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There is a request for a variance pending before the planning commission for Oct 2 for the Freedman's distributor site on Waverly and W 6th down below the bike path.  8.65 acres.  Seeking a building line variance from 25 feet to 10 feet.  No indication what, if anything, is planned for the property.  Freedam's looks to have been bought out by Grocer's Supply.  The latter also has been consolidating operations into a new space in the 1st ward.  No idea whether they are going to sell, are selling or have sold or whether they will redevelop the property with modern warehouse space. 

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It's platted as a single unrestricted reserve. For some reason, HCAD only values that land at $2.50 per s.f.  On the part of W. 6th closer to Yale, HCAD believes the dirt is worth 18X as much.

 

At $2.50/s.f., warehouse makes sense. At $45/s.f., multi-family is more likely.

 

 

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It's platted as a single unrestricted reserve. For some reason, HCAD only values that land at $2.50 per s.f.  On the part of W. 6th closer to Yale, HCAD believes the dirt is worth 18X as much.

 

At $2.50/s.f., warehouse makes sense. At $45/s.f., multi-family is more likely.

 

  I think the variance is a bit of a tell.  If you are going to put in a big warehouse, the 25 ft set back isn't going to be such a big issue.  Most of the time, the need for parking/loading around a warehouse will mean that the building line will not be an issue.  But with residential, developers always want the extra 15 feet.  Given the de-industrialization and residential development replacing it between Lazybrook and 610, I would tend to think that this property might go in the same direction.  I could even see a single family development like the Somerset Green that Hines is doing on Old Katy Rd. 

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  • 3 weeks later...

The Marsh Darcy Partners now own the 8.6 acres of land & it looks like they have hired a company called Waterman Steele according to the www.houstonplanning.com.  Judging by Waterman Steele's website it looks like some type of retail. Guess its better than warehouses. 

 

http://www.marshdarcypartners.com

http://www.watermansteele.com

 

Marsh Darcy is generally just a consulting firm that developers hire to shepherd their projects through the planning commission.  The "applicant" on the variance request does not have to be the owner and is frequently a consultant hired by the owner. 

 

Waterman Steele recently got Lance Gilliam from Moody Rambin.  Gilliam did the leasing for Washington Heights District.  They certainly are set up to help developers fill up retail pads.  But, they may also just be getting the property packaged up for sale. 

 

I struggle to see the site getting developed as retail due to the poor road access.  I just don't see people in the leasing business getting excited about traffic counts that are mostly semis.  But, who knows.  The retail rental rates in Houston have gone through the roof.  Anything is possible these days.

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  • 2 weeks later...

So they want to claim part of the setbacks. How often is that permitted to happen?

 

 

Pretty often.

 

The issue here is with 6th St between Shepherd and Yale being on the Major Thoroughfare Plan. 6th St wasn't a through street West of Yale, and with the construction of the detention area, making it a through street becomes impossible (well, not impossible, but really improbable). Were 6th St not on the MTFP, 10-ft setbacks would be the norm.

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  • 1 year later...

Looks like this lot was also on the Planning Commission agenda today... Houston Heights Swift Replat. I'd love to see that building used in any design that's going forward. I'm sure it'd add to the value of whatever is built there. Even building around the Swift and Company building, maybe using the exposed brick walls for a courtyard would be neat.

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  • 1 year later...
13 hours ago, swtsig said:

that is absolutely the type of older building that would get converted in other cities.

But here, it's just easier and probably cheaper to demolish it and build something newly designed and fit for the intended purpose, as well as designed to fit the available space instead of forcing the design into what's there. That's not a particularly special building - it's a reinforced concrete frame that has little of the old facade remaining. If the original facades were still around, it might be worth saving, but not now.

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What typically might happen in another city is that the lowrise portions would be demolished and the more interesting three-story part would be saved and converted to lofts or office/creative space. Then the remaining site built out with new apartments or retail. The three-story portion is a lot more interesting than the typical Houston Wrap or gated townhome community.

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