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lwood

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Everything posted by lwood

  1. "Our attitude toward life determines life's attitude towards us.” ~ John N. Mitchell
  2. I am bringing an old topic to life. Does anyone live at Rise or have current knowledge of the building? Any comments on Rise are appreciated.
  3. That project started about 5 years ago. It's sure been open to the elements for a long time. For a while, they were competition with Live Oak Lofts, nearby. I was told that Live Oak was marketed to investors from the east and west coasts but most of the units then went into foreclosure.
  4. Houston Business Journal of August 22 - 28, shows a building permit applied for "Travis Lofts LLC multi-family residence at 2510 Travis St. (condo/apartments) $2,500,000." That's on page 31A of HBJ.
  5. There was an article in Houston Business Journal recently stating that a broker was trying to pull together a deal for every owner to sell to a developer. The complex would be completely torn down for the value of the land. Based on the relatively low market value of the units, each owner would probably come out better if everyone sold out.
  6. It's a classy building. I don't live there but I wish I did. The maintenance fee good, especially when you consider all that it includes. I believe this bulding has a chilled water AC system for the AC. Great services. If you choose one of the units on HCAD, click on ownership record, you will see that they are relatively slow to change hands. There are typically only 7 or 8 on the market at any one time. That's less than 3% of the building. The Realtor Shirley Sanders has a great high rise report on her web site. Units sold and units for sale, by building. The Chronicle recently had a story that said that in 8 years the medical center will be larger than downtown. As long as the medical center is there, I think this building will do well.
  7. There is a sign on the property immediately west of Onion Creek. The rendering of the building shows 4 levels of parking with 9 levels of apartments above. "For lease information call Ed Rizk Properties 281-531-0808". Have I been missing it or is this sign new? Any info available?
  8. I have heard that you can hear your neighbors in the next unit. Is this true in your situation? The building seems to have that reputation because I have heard that comment from different people. Also, is the maintenance fee based on square footage or do the small units pay the same as the large units?
  9. The location is good the price is good and the maintenance fee is right. However, if I remember correctly, the ceiling height is 8-feet. That made the unit feel somewhat confining. I was told the lobby flooded during Allison.
  10. On Shepherd, almost across from Mak Chin. That's just north of the railroad tracks, on the right if you are north bound.
  11. I stopped by Highland Tower's sales office today. Design by ZCA Residential. Very high end finishes. slightly rounded fronts of the building face east and west. 825 sq. ft. units on floors 3 - 12 range in price from $300,000 to $400,000. Sizes and prices go up from that. Eight units have deposits in the first week. 25 units have to be under deposit for the project to move forward, per the sales person. Move in date estimated to be about 24 months out. Edith Personnette is handling the marketing of the property. You may remember her marketing the Spires in the 1980's. This builder recently completed the Briarglenn nearby.
  12. The photo that includes The Parklane is great. I've always liked the looks of the Parklane. The original sales literature described it as "nautical" in design. Thanks for the photo.
  13. We toured the building yesterday. One bedroom units overlooking Main were in the low 200's for roughly 1,100 sq. ft. A corner two bedroom was in the 260's. The downside is that the building has no parking. Maintenance fee if 44 cents/sq. ft.
  14. I just spoke with the listing agent. One bedrooms overlooking Main Street are priced at $204,900 on the third, seventh and eighth floors. Not a bad deal. 1,191 sq. ft.
  15. The listing agent said the maintenance fee is 44 cents/sq. ft. The listing states that some units face Main. It is probably like the other lofts in that the lower priced units face a back alley. I do agree that the price seems reasonable depending on what the maintenance covers.
  16. Comments made with tact are more productive and puts a better light on the author.
  17. What was your opinion of the building? Have you seen other loft conversions that you could compare it to?
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