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The Cosmopolitan Of Houston: Multifamily At 1818 Commerce St.


Urbannizer

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http://www.realtexdevelopment.com/portfolio-view/the-cosmopolitan-of-houston/

http://www.realtexdevelopment.com/wp-content/uploads/2014/08/Block-166-480x300.png

Class “A” Multifamily Development site located at:

Block 166 of downtown Houston, TX

This apartment community is currently under development.

204 Units.

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Its funny, I was just commenting last week about the number of parking lots on the North side of Minute Maid. Its nice to see things starting to happen there. When we lived a block northeast of that in the Wagon Works bldg.,  it was pretty quiet and dark all the time, but once they started building the stadium it started to change. Then all of those parking lots just sat there, except for the Cotswold improvements which did bring better lighting and landscaping to the area, but no other development.

Maybe this will get the ball rolling on this less developed section of downtown.

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Will be good to have some more moderately priced downtown living. Broadens the market.

 

Agreed. Plenty of folks with decent jobs that still can't afford rent at the high end stuff popping up recently would like the option, I would guess.

 

The drunk tank isn't the easiest neighbor to sell, but such a compromise could keep rent down if/until people figure out that it is no big deal.  I always liked that converted building on Chenevert right by the 59N entrance ramp, but it is even closer to the "Sobering Cener".

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So the design was so underwhelming they refused to disclose it?

 

I sense another five-level stone-faced apartment block wrapped around a garage. <_<   

 

Baby steps.  Another five-level stone-faced apartment is a huge step up for this part of downtown.  To me it's actually really interesting to see how residential types are developing around downtown now that residential development has (finally) begun in earnest.  I think if you came back in 20 years the residential high-rises will primarily be at Market Square and north of Discovery Green, with five-story apartments dominating in the rest of downtown. 

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It will be nice to have additional folks Downtown to support various types of retail. I tend to think additional residential development creates a sort of critical mass that will make Downtown attractive to everyone as additional cafes and shops can follow.

They're going to need groceries. The whole swath from MacGregor all the way up to Northside and beyond is regarded as a "food desert", so it could definitely support something along the lines of WinCo, Aldi or Market Basket. Trader Joe's could also make a go of it down there. DC has done a lot with apartment blocks atop grocery stores, so it can work in any urban setting.

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They're going to need groceries. The whole swath from MacGregor all the way up to Northside and beyond is regarded as a "food desert", so it could definitely support something along the lines of WinCo, Aldi or Market Basket. Trader Joe's could also make a go of it down there. DC has done a lot with apartment blocks atop grocery stores, so it can work in any urban setting.

 

I lived near Mt. Vernon Triangle in DC during law school. My first thought is of the Safeway located there below the City Vista apartments. I have stated before that a similar arrangement could work here in Houston (although my preference is for an HEB). Glad to see I am not the only one.  :)

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Houston did not get Harris Teeter, which became a major fixture in DC (the Teeter in Shirlington is a great example of mixed use combining residential, shops and even a theater and library). Sadly Teeter's been gobbled up by Kroger, so no chance of seeing them in Texas. :angry:

Edited by toxtethogrady
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  • 1 month later...

Driving around this morning I saw a team doing soil samples on the block bound by Commerce, Chenevert, Franklin and Hamilton (aka block 166).  It is currently all surface parking.  I did minimal digging but couldn't find any mention of this.  Does anyone have any info?  If not, I think it's safe to assume this is preliminary work for that 100+ story building...

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Different project. Solero at the Park is proposed for block 107.

 

http://www.houstonarchitecture.com/haif/topic/30533-solero-at-the-park/

 

Here's a look at other projects by the developer, gives us an idea of what to expect.

 

10644594_730408203662597_545649288553306

 

is this one in downtown Waco? 99% sure i watched this complex get built over the course of a year or so through one of the windows in my loft..

edit.. just dug through some old photos.. i definitely watched this get built (i should have realized from the 7th street sign) its nothing amazing, but it was a big deal for Downtown Waco to get a new complex this large. most of the residential units have been smaller, old warehouse conversions to lofts. not full blown complexes.

F5E676CA-88A4-4428-B43E-BB7CC26FF6FB_zps

Edited by cloud713
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  • 5 weeks later...

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