shasta Posted September 29, 2014 Share Posted September 29, 2014 From the movie Marathon Man. Former Nazi repeatedly asks "Is it safe?" while using his dental skills to torture a confused marathon runner. Oh......so that's why that Dentist Gremlin in Gremlins 2 kept saying "Is it safe?" 1 Quote Link to comment Share on other sites More sharing options...
phillip_white Posted September 29, 2014 Share Posted September 29, 2014 Nice! Thanks Urbannizer. This shows the contact as John Stephen Ford, Jr.http://www.houstontx.gov/housing/workshop20120210/response20120316.pdf And it looks like Steve has been quite busy developing.http://www.bizapedia.com/addresses/1500-NORTH-POST-OAK-ROAD-SUITE-190-HOUSTON-TX-77055.html Anybody have the finesse to scrounge up some renderings? Quote Link to comment Share on other sites More sharing options...
houstontexasjack Posted September 29, 2014 Share Posted September 29, 2014 Good news. One day, we will get to talk about the last empty lot in the CBD getting built over. This is another step toward that great day. Quote Link to comment Share on other sites More sharing options...
shasta Posted September 29, 2014 Share Posted September 29, 2014 It is possible that renderings don't even exist. Apartment projects typically don't require fancy renderings. Unless you are doing a condo projects (need pre-sales), an office tower (need tenants) or need something put together to get approval (tax incentive, loan from bank, or court ruling) then it isn't necessary to hire someone to do a nice rendering. For a typical apartment project with financing already secured, just start the project and pre-lease when you are close to occupancy. Quote Link to comment Share on other sites More sharing options...
monarch Posted September 29, 2014 Share Posted September 29, 2014 wonderful! a most welcome addition. Quote Link to comment Share on other sites More sharing options...
lockmat Posted September 29, 2014 Share Posted September 29, 2014 The blog entry mentioned low income a couple of times. Is that what this is??? Quote Link to comment Share on other sites More sharing options...
Texasota Posted September 29, 2014 Share Posted September 29, 2014 keep in mind that "low income" does not necessarily mean section 8. It could just mean below market rate, which, considering what apartments are renting for downtown, could easily be targeting people making $40,000 a year.At least that's how it works in other cities. Quote Link to comment Share on other sites More sharing options...
HoustonIsHome Posted September 29, 2014 Share Posted September 29, 2014 Lower income residential is exactly what downtown and the nearby areas need. Something catering to the $2500 to 3000 a month crowd. 2 Quote Link to comment Share on other sites More sharing options...
UtterlyUrban Posted September 29, 2014 Share Posted September 29, 2014 Lower income residential is exactly what downtown and the nearby areas need. Something catering to the $2500 to 3000 a month crowd.What?You can rent a unit in One Park Place for that, easily. Quote Link to comment Share on other sites More sharing options...
houstontexasjack Posted September 30, 2014 Share Posted September 30, 2014 What?You can rent a unit in One Park Place for that, easily. I think the reference was to the monthly income of a resident, not the monthly rent to be charged. Quote Link to comment Share on other sites More sharing options...
Slick Vik Posted September 30, 2014 Share Posted September 30, 2014 Lower income residential is exactly what downtown and the nearby areas need. Something catering to the $2500 to 3000 a month crowd.For one person 3000 a month is a $55,000 salary roughly that's not bad Quote Link to comment Share on other sites More sharing options...
UtterlyUrban Posted September 30, 2014 Share Posted September 30, 2014 I think the reference was to the monthly income of a resident, not the monthly rent to be charged.I see that now. My mistake .....I apologize. Quote Link to comment Share on other sites More sharing options...
H-Town Man Posted September 30, 2014 Share Posted September 30, 2014 For one person 3000 a month is a $55,000 salary roughly that's not bad Not bad for one person. Small family, different story... Quote Link to comment Share on other sites More sharing options...
toxtethogrady Posted September 30, 2014 Share Posted September 30, 2014 Lower income residential is exactly what downtown and the nearby areas need. Something catering to the $2500 to 3000 a month crowd.You guys are a bit rich for my blood. High end in downtown Fort Worth can be had for $1800 a month. Quote Link to comment Share on other sites More sharing options...
Texasota Posted September 30, 2014 Share Posted September 30, 2014 yeah im also hoping he meant 1800-3000 a month income not rent. Quote Link to comment Share on other sites More sharing options...
Moore713 Posted September 30, 2014 Share Posted September 30, 2014 That is what I have been saying for years if you want to see downtown population exploded start targeting the 40,000 To 50,000 a year crowd..the RN (instead of just doctors) ..the police, fire ,paramedics, etc... Stop trying to be New York with The 2,000 one bedroom. 1 Quote Link to comment Share on other sites More sharing options...
H-Town Man Posted September 30, 2014 Share Posted September 30, 2014 That is what I have been saying for years if you want to see downtown population exploded start targeting the 40,000 To 50,000 a year crowd..the RN (instead of just doctors) ..the police, fire ,paramedics, etc... Stop trying to be New York with The 2,000 one bedroom. Pretty hard to do with new construction, because rents have to justify the cost of building and land acquisition. But once some of the new luxury buildings have aged 15-20 years, they will be more affordable. Quote Link to comment Share on other sites More sharing options...
