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Vertigo58

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2 hours ago, ekdrm2d1 said:

Looks like somebody heard his graffiti was being torn down.

 

HedSIzT.jpg

Some poor guy that makes very little money is going to have to explain to the bosses how the site wasn’t secured and now the company has to pay to paint this container.

 

Rowdy is a dick but at least he didn’t paint the townhouses at the back of the lot. 

 

 

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https://www.bisnow.com/houston/news/mixed-use/lovett-commercial-makes-three-way-deal-with-hanover-for-mixed-use-parcel-and-separate-non-profit-facility-101468

 

Two of Houston's most high-profile local developers have cut a three-way deal to develop a mixed-use project along the Buffalo Bayou and a nonprofit mixed-use development in Houston's East End. 

 

Lovett Commercial, behind projects like Post HTX, sold a 5.8-acre property in Houston’s rapidly developing East End neighborhood to The Center for Pursuit, Houston’s largest not-for-profit organization serving adults with intellectual and developmental disabilities. The deal frees up The Center for Pursuit to move from its current home at the corner of Shepherd Drive and Allen Parkway, which it is selling to Hanover Co. so the Houston-based developer can pursue a mixed-use project at the site in River Oaks. 

 

The official closing was on Oct. 11 with terms and conditions undisclosed. The Center for Pursuit will build a new facility for residential and day programs for its clients in the East End. Hanover has closed on the first parcel of this two-parcel sale and is scheduled to close on the second one in late 2020. 

 

What exactly Hanover is planning at the current home of The Center for Pursuit hasn’t been released. The developer has been active in the area, piecing together various parcels for a project dubbed Hanover Buffalo Bayou. Last year Hanover paid $30.6M to the city of Houston for a 4.5-acre site at 3540 West Dallas, just across Marston Street from the Center's current home. 

 

Altogether the parcels will likely total 13.6 acres, based on a variance request for the site submitted by Hanover to the city. Those early plans show a hotel, a residential component, an office building with coworking space, retail and plenty of green areas along the bayou. 
 

Edited by DrLan34
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