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36-Story Multifamily High-Rise At 3615 Montrose Blvd.


yaga

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https://www.bisnow.com/archives/newsletter/local-real-estate/houston/4776-multifamily-monday-a-sneak-peek-at-the-susanne/

 

 

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The 34-unit 3615 Montrose is perhaps most notable for its architect—it'll be Philip Johnson/Alan Ritchie's first Houston project in 20 years. (Philip Johnson is the starchitect behind local icons like Pennzoil Place and Bank of America Center). Developer Riverway Properties' Mike Carroll tells us the team chose the location—in view of PJAR's last Houston project, St. Basil's Chapel—because Montrose is the cultural epicenter of Houston, and it has a very limited supply of condos. (This is the only property with for-sale units on Montrose south of Westheimer.) Assembling the land was a challenge that took more than a year, especially since most sites nearby are owned by institutions like the Greek Orthodox Church or the University of St. Thomas.

 
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Riverway let PJAR have a lot of artistic control, and lead architect Marko Dasigenis designed a new (curvier) take on the famous Glass House. The team got a setback variance to put the building closer to the street, which Mike believes is important to creating a more walkable street scene. Kudela & Weinheimer is handling landscape design and will focus on the pedestrian experience. Units at 3615 Montrose range from $1M to $3M, and Riverway intentionally kept the property small (34 units) to create exclusivity and reflect the neighborhood. Above, we snapped this homage to Philip Johnson's local work in 3615 Montrose's sales center.

 
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Although 3615 Montrose won't break ground until Q4 and deliver until Q4 '16, it's already getting a lot of interest. Mike tells us he's already escrowed a contract with an international traveler who lives in Houston six months out of the year—he says the community is a great lock-and-leave option or urban home for empty nesters.

 

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http://montrosedistrict.org/real-estate-deals-booming-in-montrose/

 

“We’re very pleased with our predevelopment sales. We’ve already sold 10 units out of 34 total units planned. This means we’re definitely going ahead with the project,” said Michael Carroll at one of the boutique developments, 3615 Montrose, when reached for comment.
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On 6/26/2016 at 11:51 AM, HoustonMidtown said:

The lot hasn't been mowed in a while - looks like this one is dead :(

 

Now confirmed, proposal will come back again when the time is right.

 

http://www.bizjournals.com/houston/morning_call/2016/06/exclusive-houston-developer-shelves-plans-for.html

 

https://www.bisnow.com/houston/news/multifamily/failure-to-secure-construction-financing-halts-luxury-montrose-condos-61910

 

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Finished my ride today by checking out the progress. One of the Bacco co-owners was there and confirmed the beer garden theme. I asked about the condos that were supposed to go up and he said the group who planned to build  just didn't have the money to make it happen.

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  • The title was changed to 3615 Montrose: Bacco Beer Garden
  • 9 months later...

Hops Heads tore down the site last week, wonder what will take its place? Mio Brew has a new shop in the Bacco Grill. Same owner owns both lots and he was the owner of the never built mid rise lot.

Mio Brew has a site on Stella Link and N. Braeswood which is or was also a Bacco. I wonder if this concept replaces the Bacco? His Bacco wine shop on Montrose seemed really popular before covid.

https://mio-brew-coffee-houston.business.site

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A company called  "Montrose and Marshall LLC" owns 2/3 of the whole block from the alley way west to Montrose Blvd. Could we get another well funded developer to build another high rise? When they first set up the Hop Heads I just happened to talk to one of the owners and he is the one who said the defunct mid rise developer just didn't have the funding to proceed.

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  • The title was changed to 30-Story Multifamily High-Rise At 3615 Montrose Blvd.
  • The title was changed to 36-Story Multifamily High-Rise At 3615 Montrose Blvd.

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