Slick Vik Posted September 30, 2014 Share Posted September 30, 2014 That is what I have been saying for years if you want to see downtown population exploded start targeting the 40,000 To 50,000 a year crowd..the RN (instead of just doctors) ..the police, fire ,paramedics, etc... Stop trying to be New York with The 2,000 one bedroom.It's not just that but some people just don't want to spend a lot on rent regardless of salary. Quote Link to comment Share on other sites More sharing options...
allynwest Posted September 30, 2014 Share Posted September 30, 2014 Does anyone have any insight/info about whether the developers know about plans to raze the Pierce Elevated? Seems odd to squeeze a midrise building into such an armpit --- and a noisy one at that. But if the Pierce Elevated becomes a boulevard, as I've heard, then that changes things for this site. Quote Link to comment Share on other sites More sharing options...
houstontexasjack Posted September 30, 2014 Share Posted September 30, 2014 Does anyone have any insight/info about whether the developers know about plans to raze the Pierce Elevated? Seems odd to squeeze a midrise building into such an armpit --- and a noisy one at that. But if the Pierce Elevated becomes a boulevard, as I've heard, then that changes things for this site.Only one of the proposed routings of I-45 has the Pierce getting razed. A handout of the most recent public meeting is below: http://www.ih45northandmore.com/docs3/1.%20ENGLISH%20Handout%20-%20Pages%201%20-%206%20%20NHHIP%203rd%20Public%20Meeting%2011-11-13.pdf I am not really familiar with the goals associated with highway alignment. However, the exhibit below (see the last page) indicates that realignment of 45 along 59 and I-10 has "signature project potential," whatever that means. It looks as though the engineering would be easiest for keeping the Pierce but converting it to a one way highway. http://www.ih45northandmore.com/docs3/5.%20English%20Exhibits.pdf Quote Link to comment Share on other sites More sharing options...
Subdude Posted September 30, 2014 Share Posted September 30, 2014 Does anyone have any insight/info about whether the developers know about plans to raze the Pierce Elevated? Seems odd to squeeze a midrise building into such an armpit --- and a noisy one at that. But if the Pierce Elevated becomes a boulevard, as I've heard, then that changes things for this site. I'm not sure that Pierce Elevated planning has advanced much beyond the hearing stage. It's a good point that making it a boulevard (as I would dearly love) would change things for this site, but I don't really expect that outcome. It seems that noise would be a major problem here. Quote Link to comment Share on other sites More sharing options...
HoustonIsHome Posted October 1, 2014 Share Posted October 1, 2014 yeah im also hoping he meant 1800-3000 a month income not rent.Yes, monthly family income Quote Link to comment Share on other sites More sharing options...
HoustonIsHome Posted October 1, 2014 Share Posted October 1, 2014 You guys are a bit rich for my blood. High end in downtown Fort Worth can be had for $1800 a month.A family making 2500 a month would spend about $700 on rent. Not 1800 Quote Link to comment Share on other sites More sharing options...
Texasota Posted October 1, 2014 Share Posted October 1, 2014 eh, assuming thats $2500 after tax then its actually more likely to be more like $850 a month on rent. And actually people are spending more on rent proportionally than they used to; in a lot of cities its creeping up to 50%. Not that that's a particularly good idea of course. Quote Link to comment Share on other sites More sharing options...
H-Town Man Posted October 1, 2014 Share Posted October 1, 2014 If said family wants their kids in good schools, it might be hard to find a decent apartment for $700. Quote Link to comment Share on other sites More sharing options...
squaredeal Posted October 1, 2014 Share Posted October 1, 2014 Nice! Thanks Urbannizer. This shows the contact as John Stephen Ford, Jr.http://www.houstontx.gov/housing/workshop20120210/response20120316.pdf And it looks like Steve has been quite busy developing.http://www.bizapedia.com/addresses/1500-NORTH-POST-OAK-ROAD-SUITE-190-HOUSTON-TX-77055.html Anybody have the finesse to scrounge up some renderings? Note, the Housing & Community Development report shows a date of Feb 2012. Hamilton Apts applied for competitive low income tax credits in 2012 and again in 2013, failing to secure such tax credits in either year. An application was not submitted in 2014. Accordingly, it does not appear to be financed with low income tax credits. 1 Quote Link to comment Share on other sites More sharing options...
Howard Huge Posted October 1, 2014 Share Posted October 1, 2014 I'm not sure that Pierce Elevated planning has advanced much beyond the hearing stage. It's a good point that making it a boulevard (as I would dearly love) would change things for this site, but I don't really expect that outcome. It seems that noise would be a major problem here.Haif poster badfish said he knows the developers and that they are soundproofing the above freeway units, so it won't be an issue.Kind of like lofts at the ballpark, with 69 right in front of your windows. Quote Link to comment Share on other sites More sharing options...
Howard Huge Posted October 1, 2014 Share Posted October 1, 2014 Also for what its worth, the "second fenced off lot" of this development has had a fence around it for as long as I can remember, just look at the fence close up if you need proof.They are just using it for a lay down yard I assume. Quote Link to comment Share on other sites More sharing options...
Triton Posted October 1, 2014 Share Posted October 1, 2014 Also for what its worth, the "second fenced off lot" of this development has had a fence around it for as long as I can remember, just look at the fence close up if you need proof.They are just using it for a lay down yard I assume. The fence has been there for a while (why put up a new fence if one already exists?); however, there certainly is activity on the other lot as well. I honestly believe they are just using it as a staging area because when I drive through there, the construction workers are leaving their cars to go to the other property. By the way, is this thread spelt incorrectly? "Hamliton"? Quote Link to comment Share on other sites More sharing options...
Chi-Char-Hou-Dal Posted October 1, 2014 Share Posted October 1, 2014 What are these large concrete posts they are tearing out? Quote Link to comment Share on other sites More sharing options...
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