that would fund construction of […]

An opponent for the Controller

Big Jolly reports on a new candidate. There are two powerful elected positions in the City of Houston: Mayor and City Controller. So naturally I was curious when I heard that someone was going to challenge the incumbent Controller Ronald Green. Meet Bill Frazer. The press release announcing his candidacy stated: “The Controller is an […]

Could this be the catalyst for Astrodome redevelopment?

Maybe. The city of Houston and Harris County are preparing to create a mammoth, two-part economic development zone covering more than 11 square miles along the South Loop and at the northeast end of downtown. The plan stems from a deal the two governments struck three years ago to secure a new soccer stadium east […]

Leland Woods

I’ve been banging the drum lately about encouraging growth inside the city’s boundaries as a long-term financial management strategy, so I’m glad to see this. Eight years ago, city of Houston officials decided to incentivize the conversion of 80 wooded acres off Little York Road into a 375-home community, a place, in some small measure, […]

BBVA Compass Stadium

Dynamo Stadium gets a new name. When the Dynamo first approached BBVA Compass before breaking ground on their new stadium, the two-time MLS Cup champions were looking for a loan to help finance the construction of the club’s venue on the East End. Now, the bank will have its name and a note on BBVA […]

Downtown shuttle service to return

Do you miss the free trolleys that used to run downtown? A new version of that service is set to debut in the spring. The Houston Downtown Management District, funded through tax assessments on downtown properties, plans to launch a free bus service called Greenlink to ferry employees and residents along a 2.5 mile route […]

Does it count if it’s a TIRZ?

Well, this is interesting. As the city of Houston seeks to close a $21 million budget gap in the next eight weeks, it is counting on selling a public building to one of its own redevelopment agencies. And while the proposed $5 million deal with the Midtown Redevelopment Authority would offer the city deadline budget […]

Council gives final approval to Dynamo Stadium deal

The last hurdle has officially been cleared. With two unanimous votes at City Council on Wednesday, the Dynamo cleared the last public hurdles they need to build their new stadium on the East End. “I think it’s a very important step in the right direction and brings us much closer to finalizing all the pieces […]

The Dynamo Stadium rebate plan

Well, this is interesting. The city is poised to strike a 30-year deal giving back $3 million in projected sales tax to the Houston Dynamo as they prepare to construct their $60 million stadium. City officials say the tax rebate always has been a part of the deal that kept the team from leaving Houston, […]

Dynamo Stadium groundbreaking delayed

Groundbreaking for Dynamo Stadium was originally scheduled for this Saturday the 29th, but due to a delay with City Council it has been put off till next week. Because the city council has not yet voted on the Tax Increment Reinvestment Zone (TIRZ) that is part of the inter-local agreement between the county and city, […]

Council approves Dynamo Stadium deal

Two down, one to go. The Houston City Council unanimously approved an agreement this morning that is expected to pave the way for a new professional sports stadium for the Houston Dynamo and the Texas Southern University football team. Although some council members voiced concerns about the finances of the $95 million public/private project, many […]

Dynamo Stadium deal finally struck

Took ‘em long enough. The city of Houston and Harris County have struck a potential deal on a new stadium for the Houston Dynamo and Texas Southern University’s football team, agreeing to jointly pay for $20 million in infrastructure upgrades if the soccer team follows through with a commitment to foot the bill for the […]

“There’s no such thing as a project like this without public money”

Dynamo President Oliver Luck throws a little cold water on the claims that a Westpark Stadium could be built exclusively with private funding. “We have not been presented a plan by the Midway Companies,” Luck said. “I can’t say whether there’s ‘no public money’ involved. “We (the Dynamo) won’t talk to the city or county […]

The Dynamo contemplate their options

Is the future of Dynamo Stadium on Westpark? Could be. Dynamo President Oliver Luck is in talks with a developer about building a soccer stadium on private land about a mile south of the Galleria. The Dynamo have not abandoned plans to build on a 12 acres of city-owned land downtown, Luck said. But the […]

Dynamo fans rally for the stadium

There was a rally by Houston Dynamo fans over the weekend in support of getting the stadium deal done. Hair Balls and the Chron’s Glenn Davis have coverage. From what I can see, it looks to me like the ralliers have the right idea. From the Chron: “This is the best stadium deal that has […]

Post-election Dynamo Stadium update

So where do we stand with Dynamo Stadium now that the Mayoral election is over? Pretty much where we were before it, actually. Of the MLS teams pushing for a stadium, the Dynamo appear closest to the goal. Team ownership hopes to strike a deal with the city of Houston and Harris County for a […]

The Dynamo Stadium issue in the Mayor’s race

Moving away for the moment from ridiculous homophobic scare tactics in the Mayor’s race runoff to an issue of actual substance, we have the matter of the Dynamo Stadium deal and where the respective candidates stand on it. [Annise] Parker supports the deal as structured by [Mayor Bill] White — in which, her campaign says, […]

More on the city-county TIRZ deal

The Chron does a kind of big picture overview story of the city-county TIRZ deal that we heard about earlier this week. If successful, the months-long negotiations between the city and Harris County could provide a solution for problems that have vexed both sides for years, including redevelopment of the Reliant Astrodome, construction of a […]

Locke’s crimefighting plan

In the past week or so I’ve had several Mayoral candidate issue papers hit my inbox. As there was one from each campaign, I thought I’d try to do a little analysis of each of them. We’ll start today with Gene Locke‘s Seven Point Plan to Keep Houston Safe, which you can see here. Locke’s […]

A city-county threefer?

In case you were wondering why there didn’t seem to be any progress in making a Dynamo Stadium deal, it appears the reason for that is there will be much more to it than just a stadium deal. The city of Houston and Harris County are negotiating a deal that could pave the way for […]

Dynamo moving forward

Dynamo Stadium has been in the works for a long time, but depending on how things go this month, there might be some light at the end of the tunnel. [T]he Dynamo view this month as pivotal in their quest to go from a routine archeological dig to a bowl excavation and from renderings to […]

Whose TIRZ?

My reaction to this story about whether some development projects that didn’t benefit from getting a TIRZ designation might have been better suited for it than some that did get that benefit is that as long as there are those who get and those who don’t we’ll always have those questions. Maybe that’s an argument […]

Council OKs TIRZ deal for Regent Square

The deal to jumpstart Regent Square, the idle development on Allen Parkway, was approved by City Council yesterday. The program, approved unanimously by City Council, will reimburse the developer of Regent Square — a 4-million-square-foot community that will abut Allen Parkway near Dunlavy and Dallas — for public improvements the developer has agreed to make […]

Stimulus package, Council-style

What to make of this? Houston is set to embark on a program to provide a boost to some of the city’s biggest developments, many of which have been put on hold amid the ongoing financial crisis. The plan aims to entice developers not to put their multimillion-dollar projects on hold in exchange for millions […]

Dynamo Stadium funding almost secured

Another step forward for Dynamo Stadium. Dynamo ownership has all but secured all of the financing needed for the construction of an $80-million soccer stadium just east of downtown and plans to break ground on the project as early as this fall. “We have some I’s to dot and t’s to cross, but things are […]