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Alexan Southside Place

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http://globenewswire.com/news-release/2015/01/13/696981/10115351/en/Bluerock-Residential-Growth-REIT-to-Develop-Class-A-Multifamily-Community-in-Texas-Medical-Center-Vicinity-with-Trammell-Crow-Residential.html

 

Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) ("BRG" or "the Company") announced today that it has entered into a joint venture with Trammell Crow Residential (TCR) to develop a 269-unit, Class A apartment community known as Alexan Blaire House, utilizing BRG's 'Invest-to-Own' convertible preferred equity structure. Located on approximately 4.2 acres, the development will be situated two miles from Texas Medical Center in Houston.

 

Alexan Blaire House will be situated within Houston's Inner Loop in the City of Southside Place. 

 

 

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That's the site for Southside Place, not sure what's the current status on that project.

 

 

http://www.houstonarchitecture.com/haif/topic/30544-southside-place-by-mill-creek-residential/

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This, I believe, is going in at the current site of Blair House apartments on the south side of Bellaire Blvd. just west of Academy St.

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Courtyard-Rendering-Pool-V17-FINAL1.jpg

 

http://bluerockresidential.com/property-portfolio/alexan-southside/

 

Alexan Southside is a planned Class A, 270-unit apartment development situated the two miles from Texas Medical Center, the world’s largest medical complex. The project is located within Houston’s Southside Place, an exclusive 128 acre community and one of city’s most desirable and supply-constrained locations. Alexan Southside will feature top-end luxury finishes, landscaped courtyards, a resort-style pool and a state-of-the-art fitness center. Slated for completion in 2016, the property will include 190 one-bedroom units and 80 two-bedroom units with an average size of 896 square feet.
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^^^ was this designed by ronald mcdonald?  they should incorporate an on-site mcdonald's.  complete with golden arches....

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I too would like to see something taller than four stories, but maybe zoning prevents anything as tall as the earlier six-story rendering, and maybe they weren't able to get it re-zoned?

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No picture, but the apartments currently on the site are completely vacant and a new demolition fence has been erected in the past few days around the entire property.

 

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http://www.houstonchronicle.com/business/real-estate/article/Deal-of-the-Week-It-s-curtains-for-1960s-era-6575269.php#photo-8499608

 

 

Alexan Southside Place is planned to contain 269 units averaging 896 square feet each at 4139 Bellaire. The rents are projected to average $2,019 a month, according to a filing by BRG. The community is targeted to open in 2018.

 

The complex sits on a rare 4.2-acre parcel in the city of Southside Place, which has given the green light to the project.

 

Built in 1963, the Blair House was among some 2,000 apartment units developed by Lester Prokop in the Houston area. The new complex will be built on land that is being leased from Prokop Industries BH for an 85-year term, according to a BRG filing.

 

The Blair House was saved from the wrecking ball once when the economy went south in 2009. But even a softening economy and growing supply of new Class A apartments in the Inner Loop won't change its fate now.

 

Trammell Crow's building permit values the new project at $38 million, said David Moss, city manager for Southside Place. He expects a demolition permit will be filed by year-end

 

 

 

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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.

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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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^ I will soon be using the Columbia Tap trail to commute to UH on bike once I move in January. These can really be a huge asset. 

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Across the street at Whole Foods

ZbHicpi.jpg

 

Old/New

IDTZX4j.jpg

 

Windows going in this week

WIvdjKy.jpg

 

Off topic,

Whole Foods down the street got new stone/signage this week. Looks a lot better

m8BwBEJ.jpg

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Brick appeared!

 

I like this photo because you can see the cross streets B)

wz1wTjq.jpg

 

The stone at the entrance looks good.

YynpWMs.jpg

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Loving this..


Fits the area, and as I predicted..

Quote

It sparks further development and repairs in the general vicinity. Business remodels and new paint jobs. Landscape beautification, and street repairs, etc. Definitely not a stagnate area.

 

xekHVc4.jpg

 

d1KbuMh.jpg

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Need to look at the renders again, but I think they were very good? Looks spot on?

Edited by Twitter1
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Loving this.  I like the colors.

bDvSisA.jpg

 

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Off topic, but next door..

Activity at the old Black Eyed Pea. Dirt excavation.

Edited by Twitter1
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Got both signage before one of them disappeared!

 

iGN7IMO.jpg

 

fG7XXTN.jpg

 

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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.

 

fiq4RLs.jpg

 

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

HbyHfv5.jpg

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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Woah so did the medical offices across the street finally get remodeled? I saw a glass window and stairs

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