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Camden Midtown: Multifamily At 2303 Louisiana St.


UrbaNerd

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  • 1 month later...

$39 million doesn't seem like enough to make it anything exceptional for that prime location... probably be some sort of unsustainable wood frame construction like the adjacent Camden Midtown.

Provided that the forestry practices are sound (which they generally are), then in what manner is wood frame construction not sustainable? It's certainly a locally available building material. The cultivation and harvesting of forests produces far fewer and less harmful emissions than the manufacturing of steel or concrete.

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Not to speak for Wernicke, but I wonder if he meant the life expectancy of the building?

Institutionally-owned real estate tends to get maintained pretty well where water intrusion and vermin are concerned. If this is a wood frame building, it doesn't concern me particularly much. The biggest threats to it would either be that Houston gets built out and that this gets replaced by a highrise at some point, probably once all of us are old, decrepit, and have dementia...or that inexpensive substitutes for oil and gas are developed and that Houston goes the way of Detroit. Either way, who the hell cares?

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  • The title was changed to Camden Midtown Future: Multifamily For Midtown
  • The title was changed to Camden Midtown: Multifamily At 2303 Louisiana St.

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