Boris Posted May 14, 2007 Share Posted May 14, 2007 Moody National Will Build $35M, 200-Unit Tower By Amy Wolff Sorter MoodyHOUSTON-Moody National Cos. is planning a 200-unit residential tower on 1.25 acres that it just bought in the Texas Medical Center. The $35-million Cambridge Tower will break ground in first quarter 2008 and deliver in early 2009. http://www.globest.com/news/905_905/houston/160610-1.htmlNo info provided as to the number of floors. 1 Quote Link to comment Share on other sites More sharing options...
TheNiche Posted May 14, 2007 Share Posted May 14, 2007 Moody National Will Build $35M, 200-Unit Tower By Amy Wolff Sorter MoodyHOUSTON-Moody National Cos. is planning a 200-unit residential tower on 1.25 acres that it just bought in the Texas Medical Center. The $35-million Cambridge Tower will break ground in first quarter 2008 and deliver in early 2009. http://www.globest.com/news/905_905/houston/160610-1.htmlNo info provided as to the number of floors.I'm very surprised to hear about this in the press so soon. Quote Link to comment Share on other sites More sharing options...
house567 Posted May 14, 2007 Share Posted May 14, 2007 Thank you Boris for the info. Boy will my neighbors in Devonshire be surprised. 1 Quote Link to comment Share on other sites More sharing options...
ihop Posted May 26, 2007 Share Posted May 26, 2007 I found more text:Moody National Cos. is planning a 200-unit residential tower on 1.25 acres that it just bought in the Texas Medical Center. The $35 million Cambridge Tower will break ground in first quarter 2008 and deliver in early 2009. The developer picked up the site at the intersection of Woodbury and Cambridge streets in an off-market transaction with a local private seller. Brett Moody, chairman and CEO of the locally based development company, says he'd had his eye on the land to build a residential product targeting a built-in tenant base from the entire spectrum of the medical community, from full-fledged physicians and nurses to residents. The fact the parcel is situated within 100 feet of the Michael E. DeBakey Veterans Affairs Medical Center and Baylor College of Medicine's proposed 2.7 million square feet project is underwriting the project's potential as are the proposed rents. "We've projected rents at around $1.65 per square foot, with an average unit measuring somewhere around 950 square feet," Moody says. "We want to offer a lot of variety from smaller studio units to larger luxury units." He adds that Moody will manage and lease the tower. Cambridge Tower marks one of many projects that Moody is developing. It's also underway with the renovation of the 297-room Residence Inn-Medical Center/Reliant Park at 7710 Main St. Moody says there are more projects in the Texas Medical Center on his drawing boards for this year. "We currently control 32 million square feet of space in the Medical Center, with eight million square feet under development or in the planning stages," he says. "By early 2008, that will be slightly under 40 million square feet we have." 1 Quote Link to comment Share on other sites More sharing options...
Gary Posted May 26, 2007 Share Posted May 26, 2007 I found more text: "We currently control 32 million square feet of space in the Medical Center, with eight million square feet under development or in the planning stages," he says. "By early 2008, that will be slightly under 40 million square feet we have."they currently control 32 Million square feet in the Med Center? I don't think the Med Center has 32 million square feet in it's entirety. In fact I thought it was in the low 20's. Quote Link to comment Share on other sites More sharing options...
TheNiche Posted May 29, 2007 Share Posted May 29, 2007 they currently control 32 Million square feet in the Med Center? I don't think the Med Center has 32 million square feet in it's entirety. In fact I thought it was in the low 20's.Somebody really screwed up on the word "control," but if you were to replace it with a word like "have," then their numbers would match up with mine. The TMC has come a long way. Quote Link to comment Share on other sites More sharing options...
editor Posted May 29, 2007 Share Posted May 29, 2007 Added Cambridge Tower to the list of Proposed Houston Projects at Towrs.com.If anyone can fill in some of the blanks, that would be great. Quote Link to comment Share on other sites More sharing options...
sevfiv Posted July 31, 2007 Share Posted July 31, 2007 This came up in the Parkwood thread (http://www.houstonarchitecture.info/haif/i...?showtopic=7864)and there are some pictures of what was there prior.. 1 Quote Link to comment Share on other sites More sharing options...
lockmat Posted April 21, 2011 Share Posted April 21, 2011 I know this .pdf I am listing is kinda old (3q 2010), but it's a lot more recent than 2007 when this was first announced, leading me to believe there might be some traction. I'd check to see if Transwestern has an updated report but I'm about to leave the office. Just thought I'd put it out there for now.The report says it is a proposed project.http://www.transwestern.net/flyers/houston/Multifamily/The%20Apartment%20Report%20-%20%20Houston%20-%203Q%2010.pdf 1 Quote Link to comment Share on other sites More sharing options...
sevfiv Posted April 21, 2011 Share Posted April 21, 2011 Just to refresh...this is the site on the corner of Cambridge and Woodbury? Where the Katharine Mott designed house once was? This topic is a little rusty.. Quote Link to comment Share on other sites More sharing options...
house567 Posted May 9, 2011 Share Posted May 9, 2011 Last week, some neighbors reported seeing surveyors on the property. I believe Moody National is behind on property tax payments to our dear city. The City has to lay off police and firemen, Brett Moody lives in a multi-million-dollar mansion.PAY YOUR PROPERTY TAXES MOODY NATIONAL! 2 Quote Link to comment Share on other sites More sharing options...
