clutchcity94

16 minutes ago, X.R. said:

For real. The two/three tone stone looks great from the highway, and those balconies look nice from the street. I had low expectations, for some reason, but this looks like a good addition.

Also, check that rendering, museum district has to be nearing some heightened (for Houston) amount of density, right? You'd think at some point it would start to attract some kind of retail or something. 

 

My guess is the next spot in this pocket to densify is the vacant 35,000 square ft lot just across the highway at 4503 Montrose.

Since the office building plan for that lot never panned out about 7 years ago, my guess it will be residential with GFR.

8 minutes ago, emmanume said:

 

Hah that was me that asked that...just can’t remember where I initially heard it.

4 minutes ago, emmanume said:

I remember 

I remember seeing plans to build an Equinox at the new Allen development on the bayou. I wonder if Equinox could sustain both with such proximity 

I vaguely remember reading something about that too, but couldn’t find anything. Do you have a link?

10 minutes ago, nate4l1f3 said:

Why would Kroger lease out in the same location if one of the reasons they closed was because of profit? Maybe newer store brings more folks in?

I don’t necessarily think it’ll be another Kroger (or grocery store) on the ground floor. Wouldn’t surprise me if it were a gym chain though. Other than Timberline (which is quite small) further south near the spur, there really isn’t another large gym closer than the 24 Hour Fitness in Midtown or that LA Fitness on Yale.

I think another Equinox gym would make perfect sense in this spot. Their River Oaks District location is quite a hike from a Montrose, especially during rush hour. They could draw a solid customer base willing to pay $180/month from not only Montrose, but the Heights, Rice Military, Museum District, and Boulevard Oaks as well.

6 hours ago, Urbannizer said:

https://realtynewsreport.com/disco-kroger-site-sold-for-redevelopment-project/
 

 

Looks like they only have one project in their portfolio that is actually in an urban area (Dallas), and surprise surprise...it’s multi family with a Kroger on the ground floor.

3 hours ago, Houston19514 said:

 

Good article in the Business Journal about Greentown Labs in the former Fiesta building.

Can you post the article for non-subscribers?

31 minutes ago, gene said:

dang the new clinic looks to be finished (across the street) and ready to relocate from this plaza! 

i would say by weeks end this plaza will be empty...do you think they will knock down this plaza almost immediately once empty like they did Jack In The Box? 

I think they will. They should turn it into a temporary outdoor movie theater while they figure out next steps! BYONoiseCancellingAirpods.

1 hour ago, hindesky said:

This actually isn’t a bad looking building. I dig it.

1 hour ago, thedistrict84 said:

Parking issues and more people cutting through the neighborhood from Montrose to get to the development come to mind. Also, depending on how the garage is situated, which directions balconies face, etc., there could be a moderate increase in noise.

Don't get me wrong, I support this project and ones like it, I’m just being devil’s advocate here.

What effect will it have on nearby property values?

1 hour ago, thedistrict84 said:

Anyone on Nextdoor or any of the FB groups from this area of Montrose able to provide any intel on the NIMBY response?

This 8-10 block enclave south of Richmond is a fairly quiet area that is home to a really eclectic mix of old single family homes, new townhomes, and a few smaller 10-20 unit apartments. I used to work on the eastern side of Montrose just north of the bridge over 59, and would walk back through this area whenever I needed to step away from stressful lawyering stuff. It was pretty quiet and peaceful, with the only sound being the faint drone of cars going by on the recessed portion of 59. 

I cannot imagine the area would be too keen on a 15 story residential building going in. 

Looks like someone just posted it to Nextdoor less than an hour ago. No discussion yet. 

There’s a lively conversation (100+ posts) going on about this on Reddit, though.

What type of impact will this sort of development have on the Montrose homes south of Richmond?

I’m still waiting for someone to turn that big ugly yellow house on Richmond (former Drew’s BBQ) into something.

Any idea when this project will break ground?

18 minutes ago, Avossos said:

 

 

Wow! 4312 Greeley is really nice! I wonder how much these homes sold for.

1 hour ago, Avossos said:

Cool but I don’t want them to tear down the 3 really nice homes. Seems like they could have just left them.

Which three homes are you referring to? I thought the homes were across the street.

3 hours ago, Response said:

I think it would be a great place to put a Greyhound Bus Station.

Can there be a McDonalds next door too?

27 minutes ago, j_cuevas713 said:

The only info I have is from their IG page. It's from 6-9pm. A mix of some of the best chefs in Houston and live music. 

Awesome! What’s the IG page? Can’t find one for Tatemo.

1 hour ago, j_cuevas713 said:

Any word on the future plans for this? A food truck named Tatemo is having an event in the parking lot this Saturday. 

Any details on Saturday’s event? I heard Tatemo makes the best corn tortillas in the city...I wanna check it out!

13 minutes ago, wilcal said:

The thought that there is a sliver of a chance Aladdin is going away makes me pretty sad :(

Fadi’s > Aladdin

4 hours ago, kennyc05 said:

Hey hey keep that on Clutchfans 😁😁😁

CF.net 99’r here! 😃

I wonder what this pop up will be all about.

Website is up and running. Leasing Spring 2021.

https://www.liveatchelseamuseumdistrict.com

Levcor needs to step it up with this prestigious address. Their strip center at Richmond & Kirby is not a looker.

20 minutes ago, Texasota said:

I think Rice (or anyone really) should buy 1700 N Main, restore it, and make it a Half Price Books. 

Or how about 368 Fairview? It’s a beautiful building (albeit very dilapidated), but I could totally see a HPB in there. That way they can stay in the neighborhood (Montrose) as well.

1 hour ago, H-Town Man said:

Couple of problems.

1. Techies hate used books. They think they're silly. They think Steve and Jeff ended the need for books for intelligent people.

2. Used book stores generally cannot afford rent in newly constructed/renovated buildings. They like older shopping centers.

The problem is Half Price Books wants to pay Half Price Rent. Not going to work.

Does anyone know what this will be? I did some digging by looking at recent permits issued at this property, and the owner appears to be Eden Assets (even though per HCAD, the owners since 2016 appears to be the Menil Foundation).

I then looked up Eden Assets and it appears to be related to the folks that run Goodnight Hospitality (Rosie Cannonball, Montrose Cheese & Wine, Goodnight Charlie’s, etc.).

Source: https://www.corporationwiki.com/p/2ivfuc/eden-asset-management-llc