Urbannizer Posted August 30, 2014 Share Posted August 30, 2014 A multifamily building is proposed for the River Oaks area at the corner of Mimosa & Revere. SubdivisionPlatPDF_1031-14.pdf 3 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted June 13, 2016 Author Share Posted June 13, 2016 Update if you can get behind the paywall. The developer is Pelican Builders. http://www.bizjournals.com/houston/news/2016/06/13/exclusive-houston-developer-plans-luxury-condo.html 3 Quote Link to comment Share on other sites More sharing options...
db650 Posted June 13, 2016 Share Posted June 13, 2016 Can't get behind the paywall -- but is this the same site? How many stories and units? 1 Quote Link to comment Share on other sites More sharing options...
CREguy13 Posted June 14, 2016 Share Posted June 14, 2016 moved to corner of Welch and Revere. Up to 9 floors from 6. 33 units 5 Quote Link to comment Share on other sites More sharing options...
db650 Posted June 14, 2016 Share Posted June 14, 2016 So this is a new project? Is the original one dead then? Do we need a new thread? Quote Link to comment Share on other sites More sharing options...
Popular Post Yoda Posted June 14, 2016 Popular Post Share Posted June 14, 2016 13 Quote Link to comment Share on other sites More sharing options...
db650 Posted June 14, 2016 Share Posted June 14, 2016 Pretty boring looking. Expected more from Pelican. 3 Quote Link to comment Share on other sites More sharing options...
KinkaidAlum Posted June 14, 2016 Share Posted June 14, 2016 Looks exactly like a Pelican project Safe, clean, and nice. 1 Quote Link to comment Share on other sites More sharing options...
db650 Posted June 17, 2016 Share Posted June 17, 2016 (edited) Another story in today's HBJ: http://www.bizjournals.com/houston/print-edition/2016/06/17/pelican-builders-plans-new-luxury-condo-in-river.html Can anyone get behind the paywall of these stories and share more details about the project, including amenities, pricing, construction financing, and timing? Architect is Kirksey Edited June 17, 2016 by db650 1 Quote Link to comment Share on other sites More sharing options...
db650 Posted June 17, 2016 Share Posted June 17, 2016 Prices starting at $1.6 million to 2.7 million+, 2,720 to 3,900 square feet. 1 Quote Link to comment Share on other sites More sharing options...
db650 Posted June 29, 2016 Share Posted June 29, 2016 http://thereverehouston.com/ At almost $600 a square foot, this has got to be a record for a mid rise building in Houston. It will be interesting to watch if they can sell these when you can live in a River Oaks highrise with more amenities for less money. 1 Quote Link to comment Share on other sites More sharing options...
Montrose1100 Posted June 29, 2016 Share Posted June 29, 2016 1 hour ago, db650 said: http://thereverehouston.com/ At almost $600 a square foot, this has got to be a record for a mid rise building in Houston. It will be interesting to watch if they can sell these when you can live in a River Oaks highrise with more amenities for less money. Turn Key. No updating. Quote Link to comment Share on other sites More sharing options...
UtterlyUrban Posted June 29, 2016 Share Posted June 29, 2016 The thing that always make me think about buildings this size (4-7stories above parking) is the type of construction. If it is concrete slabs on each floor, then it is fairly quite. Frame? Noisy. Anyone know if this one (7 stories above parking) will be frame or concrete? I assume concrete. What is the COH fire code? Quote Link to comment Share on other sites More sharing options...
db650 Posted June 30, 2016 Share Posted June 30, 2016 I believe you can only go up to six stories with wood. And given the prices, I'd be really surprised if this weren't concrete. This is far more expensive than Randal Davis's Chateau Ten just around the corner and the Huntingdon is going for about $400 a square foot. I"d like to see them pull this off at these prices. I wonder if they don't want to undercut on price their Mimosa Place development around the corner. Even with the finest finishes, this building is crazy expensive for a a mid-rise building with modest views at best and modest amenities (even without the oil crash). 1 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted July 14, 2016 Author Share Posted July 14, 2016 http://swamplot.com/fifties-mod-condos-prep-for-midrise-swapout-on-revere-st/2016-07-14/ 1 Quote Link to comment Share on other sites More sharing options...
