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BlindTiger

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  1. BlindTiger
    I've been wondering the same thing. Even if it doesn't translate directly into the commercial office market, what are the expectations for the single family housing market. Assuming this price spike translates at least somewhat to a little more money in people's pockets, I would expect to see continued or increased tightness in the SFH market.
  2. BlindTiger
    Any word on when subsequent phases will begin?
  3. BlindTiger
    This is correct. The silver cladding is all fabricated in Australia. Or at least that is the info I got when talking with someone involved in the project ages ago after they had constructed the little condo showroom.
  4. BlindTiger
    Seems like there might not be much in the way of worthwhile updates until ground breaks...
  5. BlindTiger
    To be fair, they are mostly turning into "people think other people don't like poors and are getting mad about it." I think one person said something to the affect of "APV should go or is likely to go." Then like 5 people are saying no one likes the poors and rich people are bad and arguing against arguments that were never made in the first place. All very odd.
  6. BlindTiger
    Yep, who knows what will actually pan out of this. I'm just relaying what I was told. Once they break ground on the tower, I bet it's only about a year until they have structural steel up. Once that happens, you can at least rest assured know how the skyline will change.
  7. BlindTiger
    I meant to post this sooner, but you know how things are. I was in town and driving by the property in early March. Guys were working inside so my SO and I thought we might try to take a peek and just have a chat. We spoke to the lead construction guy, whose name is eluding me right now. The sales gallery is basically a model unit so prospective buyers can see what condos in the tower will look like. They will have a huge tv that is able to show the view out the windows of any given unit which I thought was pretty neat. The metal design on the outside of the gallery I think is there to stay, it is going to be the actual design/finish for most of what is being built there. The guy said it was his first time working with that material and he was really interested to see how it went because it was going to be incorporated everywhere. It is all pre-fabbed and shipped in from Australia. He confirmed a start date on the pavillion of April. (Speaking to him in early March, he said they would break ground "next month."). I think he said construction on the pavilion would take about a year and then they would get the retail in, etc. The details here are a bit fuzzy but I'm pretty sure he said they would break ground on the tower (the next building they would start) in about 9 months, so December, and that once they broke ground construction would take about 3 years. After getting the tower underway, they would begin work on the other two buildings, but did not have a definite timeline. Overall, he said timeline to complete would be about 5 years.
  8. BlindTiger
    Any updated construction in the past few weeks by chance?
  9. BlindTiger
    Maybe we could go back to talking about real estate? I remember when this board talked about real estate. It was nice.
  10. BlindTiger
    So this is confirmed a leasing office?
  11. BlindTiger
    Likewise, I am confused as to what this will be fore as it does not look like what you'd expect for a tower foundation.
  12. BlindTiger
    Any update in the past week and a half or so?
  13. BlindTiger
    Are any of the towers included in phase 1?
  14. BlindTiger
    That would be very welcome news. I'm skeptical about the groundbreaking given how long this project has been waiting already, but given that they announced groundbreaking for 4Q 18 in 4Q 18 it makes me think they are ready and will follow through. Fingers crossed but cautiously optimistic. Something tells me that vacant lot on Dallas next to the cemetery doesn't stay vacant long.
  15. BlindTiger
    Whoa - which streets do you see this activity on?
  16. BlindTiger
    Bummer, that looks like a great project if it were to ever get off the ground.
  17. BlindTiger
    Hey Ross, do you have any more info on these projects - the Ashby or the Hempstead lanfdill? I have seen some articles about the brick streets. The only proposed development I have really seen in that area is "The Allen" which is at Gray st and Allen Pkwy. Looks great if it were to ever get developed. I've also noticed a lot of vacant land in the neighborhood - maybe these community issues you are alluding to help explain that.
  18. BlindTiger
    Any updates on this project? Is it for sure happening or are some big pieces still up in the air?
  19. BlindTiger
    Hey guys, I was referred to this website by some friends who said it was the go-to destination for Houston Real Estate information. After perusing through, I know I've found the right place and I'm actually overloaded with information. Long story short - I am trying to get information on development happening in the fourth ward. Here is a rough outline of the area I am interested in: https://imgur.com/a/oBzAu . More specifically I'm interested in the areas bounded roughly by Dallas to the north, Taft to the west, Gray to the south, and Buckner to the east. Can anyone provide any information as to what developments have happened in the area in the past couple years? Are there any developments planned? Anything to look out for? I'm familiar with a few apartment buildings having gone up along Dallas, but is there anything other than that? In general, how would you describe this area? Is it a dead zone? Is it up-and-coming? If you owned real estate here would you be enthusiastic about the future or looking to sell? I know there is a lot of vacant land and there have been some old shotgun homes that appear to be in disrepair. It also seems highly residential and not much in the way of recreation or retail or grocery stores. The reason I'm interested in this area is on behalf of my significant other. She owns a home here and has been renting it out. Due to moving for her job, she is also a long-distance landlord. Her rental really took a hit in the past year when it became vacant at the bottom of the oil and gas cycle. Her rent decreased by a ton and she is going to great expense to carry the property. We're trying to figure out what the long term potential for the area is. Almost everywhere I look in Houston it seems like real estate is developing and things are looking good, but this area seems to lag a bit. Plus the oil market seems to be stabilizing a bit and I know how huge that is for Texas in general, but Houston specifically. As an outsider, I would think being close to the best parts of midtown and having proximity to downtown would be great assets, but I understand real estate markets can be very local. What would you guys say is the 5-10 year potential for this neighborhood? Any other info you have to help me out? Any links to developments that have taken place or are in the works would be GREATLY appreciated. Thanks for reading and take care.
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