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Mark Resident

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  1. Working on the east side of the property today. I keep reading that construction costs are starting to come down. Let’s keep our fingers crossed!
  2. Last week I noticed some activity on the site… looks like someone delivered some drainage pipe/culverts. Nothing this week. What a tease!
  3. Very disappointing... I had high hopes for this property. I suppose we will end up with another 4 story apartment building. Ugh!
  4. Just an FYI regarding the Mercer... our general manager at the Mark worked at the Mercer when it first opened. Apparently the skyrocketing price of cement prevented the second tower from being built. Just as well if you ask me. Same developer built both the Mercer and Mark and then went bankrupt. Back to topic... I noticed some soil testing (is that what they call it when drilling holes all over the property?) about 6 months ago on this property. Hope this and the McNair developments happen. This side of town desperately needs some lovin... The Bristol and particularly 3525 Sage is looking pretty shabby. The Mark was recently painted and is holding its own but we could use some new investment over our way.
  5. Why do they keep building apartments when the market is so saturated?
  6. I do not see an update other than the picture. Was there some kind of announcement about this or link? Thanks
  7. Looks like activity continues unabated. It’s interesting that they are already looking at windows. I thought that would occur later in the building process. I’m assuming that is a good sign for continued development past the initial infrastructure buildout.
  8. If you are native to Houston you have witnessed the cyclical nature of the oil industry and its impact on all things Houston, including real estate of course, going back many years. I still remember trying to get my career as an accountant off the ground in the mid 80’s when the local unemployment rate was 12%. Almost had to leave the city to find a job but got lucky at the last minute. And there have been several downturns (including this one) ever since. And without exception, everyone of those downturns was an opportunity to buy into Houston’s economy at a discount and reap big rewards later on. I don’t see why this downturn would be any different...
  9. Topping off pic from top of the Mark. Nice to see a building finally crashing through the 30 story glass ceiling.
  10. They seem to be stepping up the infrastructure build out. The culverts are new additions along with the dirt pile which is growing by the minute. Lots of activity. I hope to post pictures of the building construction if it comes to fruition... keeping my fingers crossed!
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