db650 Posted August 17, 2016 Share Posted August 17, 2016 HAR listings with floor plans. Note the crazy expensive price, and that many of the "cheaper" units under 2 million have only a handful of windows (at least from my read of the floor plans). Given the unusual shape and small size of the lot, the units are also very narrow. It's hard to imagine these will sell, especially given the glut of super expensive townhouse around the corner that aren't selling either and are actually cheaper. http://www.har.com/search/dosearch?region_id=1&for_sale=1&property_class_id=6&buildingname=The Revere At River Oaks 3 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted March 11, 2017 Author Share Posted March 11, 2017 http://www.bizjournals.com/houston/news/2017/03/10/houston-developer-closes-on-river-oaks-area-land.html Houston-based Pelican Builders Inc. announced March 10 it closed on the purchase of land for its next luxury condominium project, which will be between Houston’s River Oaks and Montrose neighborhoods. The Revere will be at 2325 Welch St., at the southeast corner of Welch and Revere streets, right behind the Huntingdon luxury condo tower. 7 Quote Link to comment Share on other sites More sharing options...
db650 Posted March 11, 2017 Share Posted March 11, 2017 Surprised they didn't announce pre-sales. It's sort of implied but not stated. Anyone know how building is doing? 3 Quote Link to comment Share on other sites More sharing options...
db650 Posted May 15, 2017 Share Posted May 15, 2017 I was by this area over the weekend. It looks like the residents are all gone. They had some very light equipment on site. Is demolition imminent? How are pre-sales? 3 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted June 20, 2017 Author Share Posted June 20, 2017 On today's demo report: http://swamplot.com/daily-demolition-report-lowly-revered/2017-06-20/ 3 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted June 21, 2017 Author Share Posted June 21, 2017 http://swamplot.com/be-triangled-fifties-mod-condos-on-revere-st-get-bent-into-all-kinds-of-exciting-new-angles-by-visiting-excavator/2017-06-21/ 7 Quote Link to comment Share on other sites More sharing options...
HoustonMidtown Posted July 1, 2017 Share Posted July 1, 2017 8 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted July 3, 2017 Author Share Posted July 3, 2017 6 Quote Link to comment Share on other sites More sharing options...
db650 Posted August 14, 2017 Share Posted August 14, 2017 It looks like Pelican Builders moved the sales center trailer that was at Mimosa Place to the Revere. Sales at the Revere are about 10 percent after one year of marketing, but I guess they are still trying to push this forward with the clearing of the land and movement of the sales center. And what will happen to Mimosa Place -- the 18 story Pelican town home community down the road? Will this be a joint sales center now for the Revere and Mimosa Place? I believe that Mimosa Place is also not selling very well. They fenced in the (I believe 6) completed town homes away from the remaining vacant land, so I'm not sure if they are still planning to finish that development. 4 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted August 23, 2017 Author Share Posted August 23, 2017 http://www.chron.com/business/real-estate/article/Houston-Pelican-Builders-condominiums-11951047.php#photo-13880722 Pelican Builders begins testing the market today for a condominium building near River Oaks with units priced as high as $2.6 million. The Houston developer opened a sales center Wednesday for the proposed nine-story luxury condo building called The Revere. The 32 units would range from 2,800 to 3,800 square feet. 6 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted August 24, 2017 Author Share Posted August 24, 2017 https://www.bizjournals.com/houston/news/2017/08/24/developer-launches-sales-center-for-luxe-condo.html Pelican Builders has pre-sold four units so far in The Revere at River Oaks, which represents a quarter of the way to reaching its pre-sale goal of 50 percent. Most lenders require condo developers to sell at least half of its units before extending a construction loan. Derek Darnell, president of Pelican Builders, said he anticipates sales to cross the 50-percent threshold by Thanksgiving, at a sales pace of one unit per week. 3 Quote Link to comment Share on other sites More sharing options...
db650 Posted August 24, 2017 Share Posted August 24, 2017 So they plan on selling one per week -- after selling 4 in the past year? Skeptical that the onsite sales center will boost sales to that extent, especially with all of the competing options nearby. Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted November 17, 2017 Author Share Posted November 17, 2017 30% sold as of Nov. 2nd 4 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted December 12, 2017 Author Share Posted December 12, 2017 http://realtynewsreport.com/2017/12/11/new-condo-projects-turn-on-houston-buyers/ Another Pelican property showing brisk sales is nine-story boutique condo designed by Kirksey, is called The Revere, with 33 residences. It’s been several months since The Revere’s sales center opened, which coincided unceremoniously with Harvey wreaking havoc on Houston. “The response to The Revere has been so positive that we are committed to breaking ground in Spring 2018,” says Bland. “It’s truly a milestone event for Pelican Builders and confirms that there is a market for people looking for a hassle-free, luxury lifestyle in a River Oaks location – now more than ever.” 5 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted February 22, 2018 Author Share Posted February 22, 2018 Subdivision Plat: SubdivisionPlatPDF_Revere.pdf 4 Quote Link to comment Share on other sites More sharing options...
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