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DotCom

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    New Hope Housing Berry: Multifamily At 8855 McGallion Rd.

    in Near Northside

    Posted · Edited by DotCom

    https://rebusinessonline.com/amegy-bank-provides-25m-construction-loan-for-houston-affordable-housing-project/?oly_enc_id=4468C5075734G3Y

    Amegy Bank Provides $25M Construction Loan for Houston Affordable Housing Project

    August 31, 2023

    HOUSTON — Regional lender Amegy Bank has provided a $25 million construction loan for NHH Berry, a 180-unit affordable housing project that will be located in Houston’s Third Ward. The property will offer one-, two- and three-bedroom units that will be reserved for low- to moderate-income residents and amenities such as a community kitchen, lounge, library and meeting/social service offices. The building will also house a preschool that residents’ children can attend free of charge. The borrower is New Hope Housing. Construction is scheduled to begin in October and to be complete in summer 2025.

    • Like 1

    MetroPark Square: Mixed-Use Development In Shenandoah

    in Going Up!

    Posted

    They may be finally starting on the apartments.  They have cleared the site again (it was starting to get grown over).  https://goo.gl/maps/c67WeXVmvYpkDBRc7

    "Now tentatively named the Shenandoah Plaza...The Sam Moon Group has also broken ground on a new apartment complex adjacent to the center, which is expected to be completed in 2024"

    https://www.houstonchronicle.com/neighborhood/woodlands/article/new-multifamily-developments-woodlands-area-18287943.php

    Gossamer Hotel At 702 Hyde Park Blvd.

    in Going Up!

    Posted

    There was previous mention of Mighty Equities owning this property.  

     

    https://www.bizjournals.com/houston/news/2023/07/31/montrose-hyde-park-hotel.html

    Houston’s bustling Montrose area might soon be home to a new 52-key boutique hotel.

    Austin-based Mighty Equities is working with city planning officials to secure four variances that would allow it to build Hyde Park Hotel at 702 Hyde Park Blvd. The seven-story hotel would sit on a half-acre lot at the corner of Hyde Park Boulevard and Stanford Street.

    According to plans submitted to the Houston Planning and Development Commission, Hyde Park Hotel would feature 25,000 square feet of food, beverage and entertainment amenities in addition to a pool. The hotel would have two driveways, one opening onto Stanford Street for deliveries and another opening onto Hyde Park Boulevard that would lead to a 54-car parking garage. An additional 25 offsite parking spaces will be available to the west of the hotel on a nearby site on Crocker street.

    The company is seeking approval to open onto two residential streets — Hyde Park and Stanford — rather than a major thoroughfare and to have a 5-foot building line setback along the east side of the property.

    The additional five feet would be used to provide additional pedestrian walkways, according to the planning commission filing.

    The company is also seeking permission to develop the hotel in an area where over 50% of the parcels surrounding the hotel are residential in use.

    During a July 27 meeting on the Houston Planning and Development Commission, a decision whether to approve the requested variances was deferred for two weeks, until the commission’s Aug. 10 meeting.

    However, several area residents expressed concern that the hotel would alter the feel of the neighborhood, which is currently home to a number of LGBTQ-friendly bars and restaurants.

    Hyde Park Hotel would be within one block of Barnaby’s Café, Buddy’s, Crocker Bar, Eagle Houston, George and Lola’s Depot

    The property where the proposed hotel is currently vacant.

    Patricia Joiner, a consultant working with the developers behind Hyde Park Hotel, told the commission that Mighty Equities plans to work with members of the local community to refine plans for the hotel to ensure it complements the neighborhood.

    Joiner said developers hope to open the hotel within the next two years.

    Jones and Mighty Equities were not immediately available to provide additional comment or proposed renderings

    The Montrose area currently has few hotels located within its borders.

    In 2021, the remodeled and expanded La Colombe d’Or Hotel & Residences opened at 3411 Yoakum Blvd. in Montrose.

    La Colombe d’Or offers a blend of bed-and-breakfast-style lodging options in the historic mansion itself, bungalow-style suites and a more traditional experience in Hines’ recently completed $140 million Residences at La Colombe d’Or tower, which topped out in 2019.

    The 34-story residential tower also has 265 apartment units for rent.

    Earlier this year, Austin-based Bunkhouse announced plans to break ground on its first Houston hotel, which will also be in Montrose.

    Hotel Saint Augustine was designed as a 71-key, two-story hotel, offering guests access to an event space, a restaurant and a bar.

    Hotel Saint Augustine will be located on the 4100 block of Loretto Drive, which is a two-block road between West Main Street and Richmond Avenue in Montrose adjacent to The Menil Collection campus. Loretto Drive runs through the southern portion of several properties owned by The Menil Foundation Inc. and Menil Properties, according to Harris Central Appraisal District records.

