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eLy383Inc

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Posts posted by eLy383Inc

  1. Block in Midtown sold

    More than two years after Metro's light rail line took its maiden voyage, development along the 7.5-mile route has been slow to materialize, some have said. Others have argued that point, explaining that big changes take time.

    A lot of the transformation so far has taken place in Midtown, where a prime block of land just sold at the corner of Main and Elgin.

    A CVS Pharmacy will be built on the southeast corner, according to Marshall Davidson of Cushman & Wakefield,

    who was involved in the land sale.

    This will be CVS's second store in Midtown. The pharmacy chain already operates an outlet on Gray in the neighborhood's northern end.

    Davidson wouldn't disclose the sales price, but properties in the area are being marketed for upwards of $50 per square foot.

    "Inevitably, there's going to be a premium paid for properties on that rail line," he said.

    Monte L. Tinkham Properties was also involved in the transaction.

    nancy.sarnoff@chron.com

  2. Block in Midtown sold

    More than two years after Metro's light rail line took its maiden voyage, development along the 7.5-mile route has been slow to materialize, some have said. Others have argued that point, explaining that big changes take time.

    A lot of the transformation so far has taken place in Midtown, where a prime block of land just sold at the corner of Main and Elgin.

    A CVS Pharmacy will be built on the southeast corner, according to Marshall Davidson of Cushman & Wakefield,

    who was involved in the land sale.

    This will be CVS's second store in Midtown. The pharmacy chain already operates an outlet on Gray in the neighborhood's northern end.

    Davidson wouldn't disclose the sales price, but properties in the area are being marketed for upwards of $50 per square foot.

    "Inevitably, there's going to be a premium paid for properties on that rail line," he said.

    Monte L. Tinkham Properties was also involved in the transaction.

    nancy.sarnoff@chron.com

  3. We currently have a location in Downtown and patronize mostly professionals. We also cater to many offices in the TMC already. I didn't mention our name since I didn't want to self promote. I'm pretty certain our reputation and quailty standards are in high regard or at least we do our very best to keep it that way. I just wanted to know if any here on this board knew of any good hotspots. Driving around in the TMC, you do not see many retail areas except around Dryden. Posting here in the first place is part of my initial DDs.

  4. We are planning to open another location in the Medical Center, but we want to know where the best retail space would be to maximize traffic. We know rent would be high, but think the location is worth it. Just trying to get information on the most crowded spaces since we are never down there for lunch or dinner. Thanks

  5. I would like to echo some of these same comments.  I know my association's fees are high, but the association / complex has a master water meter for all the units.  So the association must pay for water usage.  That is a huge expense.  Do you pay for your own water directly or does the association pay for it?  Landscaping is another large expense.  I don't think people realize how expensive many of these items are.  Insurance for both property and Directors & Officers Liability insurance are other significant expenses.

    All that being said, we pay about 1400.00 per year and don't pay any management fees.  At the end of the year, we spend nearly all of what we take in.  The danger in that is we are also responsible for exterior maintenance of homes, etc.  You would want your association to ensure they have adequate funds on hand for these issues.

    I pay approximately $500.00 per month for my Association consisting of only 11 units. A special assement of $150.00 is included after the Allisson flood for additional insurance. We all pay for our own water. We barely have any grass so landscaping is minimal since we just have a bunch of trees and bushes. I understand they are trying to save money for repairs and improvements for the future, but I think ours is very high.

  6. Hello,

    I am the owner of Blue Moon Cinemas.  We are doing the Market Square movies and would love for you all to come.  The next series will be planned for early Spring but you can go to our website www.bmcinemas.com and look at our schedule.  We will be posting new events for our 2005 season. 

    Thanks

    Blue Moon Cinemas

    What can we do to make it a permanent event @ Market Square? This past weekend was the largest crowd yet. If it continues, the crowd would only get bigger.

  7. I was looking for some ideas of what this block could be. It is an old 1960's era mall that currently has Les Givral's Cafe as it's most well known tennant. I have a fair amount of influence with the owner of the property and he is looking to either remodel somehow or tear the whole thing down and build. Obviously, one is way more costly than the other. Any suggestions would be appreciated.

  8. Ms. Nancy:

    It is inevitable that "Little Saigon" will no longer exist for its original purpose which was to cater to its predominant clients, asian immigrants. With the detrimental increasing of property taxes in the area, many business owners have had to relocate to mantain their livelihood. I believe that these efforts that the city is proposing is much too little too late. These proposals seem to me to be just for publicity sake and not for the true intention of saving " Little saigon". It does not answer any critical and immediate problems that these business owners are facing now or have been in the past five to six years of midtowns reconstruction when no one even heard of 'Midtown' in Houston. If the city really wanted to retain "Little Saigon", they could possibly develop a property tax cap or structure to eleviate some of the burden or give tax credits to business owners who have been in the area for so many years. There are many things the city can directly do to save "Little Saigon". But I do not believe that by putting up signs in Vietnamese or palms trees are truely genuine efforts to do anything. 'Give me a break.' with this said, it will be a great shame and lose to this area when "Little Saigon" no longer exist. Houston will loose another piece of its cultural signature.

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