IntheKnowHouston Posted April 21, 2023 Share Posted April 21, 2023 Five lots in Montrose: 419 W Gray St (0.15 acre) 505 W Gray St (0.15 acre) 507 W Gray St (0.15 acre) 511 W Gray St (0.15 acre) 515 W Gray St (0.15 acre) The lots are situated between Midtown Bar & Grill at 415 W Gray St and 517 W Gray St. Parcel map with parcel addresses included Quote Link to comment Share on other sites More sharing options...
IntheKnowHouston Posted April 21, 2023 Author Share Posted April 21, 2023 January 2022 Google Earth image of 419-515 W Gray St Quote Link to comment Share on other sites More sharing options...
IntheKnowHouston Posted April 21, 2023 Author Share Posted April 21, 2023 (edited) April 2022 Street View of 419-515 W Gray St 419 W Gray St 505 W Gray St 507 W Gray St 511 W Gray St 515 W Gray St Edited April 21, 2023 by IntheKnowHouston Quote Link to comment Share on other sites More sharing options...
IntheKnowHouston Posted April 21, 2023 Author Share Posted April 21, 2023 419-515 W Gray is for sale. I think it's been on the market for a while. On Loopnet, August 2022 is the date the listing was created on the site. The properties include: 419 W Gray St 505 W Gray St 507 W Gray St 511 W Gray St 515 W Gray St Below are details from the listing: The sale includes 5 parcels for a total of 32,875 SF with 250' of frontage on W. Gray Street. Priced at $151/SF. Total Land Area: 0.95 AC 32,875 SF Lot 8,379 SF Bldgs Four 4-Plexes/Potential Covered Land Play Opportunity https://www.davis-commercial.com/property/419-515-w-gray-st https://drive.google.com/file/d/1KwDnwwlW4y2eZH3f5vvBII1KmvB7ya_O/view https://www.loopnet.com/Listing/419-515-W-Gray-St/26392774/ https://images1.loopnet.com/d2/MRTq7PJ80Nxzhz5mOzBIrPpU2ZNBaezsbosdhCCazcI/Marketing BrochureFlyer.pdf https://www.loopnet.com/viewer/pdf?file=https://images1.loopnet.com/d2/MRTq7PJ80Nxzhz5mOzBIrPpU2ZNBaezsbosdhCCazcI/Marketing BrochureFlyer.pdf https://www.crexi.com/properties/881498/texas-419-511-w-gary-st Quote Link to comment Share on other sites More sharing options...
IntheKnowHouston Posted April 21, 2023 Author Share Posted April 21, 2023 Below are photos of 419-515 W Gray St from the sales listing. 1 Quote Link to comment Share on other sites More sharing options...
Amlaham Posted April 21, 2023 Share Posted April 21, 2023 Please please don't replace with parking or a strip center 2 Quote Link to comment Share on other sites More sharing options...
bookey23 Posted April 21, 2023 Share Posted April 21, 2023 If I had the money, I'd buy this stretch, combine it with the open lot by Stanford, and turn it all into one big stretch of new bars and restaurants (ala the Harlow District or Autry Park without the multifamily). You could turn this stretch into a neighborhood of its own with the right construction along those lots. But I have nowhere near the money for that, so here we are. 2 Quote Link to comment Share on other sites More sharing options...
nate4l1f3 Posted April 22, 2023 Share Posted April 22, 2023 Strip center coming soon, watch. Quote Link to comment Share on other sites More sharing options...
MrFubbles Posted April 24, 2023 Share Posted April 24, 2023 They should hollow out the ground floors of each house, connect them all with covered patios or extend the structure, and then turn all the backyards into parking. Then keep the second floors as residential. Maybe even turn the front yards into outdoor seating 4 Quote Link to comment Share on other sites More sharing options...
hindesky Posted January 17 Share Posted January 17 (edited) "A tract of land along West Gray Street in Montrose featuring several residential buildings has been sold with plans for commercial redevelopment. https://wolfgramm.com https://communityimpact.com/houston/heights-river-oaks-montrose/development/2024/01/16/west-gray-street-tract-sells-will-be-redeveloped-for-commercial-use/ Edited January 18 by editor Edited for copyright reasons. Do not copy and paste. Summarize and link. 2 Quote Link to comment Share on other sites More sharing options...
j_cuevas713 Posted January 17 Share Posted January 17 (edited) Great another ass shopping center with parking in the front. I knew by the name alone this wasn't going to be good. I hope I'm wrong. Edited January 17 by j_cuevas713 Quote Link to comment Share on other sites More sharing options...
hindesky Posted January 17 Share Posted January 17 14 minutes ago, j_cuevas713 said: Great another ass shopping center with parking in the front. I knew by the name alone this wasn't going to be good. I hope I'm wrong. They seem to specialize in hotels. Look at the portfolio. https://wolfgramm.com 1 Quote Link to comment Share on other sites More sharing options...