TheNiche Posted May 9, 2011 Share Posted May 9, 2011 Last week, some neighbors reported seeing surveyors on the property. I believe Moody National is behind on property tax payments to our dear city. The City has to lay off police and firemen, Brett Moody lives in a multi-million-dollar mansion.PAY YOUR PROPERTY TAXES MOODY NATIONAL!Nope. They're current. Good for them!http://www.hctax.net/asp/propertytax/current/2010statement.asp?Account=0590060050001 Quote Link to comment Share on other sites More sharing options...
sevfiv Posted May 9, 2011 Share Posted May 9, 2011 Their Canterbury tracts are past due from 2009:MOODY NATIONAL DEVON SHIRE LLC1936 CANTERBURY ST 77030Year 2009 Tax 4,562.24 Pen. & Int. 1,277.42 33.07 Pen. 1,167.94 Total Due $7,007.60http://www.tax.co.harris.tx.us/ASP/propertytax/deltax/DelStatement.asp?Account=0590060090004MOODY NATIONAL DEVON SHIRE LLC1918 CANTERBURY ST 77030Year 2009 Tax 3,472.58 Pen. & Int. 972.31 33.07 Pen. 888.97 Total Due $5,333.86 http://www.tax.co.harris.tx.us/ASP/propertytax/deltax/DelStatement.asp?Account=0590060090008 1 Quote Link to comment Share on other sites More sharing options...
TV2EBoogaloo Posted May 10, 2011 Share Posted May 10, 2011 Last week, some neighbors reported seeing surveyors on the property. I believe Moody National is behind on property tax payments to our dear city. The City has to lay off police and firemen, Brett Moody lives in a multi-million-dollar mansion.PAY YOUR PROPERTY TAXES MOODY NATIONAL!Individuals are generally not liable for taxes owed by corporations 1 Quote Link to comment Share on other sites More sharing options...
house567 Posted May 10, 2011 Share Posted May 10, 2011 Perhaps some individuals should not be leading corporations named after themselves when the corporation appears lacking in its fiscal responsibilities. 1 Quote Link to comment Share on other sites More sharing options...
KinkaidAlum Posted August 24, 2011 Share Posted August 24, 2011 I left for Boston early last week and got back on Sunday night. Sometime during my trip, this lot was cleared. It had become overgrown. Now, it is completely level and all the brush is gone. I am 34 floors up, but it appears there is a new fence and sign on the property as well as some construction equipment (most likely what was used to clear the lot).I wonder if the tower might still rise? It seems like a great location for a rental tower since it is literally just a couple hundred yards away from MD Anderson's sprawling campus. 1 Quote Link to comment Share on other sites More sharing options...
TheNiche Posted August 24, 2011 Share Posted August 24, 2011 (edited) I left for Boston early last week and got back on Sunday night. Sometime during my trip, this lot was cleared. It had become overgrown. Now, it is completely level and all the brush is gone. I am 34 floors up, but it appears there is a new fence and sign on the property as well as some construction equipment (most likely what was used to clear the lot).I wonder if the tower might still rise? It seems like a great location for a rental tower since it is literally just a couple hundred yards away from MD Anderson's sprawling campus.I have no dog in the fight, but I hope that this is a go just so that House567 gets pissed off and rants. I find that his or her cathartic whining has amusement value. Edited August 24, 2011 by TheNiche 2 Quote Link to comment Share on other sites More sharing options...
LTAWACS Posted August 24, 2011 Share Posted August 24, 2011 I left for Boston early last week and got back on Sunday night. Sometime during my trip, this lot was cleared. It had become overgrown. Now, it is completely level and all the brush is gone. I am 34 floors up, but it appears there is a new fence and sign on the property as well as some construction equipment (most likely what was used to clear the lot).I wonder if the tower might still rise? It seems like a great location for a rental tower since it is literally just a couple hundred yards away from MD Anderson's sprawling campus.34 floors up and you havent posted pics of the view??? 1 Quote Link to comment Share on other sites More sharing options...
KinkaidAlum Posted August 29, 2011 Share Posted August 29, 2011 Sadly, the new sign is for "Cambridge Commons." It'll be a gated community full of single family homes by Pelican Builders. 1 Quote Link to comment Share on other sites More sharing options...
sevfiv Posted August 29, 2011 Share Posted August 29, 2011 Par for the course - http://www.pelicanbuilders.com/cambridgecommons.htm 1 Quote Link to comment Share on other sites More sharing options...
sevfiv Posted August 2, 2014 Share Posted August 2, 2014 Almost three years later but I was doing a map check on 1920 Woodbury St. and had forgotten about Cambridge Commons http://goo.gl/maps/7ga3f 1 Quote Link to comment Share on other sites More sharing options...
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