TheNiche Posted April 3, 2007 Share Posted April 3, 2007 GlobeSt.com Commercial Real Estate News and Property ResourceEXCLUSIVE Last updated: April 3, 2007 07:46amLegacy Maps Out $60M-Plus Plan for 334 UnitsBy Amy Wolff SorterHOUSTON-The Foster City, CA-based Legacy Partners Residential Development Inc. has closed on 3.3 acres in West Central Houston to build a 334-unit residential project. Sources familiar with the location say the development dirt alone cost nearly $13 million while the project itself could end up close to $155 per sf to build.Link Quote Link to comment Share on other sites More sharing options...
GovernorAggie Posted April 3, 2007 Share Posted April 3, 2007 Maybe that was the reason for the "notice of variance request" sign I saw along Memorial on Sunday?? Quote Link to comment Share on other sites More sharing options...
HtownWxBoy Posted April 3, 2007 Share Posted April 3, 2007 Awsome news! Quote Link to comment Share on other sites More sharing options...
Pumapayam Posted April 3, 2007 Share Posted April 3, 2007 Legacy at Memorial will be one- and two-bedroom units, averaging 1,179 sf. The average monthly rent is projected to be $2,392.Might as well get a loan and pay a mortgage, that is so expensive for a measley 2 bedrooms! :closedeyes: Quote Link to comment Share on other sites More sharing options...
The Great Hizzy! Posted April 3, 2007 Share Posted April 3, 2007 I'm sure someone in the existing communities along Studemont and Memorial will be displeased with the blocked views of the skyline. Nevertheless, if this gets built, residents would certainly be paying top dollar for a unit facing east. I'd imagine that view would be among the five best in the city. Quote Link to comment Share on other sites More sharing options...
Highway6 Posted April 3, 2007 Share Posted April 3, 2007 Is this on the site where that warehouse came down recently or are they talking on the north side of Memorial ? Quote Link to comment Share on other sites More sharing options...
The Great Hizzy! Posted April 3, 2007 Share Posted April 3, 2007 Sounds like they're talking north of Memorial, where an old distribution depot used to be (I don't know the history of it, just that it was basically torn down a couple of years ago). The warehouse across the bayou on Montrose used to be Sears among other things, and from what I understand, a new mosque and/or faith center will be built there. I'll have to try to do an archive search at one of either the Chronicle or HBJ to find the specific article. Quote Link to comment Share on other sites More sharing options...
musicman Posted April 3, 2007 Share Posted April 3, 2007 building site? Quote Link to comment Share on other sites More sharing options...
The Great Hizzy! Posted April 3, 2007 Share Posted April 3, 2007 ^^^ Yeah, Musicman, that's what I'm thinking. In fact, it's the only site, given the description, that makes sense. Quote Link to comment Share on other sites More sharing options...
WesternGulf Posted April 3, 2007 Share Posted April 3, 2007 rendering Quote Link to comment Share on other sites More sharing options...
musicman Posted April 3, 2007 Share Posted April 3, 2007 Might as well get a loan and pay a mortgage, that is so expensive for a measley 2 bedrooms! :closedeyes: helps keeps the riff raff down to a minimum Quote Link to comment Share on other sites More sharing options...
The Great Hizzy! Posted April 3, 2007 Share Posted April 3, 2007 Hey, now that manages to be a little different and yet not overzealous--although, the color scheme is painfully familiar. Maybe something in a color similar to the Museum Tower's reddish-brown brick would help it stand out even more. Quote Link to comment Share on other sites More sharing options...
HtownWxBoy Posted April 3, 2007 Share Posted April 3, 2007 rendering I like it. Great location, too! Those east facing apartments are going to have awsome views of Downtown! Quote Link to comment Share on other sites More sharing options...
musicman Posted April 3, 2007 Share Posted April 3, 2007 I like it. Great location, too! Those east facing apartments are going to have awsome views of Downtown! and the ones across studemont will lose their views! Quote Link to comment Share on other sites More sharing options...
Pumapayam Posted April 3, 2007 Share Posted April 3, 2007 I like it. Great location, too! Those east facing apartments are going to have awsome views of Downtown! Until a taller building get contructed in between that one and downtown. Quote Link to comment Share on other sites More sharing options...
HtownWxBoy Posted April 3, 2007 Share Posted April 3, 2007 and the ones across studemont will lose their views! the circle of life Until a taller building get contructed in between that one and downtown. the more the merrier! Quote Link to comment Share on other sites More sharing options...
Houston1stWordOnTheMoon Posted April 3, 2007 Share Posted April 3, 2007 Handsome building. Maybe its being constructed to be converted over to condos at a later date. That rent is way high. Quote Link to comment Share on other sites More sharing options...
