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Alexan Southside Place: Multifamily At 4139 Bellaire Blvd.


texas911

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I'm beginning to get the feeling that soon, along all the major thoroughfares, every lot that was "underutilized" west and southwest of downtown will have 6-8 story apartments right up on the minimum easement. It is an interesting mini-canyon effect, West Avenue (I think its called) on Kirby/Westheimer is the first example that comes to mind, but they seem to be popping up.

 

Not a value judgment either way, I can take or leave them personally. Just an interesting aesthetic that is very different from what was there before.

 

Oh, it is destined to happen. Density goes up, vertical utilization will increase. Hope all the neighborhoods are somehow protecting themselves... i don't mind seeing main roads density, but at what cost to the historic homes? Hopefully we can have both.

 

What a cool / unique form of urbanism when there are nice homes with yards, walking distance from high density mixed use complexes. People could technically have it all? a residential street walkable to stacked retail / grocery / restaurants? I think it sounds great! Keep parks in the mix and Houston has a bright future.

 

Someday people will realize that the old train ROW's that are being used as hike and bike trails in Heights and Riverside Terrace are a priceless asset to the community.

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Got both signage before one of them disappeared!

 

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Re: Palace Bowling Lanes next door

Per Swamplot? the tenant did not pay their rent so they were locked out of the property.  Not very welcoming to have a junky, empty lot next door to Class-A apartments.

 

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of course litter is accumulating down the sidewalk from Alexan Southside Place:rolleyes:

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Edited by Twitter1
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The Bellaire Building signage is still up, months after residents have moved in. Do they not own the land or sign? Would have thought it would have been removed last year. Looks like it's on the bowling alley property? Which the tenant was locked out of.  

 

The storage building next door to this isn't bad looking. Will try to get photos later this week. Not apart of the thread but nothing was created for the project.

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  • The title was changed to Alexan Southside Place
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Southside Place Apartments Sold

https://realtynewsreport.com/20133-2-southside-place-apartments-sold/

Quote

SOUTHSIDE PLACE – (Realty News Report) – Madera Residential has acquired the 270-unit Alexan Southside apartments at 4139 Bellaire Blvd. in Southside Place, an affluent community in the Inner Loop of Houston.

PCCP, LLC announced it provided a $30 million senior loan to Madera Residential for the acquisition of the apartment community.

“Alexan Southside benefits from a core, infill location within Houston between the affluent neighborhoods of West University Place and Bellaire and is less than three miles west of the Texas Medical Center (TMC), the largest medical center in the world,” said Ron Bonneau, Managing Director with PCCP.

Madera Residential is a Lubbock-based investment company with offices in Dallas and Houston that specializes in transforming apartment communities across Texas. Madera has been acquiring multifamily assets since 2008 and currently owns and manages 14,000 units in Houston and Dallas-Fort Worth with an estimated value of $1.3 billion.

 

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  • The title was changed to Alexan Southside Place: Multifamily At 4139 Bellaire Blvd.

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