jt16 Posted June 16, 2005 Share Posted June 16, 2005 Has anybody ever heard of this? Apparently it's a conversion of an abandon building in Greenway Plaza to residential. 1 Quote Link to comment Share on other sites More sharing options...
kjb434 Posted June 16, 2005 Share Posted June 16, 2005 no?Where in Greenway plaza? 1 Quote Link to comment Share on other sites More sharing options...
Subdude Posted June 16, 2005 Share Posted June 16, 2005 Courtesy of Ms Sarnoff at the Chronicle:A local developer has purchased a vacant 10-story office building in Greenway Plaza and is turning it into luxury apartments.The project, Metropole, will have nearly 300 units when completed near the end of 2006. Cambridge Development Group is building it.The office at 3616 Richmond is being renovated into 150 apartments. A four-story struc-ture will be built on adjacent land with 139 units.Link Quote Link to comment Share on other sites More sharing options...
RedScare Posted June 16, 2005 Share Posted June 16, 2005 Shouldn't it be spelled "Metropol"? Metropole sounds like a topless bar, or worse, something that metrosexuals do. Quote Link to comment Share on other sites More sharing options...
jt16 Posted June 16, 2005 Author Share Posted June 16, 2005 Which building is this? I can't think of any vacant 10 story buildings in Greenway. 1 Quote Link to comment Share on other sites More sharing options...
kjb434 Posted June 16, 2005 Share Posted June 16, 2005 Cool, thanks for the info. 1 Quote Link to comment Share on other sites More sharing options...
houstonsemipro Posted June 16, 2005 Share Posted June 16, 2005 This looks cool. Something different. Check out the new "Metropole" This is the building that will be rennovated 1 Quote Link to comment Share on other sites More sharing options...
UrbaNerd Posted June 16, 2005 Share Posted June 16, 2005 Wow..looks pretty cool, and quite "metro", indeed! 1 Quote Link to comment Share on other sites More sharing options...
kjb434 Posted June 16, 2005 Share Posted June 16, 2005 Nice find.So, I guess this project is a go?Timeframe? 1 Quote Link to comment Share on other sites More sharing options...
2112 Posted June 16, 2005 Share Posted June 16, 2005 Nice find.So, I guess this project is a go? Timeframe? <{POST_SNAPBACK}> Remember: Shamrock was a"go", also. HAHAHAAHA. wadoo-u-think of THAT? . . . . . . . . . . . . Quote Link to comment Share on other sites More sharing options...
jt16 Posted June 16, 2005 Author Share Posted June 16, 2005 http://www.globest.com/news/307_307/houston/135288-1.htmlIt sounds as if this project begins shortly. Quote Link to comment Share on other sites More sharing options...
kjb434 Posted June 16, 2005 Share Posted June 16, 2005 It indeed it does. They alread own the property and the work will begin shortly. Financing already seems to be in place too. Quote Link to comment Share on other sites More sharing options...
houston-development Posted June 16, 2005 Share Posted June 16, 2005 It indeed it does. They alread own the property and the work will begin shortly. Financing already seems to be in place too.<{POST_SNAPBACK}>financing is done. they would have not been able to close the deal without it. so yes, they will begin construction sometime soon. 2 months max. 1 Quote Link to comment Share on other sites More sharing options...
brijonmang Posted June 16, 2005 Share Posted June 16, 2005 nice...definitely an improvement over the existing building 1 Quote Link to comment Share on other sites More sharing options...
citykid09 Posted June 16, 2005 Share Posted June 16, 2005 REAL ESTATE New apartments to fill vacant space A local developer has purchased a vacant 10-story office building in Greenway Plaza and is turning it into luxury apartments. The project, Metropole, will have nearly 300 units when completed near the end of 2006. Cambridge Development Group is building it. The office at 3616 Richmond is being renovated into 150 apartments. A four-story struc- ture will be built on adjacent land with 139 units. Rental rates have not been disclosed. Humphreys & Partners Architects is designing the project. Live Oak Capital arranged the financing. This is the building that will be rennovated... from H-town on SSC 1 Quote Link to comment Share on other sites More sharing options...
Subdude Posted June 16, 2005 Share Posted June 16, 2005 Duplicate. See existing topic. Quote Link to comment Share on other sites More sharing options...
LTAWACS Posted June 16, 2005 Share Posted June 16, 2005 nice 1 Quote Link to comment Share on other sites More sharing options...
houston-development Posted June 17, 2005 Share Posted June 17, 2005 There were some ho-hum office buildings adjacent to it (on the northeast corner of Edloe and Richmond) that were torn down not too long ago. I guess that's where the lowrises pictured above will go.<{POST_SNAPBACK}>actually, that's morgan's deal.Chron articleMorgan Group is tearing down a small office building at the corner of Edloe and Richmond to develop a high-end apartment complex.When completed in 2006, the project will have 295 units with rents averaging $1.40 per square foot, about $1,400 a month for a 1,000-foot unit. Quote Link to comment Share on other sites More sharing options...
