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The Interpose, 6-Story Residential Building at Shepherd & Center St.


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There are CBRE signs up at the Bethel Church at 1107 Shepherd, or the block bounded by Shepherd, Durham, Center and Nett. This might create difficulty for the restaurant formerly known as Floyd's, since they use the church parking lot for their customers. Flyer at http://looplink.houston.cbre.us/xNet/Looplink/Profile/Profile.aspx?stid=cbre/houston&LID=19808539&LL=true&UOMListing=&UOMMoneyCurrency=&RentPer=PY&SRID=7484074448

 

The Interpose:

 

the-interpose-rendering.png

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On 6/5/2016 at 11:22 PM, Ross said:

There are CBRE signs up at the Bethel Church at 1107 Shepherd, or the block bounded by Shepherd, Durham, Center and Nett. This might create difficulty for the restaurant formerly known as Floyd's, since they use the church parking lot for their customers. Flyer at http://looplink.houston.cbre.us/xNet/Looplink/Profile/Profile.aspx?stid=cbre/houston&LID=19808539&LL=true&UOMListing=&UOMMoneyCurrency=&RentPer=PY&SRID=7484074448

Happy to see more change happening in this area, seems to be a flurry of late.

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  • 11 months later...

http://swamplot.com/bethel-churchs-entire-center-st-block-now-sending-mixed-use-messages/2017-05-30/

 

1107-n-shepherd-dr.jpg

 

Quote

CATTY-CORNER TO THE southwest of the area’s newest self-storage midrise, the block at N. Shepherd Dr. and Nett St. housing Bethel Church is now broadcasting plans for a mixed-use development from several large signs standing around on the property. A couple of readers reported the new decor from various angles late on Friday (including the one above, which includes a glimpse of finally settled, named, and opened FM Kitchen + Bar on the former Alva Graphics lot across the street). The church’s1.48-acre block (bounded by Durham Dr. and Center St. on the other 2 sides) hit the market last summer, and looks to be getting wrapped into the Huningtondevelopment fold.

 


 

The conversion of the church property would put a mixed-use development right next to the Azure Apartments midrise currently going up right across Durham.

 

 

1107-n-shepherd-dr-2.jpg

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1 hour ago, cloud713 said:

"Wrapped into The Huntington development fold"? So the owners of the Huntington bought this and plan to develop this into an additional component to go with their residential tower?

 

Hunington, only one 't'.


http://www.hpiproperties.com

 

They primarily develop one story strip centers, I would curb my expectations on this one. 

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To be clear, this is 1107 Shepherd. 1107 N Shepherd would be more like the Popeyes at 11th and Shepherd.

 

In any case, at least there's now some idea of what will be going here. I assume this means the restaurant fka Floyd's/Mardi Gras/etc on Durham that used the parking lot will never reopen

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22 hours ago, Evil Developer said:

knowing what HPI does, my guess is apartments on top of retail, like their deal on San Felipe next to briar grove.

Edit:

 

Those apartments struggle to capture retail. Karate studio closed and haven't been able to lease the corner and most visible spot. Wine Bar next door shut down, Greek Pita place has been "coming soon" for months.

 

I think there's only a Subway and ER place.

 

Maybe it has to do with the location & visibility. Wish this location better luck.

Edited by Montrose1100
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I can only suggest that sometimes it depends on the business that chooses the space. 

Look at Post properties at Bagby and West Gray. That retail has been buzzing now for over ten years with very little turnover.

Of course this is in the middle of a very large concentration of residential complexes and the streets are alive with people.

But that wasn't the case before Post came along so there is a way to make these types of mixed use developments work.

Karate studios and Greek Pita places probably weren't the best choices for tenants. 

 

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This will be awesome infill for this area and love the large retail component.  It would be great if some nearby retailers relocated to this building, freeing up their freestanding or strip center buildings for more redevelopment.  Washington corridor keeps chugging along.

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17 hours ago, SkylineView said:

What the hell are micro apartment homes?

 

Depends on the city and how hard it is to get ample amount of space / sqft. To clasify as a "micro" apartment its around 50-350sqft. I would image for the Houston market it might be 250ish? Pretty new concept here. So think of Studio size, but a tad smaller than that. I imagine this will be targeted to young professional transplants or expats from other countries who are working in Houston companies for maybe a year or two. Its actually a good idea. It will help free up the market for more locals to get other places that might go to these other kinds of people when they really don't need a place with a lot of sqft.

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  • Highrise Tower changed the title to The Interpose, 6-Story Residential Building at Shepherd & Center St.

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