IntheKnowHouston Posted July 11, 2023 Share Posted July 11, 2023 The 25,000-square-foot parcel at 3115 Polk St sits on approximately 0.57 acres in East Downtown. The property is situated along Velasco St and Dallas St. It's also located along the Columbia Tap trail. EaDough, the walk-up bakery and cafe at 3204 Polk St, is cattycorner to 3115 Polk St. 1 Quote Link to comment Share on other sites More sharing options...
IntheKnowHouston Posted July 11, 2023 Author Share Posted July 11, 2023 (edited) Below is a map with the 3115 Polk St parcel outlined. Edited July 11, 2023 by IntheKnowHouston Quote Link to comment Share on other sites More sharing options...
IntheKnowHouston Posted July 11, 2023 Author Share Posted July 11, 2023 2023 Google Earth images of 3115 Polk St Quote Link to comment Share on other sites More sharing options...
IntheKnowHouston Posted July 11, 2023 Author Share Posted July 11, 2023 May 2022 Street View of 3115 Polk St (along Polk St) May 2022 Street View of 3115 Polk St (at Velasco St and Dallas St) Quote Link to comment Share on other sites More sharing options...
IntheKnowHouston Posted July 11, 2023 Author Share Posted July 11, 2023 (edited) A few months ago, Pagewood marketed 3115 Polk St for sale and for lease. A warranty deed on file with the county indicate EaDo Redo II LLC sold the property to Exalted 71 Holdings LLC in December. Details from the listing: Total land size: 25,000 S.F. Total building size: 16,200 S.F Year built: 1975 In an opportunity zone https://img1.wsimg.com/blobby/go/3a094070-60a9-4b5f-a143-1dd90c3b52fc/downloads/Pagewood - 3115 Polk - Flyer.pdf?ver=1677105328603 Edited July 11, 2023 by IntheKnowHouston Quote Link to comment Share on other sites More sharing options...
IntheKnowHouston Posted July 11, 2023 Author Share Posted July 11, 2023 Earlier this year, leasing materials for the 3115 Polk St property were published by JLL. Below are details pertaining to the property included in the lease listing: Come join the action in EaDo. This warehouse, and its patios, are sitting right on the hike and bike trail. Neighbors include Nancy’s Hustle and Tiny Champions with many newcomers on the way to this vibrant area.Come join the action in EADO. This warehouse, and its patios, are sitting right on the hike and bike trail. Neighbors include Nancy’s Hustle and Tiny Champions with many newcomers on the way to this vibrant area. 16,200 SF of industrial space available Office: ±2,000 SF 16' -18' Clear Height Heavy Power: 800 Amp, 480V, 3Phase Power (4) Dock High Doors (1) Interior Ramp Additional ±4,900 SF raw land adjacent to building for outdoor storage or parking Site sits on Hike & Bike Trail Great site for food and beverage users and creative office https://property.jll.com/listings/3115-polk-st-cbd https://res.cloudinary.com/marketsphere/image/upload/wmkcvupedllc9skioon1.pdf https://www.loopnet.com/Listing/3115-Polk-St-Houston-TX/27818049/ https://www.loopnet.com/viewer/pdf?file=https://images1.loopnet.com/d2/ApfKcQlmReDIgv35W35uIK36nhc66mCZCDLpKDJetJ4/3115 Polk St.pdf https://images1.loopnet.com/d2/ApfKcQlmReDIgv35W35uIK36nhc66mCZCDLpKDJetJ4/3115 Polk St.pdf https://www.crexi.com/lease/properties/604811/texas-3115-polk-st https://api-lease.crexi.com/assets/604811/flyer https://property.jll.com/listings/3115-polk-st-cbd Quote Link to comment Share on other sites More sharing options...
IntheKnowHouston Posted July 11, 2023 Author Share Posted July 11, 2023 Survey of 3115 Polk St included in leasing materials Quote Link to comment Share on other sites More sharing options...
IntheKnowHouston Posted July 11, 2023 Author Share Posted July 11, 2023 Below are interior photos of 3115 Polk included in the leasing brochure. Quote Link to comment Share on other sites More sharing options...
