Popular Post Urbannizer Posted November 2, 2016 Author Popular Post Share Posted November 2, 2016 Looks good here http://www.bizjournals.com/houston/news/2016/11/02/exclusive-developer-to-relaunch-houston-micro-unit.html The Houston developer, which considered redesigning Ivy Lofts into a condo-hotel earlier this year, will unveil its latest plans for the project at an on-site reveal party at the Ivy Lofts sales center on Nov. 5. Instead of a condo-hotel, Novel Creative Development is now proposing a 28-story, 412-unit condominium tower. Nearly 80 percent of the units — 326 units — will be considered micro-units, or homes that are less than 500 square feet. The revamped Ivy Lofts — designed by Houston-based EDI International — is slightly taller, but offers fewer units than the original plan, which called for a 24-story, 550-unit tower. Some of the floor plans are also larger, with wider showers and more functional storage space with the taller ceilings. Ivy Lofts will be on an 1.4-acre city block at 2604 Leeland Ave. in East Downtown, a transforming neighborhood close to Downtown, Midtown and the Texas Medical Center. “This is our best plan to date,” said Jared Anthony, spokesman for Ivy Lofts. “We’re hoping this one sticks.” Ivy Lofts will offer a variety of condo units, from a 400-square-foot efficiency to a 2,000-square-foot penthouse. There will be 10 two-story penthouse units on the top two floors. Condo prices will start from $159,900. 18 Quote Link to comment Share on other sites More sharing options...
UtterlyUrban Posted November 3, 2016 Share Posted November 3, 2016 I am struggling to understand this development group. I do hope that they are able to build a project that sells and makes them a nice return and in the process creates a terrific property for EADO for years to come. But, right now it feels to me like tossing speghetti on the wall. 3 Quote Link to comment Share on other sites More sharing options...
rayjay Posted November 3, 2016 Share Posted November 3, 2016 I agree. The project would be fantastic if it was built but the entire process has been so messy and all over the place now that I feel like it won't happen. Fingers crossed though! The new redesign looks good too but I liked the one before it better. 2 Quote Link to comment Share on other sites More sharing options...
monarch Posted November 3, 2016 Share Posted November 3, 2016 ^^^ i really LIKE this newer plan much better. this should indeed become successful, especially downtown... 2 Quote Link to comment Share on other sites More sharing options...
Texasota Posted November 3, 2016 Share Posted November 3, 2016 (edited) Well, yes, but it's not downtown... (To be clear, I do still like it, but more as a catalyst for the area in which its proposed) Edited November 3, 2016 by Texasota 2 Quote Link to comment Share on other sites More sharing options...
towerjunkie Posted November 3, 2016 Share Posted November 3, 2016 Real bricks???? I can't believe this 3 Quote Link to comment Share on other sites More sharing options...
Sanjorade Posted November 3, 2016 Share Posted November 3, 2016 Eado still doesn't have a real grocery store. What sense is there to put up a high rise?? 2 Quote Link to comment Share on other sites More sharing options...
houstontexasjack Posted November 3, 2016 Share Posted November 3, 2016 326 micro units. Given Fannie Mae requirements for a condo project, the number of these that could be purchased by investors for lease will be limited. How many presales will be needed to make the project go? And how many people are willing to wait 2 years to move into a mini unit? On the other hand, the tiny house movement has grown by leaps and bounds. Could these be appealing to that demographic? 2 Quote Link to comment Share on other sites More sharing options...
H-Town Man Posted November 3, 2016 Share Posted November 3, 2016 11 hours ago, Sanjorade said: Eado still doesn't have a real grocery store. What sense is there to put up a high rise?? Well, as the saying goes, retail follows rooftops, doesn't precede them. Yes it's a new frontier, but if it's built (and looks anything like the rendering), a grocery store will surely be coming to Eado. I feel like having a tall new building in a neighborhood is sort of the green light for investment money in this part of the world. Makes the area seem legit. Midtown and Eado both seem to be on the cusp of getting theirs. Then again, it's not like the Heights needed a highrise for its transformation... 3 Quote Link to comment Share on other sites More sharing options...
nativehoustonion Posted November 3, 2016 Share Posted November 3, 2016 Please be positive. Just remember when EADO had no development. Now it is getting ready to take off! There are a lot of people moving here and want to be inside the loop. Get it now until pricing hikes. They did a open a Walmart about two miles away. One day EADO will connect with UOH. 3 Quote Link to comment Share on other sites More sharing options...
