SouthMainMan Posted April 22, 2008 Share Posted April 22, 2008 Just drove by the Residence Inn at the corner of South Braeswood and South Main and noticed that it was partially reduced to a pile of sticks. Anyone have an idea of what is going in here? It seems like a fairly decent size parcel----if it's going to be another apartment complex, do me a favor and don't tell me. 1 Quote Link to comment Share on other sites More sharing options...
TheNiche Posted April 22, 2008 Share Posted April 22, 2008 Just drove by the Residence Inn at the corner of South Braeswood and South Main and noticed that it was partially reduced to a pile of sticks. Anyone have an idea of what is going in here? It seems like a fairly decent size parcel----if it's going to be another apartment complex, do me a favor and don't tell me.Land near that intersection is being marketed for $175 per square foot. At that price, it cannot be apartments. That's not to say that the actual market value will be quite that high, but even then, triple digit land pricing is hard to overcome. Quote Link to comment Share on other sites More sharing options...
ssullivan Posted April 23, 2008 Share Posted April 23, 2008 Huh, hadn't noticed that, and I live right around the corner from there. I believe that was the first Residence Inn in Houston. Quote Link to comment Share on other sites More sharing options...
VicMan Posted April 23, 2008 Share Posted April 23, 2008 I remembered watching Aladdin in a unit there... - I don't remember what I was doing there. Quote Link to comment Share on other sites More sharing options...
rsb320 Posted April 23, 2008 Share Posted April 23, 2008 That was first opened as a Marriott Courtyard. The units were apartment-like. I've noticed some construction between Kroger and S. Braeswood, but I'm not sure what it's going to be. I'm sure it will be some form of retail. Quote Link to comment Share on other sites More sharing options...
SouthMainMan Posted April 23, 2008 Author Share Posted April 23, 2008 That was first opened as a Marriott Courtyard. The units were apartment-like. I've noticed some construction between Kroger and S. Braeswood, but I'm not sure what it's going to be. I'm sure it will be some form of retail.There is a new standard-looking retail strip going in across from Kroger, but no sign of what will be in there. I guess there needs to be some new retail in the area with the new apartments going in where Garden Ridge was.I drive by the Residence Inn on my way to work, so I'll keep an eye out. Quote Link to comment Share on other sites More sharing options...
jfre81 Posted April 24, 2008 Share Posted April 24, 2008 Why not another CVS? That'd make it three on South Main between 610 and Braeswood. Quote Link to comment Share on other sites More sharing options...
VicMan Posted April 24, 2008 Share Posted April 24, 2008 Why not another CVS? That'd make it three on South Main between 610 and Braeswood.Considering there is a CVS at 9838 Buffalo, putting it on the site of the former Residence Inn would be too close. Quote Link to comment Share on other sites More sharing options...
rsb320 Posted April 24, 2008 Share Posted April 24, 2008 Considering there is a CVS at 9838 Buffalo, putting it on the site of the former Residence Inn would be too close.There's one even closer, at Kirby and Main. So that would sort of be just across the street. Quote Link to comment Share on other sites More sharing options...
sevfiv Posted April 24, 2008 Share Posted April 24, 2008 I can't find any information yet on this one. I didn't know that the property was owned by HDK Properties (the name for someone named Harish Katharani's property management stuff). He is apparently a pharmacist by trade:http://www.ssrx.com/news_events_article.php?nid=7 Quote Link to comment Share on other sites More sharing options...
sevfiv Posted April 24, 2008 Share Posted April 24, 2008 hmm - okay. HCAD lists the property address as 7700 Main.Then there are the following permits:03/20/2008OFFICE /PUBLIC CORRIDOR /PUBLIC RESTROOM BUILD-OUT 1-4-2-B-B 100% Owner / Occupant: UNITY CLINIC INC Job Address: 7700 MAIN ST 310 Buyer: HOK ENTERPRISES INC 4/11/2008 DEMO BLDG SEWER DISC (#'S 23,24,25,26,27,28,29,30,31,32,33,&34) Owner / Occupant: RESIDENCE INN BY MARRIOTT Job Address: 7710 MAIN ST Buyer: KMAC DEMOLITION OF HOUSTON 4/22/2008 NEW COMMERICAL POOL FOR HOTEL Owner / Occupant: RESIDENCE INN BY MARRIOTT Job Address: 7710 MAIN ST Buyer: WATTS POOL CO So the office build-out could be for an adjoining building on site that is not being demolished, but what about the pool permit dated two days ago? Quote Link to comment Share on other sites More sharing options...
ricco67 Posted April 24, 2008 Share Posted April 24, 2008 So the office build-out could be for an adjoining building on site that is not being demolished, but what about the pool permit dated two days ago?maybe they want it for the workers while construction is ongoing? Quote Link to comment Share on other sites More sharing options...
HoustonRealtor Posted April 24, 2008 Share Posted April 24, 2008 7700 S. Main St. is the recent office building next door at the corner of Braeswood. The pool at the Residence Inn is at the front center of the complex. I haven't driven by recently, so I'm not sure what was torn down. I'm shocked that they are tearing down 12 buildings. They have 36 or 37 if I remember correctly. (I worked there while in college.) I thought it might be possible that they could be building a new, more modern building on the property - a multi-story building with interior corridors and elevators. The largest rooms in this complex are 2-story units on the second floor. Not really accessible to everyone, particular medical center patients. However, I think that they would need to take down more than just those buildings in order to have room to build. I guess they could build it in phases so as to not eliminate too many rooms from inventory at one time. The occupancy there used to be pretty high because of location and amenities offered. Quote Link to comment Share on other sites More sharing options...
escapee Posted April 26, 2008 Share Posted April 26, 2008 That was first opened as a Marriott Courtyard. The units were apartment-like. I've noticed some construction between Kroger and S. Braeswood, but I'm not sure what it's going to be. I'm sure it will be some form of retail.I worked there..........what........27 years ago when it first opened. It was Residence Inn from the beginning. The concept was really good, small units with tiny kitchens or two story studios with fireplace and full kitchen. The front units were occupied while the ones farther back were being built. The construction people were from up north, mostly young, and pretty wild. Crazy times back then. I actually remember some of them. Quote Link to comment Share on other sites More sharing options...
SouthMainMan Posted September 30, 2008 Author Share Posted September 30, 2008 I worked there..........what........27 years ago when it first opened. It was Residence Inn from the beginning. The concept was really good, small units with tiny kitchens or two story studios with fireplace and full kitchen. The front units were occupied while the ones farther back were being built. The construction people were from up north, mostly young, and pretty wild. Crazy times back then. I actually remember some of them.Looks like Hurricane Ike dropped a tower crane onto the site while we weren't looking. Something is going in, but I'm still not sure what is planned. Quote Link to comment Share on other sites More sharing options...
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