IntheKnowHouston Posted July 11, 2023 Author Share Posted July 11, 2023 (edited) An application for the abandonment of an alley or portion of a street was submitted to the city's Joint Referral Committee recently. Exalted 71 Holdings LLC is the listed applicant and Walter P Moore is the listed agent. Below is what is included in the application: Description and square footage of requested street or alley to be abandoned and sold: Velasco Street between Polk and Dallas Street. 15 feet wide by 336 feet long, total 5,040 SF Legal description and address of the property abutting the portion of the street or alley to be abandoned and sold, by lot and block, including the name of the subdivision: Lots 1,2,3,4, and 5, in Block five hundred thirty (530) of South Side of Buffalo Bayou, an unrecorded subdivision, City of Houston, Harris County, Texas Property address: 3115 Polk Street, Houston, Texas 77003 Statement of intended use and details of the requested street or alley to be sold: Acquire land for redevelopment of abutting property located at 3115 Polk Street. What is the timeline for proposed redevelopment? 12-24 months https://popms.houstontx.gov/OnlineJRC/Review/Review/2573 Edited July 11, 2023 by IntheKnowHouston 1 Quote Link to comment Share on other sites More sharing options...
IntheKnowHouston Posted July 11, 2023 Author Share Posted July 11, 2023 Below are photos of the abandonment the developer is requesting. 1 Quote Link to comment Share on other sites More sharing options...
IntheKnowHouston Posted July 11, 2023 Author Share Posted July 11, 2023 Preliminary rendering of proposed changes to 3115 Polk St. This was included in related documents to the city's Joint Referral Committee. Closer view 6 Quote Link to comment Share on other sites More sharing options...
wilcal Posted July 11, 2023 Share Posted July 11, 2023 @HNathoo Did you post about how you were involved with this property? 1 Quote Link to comment Share on other sites More sharing options...
Erik Asuncion Posted July 11, 2023 Share Posted July 11, 2023 I live a block from this property. The proximity to METRORail Purple Line, Metro Bus routes 40, 41, and 29, the Columbia Tap Trail, and inclusion in the market-based parking area make the property a great spot for mixed-use development. It would be a great addition to the neighborhood. I would hope not to see a large parking lot pop up in the properties next to it, unless it were to serve some bigger plan to also develop the warehouses within a few blocks. 1 Quote Link to comment Share on other sites More sharing options...
HNathoo Posted July 13, 2023 Share Posted July 13, 2023 On 7/11/2023 at 8:08 AM, wilcal said: @HNathoo Did you post about how you were involved with this property? The abandonment would open up quite a bit of potential for this site (think backside of MKT). Hoping it gets approved. 1 Quote Link to comment Share on other sites More sharing options...
hindesky Posted July 14, 2023 Share Posted July 14, 2023 3 Quote Link to comment Share on other sites More sharing options...
004n063 Posted July 18, 2023 Share Posted July 18, 2023 On 7/12/2023 at 9:31 PM, HNathoo said: The abandonment would open up quite a bit of potential for this site (think backside of MKT). Hoping it gets approved. I think of the "backside" of MKT as the parking lot part. 2 Quote Link to comment Share on other sites More sharing options...
wilcal Posted July 18, 2023 Share Posted July 18, 2023 3 hours ago, 004n063 said: I think of the "backside" of MKT as the parking lot part. Welcome to the War on Cars. 1 Quote Link to comment Share on other sites More sharing options...
editor Posted July 18, 2023 Share Posted July 18, 2023 3 hours ago, wilcal said: Welcome to the War on Cars. Good idea. I'll make a mint selling bike locks on Fannin Street! Quote Link to comment Share on other sites More sharing options...
IntheKnowHouston Posted August 13, 2023 Author Share Posted August 13, 2023 On 7/11/2023 at 4:20 AM, IntheKnowHouston said: An application for the abandonment of an alley or portion of a street was submitted to the city's Joint Referral Committee recently. Exalted 71 Holdings LLC is the listed applicant and Walter P Moore is the listed agent. Below is what is included in the application: Description and square footage of requested street or alley to be abandoned and sold: Velasco Street between Polk and Dallas Street. 15 feet wide by 336 feet long, total 5,040 SF Legal description and address of the property abutting the portion of the street or alley to be abandoned and sold, by lot and block, including the name of the subdivision: Lots 1,2,3,4, and 5, in Block five hundred thirty (530) of South Side of Buffalo Bayou, an unrecorded subdivision, City of Houston, Harris County, Texas Property address: 3115 Polk Street, Houston, Texas 77003 Statement of intended use and details of the requested street or alley to be sold: Acquire land for redevelopment of abutting property located at 3115 Polk Street. What is the timeline for proposed redevelopment? 12-24 months https://popms.houstontx.gov/OnlineJRC/Review/Review/2573 The request for the abandonment of Velasco St that was submitted by the landowner of 3115 Polk St was rejected. It was denied about a week and a half ago. This is the comment regarding the abandonment from the Joint Referral Committee: Rejected because Velasco cannot be abandoned. 2 Quote Link to comment Share on other sites More sharing options...
editor Posted August 13, 2023 Share Posted August 13, 2023 9 hours ago, IntheKnowHouston said: This is the comment regarding the abandonment from the Joint Referral Committee: Rejected because Velasco cannot be abandoned. It looks like Velasco was built along a railroad right of way. I wonder if the reason the city can't abandon it is because some railroad retains the right to re-track it. This is occasionally a problem with rails-to-trails projects. People think a railroad is abandoned, and ripe for conversion, but to the railroads, these are just dormant assets that can be reactivated when the need arises. In Chicago, there's one point where a cycling path has to share space with a freight line over a bridge. Fortunately, the trains are infrequent and very slow, so everyone has lots of time to get out of the way. 2 Quote Link to comment Share on other sites More sharing options...