Sanjorade Posted November 3, 2016 Share Posted November 3, 2016 I agree with the sentiment of retail following rooftops. I think EaDo is better suited for townhomes and midrises. Having a highrise, full of microunits, just doesn't make the most sense right now. I was once supportive of this project, but now I believe it's the wrong kind of development. I just don't see this going very well for them after the first go round. 2 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted December 4, 2016 Author Share Posted December 4, 2016 Latest retail brochure is up, ~15,000 sq ft http://x.lnimg.com/attachments/25841F7F-870A-4B99-8CB5-ED6B064992CF.pdf 4 Quote Link to comment Share on other sites More sharing options...
Sanjorade Posted December 6, 2016 Share Posted December 6, 2016 On facebook, they are advertising the development as being in downtown as opposed to "EaDo" .... seems a bit deceptive to me. 2 Quote Link to comment Share on other sites More sharing options...
cspwal Posted December 6, 2016 Share Posted December 6, 2016 One of the midrises going up next to St. Joesph is advertising being in Midtown so words don't really have meaning anyway 5 Quote Link to comment Share on other sites More sharing options...
BigFootsSocks Posted December 6, 2016 Share Posted December 6, 2016 They're just getting an early start on the new MidDowntown area once the Pierce is gone 3 Quote Link to comment Share on other sites More sharing options...
Sanjorade Posted December 6, 2016 Share Posted December 6, 2016 2 hours ago, cspwal said: One of the midrises going up next to St. Joesph is advertising being in Midtown so words don't really have meaning anyway At least they are someone close to midtown .... Ivy is 6 blocks from downtown. 2 Quote Link to comment Share on other sites More sharing options...
UtterlyUrban Posted December 6, 2016 Share Posted December 6, 2016 On 12/4/2016 at 11:03 AM, Urbannizer said: Latest retail brochure is up, ~15,000 sq ft http://x.lnimg.com/attachments/25841F7F-870A-4B99-8CB5-ED6B064992CF.pdf I am surprised and skeptical that the 1-, 2-, and 3-mile radius demographic household income does not vary much radius to radius to radius. "Average"...... if the 1 mile radius picks up those 300 those wealthy folks at One Park place with say, $500k of annual income and picks up the several thousand folks somewhere in the east side with $30k incomes, what's the "average"..... gee, I wonder if they used the mean, median, or mode? 2 Quote Link to comment Share on other sites More sharing options...
j_cuevas713 Posted December 8, 2016 Share Posted December 8, 2016 MidDo 2 Quote Link to comment Share on other sites More sharing options...
j_cuevas713 Posted December 8, 2016 Share Posted December 8, 2016 (edited) On 11/2/2016 at 11:09 PM, Sanjorade said: Eado still doesn't have a real grocery store. What sense is there to put up a high rise?? Prob to attract a grocery store??? The people on the East End rely on small meat market places, which imo opinion are great! A big box gorcery store will prob kill those businesses. I mean with an increase in population and foot traffic, it will only be a matter of time before other things happen. Edited December 8, 2016 by j_cuevas713 2 Quote Link to comment Share on other sites More sharing options...
Sanjorade Posted December 8, 2016 Share Posted December 8, 2016 2 hours ago, j_cuevas713 said: Prob to attract a grocery store??? The people on the East End reply on small meat market places, which imo opinion are great! A big box gorcery store will prob kill those businesses. I mean with an increase in population and foot traffic, it will only be a matter of time before other things happen. Did Midtown have any high rises before Randall's? I think EaDo would be better suited for midrises. 2 Quote Link to comment Share on other sites More sharing options...
j_cuevas713 Posted December 8, 2016 Share Posted December 8, 2016 I think both neighborhoods are suited for those types of development. The thing is that Midtown is more modern and the East End is more industrial. Just two different styles. 2 Quote Link to comment Share on other sites More sharing options...
UtterlyUrban Posted December 9, 2016 Share Posted December 9, 2016 8 hours ago, j_cuevas713 said: MidDo MidDoE prononced Mid-dough 2 Quote Link to comment Share on other sites More sharing options...
samagon Posted December 9, 2016 Share Posted December 9, 2016 (edited) On 12/5/2016 at 6:35 PM, Sanjorade said: On facebook, they are advertising the development as being in downtown as opposed to "EaDo" .... seems a bit deceptive to me. EaDo is part of the downtown super neighborhood. http://www.houstontx.gov/superneighborhoods/snmapsbyzip.pdf so there's no subterfuge to call that location, or any location in EaDo, Downtown. Edited December 9, 2016 by samagon 6 Quote Link to comment Share on other sites More sharing options...
