BlindTiger

52 minutes ago, BeerNut said:

Oil prices are up but I doubt we'll be seeing any kind of boom in Houston.  I feel this is more of a blip than anything sustainable.  What's everyone else's thought?

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.

Any word on when subsequent phases will begin?

On 12/15/2021 at 1:40 PM, freundb said:

How likely is it that those were made out of country and sitting on a boat for months?

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. 

Seems like there might not be much in the way of worthwhile updates until ground breaks...

23 hours ago, thatguysly said:

Amazing how many topics in 4th Ward and Midtown turn into how much people don't like the poors.

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. 

37 minutes ago, wxman said:

That’s a mighty long time for an ambitious project like this. It all starts good but then half way through they blame market conditions for getting a 2 story strip center and a parking garage. The pavilions downtown is a prime example. Was supposed to be three large high rises but ultimately ended up with a half baked project that nobody knows or cares about.

 

Regent Square is another example except that one never left the drawing board.

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. 

Any updated construction in the past few weeks by chance?

Maybe we could go back to talking about real estate? I remember when this board talked about real estate. It was nice. 

15 minutes ago, htownbro said:

 

it's coming up slowly but surely

So this is confirmed a leasing office?

3 hours ago, Angostura said:

Doesn't look like the kind of foundation you'd pour for a 20-story building, but it seems too big to just be a sales office.

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. 

Any update in the past week and a half or so?

Are any of the towers included in phase 1?

17 minutes ago, LBC2HTX said:

 

Groundbreaking Q4 2018. 

 

http://dcpartnersusa.com/properties/the-allen/

 

 

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. 

8 minutes ago, terra002 said:

I live close by, its run down and very unsafe. Its not worth driving through there because the gangs can be so bad.  Ive had guys on the corners trying to stand in front of my car to stop me, asking what drugs i was looking for. 

Whoa - which streets do you see this activity on?

On 4/12/2018 at 2:34 PM, jgriff said:

I walked by it yesterday. Seems to be no activity on site.

Bummer, that looks like a great project if it were to ever get off the ground. 

17 hours ago, Ross said:

The last hearing on the landfill lawsuit pretty much killed it for good. There are a few Ashby signs still around, but not many. The lot is still empty.

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. 

Any updates on this project?  Is it for sure happening or are some big pieces still up in the air?

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.