Monthly Archives: August 2012

Sustainability Payback

Shown here is Joel Ambre , LEED Green Associate, Director of Development, Skanska USA Commercial Development, speaking at the ULI Houston August luncheon. Where’s the low-hanging fruit? If you pay a premium for a more sustainable building design, technology or development approach, what’s an acceptable pay-back period? Is there an energy-saving or more environmentally friendly technology you considered in the past, opted not to use it then, but are using it now, either because technology has improved, or more performance data has validated the decision? Questions like these kept more than 230 … Read More

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RECAP: Sustainability Lunch


Original Article Sustainability: Where’s the ROI? from Urban Land Institute on Vimeo.

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ULI Member News Midway Purchases Pavilions


LOS ANGELES (August 20, 2012) — Canyon-Johnson Urban Funds (Canyon-Johnson) and Midway have acquired the Houston Pavilions, a mixed-use project spanning three city blocks in the heart of downtown Houston.  Completed in late 2008, Houston Pavilions is a Class-A project connected via sky bridges and above-ground walkways.  The development includes the fully occupied, 11-story regional headquarters for NRG Energy, one of the largest power generating companies in the country, along with restaurants, retailers and venues including the House of Blues, Forever XXI, McCormick & Schmick’s and Lucky Strike. In the … Read More

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Midway partners with Canyon-Johnson on Pavilion purchase

We are watching with interest to see what Midway makes of three big city blocks in downtown, which are now known as The Pavilions. Whatever changes Midway brings, we imagine the task at hand can’t be as daunting as transforming a moribund traditional shopping mall into CITYCENTRE, one of the liveliest, most walkable activity magnets in Houston. Midway tackled that feat during the worst economic downturn in decades. For  video of Development of Distinction Award-winning CITYCENTRE, click here Riding a stronger economy, Midway now packs a track record of having … Read More

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