diggity

so let me get this straight...long before selling even 25% of the first tower, they decided to build a second?

everyone knows residential in that area is a sure bet right now

Are you talking about Crew Fitness?... they have all brand new equipment.

No, I'm talking about FIT Athletic Club on W. Gray & Waugh. Crew looks alright but I would think parking might be an issue.

i guarantee they're not giving away any $25 month-to-month plans for the new club. Not anytime soon anyway.

Check your all-access plan carefully....most of them don't include "ultra-sport" or whatever they're calling the new place.

I'm not sure why you would join FIT either when it's $50-60/month for older equipment.

The month to month is never a good deal, unless you have commitment issues with the gym or worried about moving to a new city without a 24 Hour Fitness.

I would say a huge percentage of people who sign up at gyms stop going for long stretches at some point (if not entirely).

That is how gyms can get away with overselling memberships as much as they do.

If you can get the $22 corporate deal with no initiation or contract....I would say go for it.

Does it have racquetball courts?? I'm seriously considering joining this one.

It has one racquetball court. I'm going to go check it out after work and will report back.

for example, morgan's 2222 smith deal. they leased the parking garage land from specs (50 years, i think).

they believe once the lease is up, midtown parking requirements will vanish, and there will not be a need to renegotiate a lease with specs.

how do they plan on leasing apartment units with no parking garage?

Hell, in 50 years 2222 Smith will be class C rental property (or more likely bulldozed).

I was told that another lender will charge more interest to finance a purchase here. Why is that?

with the owner occupancy rate as low as it is in the Kirby Lofts, I would be suprised if another lender would give you a loan at all

They should have kept the residential component... this much retail in a DT with such a small residential population seems to have the potential to go the way of Bayou Place, which is nowhere

you're right...the 200 units they planned on at the beginning will certainly be the difference b/w success and failure for the project as a whole.