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H-Town

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  1. H-Town
    Agreed. Given the high land value, I have to think a higher-density vertical development is most probable. It will really depend on whether Kroger is selling the site or not, and you would think the rumor mill would have been churning if they had a buyer in tow already.
  2. H-Town
    This was announced this morning: https://abc13.com/business/kroger-to-close-montrose-location/7860073/ I imagine Kroger had a plan in place for the property prior to this announcement, it’s a great piece of property. Has anybody heard anything?
  3. H-Town
    Does anybody know when Hess will take occupancy?
  4. H-Town
    The new owner of the property is typically a developer of self storage / industrial properties. I'd be surprised if they built a residential highrise. I think an upper-end self storage facility (like the Amazing Spaces site on Voss) is most likely.
  5. H-Town
    Really? I hadn't heard that. Didn't they just rehab that property a couple of years ago?
  6. H-Town
    No, I'm thinking of Orion. ---- Project is put off for condo redesign Construction of a $425 million high-rise condominium project planned for a site on Buffalo Bayou near Memorial Drive and Shepherd has been postponed as the developers redesign the building to contain more smaller units. The luxury development, called Orion, originally was designed as two 37-story towers with a total of 360 units averaging 3,600 square feet in size and more than $1 million in price. "We found much more demand for 2,000-square-foot apartments," said William Friedman, chairman of New York-based Tarragon Corp., which is developing the project with Florida developer Robert Day. NANCY SARNOFF --- http://www.chron.com/content/archive/ysear...hview=2&dview=1 I believe this was also posted here somewhere. It appears the latest info is that the Orion plans are indeed being revamped for smaller, cheaper units. Does anybody have information otherwise?
  7. H-Town
    ....
  8. H-Town
    Actually, I thought the latest was that the plans were being revised and that the units would begin at a substantially lower price-point. What gives?
  9. H-Town
    Does anybody have an idea of what the market for apartment > condo conversions is (relative to "ordinary" condos or houses)?
  10. H-Town
    There's always the one nearby @ Bering and Westheimer to get your fix.
  11. H-Town
    I wouldn't bet on that...it's quite possible they detected a soft spot in the market for the number of ultra-lux units (think Huntingdon) they originally planned for. It seems to me they're positioning themselves a bit downmarket from their original concept (that's not to say it won't still be an upscale property for rich people ). I guess time will tell.
  12. H-Town
    What does everybody think about the residential hotel concept? Do you think it will work here?
  13. H-Town
    It extends out to the horse stables outside of 610, I think.
  14. H-Town
    Looks like a pretty informative site...thanks for the link.
  15. H-Town
    You mean the ones on Richmond?
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