IntheKnowHouston Posted September 11, 2023 Author Share Posted September 11, 2023 On 7/11/2023 at 6:43 AM, IntheKnowHouston said: Earlier this year, leasing materials for the 3115 Polk St property were published by JLL. Below are details pertaining to the property included in the lease listing: Come join the action in EaDo. This warehouse, and its patios, are sitting right on the hike and bike trail. Neighbors include Nancy’s Hustle and Tiny Champions with many newcomers on the way to this vibrant area.Come join the action in EADO. This warehouse, and its patios, are sitting right on the hike and bike trail. Neighbors include Nancy’s Hustle and Tiny Champions with many newcomers on the way to this vibrant area. 16,200 SF of industrial space available Office: ±2,000 SF 16' -18' Clear Height Heavy Power: 800 Amp, 480V, 3Phase Power (4) Dock High Doors (1) Interior Ramp Additional ±4,900 SF raw land adjacent to building for outdoor storage or parking Site sits on Hike & Bike Trail Great site for food and beverage users and creative office https://property.jll.com/listings/3115-polk-st-cbd https://res.cloudinary.com/marketsphere/image/upload/wmkcvupedllc9skioon1.pdf https://www.loopnet.com/Listing/3115-Polk-St-Houston-TX/27818049/ https://www.loopnet.com/viewer/pdf?file=https://images1.loopnet.com/d2/ApfKcQlmReDIgv35W35uIK36nhc66mCZCDLpKDJetJ4/3115 Polk St.pdf https://images1.loopnet.com/d2/ApfKcQlmReDIgv35W35uIK36nhc66mCZCDLpKDJetJ4/3115 Polk St.pdf https://www.crexi.com/lease/properties/604811/texas-3115-polk-st https://api-lease.crexi.com/assets/604811/flyer Leasing materials for 3115 Polk St are updated. Included in the leasing materials is the conceptual rendering submitted to the Joint Referral Committee this summer. https://property.jll.com/listings/3115-polk-st-cbd https://res.cloudinary.com/marketsphere/image/upload/wmkcvupedllc9skioon1.pdf https://www.loopnet.com/Listing/3115-Polk-St-Houston-TX/27818049/ https://www.loopnet.com/viewer/pdf?file=https://images1.loopnet.com/d2/ApfKcQlmReDIgv35W35uIK36nhc66mCZCDLpKDJetJ4/3115 Polk St.pdf https://images1.loopnet.com/d2/ApfKcQlmReDIgv35W35uIK36nhc66mCZCDLpKDJetJ4/3115 Polk St.pdf https://www.crexi.com/lease/properties/604811/texas-3115-polk-st https://api-lease.crexi.com/assets/604811/flyer Quote Link to comment Share on other sites More sharing options...
sapo2367 Posted September 11, 2023 Share Posted September 11, 2023 On 8/13/2023 at 12:55 PM, editor said: In Chicago, there's one point where a cycling path has to share space with a freight line over a bridge. Fortunately, the trains are infrequent and very slow, so everyone has lots of time to get out of the way. Any pictures etc? Sounds interesting :) Quote Link to comment Share on other sites More sharing options...
editor Posted September 13, 2023 Share Posted September 13, 2023 On 9/11/2023 at 8:58 AM, sapo2367 said: Any pictures etc? Sounds interesting :) I guess my information is a little outdated. I just looked at Apple Maps, and the train line is no longer active: A quick Duck shows that the trains stopped running in 2020. Here are a couple of pictures (from here) from when bicycles and trains shared the bridge: Here's the location, if you want to explore it yourself: https://maps.apple.com/?address=1049 W North Ave, Chicago, IL 60642, United States&ll=41.910306,-87.655529&q=Dropped Pin 1 Quote Link to comment Share on other sites More sharing options...
linearmovement Posted September 15, 2023 Share Posted September 15, 2023 That's a fun shortcut across the river but riding on that part of North Ave is pretty horrible. Quote Link to comment Share on other sites More sharing options...
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