HoustonMidtown

The East End Townhome Development Thread

108 posts in this topic

On 3/10/2017 at 3:37 PM, Sanjorade said:

Also, it looks like Peace street is being connected close to where "The Ivy Lofts" site is.

 

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Haha if you google that address it used to be a towing company

Metro Auto Storage - 23 Reviews - Towing - 1733 Ennis St, EaDo...

Quote

When I realized my car was towed I was able to quickly get a hold of Metro and they were efficient over the phone. ... Metro Auto Storage towed a vehicle I used to own and transferred to a relative way back in September 2015. ... The wrecker that made it to the scene first named Richard ...

Rating: 1 1/2 stars

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Filling in fast....

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Edited by HoustonMidtown
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I find it interesting that Eado seems to have continuous building but tosnhomes may have slowed down in midtown?  Why?

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More open lots or less expensive land?

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10 hours ago, cspwal said:

More open lots or less expensive land?

 

Yeah, I'd say the land probably runs about 50% less in eado. It's tough to make townhomes work with dirt over $60psf. 

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8 hours ago, HNathoo said:

 

Yeah, I'd say the land probably runs about 50% less in eado. It's tough to make townhomes work with dirt over $60psf. 

 

The lots east of dowling seem to be selling for prices good for townhomes, whereas those west of it are getting priced out from what I can see. Seems like there will be a clear distinction between the residential and commercial parts of eado. Of course, there will be some interspersing.

Edited by Sanjorade

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1 hour ago, Sanjorade said:

 

The lots east of dowling seem to be selling for prices good for townhomes, whereas those west of it are getting priced out from what I can see. Seems like there will be a clear distinction between the residential and commercial parts of eado. Of course, there will be some interspersing.

 

East of Dowling has to meet city parking requirements, whereas west of Dowling is classified as CBD. This really changes the economics for commercial development, and justifies the price differential.

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