j_cuevas713 Posted January 17 Share Posted January 17 39 minutes ago, hindesky said: They seem to specialize in hotels. Look at the portfolio. https://wolfgramm.com My bad I totally misread the article when I skimmed through it quickly and saw The Shops at West Gray. Ok now I'm excited . Quote Link to comment Share on other sites More sharing options...
bookey23 Posted January 17 Share Posted January 17 I definitely hope they're planning a luxury hotel, but their portfolio seems to contain a lot of Fairfield Inns and the like. 2 Quote Link to comment Share on other sites More sharing options...
hindesky Posted January 17 Share Posted January 17 There is one boutique hotel going up by the Menil the Hotel Saint Augustine, a proposed boutique hotel off of Fairview St. Hyde Park hotel and a rumored hotel to be operated by Bunkhouse at 3815 Montrose Blvd. Then there is the high dollar fancy hotel, La Colombe d'Or. Montrose really could use an affordable hotel. Quote Link to comment Share on other sites More sharing options...
hindesky Posted January 17 Share Posted January 17 1 empty lot and 4 buildings which all looked like fourplex apartments. 2 Quote Link to comment Share on other sites More sharing options...
IntheKnowHouston Posted January 17 Author Share Posted January 17 Thanks for the update @hindesky, but there is already an existing topic for these parcels: https://www.houstonarchitecture.com/haif/topic/50573-419-515-w-gray-st/ @Urbannizer @Triton please merge this topic with the ongoing topic linked above. It's the same properties. Also, @editor has made it clear, he doesn't want entire articles or large portions of articles copied and pasted to the forum. Quote Link to comment Share on other sites More sharing options...
hindesky Posted January 18 Share Posted January 18 https://www.chron.com/news/houston-texas/article/montrose-redevelopment-land-18612572.php "A 32,875-square-foot lot in Montrose with multiple 1930s residential buildings has been sold for commercial redevelopment, according to a news release. The land includes four residential buildings, 419-515 W. Gray St., across from Barnaby's Cafe. The tract of land, which was sold by 505 WGS LLC to Lone Star West Gray LLC, is located between Midtown Bar & Grill and Skin Renaissance Laser Center. According to Davis Commercial, who represented the seller in the transaction, Lone Star West Gray LLC has plans for commercial redevelopment of the area. No specific information regarding the redevelopment and its timeline was given." 3 Quote Link to comment Share on other sites More sharing options...
hindesky Posted January 20 Share Posted January 20 http://pdf.secdatabase.com/1116/0002003522-23-000002.pdf 3 Quote Link to comment Share on other sites More sharing options...
cagriffin Posted January 23 Share Posted January 23 I lived in 505 W. Gray back in 2007 and it was in poor shape. Interiors were stripped of all individuality during landlord special remodels and maintenance was nearly non-existent. So many bugs, mice, and leaks, and insane summer electric bills. At some point since 2007 the back parking was paved - back in the day we had cars regularly get stuck in potholes and dragged out by questionably sober truck bros from the bars in the area. Honestly surprised these buildings lasted as long as they did. I'd really hoped someone would clean them up or redevelop them together, but given the location a tear down was inevitable. 2 Quote Link to comment Share on other sites More sharing options...
hindesky Posted January 30 Share Posted January 30 Proposed plat for West Gray Madison. 4 Quote Link to comment Share on other sites More sharing options...
Popular Post hindesky Posted March 13 Popular Post Share Posted March 13 The Madison Construction on the Madison is expected to start by the end of 2024 and possibly take two years. Plans call for two- and three-bedroom condos of 2,000 to 3,200 square feet. When sales begin in summer, prices are expected to range from about $1.5 million to $2.4 million. https://www.houstonchronicle.com/business/real-estate/article/montrose-condominium-community-west-gray-retail-18893531.php 14 Quote Link to comment Share on other sites More sharing options...
hindesky Posted March 13 Share Posted March 13 Their website doesn't work. 1 Quote Link to comment Share on other sites More sharing options...
DotCom Posted March 21 Share Posted March 21 Architect is Diamond Development. https://diamonddevelopmentgroup.com/ It seems like they designed EVERY Tannos project. 3 Quote Link to comment Share on other sites More sharing options...
Popular Post ChannelTwoNews Posted March 27 Popular Post Share Posted March 27 Wolfgramm, Tannos developing condos in East Montrose - Houston Business Journal (bizjournals.com) 12 Quote Link to comment Share on other sites More sharing options...
MidCenturyMoldy Posted April 1 Share Posted April 1 (edited) On 3/13/2024 at 7:13 AM, hindesky said: When sales begin in summer, prices are expected to range from about $1.5 million to $2.4 million. Welp... There goes the neighborhood! 😄 (I lived on the corner of Peden and Stanford for years starting in the late 80s). Edited April 1 by MidCenturyMoldy 1 Quote Link to comment Share on other sites More sharing options...
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