Auto Shredders!

[foxmulder]

What the hell is going on with these new autoshredders?! One has recently been built on broadway where it turns to harrisburg! Another is going to be build next to the rhodia plant near manchester.

[jmancuso]

mulder, that is where they will be disposing of the alien bodies...in the trunk of a 1982 dodge aries.

[lockmat]

What the hell is going on with these new autoshredders?! One has recently been built on broadway where it turns to harrisburg! Another is going to be build next to the rhodia plant near manchester.

Are they distracting, ugly? What's the problem?

[Vertigo58]

What the hell is going on with these new autoshredders?! One has recently been built on broadway where it turns to harrisburg! Another is going to be build next to the rhodia plant near manchester.

Can you or anyone explain what an "autoshredders" is? I have never heard of that term is it a nickname for something? Sounds like the machines that smash old cars at a wreck/junk yard? and if thats what it is , why on earth would it be in the middle of a neighborhood?

[foxmulder]

mulder, that is where they will be disposing of the alien bodies...in the trunk of a 1982 dodge aries.

I'll drive by and take a pic, Not to mention jumbo sized trucks with falling debris.

[TJones]

Can you or anyone explain what an "autoshredders" is? I have never heard of that term is it a nickname for something? Sounds like the machines that smash old cars at a wreck/junk yard? and if thats what it is , why on earth would it be in the middle of a neighborhood?

BINGO !

[Vertigo58]

BINGO !

They will get away with it too. If no one in the area "speaks up" its good to go as far as the owner is concerned. Just think of all the flat tires cars approaching the trucks will get from falling debris. Truthfully, that area is considered fair game for everything under the sun. Has been for decades.

[TheNiche]

One has recently been built on broadway where it turns to harrisburg!

A French scrap metal company bought out the roughly 20 acres at the confluence of the Houston Ship Channel and Brays Bayou and tore down a four-level cotton warehouse formerly known as the New Houston Terminal to locate their operations there. They tried really hard to find a way to adaptively reuse the warehouse as office space, and even considered removing every other floor to make enough headroom to be comfortable (as the existing ceilings were only 8' high), but it just couldn't be done within anything even apporoximating reason.

Impacts to the surrounding neighborhoods are reasonably small because they are seperated from residential neighborhoods by railroad tracks, either Broadway, Harrisburg, or Navigation at various points, and Brays Bayou to the south and southwest.

[Guest danax]

A French scrap metal company bought out the roughly 20 acres at the confluence of the Houston Ship Channel and Brays Bayou and tore down a four-level cotton warehouse formerly known as the New Houston Terminal to locate their operations there.

I think it's a sign an area has officially hit bottom when a scrap metal company/autoshredder buy 20 prime acres of land on the water.

[TheNiche]

I think it's a sign an area has officially hit bottom when a scrap metal company/autoshredder buy 20 prime acres of land on the water.

They're aware of the value of the land, but for the time being, they are also aware that they can't really do much with it just yet. The neighborhood needs a bit more transitioning first. In the mean time, it is difficult to argue that an area has hit bottom when a perrenially-vacant warehouse is demolished in order to accomodate new industrial activities.

Think of it from the CFO's perspective. They're buying land (exchanging one asset, cash, for another, PP&E) on which they can conduct revenue-generating operations at present, but that will hold its value in the mean time. The only effective expense to them is any interest that is being paid on a loan (and that comes with a tax deduction) and the opportunity cost of the cash that's tied up in the land (but the land is prime inner-loop waterfront, and will undoubtedly appreciate). Its a pretty sweet deal, and they were smart enough to recognize it.