jlt1988

Does anyone know what is planned for the large tract at the former site of Houston Community College on Richmond at Dunlavy? Who is the developer?

I am a real estate buyer's agent and only two buyers in nine years have mentioned that area to me. So I would have to say that appreciation and/or resale might be difficult. Also, you want to stay away from lots of apartments, as mentioned by danax.

Everything west of Epicure will go. Mafreless is east.

I was told that the land where the theater sits is owned by Sears and Weingarten only manages it.

Is this guy b.s. or what? I haven't heard anything about it:

"Dudes and Ladies,

I was very upset when I heard from a business owner in River Oaks Plaza that later this year, early next, they are getting rid of the theater to put in a 30 story high-rise.

word is, they are axing black eyed pea too, for a multi-level parking garage."

You can read the rest here: http://members.boardhost.com/hands_up/msg/1151627265.html

Anyone know anything?

I have just been told that this is true and a Crate and Barrel will go where Jos A. Banks is now. Pretty reliable source. Time to leave . . .

They will be VERY hard to resell. If buyers knew how overbuilt this market is, they wouldn't consider this type of property.