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The Hawthorne (5656 San Felipe): New 17-Story Condo High-Rise

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https://www.bizjournals.com/houston/news/2019/01/14/multifamily-developer-gets-land-loan-for-galleria.html?iana=hpmvp_hstn_news_headline

 

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Houston-based Pelican Builders Inc. has received a loan to buy land for a new condominium tower in the Galleria-Tanglewood area.

 

Mission Capital Advisors’ Debt and Equity Finance Group arranged a $7.3 million non-recourse land loan for Pelican’s acquisition of 5656 San Felipe St., according to a press release. The 1.26-acre site currently houses several small residential structures.

 

Pelican is working to finalize plans for a 17-story condo tower with 67 luxury residences and 191 parking spaces, per the release. On-site amenities are expected to include a pool deck, resident lounge, fitness center and a dog park. The project is expected to break ground in October, per the release. 

 

Jason Parker, Steven Buchwald and Alex Draganiuk of Mission Capital arranged Pelican’s financing from a national real estate finance company, per the release.

 

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Two daily drivers and a weekend car???? Got to have room for that Land Rover, Mercedes G-Wagon and a Ferrari. 

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Looks like 5656 San Felipe is near the intersection of San Felipe and Chimney Rock. Seems like this building is going to tower over Tanglewood. Wouldn’t be surprised to see some Ashby-style resistance to this development. 

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3 hours ago, TexasGeneral said:

Looks like 5656 San Felipe is near the intersection of San Felipe and Chimney Rock. Seems like this building is going to tower over Tanglewood. Wouldn’t be surprised to see some Ashby-style resistance to this development. 

 

 

I could see this but there are several towers very near by including the 47 story San Felipe plaza just down the street. 

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On 1/14/2019 at 8:48 PM, db650 said:

Looks a little like Wilshire.

 

Reminds me of a little Park Place Tower. Has a similar color around the glass.

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On 1/14/2019 at 7:51 PM, ekdrm2d1 said:

From the press release

1gkm0sc.jpg

 

4 hours ago, Urbannizer said:

Some Tanglewood residents are against this high-rise.

 

https://protecttanglewood.com/

 

Look at that design, so would I. Ripped off Anadarko's tower, but worse.

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11 hours ago, lockmat said:

 

 

Look at that design, so would I. Ripped off Anadarko's tower, but worse.

I actually like it.  My first thought was that it looks like The Wilshire on Westcreek.  Modestly sleek.  Lots of glass and, hopefully, no stucco.  Discrete parking podium, too.

Edited by MarathonMan
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3 buildings at 5656 San Flipe had demo permits pulled yesterday

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=19024381&PT=SD

 

Project No: 19024381
Date : 2019/04/03 00:00:00
USE : BLD DEMO/SEWER DISC
Owner/Occupant : *NO CUSTOMER
Job Address : 5656 SAN FELIPE ST 1 77056
Valuation : $ 0
Permit Type : SD
FCC Group : Demo; Other Building(s)
Buyer : *JTB SERVICES
Address : 9026 LAMBRIGHT 77075
Phone : (713) 941-4141
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https://www.bizjournals.com/houston/news/2019/06/14/multifamily-developer-moves-forward-on-galleria.html?iana=hpmvp_hstn_news_headline

 



Now, that project has been dubbed The Hawthorne, named for "Tanglewood Tales" author Nathaniel Hawthorne, according to a June 14 press release.

 

Houston-based Kirksey Architecture is designing the building, while Lauren Rottet of Houston-based Rottet Studio is the interior designer, per the release. The Sudhoff Team will handle sales and marketing, and a sales center is expected to open this summer. Renderings also are expected to be released when the sales center opens.

 

Units will average 2,700 square feet in size and start at $1.3 million, per the release. Amenities will include centralized Wi-Fi, voice-controlled home automation and sizable outdoor terraces.

 

Pelican decided on the location in order to target the "underserved area west of the 610 Loop that would appeal to downsizing residents in Tanglewood, Briarcroft, Briargrove and the Memorial Villages," the release states.

 

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1 minute ago, Urbannizer said:

 

Same design it seems, but looks like they are upgrading the quality of the materials. The stone in the render looks like the stone thats going up on the Sophie on Memorial Drive. Don't like the driveway rapping around, but this is in Tanglewood, so not like it was going to be interested in being closer to the street.

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Looks pretty modern, to be honest, which fits with connecting Tanglewood to the Uptown area. I kinda love the wrap around drive way, with the extensive landscaping. Kinda gives it an older money feel.

 

Just an observation: Everytime I read the interviews for condo developments in Houston, this included, its always "empty nesters" or "lock and leave" or "downsizing" (in the context of older people). I guess thats the market for 300k+ Condos in Houston, but damn, how many older people are going to move back into the city. Who knew Houston has this seemingly large cache of 45+ year olds making great money just chilling 15+ miles out of the downtown. I wish I could ask these developers "well what should the 30 year olds be buying." I'm sure they'd say they are just renting.

 

The people of Tanglewood should be happy all this earning power is moving in, think of all the new development it will draw in. 😙

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2 hours ago, X.R. said:

Looks pretty modern, to be honest, which fits with connecting Tanglewood to the Uptown area. I kinda love the wrap around drive way, with the extensive landscaping. Kinda gives it an older money feel.

 

Just an observation: Everytime I read the interviews for condo developments in Houston, this included, its always "empty nesters" or "lock and leave" or "downsizing" (in the context of older people). I guess thats the market for 300k+ Condos in Houston, but damn, how many older people are going to move back into the city. Who knew Houston has this seemingly large cache of 45+ year olds making great money just chilling 15+ miles out of the downtown. I wish I could ask these developers "well what should the 30 year olds be buying." I'm sure they'd say they are just renting.

