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1711 Caroline: Multifamily At 1711 Caroline St.


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This definitely appears to be under construction. Heavy construction gear on site... excavators, etc. They are taking out the old iron fences around the site now as well as the trees mentioned earlier.

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  • 2 weeks later...

http://www.bizjournals.com/houston/news/2015/04/15/new-apartment-project-breaks-ground-in-downtown.html

 

Leon Capital Group broke ground earlier this month on a five-story, 220-unit apartment on city block 365, which is bounded by Austin, Caroline, Jefferson and Pease streets in the southwest quadrant of downtown. The unnamed Class A project is expected to be completed in the late 2016, according to Central Houston's quarterly downtown real estate report.

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Off topic .......

So, why is it that in Houston one can't have a residential, single family basement? I was always told it was the "water table is too high....."

Help.

Someone commented about this on a forum a while back......

 

It can be done, it just costs more. It costs a lot more here than up north because local contractors aren't used to building them.

But make no mistake, it is possible. If you're building a custom house, have a ton of money, and really want a basement, yes it's possible. We can build concrete and steel structures that are completely submerged in water. We can definitely handle a high water table.

It's not done because overall there's little reason to do it. If you want extra square footage, you can build an extra story for the cost of a basement here. If you want the extremely stable temperatures, you can always just over-insulate the heck out of your new house.

Basements are used widely up north to deal with freeze/thaw cycles in the soil. Building codes require you to dig your foundation slab to below the frost line, which is often around four feet deep. (The frost line is the depth to which soil can freeze in the winter.) A basement is really just a slab foundation projected down.

When you're already digging a 4' deep trench around the perimeter of your house, you might as well just make it 8' deep and make a usable space out of it.

Now, we don't have freeze/thaw here in Texas, but we do have expansive clay soils. We have clays that expand immensely when wet and then shrink when dry. Since this occurs differentially, it causes low spots and high spots on the foundation, thus stress and cracking.

This could be solved by simply building a basement. The foundation slab would then be below the freeze/thaw zone. We don't often do this because the water table issue. It's much better just to use a very thick, heavily reinforced slab, a pier and beam system, etc.

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Off topic .......

So, why is it that in Houston one can't have a residential, single family basement? I was always told it was the "water table is too high....."

Help.

I think the question is worded akwardly. It's not that you can't have one. They do exist.

The better question is why are they so rare.

My guess is the cost in having them built and maintained. Had a neighbor in san antonio whose pump would fail sometimes during some rain events and a swimming pool would result

Edited by HoustonIsHome
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  • 4 weeks later...

Can we also put 1711 Caroline in the title? Was a little difficult searching for this thread.

 

Construction valuation: $5,161,815.00

 

Construction $5.2M. $3.3M incentive from the city (220 x $15k). Not a very difficult economic decision one would think. It's a wonder the program funding was still available as long as it was.

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Construction $5.2M. $3.3M incentive from the city (220 x $15k). Not a very difficult economic decision one would think. It's a wonder the program funding was still available as long as it was.

 

I presume that $5.2 Million is from a building permit?   That is most assuredly not the full cost of building a six-story apartment building such as this.  Not even close.

 

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