Jump to content

City View Terrace I & II: Multifamily At 1433 Chartres St.


Recommended Posts

I don't imagine they would stop this project unless they know for sure the new ROW is going to happen, and happen pretty quickly.

 

As of now, it's still just a concept. If it does happen, they should be reimbursed for the improvements as well.

 

 

Wow! But what fkp5 said...

What's the likelihood they buy a nearby property not in the alignment ROW to build on instead? I'm sure they'd get reimbursed for this plot of land for the i45 ROW

 

 

Link to comment
Share on other sites

  • Replies 151
  • Created
  • Last Reply

Looks gorgeous. If this is indeed in the proposed I-45 right-of-way, starting construction could allow the developer to negotiate quite a bounty with the state (my knowledge of condemnation law is a bit limited, so I would be curious if the developer could seek the value of the completed improvements if he were to start construction--I don't think renderings would permit him to recover anything other than the value of the land absent any other movement).

Link to comment
Share on other sites

That's a pretty fvkd up way of squeezing money out of our state goverment though. I mean, if they start now and force TXDOT to pay more for the land, that just means tax payers will be on the hook for the increased cost.

Edit: or federal government since its a Interstate job

Link to comment
Share on other sites

There is a lot of prime land in the path of this proposed ROW. The holding cost of that land is pretty high. The developer would be doing himself and his investors a disservice if he were to wait and see what happens with the government - it could be another 10 years before we know what happens. I highly doubt TXDOT will pay anyone their holding costs on waiting for them to make their decision, especially if they choose not to move forward with the current ROW concept. 

 

 

That's a pretty fvkd up way of squeezing money out of our state goverment though. I mean, if they start now and force TXDOT to pay more for the land, that just means tax payers will be on the hook for the increased cost.

Edit: or federal government since its a Interstate job

 

Link to comment
Share on other sites

Spoke to a representative and he said they are waiting on permits from the city and are hoping to break ground in 30-90 days. He also mentioned CVS quite a bit and that rental rates would be typical for a class A building. The current renderings are based on what has been submitted for permits from what he said.

Link to comment
Share on other sites

I am somewhat skeptical that the I45 realignment will happen as they now proposed. Seems like too much of a pipe dream. Buying all that ROW would definitely blow a lot of taxpayer funds. Corners got to be cut somewhere. Maybe the developer feels the same way. I sure hope to see it built as their latest renderings, and that something a more exciting than a CVS gets put down there.

Link to comment
Share on other sites

Wow, a possible H&M as well. Also, is that Chicago in the background? A lot of our projects for some reason don't seem to want to use backgrounds of Houston in their renderings.

 

Definitely Chicago.  Kind of interesting to see they Chicago skyline with a few palm trees in the foreground.

Link to comment
Share on other sites

  • 1 month later...
  • 3 weeks later...

^^^ just what the heck is going on here??  are we actually sure that this particular very high end development is taking place in this particular area?  it just all seems very far-fetched to me....

Link to comment
Share on other sites

ugh why the cornices? Seriously...why the cornices? Thats just baffling

 

EDIT: I'm just really confused by this whole development anyway. Why are they building on this plot of land if its in the way of the proposed realignment of 59/45??? Does anyone have any information or have contacted this development about this?

Link to comment
Share on other sites

I've been skeptical of this project since the renderings first emerged - I don't think this group has pulled anything of this magnitude off before.

 

With regards to the 59/45 re-alignment, I don't think any developer will stop working on their project due to a proposal. Until you get an offer from TXDOT in your hands, you can't really assume anything will happen. It could happen in 12 months, or 12 years.

Link to comment
Share on other sites

Agree with Luminare...why the cornaces!? Looks like some low end Casino in Louisiana or Mississippi. All you need is a huge neon parrot or pot of gold.

 

This is why Post-Modern sensibilities need to die a slow death. The contemporary look before was miles better than this! Oh yeah just throw some cornices up there because Post-Modern WE DO WHAT WE WANT! I personally blame the architects on this one. Its obvious that they had zero backbone in regards to their design/creation and left it to die as soon as it approached the client. Don't people know that those dumb cornices are a waste of money! They aren't even made of stone (well real stone).

 

I've been skeptical of this project since the renderings first emerged - I don't think this group has pulled anything of this magnitude off before.

 

With regards to the 59/45 re-alignment, I don't think any developer will stop working on their project due to a proposal. Until you get an offer from TXDOT in your hands, you can't really assume anything will happen. It could happen in 12 months, or 12 years.

 

There was article I believe in the Chron? or some other publication mentioning TxDOT planning to sell off the land that would be under the Pierce Elevated. Its going to happen. Sure it probably won't get built in 5 years at the earliest, but you can bet that they are already buying land and further solidifying their plans. I'm sure they will still have public meetings to get more input, but its pretty much a done deal.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...