 

The people of Tanglewood should be happy all this earning power is moving in, think of all the new development it will draw in. 😙

 

With all various proposals and buildings already underway regarding senior living facilities in an urban typology, I'm sure someone found some really interesting numbers to start this trend. Its one of those fascinating things about statistics, and that idea that just because we have eyes to see with in many ways it blinds us to other things, or that our own eyes lie to us in many ways. Its like my recent fascination about the redevelopment on 34th street. Like why? What numbers are they looking at? Or its like Astros and reformulating semi decent pitchers into pitching gods. Like why? What numbers are they looking at? haha. Its interesting.

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San Felipe between Post Oak and Chimney Rock is a great place for this kind of residential development. I'd love to see more. I'm not necessarily thrilled by the building itself, but at least it isn't hideous. Pleasant enough urban infill. 

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I"m 63 and now live in Four Leaf Towers. My 6000 sq. ft. house in Hedwig Village was a great place when I had two kids in school and had tons of gear, a son who played guitar and drums and parking for our three cars.  It had a back staircase that allowed a summer to go by without having to meet my daughter's then-current boyfriend. But the kids are now in L.A. and Austin, one is married and my wife is nearing the end stages of a decades long rare neurological disease, By the time both kids were in their mid-=twenties, when they were at home, it was like running a small hotel and I was the staff.  I miss my garden and pool, but not much else about the property. At Four Leaf Towers, I have someone to unload my packages from my car after returning from Costco or HEB  and bring the stuff up to my apartment.  I;m now living in 2690 sq. ft. and its certainly more than enough for my needs.  Right now, I have one guest room and when  both my son and my daughter and son-in=law visit, I usually book one of them into a hotel for a few days. I think one could live nicely with a family in this apartment, but for many reasons, including the amount of personal possessions amassed by the affluent, including sports gear, cars, etc. it would feel cramped by most families.

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2700 sf and you have *one* guest room? cramped by *most* families? 

 

I think you need to rethink your definition of the word "most." And what do you do with all that space? And what did you do with 6000sf? Dear god.

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14 hours ago, Skyboxdweller said:

I"m 63 and now live in Four Leaf Towers. My 6000 sq. ft. house in Hedwig Village was a great place when I had two kids in school and had tons of gear, a son who played guitar and drums and parking for our three cars.  It had a back staircase that allowed a summer to go by without having to meet my daughter's then-current boyfriend. But the kids are now in L.A. and Austin, one is married and my wife is nearing the end stages of a decades long rare neurological disease, By the time both kids were in their mid-=twenties, when they were at home, it was like running a small hotel and I was the staff.  I miss my garden and pool, but not much else about the property. At Four Leaf Towers, I have someone to unload my packages from my car after returning from Costco or HEB  and bring the stuff up to my apartment.  I;m now living in 2690 sq. ft. and its certainly more than enough for my needs.  Right now, I have one guest room and when  both my son and my daughter and son-in=law visit, I usually book one of them into a hotel for a few days. I think one could live nicely with a family in this apartment, but for many reasons, including the amount of personal possessions amassed by the affluent, including sports gear, cars, etc. it would feel cramped by most families.

Thanks for sharing.  Always cool getting a look into the lifestyle of the rich and famous 😜

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15 hours ago, Skyboxdweller said:

I"m 63 and now live in Four Leaf Towers. My 6000 sq. ft. house in Hedwig Village was a great place when I had two kids in school and had tons of gear, a son who played guitar and drums and parking for our three cars.  It had a back staircase that allowed a summer to go by without having to meet my daughter's then-current boyfriend. But the kids are now in L.A. and Austin, one is married and my wife is nearing the end stages of a decades long rare neurological disease, By the time both kids were in their mid-=twenties, when they were at home, it was like running a small hotel and I was the staff.  I miss my garden and pool, but not much else about the property. At Four Leaf Towers, I have someone to unload my packages from my car after returning from Costco or HEB  and bring the stuff up to my apartment.  I;m now living in 2690 sq. ft. and its certainly more than enough for my needs.  Right now, I have one guest room and when  both my son and my daughter and son-in=law visit, I usually book one of them into a hotel for a few days. I think one could live nicely with a family in this apartment, but for many reasons, including the amount of personal possessions amassed by the affluent, including sports gear, cars, etc. it would feel cramped by most families.

You had 3 cars 👀

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Seriously, thanks @Skyboxdweller for sharing. Its always cool to hear people's perspectives. I guess I never realized its really the amenities that sell the property. 

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8 hours ago, Skyboxdweller said:

Well, I gutted th place and rebuilt it to accommodate my wife disease, multiple system atrophy - cerebellar, which is rare, degenerative, progressive and always results in death.She has the master bedroom to herself, with a large closet with no doors and  with an attached bathroom with no barriers and a roll in shower,.  When we first moved in she was independent and used   an electric scooter and was able to scoot into the shower, transfer to a bench and bathe herself.   For the last two years she has been immobilized and I have a staff of three aides who clean her, feed her, etc. Until recently I had someone on call during the night and she slept in th gust room next to my bedroom.

 

You have my sympathies for caring for someone with a condition like that. My grandmother lived with my family for a few years when she had Alzheimer's. I was in college. It requires a mental transition to begin spoon feeding someone, but it is one of the great memories of my life. I certainly did not do as much as I could have; my mother bore the brunt of it, and eventually we had to resort to assisted living for the last year or so. It is great that your wife is able to live with you and not somewhere else. God bless you both and thanks for sharing.

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