Sanjorade Posted August 20, 2018 Share Posted August 20, 2018 https://www.har.com/0-pease-avenue/sale_13376555 This is selling for a record sq ft price according to the broker. Buyer is involved in hospitality of some sort. Link to comment Share on other sites More sharing options...
cspwal Posted August 20, 2018 Share Posted August 20, 2018 Intriguing... and isn't this more east downtown? It's right at the exit of the Gulf freeway into downtown Link to comment Share on other sites More sharing options...
Sanjorade Posted August 20, 2018 Author Share Posted August 20, 2018 14 minutes ago, cspwal said: Intriguing... and isn't this more east downtown? It's right at the exit of the Gulf freeway into downtown Correct. This sits right next to Brother’s Tacos. Link to comment Share on other sites More sharing options...
HNathoo Posted August 21, 2018 Share Posted August 21, 2018 Seems like a pretty good multi-family site. I don't know what flag would allow you to build a hotel over here - just isn't enough going on in the area yet. The land west of Dowling is starting to get very pricey. Ancorian has been buying up everything around their East Village development. I think we'll start seeing $100psf+ very soon. Link to comment Share on other sites More sharing options...
Sanjorade Posted August 21, 2018 Author Share Posted August 21, 2018 55 minutes ago, HNathoo said: Seems like a pretty good multi-family site. I don't know what flag would allow you to build a hotel over here - just isn't enough going on in the area yet. The land west of Dowling is starting to get very pricey. Ancorian has been buying up everything around their East Village development. I think we'll start seeing $100psf+ very soon. Multi family or strip mall is what I’m thinking. It’s a bit of an odd piece of land due to the diagonal slice that is Brother’s Tacos. Link to comment Share on other sites More sharing options...
samagon Posted August 21, 2018 Share Posted August 21, 2018 3 hours ago, HNathoo said: Seems like a pretty good multi-family site. I don't know what flag would allow you to build a hotel over here - just isn't enough going on in the area yet. The land west of Dowling is starting to get very pricey. Ancorian has been buying up everything around their East Village development. I think we'll start seeing $100psf+ very soon. yup, anything within the borders of the parking ordinance exclusion zone is going fast. Link to comment Share on other sites More sharing options...
thedistrict84 Posted August 21, 2018 Share Posted August 21, 2018 3 hours ago, Sanjorade said: Multi family or strip mall is what I’m thinking. It’s a bit of an odd piece of land due to the diagonal slice that is Brother’s Tacos. I really hope it’s not a strip mall. That would be very disappointing. But, glad it will be getting developed instead of sitting vacant as it has forever. I’ve always been curious as to why this lot is shaped the way it is. There are a few other lots in this area of EaDo with similar angles. I assume it was originally utility easements or railroad R.O.W. from many decades ago, which were eventually extinguished or joined back with the original lot. Link to comment Share on other sites More sharing options...
HNathoo Posted August 21, 2018 Share Posted August 21, 2018 21 minutes ago, thedistrict84 said: I really hope it’s not a strip mall. That would be very disappointing. But, glad it will be getting developed instead of sitting vacant as it has forever. I’ve always been curious as to why this lot is shaped the way it is. There are a few other lots in this area of EaDo with similar angles. I assume it was originally utility easements or railroad R.O.W. from many decades ago, which were eventually extinguished or joined back with the original lot. Retail strip can't pay what this will likely trade for. The rents aren't high enough on this side of town. Unless they are an owner/user, it has to go vertical. Link to comment Share on other sites More sharing options...
cspwal Posted August 22, 2018 Share Posted August 22, 2018 21 hours ago, thedistrict84 said: I really hope it’s not a strip mall. That would be very disappointing. But, glad it will be getting developed instead of sitting vacant as it has forever. I’ve always been curious as to why this lot is shaped the way it is. There are a few other lots in this area of EaDo with similar angles. I assume it was originally utility easements or railroad R.O.W. from many decades ago, which were eventually extinguished or joined back with the original lot. If you look at older maps, there was a huge rail yard all along Bastrop going up to where BBVA is Here's a map from 1940 - it shows the yard starting north of Leeland, http://www.harriscountyarchives.com/Maps/imgZ.html?img=img6 You can actually see a rail line coming in from the south, and it would define the odd shape of the lot, with the Taco house up against that old right of way Link to comment Share on other sites More sharing options...
Lyle Posted July 3, 2019 Share Posted July 3, 2019 Any news on this? Looks like some recent movement in April. Application No. 2019-0180 Subdivision Name EADO DEVELOPMENT Link to comment Share on other sites More sharing options...
Urbannizer Posted July 4, 2019 Share Posted July 4, 2019 1965-05 Chris at the corner of Pease and Bastrop by Mark Navarro, on Flickr Link to comment Share on other sites More sharing options...
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