Jump to content

Recommended Posts

Crescent Communities second multifamily project for Houston.

 

Crescent plans to start 10 new developments this year and 10 more next year for a total of 7,000 units and $1.4B of construction. That includes Crescent Northgate (rendered here), a 300-unit community underway near the Hardy Toll Road and Grand Parkway intersection close to Exxon’s campus. It’ll deliver in late 2016. Crescent also owns a site in the River Oaks District (at Westheimer and Willowick) that it’s holding for future development. Brian tells us about half of the upcoming projects are in Southwestern markets like Phoenix, Denver, Houston and Dallas that weren’t in vogue compared to primary markets when the firm started lining up sites five years ago.

 

Read more at: https://www.bisnow.com/houston/news/multifamily/big-change-crescent-communities-delves-into-multifamily-45856

  • Like 1
Link to comment
Share on other sites

I wonder if this refers to the Georgian Apartments. Those look ripe for redevelopment.

 

Are they referring to the area as River Oaks District becuause ROD is not on Willowick.

 

The "River Oaks" moniker continues its spread, similar to how everything north of I-10 and west of I-45 inside the Loop has become the "Heights."

  • Like 2
Link to comment
Share on other sites

I wonder if this refers to the Georgian Apartments. Those look ripe for redevelopment.

 

 

The "River Oaks" moniker continues its spread, similar to how everything north of I-10 and west of I-45 inside the Loop has become the "Heights."

 

 

Seems to be correct. The apartments are (or was) for sale.

 

http://swamplot.com/on-then-off-sale-of-the-georgian-apartments-near-highland-village-is-on-again-maybe/2015-01-26/

  • Like 2
Link to comment
Share on other sites

Any speculation on whether this might be rentals or condos? According to HCAD, the land the Georgian Apartments sit on is almost 150,000 square feet. This seems like a lot of land for a high-rise. Perhaps these will be town homes? 

  • Like 1
Link to comment
Share on other sites

  • 2 years later...

https://www.bizjournals.com/houston/news/2018/04/24/new-river-oaks-area-mixed-use-development-planned.html

 

Quote

A new retail and multifamily residential mixed-use project is coming to the River Oaks area. 

 


The project at 2511 Willowick Roadwill be off Westheimer and Willowick, east of Highland Village, where the independent senior living apartment community The Georgian currently is located.

 

North Carolina-based developer Crescent Communities stated through a spokesperson the company bought the property in 2015, but Harris County appraisal recordsshow the land was purchased in May 2014. In 2018, the property was appraised at $11.04 million.

 

Officials with Crescent Communities said they bought directly from the original developer of The Georgian, but declined to provide a name. Harris County records show Houston-based developers Swain & Houck listed as a prior owner. Charles Swain and Harvey Houck originally developed the Westcreek Apartments on Westheimer where the River Oaks District stands.

 

When complete, this new project slated for The Georgian will be less than a mile from the River Oaks District and a few blocks from Highland Village. 

 

In an emailed statement, Crescent wrote it bought the property “with the intention of redeveloping the site in the future, when the time was right.”

 

“We’ve now started the process to create a mixed use community that will be supportive of the surrounding neighborhood with the addition of walkable, lifestyle retail and restaurants, as well as new multifamily homes,” the statement read. 

 

Current residents received a notice that they must move out by Oct. 15, 2018, Swamplot reported. The letter stated that residents can get out of leases early and could get some financial assistance to move. 

 

“We recently shared this news with residents of The Georgian to give them significant notice and support in advance of the changes, but we are still early in the process and aren’t yet ready to share more details about the future development,” Crescent’s statement read. Currently, South Carolina-based firm Greystar manages the property.

 

  • Like 3
Link to comment
Share on other sites

On 4/20/2018 at 0:06 PM, ArtNsf said:

Thank God !  Those apts represent that "Georgian" look that really has no application here in the South/Southwest area.  This was a throwback to that same look in the NE and New England during pre-revolutionary times when colonists were making America in "their" own image from England.  So far removed from what Texas and Houston evolved from.  Out with the old and "off with their heads" I say LOL !

 

It has a mansard roof, so there seems to be some French influence.

 

  • Like 1
Link to comment
Share on other sites

Kind of odd to see seniors getting kicked out like in the movies. This is an interesting location. Across from a school and next to neighborhoods. It is close to the Central Market and those shopping areas over there but still feels like a addition that is off the main path. I drive by here daily for work so my little shortcut with less traffic will be lost.

  • Like 1
Link to comment
Share on other sites

  • 7 months later...
2 hours ago, TexasGeneral said:

The rendering looks nice, but the inner loop needs these older more affordable apartment buildings IMO. Seems like they are all getting torn down for high priced luxury units. 

 

There is still plenty of older affordable housing inside the loop, just not in the rich areas. 

  • Like 1
Link to comment
Share on other sites

  • 2 weeks later...

Here's some pictures I took on the 6th.

 

https://mikerichardson.name/tidbits/the_georgian/

 

Wasn't going to walk too deep into the property since anything was liable to fall down at any time.

 

I wonder how much those townhomes rented for. I've not seen those at the other Swain & Houck properties.

 

BTW, this was the last Swain & Houck property that had remained. The first to go was off of Allen Parkway if I recall.

 

I was one of the last people to move from the last building on Westcreek - the one that they let sit and rot for 2+ years before tearing it down, instead of renting it out and collecting money. Because logic.

  • Like 3
Link to comment
Share on other sites

There is a neat little apartment complex right next to The Georgian that I never even knew existed - it's got maybe 10 units in two buildings, with covered parking spaces.

 

That will probably survive quite a bit longer because the land is not a large enough parcel to interest the developers.

 

Unfortunately, The Georgian is yet another example of medium-low density being replaced with medium-high density. A marginal improvement in density - but it's also understandable that they would not try for a highrise there given that it abuts directly to single family homes. (whatever happened with Ashby anyway)

  • Like 2
Link to comment
Share on other sites

  • 2 weeks later...
  • 3 weeks later...

Permit was filed for the foundation on 2/22.

http://www.cohtora.houstontx.gov/ibi_apps/WFServlet.ibfs?IBIF_webapp=/ibi_apps&IBIC_server=EDASERVE&IBIWF_msgviewer=OFF&IBIAPP_app=soldpermits&IBIF_ex=sold_permit_d&CLICKED_ON=&PN=18087604&PT=13

 

Project No: 18087604
Date : 2019/02/22 00:00:00
USE : (EPR) SITEWORK AND FOUNDATION FOR FUTURE
Owner/Occupant : *NOVEL RIVER OAKS
Job Address : 2511 WILLOWICK RD 77027
Valuation : $ 3,000,000
Permit Type : 13
FCC Group : Structures Other than Buildings
Buyer : *HOAR CONSTRUCTION
Address : 1300 W SAM HOUSTON PKY 77042
Phone : (713) 576-8925
   
  • Like 4
Link to comment
Share on other sites

  • 3 weeks later...
  • 2 weeks later...
  • 2 weeks later...
  • 2 weeks later...
  • 2 weeks later...
  • The title was changed to Novel River Oaks: Multifamily At 2511 Willowick Rd.

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
×
  • Create New...