Kirzania Posted June 30, 2005 Share Posted June 30, 2005 Looks like it's ready to go.Realty News ReportFind the address down on the page - it's under "June 20, 2005." From the page: "The developer is Cambridge Development. KeyBank Real Estate Capital is financing the bulilding. Financing was arranged by John Fenoglio and Kelvin Wascom of Live Oak Capital. "New Cambridge Development, 10101 Harwin Drive - Houston, TX ^- Anyone know if this is them? I can't find a webpage, only Yellowpages listing. 1 Quote Link to comment Share on other sites More sharing options...
pineda Posted June 30, 2005 Share Posted June 30, 2005 Another great website, thanks again Kirzania! I was wondering where Ralph was going to land and this looks promising. 1 Quote Link to comment Share on other sites More sharing options...
houston-development Posted June 30, 2005 Share Posted June 30, 2005 New Cambridge Development, 10101 Harwin Drive - Houston, TX ^- Anyone know if this is them? I can't find a webpage, only Yellowpages listing. <{POST_SNAPBACK}> sorry, that's not them.. try over in the galleria area 1 Quote Link to comment Share on other sites More sharing options...
The Great Hizzy! Posted June 30, 2005 Share Posted June 30, 2005 Hey, check out Ralph! Good to see him burning the midnight oil. I now have another source to use to get a jump on what's up around town. 1 Quote Link to comment Share on other sites More sharing options...
Kirzania Posted June 30, 2005 Share Posted June 30, 2005 Hey, check out Ralph! Good to see him burning the midnight oil. I now have another source to use to get a jump on what's up around town. Who's Ralph? Edit: Aside from the RNR Editor? 1 Quote Link to comment Share on other sites More sharing options...
bachanon Posted June 30, 2005 Share Posted June 30, 2005 great resource. i had to pull myself away from it. thanks, kirzania 1 Quote Link to comment Share on other sites More sharing options...
pineda Posted June 30, 2005 Share Posted June 30, 2005 As seen under "Houston Deals" of Ralph Bivins new blog:HOUSTON -- The Houston Association of Realtorshas compiled a vast database tracking the industrial real estate market in the Greater Houston area. More than 6,400 industrial properties ranging from small warehouses to large manufacturing buildings with powerful overhead cranes are in the association's detailed catalog. The database is compiled by researchers in HAR's Commercial Gateway division , www.commgate.com, and it is updated every 90 days. The survey provides many details about each industrial building,such as the date it was built, how much space is available and how to contact the leasing agent. The HAR recently partnered with the Houston Business Journal to publish an Industrial Leasing Guide. 1 Quote Link to comment Share on other sites More sharing options...
Kirzania Posted June 30, 2005 Share Posted June 30, 2005 As seen under "Houston Deals" of Ralph Bivins new blog: I see. I drove past the building on my way to lunch. They're already gutting the place and look like they've been doing so for awhile now. I wish I had my new phone, or I would've taken pictures. Quote Link to comment Share on other sites More sharing options...
YakuzaIce Posted July 15, 2005 Share Posted July 15, 2005 So any new news? Kirzania said that they have begun gutting it. Have they begun anything else? Anyone work in the general area? Will the four story part be new construction? Will the two buildings be connected? It seems the floor to ceiling heights are very different. Quote Link to comment Share on other sites More sharing options...
Kirzania Posted July 15, 2005 Share Posted July 15, 2005 Still being gutted. (Sorry, still no pics. ) The four story building is most likely to be new construction, since there's nothing else really around the place. There is/was a parking lot? on the west side of the building... Maybe that's where it's going to be? That or it'll be a parking garage for the place. Every morning I drive by, it seems they're tearing more and more out. They knocked out the east side's (can't see in the rendering) glass and you can see inside to the elevator shaft. They're knocking down a whole bunch of walls on the bottom levels - probably in an attempt to be more open. I wish I knew the orientation of that rendering. And I wish it would stop raining so I could get some decent pictures. Quote Link to comment Share on other sites More sharing options...
YakuzaIce Posted July 15, 2005 Share Posted July 15, 2005 Still being gutted. (Sorry, still no pics. ) The four story building is most likely to be new construction, since there's nothing else really around the place. There is/was a parking lot? on the west side of the building... Maybe that's where it's going to be? That or it'll be a parking garage for the place.Every morning I drive by, it seems they're tearing more and more out. They knocked out the east side's (can't see in the rendering) glass and you can see inside to the elevator shaft. They're knocking down a whole bunch of walls on the bottom levels - probably in an attempt to be more open. I wish I knew the orientation of that rendering. And I wish it would stop raining so I could get some decent pictures. <{POST_SNAPBACK}> Thanks for the update. Maybe the parking garage will be underground and they are using the new construction as an entrance. I don't think the entire new building would be the parking garage, but maybe the bottom floor and an underground floor? Quote Link to comment Share on other sites More sharing options...
kjb434 Posted July 15, 2005 Share Posted July 15, 2005 The parking garage will probably added in the back where there is already more parking anyway. Quote Link to comment Share on other sites More sharing options...
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