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Marlowe: Condominium High-Rise At 1211 Caroline St.


Dakota79

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100 units (1 to 3 bedrooms)

909 to 2500 square feet

Interesting.

It seems to me that a 2 bedroom 2 bath at about 1500 (+/-) square feet is likely the sweet spot. At $400 per square foot that is $600k ...... If they can keep the HOA fee "reasonable" at, about $0.50 per sq ft per month, they may have a real winner. But.....

My guess is that they will be closer to $500 per sq foot and HOA will be $0.80-ish. Time will tell.

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Remember when I said there were people on site doing things?

They put this up on the old Front Row Tickets building...

He looks like every dancer at LaBare in the 90's. I found a VHS in a relative's closet. LaBare if you Dare.

 

Seriously though what about his face and hair makes someone want to buy a condo?

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Seriously though what about his face and hair makes someone want to buy a condo?

 

That ad copy is just genuinely bad. Even for a Randall Davis project.

 

Maybe it's just me, but the subject line for the inquiry email you can send to the sales director on the site sounds like a desperate groupie, rather than someone who is interested in investing in a residence in a highrise. I could be wrong, but if I'm asking for info on this development, I'm not compelled to proclaim to her that "I Want to Meet Marlowe!". A simple project folder would suffice.

 

Plus, when your website says that your fictional character/actual philosophy is smarter than the existing renter / potential buyer - ehh. Doesn't seem like the wisest move.

 

It almost makes me want to beg for the standard entry in his bio for his previous developments:  "When asked to describe (project) , Randall Davis would say… (something grandiose that may or may not actually describe the project)"

 

Somehow, I don't think it would be as silly as this effort.

Edited by ChannelTwoNews
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You can lump Randall in with Tilman. Both will say whatever it takes but neither one can be trusted.

Look at how Tilman was all over the news last night showing off his new casino in Louisiana.

One day he's crying doom and gloom and the next he's inviting everyone to bring all of their hard earned money

over to the new Golden Nugget and invest it. Two peas in a pod. 

Unfortunately for Tilman he might have gotten caught with his pants down now that all of the uber oil money is drying up.

Not the best time to be opening a casino in the oil belt.

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  • 5 weeks later...

creepy.. with a slight bit of sexual connotations.. what kind of "randall davis" marketing campaign is this?  why the promotional sign upon that brown building?  could this be marlowe's hideout...

Edited by monarch
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I say, when Davis gives up on this one, we should open a fly-by-night bar in the old ticket broker building and call it Marlowe and Gargoyle’s. Three of us would get the joke.

 

Let's hope he doesn't give up - it will just take away from the Downtown Living Initiative.

 

“In the event that an approved project is cancelled for any reason, the units previously assigned to that project by the Board will not be reassigned to other approved or unapproved projects”

 

http://www.downtownhouston.org/site_media/uploads/attachments/2014-12-29/141224_HDMD_Applicant_Memo_on_DLI_Closeout.pdf

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I hope it is a go as well, I was just having a bit of fun with the doom and gloom attitude that seems to have been building momentum lately.

 

Not to be argumentative, but I think that there are still a ton of positive things happening, despite low oil prices.

 

I am hoping Capital Tower gets built still. 6 Houston center & International Tower (1 Market Square) seem dead.

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Not to be argumentative, but I think that there are still a ton of positive things happening, despite low oil prices.

 

I am hoping Capital Tower gets built still. 6 Houston center & International Tower (1 Market Square) seem dead.

 

Skanska will build their building, because they have the capital; it will just be a waiting game.  Don't give up on 6HC, remember they were going to go spec in the summer.  Although not many, there are still a couple 300k RSF + tenants in the market right now.  My bet is these tenants will cut a deal to renew where they are, but you really never know how aggressive JLL may be to get the deal done.  6HC probably missed the wave, but don't rule them out just yet, because their ARE tenants still looking.

 

International Tower is dead, and has been for some time now.

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Skanska will build their building, because they have the capital; it will just be a waiting game.  Don't give up on 6HC, remember they were going to go spec in the summer.  Although not many, there are still a couple 300k RSF + tenants in the market right now.  My bet is these tenants will cut a deal to renew where they are, but you really never know how aggressive JLL may be to get the deal done.  6HC probably missed the wave, but don't rule them out just yet, because their ARE tenants still looking.

 

International Tower is dead, and has been for some time now.

 

I don't think most people on this forum realize that oil isn't the only sector that can take advantage of 6HC. The rest of the economy is doing tremendously well right now... I can see a financial or real estate company being a tenant for 6HC but I don't have any news of that happening.

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