    The Marchbanks Co., based in Austin, is developing the hotel for Bunkhouse. The company has worked on other Bunkhouse projects, such as Hotel Saint Cecilia and Hotel Magdalena in Austin as well as Hotel Havana in San Antonio.

    • Like 1

    The Langley: Residential High-Rise At 1717 Bissonnet St.

    in Going Up!

    Posted

    https://www.bizjournals.com/houston/news/2023/06/06/the-langley-neighbors-lawsuit.html

    Neighbors of The Langley high-rise continue its long-running saga with new lawsuit
    Jun 6, 2023, 3:02pm CDT

    The long-running saga of the so-called Ashby high-rise — which is now known as The Langley — continues with a new lawsuit, marking the latest twist in the battle.

    The lawsuit, filed by neighbors of the proposed 20-story apartment tower in district court on June 2, asked a judge to determine the legitimacy of the project, Pete Patterson, the attorney representing the plaintiffs, said in an interview.

    If a judge sides with the plaintiffs, Dallas-based StreetLights Residential, the developer behind the project, would have to go back to the drawing board, revising site plans once again.

    “We're not asking for money,” said Patterson, whose practice focuses on business litigation. “We're asking the court up or down whether this development should be happening or not.”

    The neighbors’ opposition centers on the outcome of a lawsuit filed in opposition of an earlier plan to build an apartment tower at 1717 Bissonnet St. Under a restrictive covenant approved by U.S. District Judge Lee Rosenthal in 2012, any apartment tower built on the site had to adhere to nine limitations before the project could move forward. An appeals court eventually sided with the developers in 2016, overturning another part of the original decision related to monetary damages.

    Patterson said his clients believe StreetLights Residential’s revamped design does not strictly comply with the restrictive covenant. The clients’ primary concern is a pedestrian plaza that the neighbors claim is “substantively modified” from the previous plan, as well as alleged encroachments on a city right of way, he said.

    Patterson said according to his experts’ opinions, there are about 8 feet encroaching in the city’s right of way on the north boundary line, or the Bissonnet Street side. In order to comply, the developers would have to push the site plan south, but then the site would be within 5 feet of the property of a plaintiff who lives on Wroxton Court.

    The site is not allowed to be closer than 11 feet of the plaintiffs' property lines — which his clients feel is still too small. Patterson said the site plan, as is, is too big and does not fit on the property.

    Under the current city codes, new high-rise structures that are 75 feet or taller need to have a buffer of 30 to 40 feet from single-family home lots that are greater than 3,500 square feet or that are adjacent to or taking access from either a collector street or local street.

    However, the Langley site could be grandfathered in to take advantage of the old setback ordinance under the project’s original developers, Houston-based Buckhead Investments. According to the lawsuit, if StreetLights Residential does not comply with the restrictive covenant, then it will need to comply with the 30-foot setback from the plaintiffs’ north property line on the south and east property line.

    Other concerns the lawsuit cites about the plaza include a raised terrace “separated with railings and a retaining wall that separates the terrace from the street sidewalk and the relocated driveway.” The current plan places the driveway in the middle of the development on Bissonnet bisecting the pedestrian plaza. The separation creates inconsistent elevation that doesn’t comply with the covenant, the lawsuit claims.

    Patterson notes his clients are also concerned about the debris, dirt, gasoline and construction trucks during the construction phase as well as traffic once the development is completed.

    Case Kilgore, StreetLights Residential’s president of development, said in a previous interview that his company believes its revised plan for The Langley does comply with the restrictive covenant, as evidenced by the project gaining city approval in April.

    In a new statement emailed to the Houston Business Journal, StreetLights Residential said it is disappointed but not surprised by the lawsuit.

    “The owner, developer, and their contractor have worked with the city of Houston and the neighboring homeowners’ associations, as well as the homeowners, for many months to listen and respond to their concerns,” the statement said. “We are trying to make the construction process as unobtrusive as possible and know that when we’re done there will be a beautiful building. We will continue to make these efforts, despite the lawsuit.”

    As currently designed, The Langley would offer 134 two- and three-bedroom apartments, ranging in size from 2,600 to 3,300 square feet. The goal is to provide a property that caters to empty-nesters looking to downsize their living accommodations, Kilgore said.

    The design of the building's exterior is inspired by the local architecture and Rice University’s campus, Kilgore said.

    StreetLights Residential has partnered with property owner El Paso, Texas-based Hunt Companies Inc. on the property and will serve as both general contractor and primary architect on the project. Kilgore said Houston-based EDI International also assisted in designing the building.

    The lawsuit notes that “the city has granted a site permit for wherein SLR may begin site preparation for the development of the tower.” The city is not currently commenting on this issue, a spokesperson with Houston Public Works said.

    Dirt is now moving on the property, and the developers aim to bring The Langley to fruition by 2025.

    Sofia Gonzalez
    Reporter - Houston Business Journal

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