Galveston - Shopping Center Proposed at 5400 Broadway

[ChannelTwoNews]

https://www.galvnews.com/news/shopping-center-developer-buys-10-acres-on-broadway-in-galveston/article_9c3f62ae-7c7a-53e6-8e58-e337866ad496.html

"County commissioners on Monday approved the sale of about 10 public acres along Broadway to a shopping center developer for $4.5 million.

The vote to approve a letter of intent with Shopping Center Interests LLC for the land at 5400 Broadway in front of the Criminal Justice Center was unanimous."

[Urbannizer]

The land has been vacant for decades. Was anything there at one point? I remember a Lowe’s being proposed here years ago.

[Naviguessor]

There used to be some very old concrete cotton warehouses which backed up right against Broadway.  

[strickn]

It would make more sense to have the same site plan now and treat Broadway like an important part of Galveston with the parking tucked behind, not just a feeder to the Gulf Freeway.

Obviously this developer sees that as too much of an obstacle despite their willingness to work in Galveston in the first place.

[strickn]

Galveston is what most of the inner loop wants to become and yet look at almost every suburban developer making Galveston less so with their development ideas.

[Amlaham]

14 hours ago, strickn said:

Galveston is what most of the inner loop wants to become and yet look at almost every suburban developer making Galveston less so with their development ideas.

I know its impossible..... but I wish Galveston would become like Rosemary beach, FL 😅 even something like Virginia beach would be nice.

[strickn]

IMHO Galveston is already cooler than Rosemary Beach and Seaside will ever be.  But if you take a Floridian or two to the Strand, Post Office Street Historic District, and some of the cool old neighborhoods off of Broadway, they generally don’t see it unless they’re already versed in traditional urban design.  They’re more impressed with superficially nice, higher-property-value but lower-economic-catalysis-value groups of assets like Allen Parkway, Heights Boulevard, and the like.

And your average Houston investor is apt to look at this in much the same way, without thinking of it as herd mentality at all.