Twinsanity02 Posted December 9, 2016 Share Posted December 9, 2016 Interesting map. Going to study it. Thanks for the information. 2 Quote Link to comment Share on other sites More sharing options...
dml423 Posted December 21, 2016 Share Posted December 21, 2016 6 hours ago, CrockpotandGravel said: From Houston Chronicle: Weitzman Group to lease retail space in East End's Ivy Lofts project The Weitzman Group will handle leasing of 14,228 square feet of retail space on the street level of The Ivy Lofts, a 26-story condo building planned in the East End. Novel Creative Development is developing the 448-unit project of micro condos at the southwest corner of Leeland Street and Live Oak Street. Prices are expected to start below $160,000. Randy Hopper and Edward Heap with The Weitzman Group are handling the assignment. The space is being marketed to unique, casual restaurants, small-shop retailers and services.http://www.houstonchronicle.com/business/bizfeed/article/Weitzman-Group-to-lease-retail-space-in-East-10808246.php?t=fc9853b27c438d9cbb&cmpid=twitter-premium What I find crazy is projects like this go for street level retail yet many in downtown are not including any. Can someone explain how that makes any sense? 3 Quote Link to comment Share on other sites More sharing options...
HNathoo Posted December 21, 2016 Share Posted December 21, 2016 1 hour ago, dml423 said: What I find crazy is projects like this go for street level retail yet many in downtown are not including any. Can someone explain how that makes any sense? It's pretty simple. Most developers know what they're doing - these guys don't. With that being said, I really hope they do succeed, as this would be a game changer for the area. 2 Quote Link to comment Share on other sites More sharing options...
Texasota Posted December 21, 2016 Share Posted December 21, 2016 Most developers are (understandably) conservative and tend to continue doing what has worked for them in the past, which, in Houston, generally was not mixed-use. 3 Quote Link to comment Share on other sites More sharing options...
HoustonMidtown Posted December 23, 2016 Share Posted December 23, 2016 (edited) Their website has been updated with floorplans: http://theivylofts.com/the-ivy-loft-project/floor-plans Edited December 23, 2016 by HoustonMidtown 2 Quote Link to comment Share on other sites More sharing options...
Sanjorade Posted December 23, 2016 Share Posted December 23, 2016 (edited) Edited December 23, 2016 by Sanjorade 9 Quote Link to comment Share on other sites More sharing options...
Popular Post BigFootsSocks Posted December 23, 2016 Popular Post Share Posted December 23, 2016 (edited) . Edited December 23, 2016 by BigFootsSocks 12 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted January 17, 2017 Author Share Posted January 17, 2017 Proposed Case for: 2017-ASW-473-OE Structure Name: Ivy Lofts Structure Height: 234 Work Schedule: 06/30/2017 to 05/31/2019 3 Quote Link to comment Share on other sites More sharing options...
cloud713 Posted January 17, 2017 Share Posted January 17, 2017 So do we know how many stories this is now? No way it will be 28 stories if it's 234' tall. 1 Quote Link to comment Share on other sites More sharing options...
Avossos Posted January 18, 2017 Share Posted January 18, 2017 1 hour ago, cloud713 said: So do we know how many stories this is now? No way it will be 28 stories if it's 234' tall. Seems more like 20 stories 3 Quote Link to comment Share on other sites More sharing options...
HNathoo Posted January 18, 2017 Share Posted January 18, 2017 13 hours ago, Urbannizer said: Proposed Case for: 2017-ASW-473-OE Does this mean they've submitted plans for permitting? 2 Quote Link to comment Share on other sites More sharing options...
HoustonMidtown Posted April 30, 2017 Share Posted April 30, 2017 I wonder if they have given up on this one - there were no cars in the parking/sales lot today - the shrubs by the entrance are dead, the signs on the building are gone..... 2 Quote Link to comment Share on other sites More sharing options...
