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Belfiore On Post Oak: Condominiums At 1275 South Post Oak Ln.


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  • 3 weeks later...

Almost sold out already!

 

http://www.bizjournals.com/houston/blog/breaking-ground/2014/05/belfiorealmost-sold-out.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+bizj_national+(Bizjournals+National+Feed)

 

It makes me wonder if this place will serve as a second home for the elite as does One Park Place in downtown serves as a second residence for some of the people there.

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  • 4 weeks later...

Almost sold out already!

http://www.bizjournals.com/houston/blog/breaking-ground/2014/05/belfiorealmost-sold-out.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+bizj_national+(Bizjournals+National+Feed)

It makes me wonder if this place will serve as a second home for the elite as does One Park Place in downtown serves as a second residence for some of the people there.

Yes, i believe that a number of the buyers may be "absentee" owners for much of the year. I can absolutely see a foreign national oil executive in a private business owning a condo here (or other complex). When he comes to town, he brings the family and they stay 2 months. They conduct business, shop, etc. Then head home or to yet another location.

OPP is 90%+ leased according to the newspapers. Yet, the parking garage does seem to be much less than 90% full. Maybe a number of tenants don't have vehicles.... That is certainly possible. But, my bet is on the fact that a significant number of tenants are not full time occupants. They split their time between Houston and somewhere(s) else.

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  • 2 weeks later...

This one has land around it, Astoria is using the entire plot. That makes logistics much more difficult.

 

did the astoria have a large amount of sales prior to breaking ground?  belfiore was practically sold out before it started going up.

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What are the chances that the tallest building in Houston will be residential someday? Chase has got to be beaten eventually. Is there a building called the Houstonian?

Fat chance, unless it's mixed used....and still not looking very likely, IMO.

Yes, there is a Houstonian condo high rise, next to the Houstonian hotel.

http://www.har.com/highrisefinder/dispHirDetail.cfm?building_id=14

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