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Calhoun Lofts was built by the university and is university owned. These new apartments are off campus and privately owned. You don't make money off of student apartments by using expensive materials considering they'll be trashed in short order by people pissing off of balconies and setting fires in the halls as pranks.

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16 hours ago, KinkaidAlum said:

Calhoun Lofts was built by the university and is university owned. These new apartments are off campus and privately owned. You don't make money off of student apartments by using expensive materials considering they'll be trashed in short order by people pissing off of balconies and setting fires in the halls as pranks.

 

Hallway fire prank sounds very specific... perhaps something from personal experience? 😬

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On 7/6/2020 at 2:10 PM, Avossos said:

 

Well, This shouldnt be compared to Calhoun Lofts. It is clear that was built with better materials.

 

I worry how these will age based on materials (mostly stucco) and design (pieces of the building's architecture that stick out) that will naturally deteriorate faster, and the color (dated).

 

I feel like this is made with materials that are pretty standard across the city. The colors are a bit bright and unique but if you're that worried about this project you must not be too excited about the rest of the city. 

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I'm old. I went to college before the amenity race took off. My freshman year all-male dorm had cinder block walls. Pretty sure they just used a firehose to wash the joint when Spring term was over. Sophomore dorm wasn't much better but there were coed bathrooms. Junior year I "won" a lottery and got a newer dorm (from the 70s) that had bedroom suites. Two doubles and two singles that shared a bathroom and a common room that had one couch and a table. That was considered luxury. 

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  • 2 weeks later...

https://www.houstonchronicle.com/business/real-estate/article/Student-housing-opens-near-UH-and-TSU-15429954.php

 

Student housing opens near UH and TSU

Photo of Nancy Sarnoff
Nancy Sarnoff July 24, 2020 Updated: July 23, 2020 9:35 p.m.
Tower 5040, a 147-unit, 405-bed student housing complex adjacent to the University of Houston’s main campus, welcomed its first residents in July.
1of2Tower 5040, a 147-unit, 405-bed student housing complex adjacent to the University of Houston’s main campus, welcomed its first residents in July.Photo: Courtesy of WGC Partners
Tower 5040, a 147-unit, 405-bed student housing complex adjacent to the University of Houston’s main campus, welcomed its first residents in July.

2of2Tower 5040, a 147-unit, 405-bed student housing complex adjacent to the University of Houston’s main campus, welcomed its first residents in July.Photo: Courtesy of WGC Partners

 

Tower 5040, a new student housing complex with 405 beds and high-end apartment amenities, has opened just south of the University of Houston.

The building, at 5040 Calhoun, is just north of Brays Bayou and across the street from university-owned fraternity and sorority housing. The 1.5-acre parcel previously housed the Sigma Chi fraternity house, which was torn down in 2016.

The complex is about 60 percent leased and its first residents moved in this week. The developer, WGC Partners, anticipates being 95 percent full in the fall. The eight-story property includes 147 one-, two- and four-bedroom units. Rental rates are $1,000 per bed.

 

Urban development: Houston developer plans high-end project in East End

The property includes a game room, business center, conference and private study rooms, along with a fitness center, dog park and swimming pool with a screen for showing movies. Select units have large balconies with fire pits and views of the UH campus and downtown Houston, the developer, said.

WGC is a partnership of Steve Spessard of Gore Creek Partners, Rocky Stevens and Mark Seger of Wellington Development Co. and Nick Gonzalez of GRC Capital. Principal Real Estate Investors is also a partner. Dallas-based Humphreys & Partners Architects, HPA Design Group and HP Landscape Architecture designed the project.

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