UtterlyUrban Posted April 30, 2017 Share Posted April 30, 2017 10 minutes ago, HoustonMidtown said: I wonder if they have given up on this one - there were no cars in the parking/sales lot today - the shrubs by the entrance are dead, the signs on the building are gone..... I don't know. It does seem to me that these developers either didn't understand the Houston Market and how it is different than NYC or they were simply a few years too early --- perhaps in a few years Houston will be ready for "micro" units (or perhaps not). It is hard being first --- it is hard to set the trend --- and these folks either knew that they were early and took a calculated risk to be first to market or were blind to the Houston market and went ahead anyway. either way, they are now sitting on a nice piece of property that they can likely flip for a profit or hold a few more years and give something another go! 1 Quote Link to comment Share on other sites More sharing options...
Popular Post KinkaidAlum Posted April 30, 2017 Popular Post Share Posted April 30, 2017 Pretty simple, you cannot charge half a million for 1,000 square feet in Houston on the "wrong" side of 59. $500,000 could get you a stand alone townhouse in 77019 with 2,400 square feet. A unit in The Royalton with 1,800 square feet (more space and a "better" location) Hell, for $330,000 you could get twice the space in the St. Germain in the heart of downtown proper. These were priced the same as The Marlowe and the price per square foot is somewhat similar in both. However, the Marlowe is marketing itself as a high end high-rise with mega amenities in the heart of downtown. The Ivy's marketing is all about small spaces and tiny houses. Which one would you buy into? 11 Quote Link to comment Share on other sites More sharing options...
cspwal Posted May 1, 2017 Share Posted May 1, 2017 I think more of the super small units at that $100k price point - and more importantly inside downtown, not 1/4 mile from the outskirts 3 Quote Link to comment Share on other sites More sharing options...
EllenOlenska Posted May 1, 2017 Share Posted May 1, 2017 I have a few questions and a few propositions on this one. But the simplest question would be why wasn't it planned right beside a rail stop. 6 Quote Link to comment Share on other sites More sharing options...
cspwal Posted May 1, 2017 Share Posted May 1, 2017 Probably a case of driver's blindness - its on Leeland (which has a rail stop just .7 miles away) and looks pretty close on a map. When they bought the lot for this development, I bet you they drove there as opposed to taking the Purple line 4 Quote Link to comment Share on other sites More sharing options...
samagon Posted May 2, 2017 Share Posted May 2, 2017 when this was proposed, the rail line wasn't open yet. But, to your point, I bet they didn't get out of their vehicles at the location on Leeland and walk to down to Scott street. it is very bike friendly location though, less than half a mile to a dedicated bike path. Imagine though, a concept like the ivy near the soccer stadium, like where the circuit apartments are. that could maybe work. and that's maybe. 5 Quote Link to comment Share on other sites More sharing options...
EllenOlenska Posted May 2, 2017 Share Posted May 2, 2017 (edited) That's part of it, I don't remember when the rail opened and this tower was proposed, or the rail was proposed or anyone knew where it was going to be proposed. (Which begs political and legal questions, I suddenly realize.) And I'm not saying I don't like the idea. On the whole, I do. But a part of me is playing imaginary sims. The "concept" (as you put it well) by the soccer stadium or even along the rail on the UH side of 45. Tangent: The Gensler by Design crew has a supercool concept very near the soccer stadium title Loop 720. Edited May 2, 2017 by EllenOlenska 3 Quote Link to comment Share on other sites More sharing options...
bobruss Posted May 9, 2017 Share Posted May 9, 2017 Crickets! 4 Quote Link to comment Share on other sites More sharing options...
HoustonMidtown Posted January 7, 2018 Share Posted January 7, 2018 I assume this project is dead....even though they still have listings in HAR -- looks like a lot of demo being done on the site 1 Quote Link to comment Share on other sites More sharing options...
phillip_white Posted January 8, 2018 Share Posted January 8, 2018 I hope I'm wrong, but that looks like interior demo for a re-purposing of the existing buildings. I don't think they would worry about removing interior debris if they were going to raze the structure. 2 Quote Link to comment Share on other sites More sharing options...
LTAWACS Posted January 8, 2018 Share Posted January 8, 2018 Yeah it's dead... 1 2 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted June 11, 2018 Author Share Posted June 11, 2018 Not sure if this is a good indication of this still being a proposal, but the loopnet listing for this has been updated http://www.loopnet.com/Listing/2604-Leeland-St-Houston-TX/5865647/ Quote Link to comment Share on other sites More sharing options...
Sanjorade Posted June 11, 2018 Share Posted June 11, 2018 Could work if these are all rentals. Quote Link to comment Share on other sites More sharing options...
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