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db650

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  1. Need to compare apples to apples. How much more is concrete vs wood frame construction? The interior buildout is also very expensive vs builder grade finishes.
  2. So no condos in their portfolio? It's very different than most of the retail/commercial or even some of the SFH projects they built. It makes the project less certain than if established condo developers were behind it.
  3. They will need to hit presales before construction begins. Last time they only presold 1 of 11 units so they redesigned the building with smaller units and didn’t market it for about a year. They also moved sales agencies. Sudhoff was their old agent and they seem to represent all the new high end construction. Not sure any of this will work. Has the builder Citiscsape put up multi-family in Houston before?
  4. That’s an old picture. I walked by this afternoon. It looks like they’re just finishing the staircases for roof access but the roof itself looks finished. I think the building has one more floor finished than what that picture reflects.
  5. They started constructing a wood fence around the site today. This.looks like it is finally getting started in earnest.
  6. Neat. My understanding is the building will top off on Monday.
  7. Every time I see updated pictures I can’t help but think about the Robinhood condos and that they are getting what they deserve.
  8. 70% sold, topping off at the end of the month, first units ready in approximately a year, according to HBJ: https://www.bizjournals.com/houston/news/2019/04/01/river-oaks-luxury-condo-to-top-off-this-month.html
  9. These are very expensive condos, not apartments. They should be a lot more durable as they are concrete and not the cheap wood common with 5 story wood frame construction.
  10. This project seems to be moving faster. Thanks for pics!
  11. I think this project is now dead. I think this is the land that just went under contract: https://www.har.com/2406-mimosa-drive-7/sale_93095410. I don't know what the new buyer has in store for the land. The neighborhood resisted this building from the start.
  12. Exciting to see this area develop. Someone needs to knock down the Public Storage across the street next.
  13. Now 65% sold per their website.
  14. The crane was constructed this morning.
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