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Found 7 results

  1. PENDING PROJECTS At the end of the line Stubborn area to develop now looks primed with cheap land that's close to the Medical Center By NANCY SARNOFF Copyright 2004 Houston Chronicle DRIVE around the southern end of Metro's nearly year-old light rail line just outside the South Loop, and what emerges are overgrown tracts of land surrounded by a hodgepodge of warehouses, apartments, AstroWorld and even pumps from an old oil field. But observers say the area is on the cusp of a development explosion because of its cheap land and proximity to the ever-growing Texas Medical Center. "The area's been slow to develop," said Bob Parsley of realty firm Colliers International. "But we're beginning to see an overall acceptance in the marketplace for being south of 610." Indeed, home builders, industrial developers and land speculators are jockeying for still-vacant parcels just beyond the Metro terminus, fueling a land rush in this long-neglected area. Houston developer Frank Liu, who's building new homes nearby, owns about 60 acres surrounding Metro's Fannin South station, the last stop on the city's 7.5-mile light rail line connecting downtown with this area just south of Reliant Stadium. While he's not yet ready to tip his hand, Liu controls enough land in the area to create a sizable community where folks could live, work and shop. "The great thing about that piece of property is that it's so close to the rail stop and so close to the Medical Center," Liu, president of InTown Homes, said. "You just can't go wrong." These open spaces and still-low land prices are attracting developers whose options for development closer in are limited. "Land costs are just a fraction of what they are in the Medical Center," said David R. David of Warehouse Associates, a real estate firm building warehouses in the area and attracting more medical users than ever before. The company has leased space to a DNA lab, surgical center and a dialysis facility. In 2001, when the company built its first project there, medical firms didn't want to move south of the Loop, which was then seen as too far from the Medical Center. "We're seeing more demand for our sites," David said. "Today, I think we're a politically acceptable location for medical support." Jumping on bandwagon Other local developers have quickly caught on to the growing acceptance of this area, which, if it was noticed at all, was associated with a stretch of crime-ridden apartment buildings in the western corner. A group of investors has put together around 200 acres south of West Bellfort and east of South Main where it plans to develop a master-planned residential community. The project, which could spawn 1,000 homes, has been dubbed Buffalo Lakes. "We were attracted to the area primarily because of its proximity to the Medical Center and Reliant Center," said Joel Scott, who manages the partnership and is a principal in Terramark Communities, a Houston-based real estate development firm. Road work is tackling a long-standing obstacle to development. Buffalo Speedway, a major north-south thoroughfare that ends at West Bellfort, will likely be extended south to Holmes Road, improving access to Scott's project. Not waiting around Other developers haven't needed much convincing. A smattering of residential and commercial projects have been sprouting up among all the vacant land. Dozens of $200,000 townhomes line the streets near Link Valley, a neighborhood off Stella Link that used to be known by the nickname Death Valley. And Chancellor Properties recently completed Villas at Coronado, a 344-unit apartment complex on the Lakes at 610 just south of West Bellfort. The new project is around 80 percent occupied, according to O'Connor & Associates, a research firm. Apart from his planned development near the rail stop, Liu has started building townhomes in a project called Lake Pointe across from the apartment complex. The patio-home development built around a clubhouse, jogging trail and swimming pool will include 219 units when complete. Since the end of February, 77 units have been sold. The majority of buyers are professionals from the Medical Center, said Emily Wang, a sales consultant for Liu's company InTown Homes. "They're first-time buyers, mostly," she said. But it will be a while before development hits the area surrounding the end of the line. Liu is still formulating a plan for his acreage near the Fannin Street station. He said it will ultimately contain a combination of uses that will play off the light rail system. "Houston has always been a society of cars," said Tony Patronella, a real estate broker with Southwest Realty Advisors who has brokered many of the land deals in the area. "This will be the first time a subdivision is planned directly because of the light rail." http://www.chron.com/cs/CDA/printstory.mpl/front/2931497
  2. I noticed this while vising Fannin Station. Thought I saw HISD meeting notes detailing this area? It was on a COH agenda last year.
  3. stopstanleypark.com - News/permits, is now updated with recent media coverage from cw39, abc13, khou, + filmed meeting with Mayor Turner. Lovett Homes / Intown Homes continue irresponsible floodplain development in Houston and must be stopped. Stanley Park, in the Timbergrove Manor subdivision is the most recent example of putting profits ahead of public safety.
  4. I ran across a thread that began in 2005 "Beware Lovett Homes" on thins blog not too long ago, it roughly stated how Lovett Homes customer service was a nightmare to them. I couldn't believe it! I bought a Lovett Home last year in Silverdart & my experience has only been stellar, so much so that even my sister is in the process of buying a Lovett Home in their "Post Oak Green" neighborhood (it's beautiful!!) In an effort to disprove this old post, she and I put Lovett to the test at this new home & we are beyond glad to say they passed with flying colors! No matter what we asked for, their customer service was prompt & beyond helpful even if or when they had to say no to something, we were still given well informed reasons to why and alternative options too. We couldn't have been happier!! I can't wait to hang out with the family on my sister's new rooftop terrace at Post Oak Green this summer, go by their model & check out the homes, it's an amazing quiet little neighborhood & true to Lovett's great standards. I hate that the poster of "Beware Lovett Homes" felt like he had a bad experience six years ago but the record needs to be set straight, Lovett is FANTASTIC! What's your take? Do you own a Lovett home too?
  5. I'm glad I discovered this forum. The purpose of this thread is for any of you readers who have had problems with Lovett and need a place to vent. I also want to warn other readers away from Lovett who are thinking of purchasing a new Lovett Home. My experience with Lovett Homes has probably been one of the worst customer service experiences I've ever had. Since the day we signed the sales contract our sales representative has been unaccommodating to our needs. Every single answer to our question was always "NO" And not a polite no, but an immediate no without even consulting higher ups. Once you have signed the dotted line forget about customer service. In the world of Lovett, the customer is never right, the builder is always right. Anyway, for lack of time I will end this post here, but will follow up later. Please feel free to add your own Lovett experiences.
  6. I'm sorry if this is a newbie question that has been beaten to death somewhere else, but I looked in the archives and didn't see anything exactly on point. I am exploring my options in terms of building a house on a 5,000 sq. ft. lot I own in the Hyde Park Main area (this is basically near the Montrose area, between Westheimer and West Gray, and between Shepherd and Dunlavy). I am currently looking into Lovett and Croix--two builders that have put up a lot of single-family houses and townhouses in the area over the past few years. I have read one pretty scathing thread on Lovett on this site, and I don't know much of Croix. I really would love to hear insights on both Lovett and Croix, as well as any other builders that are similarly priced. I'd like to work with a builder that already has some stock plans, as I want to keep the cost as low as possible. At the same time, I don't want to find myself in a money pit situation due to shoddy construction. Any help you all would have would be most appreciated.
  7. beanz

    Intown Homes

    Does anyone know anything about Intown homes? I'm looking to buy a place and found some over off of I-10, between Kirkwood and Wilcrest (Sherwood Terrace). What are your thoughts on this area and this builder? Anyone have any experience with them? I'm a little concerned over the resale value of these townhomes in this area. Any advice is welcome, thanks in advance!
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