MidtownCoog Posted April 3, 2007 Share Posted April 3, 2007 And not too far away (Waugh @ AP) we have tower that went from condos to apartments. Quote Link to comment Share on other sites More sharing options...
Pumapayam Posted April 3, 2007 Share Posted April 3, 2007 the circle of life the more the merrier! I agree, as long as I was not the one that rented/bought a place that was advertised with "a view of downtown!" Quote Link to comment Share on other sites More sharing options...
sevfiv Posted April 3, 2007 Share Posted April 3, 2007 building site?if that's the place, it's the old Ed Sacks Wastepaper site Quote Link to comment Share on other sites More sharing options...
nmainguy Posted April 3, 2007 Share Posted April 3, 2007 if that's the place, it's the old Ed Sacks Wastepaper siteYep. Quote Link to comment Share on other sites More sharing options...
Montrose1100 Posted April 3, 2007 Share Posted April 3, 2007 Looks good! Great infill!! I'm excited about all these cool Houston projects. Quote Link to comment Share on other sites More sharing options...
Talbot Posted April 4, 2007 Share Posted April 4, 2007 It's a nice looking building. Not too boring and not too gaudy. Quote Link to comment Share on other sites More sharing options...
Highway6 Posted April 6, 2007 Share Posted April 6, 2007 Chron article Quote Link to comment Share on other sites More sharing options...
houstonfella Posted April 19, 2007 Share Posted April 19, 2007 Sweet! That's the second highrise over there. It is beginning to look like Houston has yet another skyline with AIG's 40 story tower, American General, Royalton and the new 25 story luxury condo tower. The location is about as good as it gets. Quote Link to comment Share on other sites More sharing options...
The Great Hizzy! Posted April 19, 2007 Share Posted April 19, 2007 Just imagine if the Orions hadn't turned out to be a farce. Quote Link to comment Share on other sites More sharing options...
Trae Posted April 19, 2007 Share Posted April 19, 2007 (edited) Not bad. Edited April 19, 2007 by Trae Quote Link to comment Share on other sites More sharing options...
houstonfella Posted April 19, 2007 Share Posted April 19, 2007 Just imagine if the Orions hadn't turned out to be a farce. Yeah, Hizzy, I suppose the Orions were just way too much $$$ when so many other residential highrises are going up. It would have been nice. I think this one will fly because it is really nice and in the right location. I wondered years ago if that great piece of real estate would ever be developed and now, perhaps, we have liftoff. Quote Link to comment Share on other sites More sharing options...
lockmat Posted September 14, 2007 Share Posted September 14, 2007 where did westerngulf get that rendering? do we have a link for it? Quote Link to comment Share on other sites More sharing options...
ChannelTwoNews Posted September 27, 2007 Share Posted September 27, 2007 (edited) where did westerngulf get that rendering? do we have a link for it?I think he may have saved it when some of the original articles were active since I recall seeing it elsewhere.The same rendering is also featured on the architect's website in the residential section of their portfolio under the name "Memorial Drive". I've also seen the vague mention of "Fall 2007" as a date for groundbreaking. Is that still correct? Edited September 27, 2007 by ChannelTwoNews Quote Link to comment Share on other sites More sharing options...
lockmat Posted September 27, 2007 Share Posted September 27, 2007 I think he may have saved it when some of the original articles were active since I recall seeing it elsewhere.The same rendering is also featured on the architect's website in the residential section of their portfolio under the name "Memorial Drive". I've also seen the vague mention of "Fall 2007" as a date for groundbreaking. Is that still correct?Thanks. But I didn't see anything about it on the developers website either: http://www.fairfield-residential.net/index.htm Quote Link to comment Share on other sites More sharing options...
tanith27 Posted October 3, 2007 Share Posted October 3, 2007 I noticed the earth movers came in and started digging around here yesterday... Quote Link to comment Share on other sites More sharing options...
Lectro Posted October 5, 2007 Share Posted October 5, 2007 They were working on the site this morning and it looks like construction will begin soon....I hope!The top soil has been removed and I noticed some markers! Quote Link to comment Share on other sites More sharing options...
lockmat Posted October 5, 2007 Share Posted October 5, 2007 Sweet! That's the second highrise over there. It is beginning to look like Houston has yet another skyline with AIG's 40 story tower, American General, Royalton and the new 25 story luxury condo tower. The location is about as good as it gets. I thought AIG's story never got built? or did it? Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted October 5, 2007 Share Posted October 5, 2007 I thought AIG's story never got built? or did it?You're probably thinking of AIM. Different company. Different building. Different part of town. Quote Link to comment Share on other sites More sharing options...
lockmat Posted October 5, 2007 Share Posted October 5, 2007 Oh. You're right. Thanks.Has AIG already been built? Quote Link to comment Share on other sites More sharing options...
