TheNiche Posted April 3, 2007 Share Posted April 3, 2007 GlobeSt.com Commercial Real Estate News and Property ResourceEXCLUSIVE Last updated: April 3, 2007 07:46amLegacy Maps Out $60M-Plus Plan for 334 UnitsBy Amy Wolff SorterHOUSTON-The Foster City, CA-based Legacy Partners Residential Development Inc. has closed on 3.3 acres in West Central Houston to build a 334-unit residential project. Sources familiar with the location say the development dirt alone cost nearly $13 million while the project itself could end up close to $155 per sf to build.Link Link to comment Share on other sites More sharing options...
GovernorAggie Posted April 3, 2007 Share Posted April 3, 2007 Maybe that was the reason for the "notice of variance request" sign I saw along Memorial on Sunday?? Link to comment Share on other sites More sharing options...
HtownWxBoy Posted April 3, 2007 Share Posted April 3, 2007 Awsome news! Link to comment Share on other sites More sharing options...
Pumapayam Posted April 3, 2007 Share Posted April 3, 2007 Legacy at Memorial will be one- and two-bedroom units, averaging 1,179 sf. The average monthly rent is projected to be $2,392.Might as well get a loan and pay a mortgage, that is so expensive for a measley 2 bedrooms! :closedeyes: Link to comment Share on other sites More sharing options...
The Great Hizzy! Posted April 3, 2007 Share Posted April 3, 2007 I'm sure someone in the existing communities along Studemont and Memorial will be displeased with the blocked views of the skyline. Nevertheless, if this gets built, residents would certainly be paying top dollar for a unit facing east. I'd imagine that view would be among the five best in the city. Link to comment Share on other sites More sharing options...
Highway6 Posted April 3, 2007 Share Posted April 3, 2007 Is this on the site where that warehouse came down recently or are they talking on the north side of Memorial ? Link to comment Share on other sites More sharing options...
The Great Hizzy! Posted April 3, 2007 Share Posted April 3, 2007 Sounds like they're talking north of Memorial, where an old distribution depot used to be (I don't know the history of it, just that it was basically torn down a couple of years ago). The warehouse across the bayou on Montrose used to be Sears among other things, and from what I understand, a new mosque and/or faith center will be built there. I'll have to try to do an archive search at one of either the Chronicle or HBJ to find the specific article. Link to comment Share on other sites More sharing options...
musicman Posted April 3, 2007 Share Posted April 3, 2007 building site? Link to comment Share on other sites More sharing options...
The Great Hizzy! Posted April 3, 2007 Share Posted April 3, 2007 ^^^ Yeah, Musicman, that's what I'm thinking. In fact, it's the only site, given the description, that makes sense. Link to comment Share on other sites More sharing options...
WesternGulf Posted April 3, 2007 Share Posted April 3, 2007 rendering Link to comment Share on other sites More sharing options...
musicman Posted April 3, 2007 Share Posted April 3, 2007 Might as well get a loan and pay a mortgage, that is so expensive for a measley 2 bedrooms! :closedeyes: helps keeps the riff raff down to a minimum Link to comment Share on other sites More sharing options...
The Great Hizzy! Posted April 3, 2007 Share Posted April 3, 2007 Hey, now that manages to be a little different and yet not overzealous--although, the color scheme is painfully familiar. Maybe something in a color similar to the Museum Tower's reddish-brown brick would help it stand out even more. Link to comment Share on other sites More sharing options...
HtownWxBoy Posted April 3, 2007 Share Posted April 3, 2007 rendering I like it. Great location, too! Those east facing apartments are going to have awsome views of Downtown! Link to comment Share on other sites More sharing options...
musicman Posted April 3, 2007 Share Posted April 3, 2007 I like it. Great location, too! Those east facing apartments are going to have awsome views of Downtown! and the ones across studemont will lose their views! Link to comment Share on other sites More sharing options...
Pumapayam Posted April 3, 2007 Share Posted April 3, 2007 I like it. Great location, too! Those east facing apartments are going to have awsome views of Downtown! Until a taller building get contructed in between that one and downtown. Link to comment Share on other sites More sharing options...
HtownWxBoy Posted April 3, 2007 Share Posted April 3, 2007 and the ones across studemont will lose their views! the circle of life Until a taller building get contructed in between that one and downtown. the more the merrier! Link to comment Share on other sites More sharing options...
Houston1stWordOnTheMoon Posted April 3, 2007 Share Posted April 3, 2007 Handsome building. Maybe its being constructed to be converted over to condos at a later date. That rent is way high. Link to comment Share on other sites More sharing options...
MidtownCoog Posted April 3, 2007 Share Posted April 3, 2007 And not too far away (Waugh @ AP) we have tower that went from condos to apartments. Link to comment Share on other sites More sharing options...
Pumapayam Posted April 3, 2007 Share Posted April 3, 2007 the circle of life the more the merrier! I agree, as long as I was not the one that rented/bought a place that was advertised with "a view of downtown!" Link to comment Share on other sites More sharing options...
sevfiv Posted April 3, 2007 Share Posted April 3, 2007 building site?if that's the place, it's the old Ed Sacks Wastepaper site Link to comment Share on other sites More sharing options...
nmainguy Posted April 3, 2007 Share Posted April 3, 2007 if that's the place, it's the old Ed Sacks Wastepaper siteYep. Link to comment Share on other sites More sharing options...
Montrose1100 Posted April 3, 2007 Share Posted April 3, 2007 Looks good! Great infill!! I'm excited about all these cool Houston projects. Link to comment Share on other sites More sharing options...
Talbot Posted April 4, 2007 Share Posted April 4, 2007 It's a nice looking building. Not too boring and not too gaudy. Link to comment Share on other sites More sharing options...
Highway6 Posted April 6, 2007 Share Posted April 6, 2007 Chron article Link to comment Share on other sites More sharing options...
houstonfella Posted April 19, 2007 Share Posted April 19, 2007 Sweet! That's the second highrise over there. It is beginning to look like Houston has yet another skyline with AIG's 40 story tower, American General, Royalton and the new 25 story luxury condo tower. The location is about as good as it gets. Link to comment Share on other sites More sharing options...
The Great Hizzy! Posted April 19, 2007 Share Posted April 19, 2007 Just imagine if the Orions hadn't turned out to be a farce. Link to comment Share on other sites More sharing options...
Trae Posted April 19, 2007 Share Posted April 19, 2007 Not bad. Link to comment Share on other sites More sharing options...
houstonfella Posted April 19, 2007 Share Posted April 19, 2007 Just imagine if the Orions hadn't turned out to be a farce. Yeah, Hizzy, I suppose the Orions were just way too much $$$ when so many other residential highrises are going up. It would have been nice. I think this one will fly because it is really nice and in the right location. I wondered years ago if that great piece of real estate would ever be developed and now, perhaps, we have liftoff. Link to comment Share on other sites More sharing options...
lockmat Posted September 14, 2007 Share Posted September 14, 2007 where did westerngulf get that rendering? do we have a link for it? Link to comment Share on other sites More sharing options...
ChannelTwoNews Posted September 27, 2007 Share Posted September 27, 2007 where did westerngulf get that rendering? do we have a link for it?I think he may have saved it when some of the original articles were active since I recall seeing it elsewhere.The same rendering is also featured on the architect's website in the residential section of their portfolio under the name "Memorial Drive". I've also seen the vague mention of "Fall 2007" as a date for groundbreaking. Is that still correct? Link to comment Share on other sites More sharing options...
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