Jax Posted October 5, 2007 Share Posted October 5, 2007 Isn't AIG that tall building next to Waugh Bridge where the bats live? Quote Link to comment Share on other sites More sharing options...
houstonfella Posted October 5, 2007 Share Posted October 5, 2007 AIG Building is the 40 story American General tower that has been there for a long time. Just this year AIG put its name in big letters at the top. Anyhow, it is the tallest building in that cluster of buildings neartown. So, the 25 story condo should make this, along with the Royalton and the others over there, a mini skyline between downtown and uptown. Quote Link to comment Share on other sites More sharing options...
greenplease Posted December 18, 2007 Share Posted December 18, 2007 Isn't AIG that tall building next to Waugh Bridge where the bats live?There are some "notice of variance request- memorial heights redevelopment" signs that just surrounded the Archstone Memorial Heights apartments a few days ago. Does anyone know what's up with those? These apartments are adjacent to the Ed Sachs place that this 25 story project is being built. Hope I am not getting kicked out soon like the people at Allen House Quote Link to comment Share on other sites More sharing options...
memebag Posted December 18, 2007 Share Posted December 18, 2007 Hope I am not getting kicked out soon like the people at Allen HouseC'mon, get VIBRANT! Quote Link to comment Share on other sites More sharing options...
wxman Posted December 30, 2007 Share Posted December 30, 2007 Is this the project that was just recently cancelled? Quote Link to comment Share on other sites More sharing options...
strickn Posted December 31, 2007 Share Posted December 31, 2007 (edited) lockmatPosted Friday, October 5th, 2007 @ 1:15pm Oh. You're right. Thanks.Has AIG already been built?This confused me because I missed or had forgotten that Houston's prominent independent insurer American General had finally gotten big enough that the flush Yankees at 70 Pine St. in lower Manhattan fixed up a buyout. American International Group calls the shots now on Allen Parkway (the building used to house Continental Airlines before it moved to 1600 Smith St., by the way). Edited December 31, 2007 by strickn Quote Link to comment Share on other sites More sharing options...
strickn Posted December 31, 2007 Share Posted December 31, 2007 Meant to include this. Quote Link to comment Share on other sites More sharing options...
crunchtastic Posted December 31, 2007 Share Posted December 31, 2007 AIG is selling a big chunk of the compound--on the Dallas and Montrose corner. No word yet on how that's going. I could see another residence going up there, as well. Quote Link to comment Share on other sites More sharing options...
AgEngr Posted December 31, 2007 Share Posted December 31, 2007 Theres always something new for people to feast their eyes, and $ on. This will be interesting. Quote Link to comment Share on other sites More sharing options...
Htowngirl Posted January 2, 2008 Share Posted January 2, 2008 There are some "notice of variance request- memorial heights redevelopment" signs that just surrounded the Archstone Memorial Heights apartments a few days ago. Does anyone know what's up with those? These apartments are adjacent to the Ed Sachs place that this 25 story project is being built. Hope I am not getting kicked out soon like the people at Allen HouseMy friend is a landscape architect and he told me that Archstone IS planning to tear the current apartments down and build some higher-rent apartments on that site to get more for their money. His firm bid on the landscaping for the new apartments. Seems a little strange to me, since those apartments are not that old and look nice. It's weird that Archstone hasn't told it's residents... I'd definitely be pissed... good luck. Quote Link to comment Share on other sites More sharing options...
ricco67 Posted January 2, 2008 Share Posted January 2, 2008 The archstone? Aren't those 5 or 6 storey apartments over on the north side of I-10? Those are the only ones that I think that are fairly (5-8 years old) new. Quote Link to comment Share on other sites More sharing options...
hornfan Posted January 3, 2008 Share Posted January 3, 2008 The archstone? Aren't those 5 or 6 storey apartments over on the north side of I-10? Those are the only ones that I think that are fairly (5-8 years old) new.No, it's in between heights and studemont on washington. It occupies the entire southern side of Washington on that block. It's relatively new but pretty low end for the neighborhood. It's a huge lot and the space isn't used very efficiently (exclusively surface parking.) Most of the other complexes in the area have much nicer apartments and use their space a lot more efficiently. I hope the redesigned complex allows for some retail along the washington side. Quote Link to comment Share on other sites More sharing options...
shasta Posted January 7, 2008 Share Posted January 7, 2008 I drove by the site tody and I saw that had some equipment and tractors on the site. Maybe they are about to start construction on this one. Quote Link to comment Share on other sites More sharing options...
ChannelTwoNews Posted January 14, 2008 Share Posted January 14, 2008 Some photos of the site from earlier in the day... 1 Quote Link to comment Share on other sites More sharing options...
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