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Houston19514

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Everything posted by Houston19514

  1. Houston19514
    The site plan doesn't seem to match what is currently on the site. Specifically, the small gray "existing building". After further examination of the site plan and Google Street View, it looks like the "existing building" might be the concrete block wall portion of the larger existing building. My guess is they are proposing to keep that portion in order to avoid having seek a setback variance? Or maybe there's some infrastructure behind that concrete block wall that is not worth moving, so they are going to build around it?
  2. Houston19514
    I was wondering about that... I hadn't done the math yet, but upon reading that 17 years bit, I immediately thought that couldn't be right. How do our "journalists" manage to get so many simple facts wrong? I wonder where they came up with that 17 years?
  3. Houston19514
    Understood. It just seems a little odd that after all these years, they would NOW decide to turn it into a parking lot.
  4. Houston19514
    From the minutes of the October 1, 2020 Board meeting of Houston First Corp: Regarding Lynn Wyatt Square: " . . . construction contractor to be selected by the end of 2020 and construction will begin in early 2021. She announced that the anticipated grand opening of Lynn Wyatt Square is April 2022."
  5. Houston19514
    From the minuted of Houston First Corp Board of Directors October 1 meeting: "Al Kashani of Texas Hospitality Partners, L.P. addressed the Board to provide an update on the W Hotel development. Mr. Kashani stated that, despite the challenges with COVID-19 and the financial markets, he and his team are working hard to move forward and have made progress on the design and development of the hotel." "Mr. Kashani stated that the W Hotel is three years away from opening and construction will take between 18 to 24 months. He does not anticipate ground breaking and/or air breaking . . . until approximately 8 to 12 months."
  6. Houston19514
    I kinda thought that too. Is there really sufficient demand for parking at that location to justify even this expense?
  7. Houston19514
    It looks like the T and the h may have been previously damaged. I don't think the Chronicle would have any right to require them to remove it.
  8. Houston19514
    Pretty cool. They should show Reality Bites.
  9. Houston19514
    The price per square foot (low 200s) is very reasonable. You'd have a hard time finding a better price for a new construction condo in central Houston.
  10. Houston19514
    Was it approved?
  11. Houston19514
    FIFY
  12. Houston19514
    I thought construction on Spur 5 was scheduled to start in 2025.
  13. Houston19514
    Could this be a temporary pole that will be pulled when they install underground service to the building? That might also be why they haven't poured the concrete where the pole is or where the guy wires terminate.
  14. Houston19514
    And they also expect it take 15-20 years.
  15. Houston19514
    To add some context. This project is sort of like a master plan and is a long way from happening. First, they need rezoning approval from the city. Then they have to empty out a large multi family complex on which they are still, currently, signing 12-month leases. Then, of course, that complex must be demolished and new infrastructure installed. Then, IF there is sufficient demand, they will start building some buildings that may or may not look something like these renderings.
  16. Houston19514
    That is making more sense.
  17. Houston19514
    Yeah, you may be right. I was thinking that too, but the brown looks incongruous to me, so I was kinda hoping. . . But the renderings do seem to show it staying.
  18. Houston19514
    I think the brown is probably going away.
  19. Houston19514
    In addition to being wrong about this being the first project to feature hotel and condos since the Four Seasons, they also misstate the history of the Four Seasons. It did not have condos when it was built in 1982. It was built with rental apartments. They converted some of them to condos much later.
  20. Houston19514
    i think that is Greek, not Spanish. And that (the Greek word) is the source of the name for Temenos Place.
  21. Houston19514
    PO also has residential, but it’s rental, not condo.
  22. Houston19514
    I suspect he doesn't completely understand it or something has gotten lost in the translation from him to you to us. For starters, there has to be something in writing and on record. If there is nothing to this effect on any of the documents, it would not be enforceable.
  23. Houston19514
    There seems to be something wrong with or missing from this story. If there is nothing in the paperwork saying he can't sell for a profit before 10 years, then he can sell for a profit within ten years. Also, you've said he can't get his equity and you've said he can't sell for a profit. Those are two very different things. Not sure of the exact program in this particular neighborhood, but typically such requirements come with down payment assistance. If you don't stay for the full ten years, the homeowner typically has to pay back at least some of the down payment assistance. They don't typically restrict the homeowner from selling or keep him from making a profit or getting his equity out of the house. FWIW, the front page of the website for this development (Coleman Crossing) includes the following statement: Buyer must be a U.S. Citizen Buyer must be a first time buyer or must not have owned a home in the past 3 years Buyer must live in the home as his/her principal residence for at least 10 years after purchase Meet the income guidelines established by HUD below: The combined household income must be at or below the incomes listed in the following chart based on household size: Family of 1: $55,055 Family of 2: $62,920 Family of 3: $70,785 Family of 4: $78,650 Buyer will need to fill out this online form to start the process. Not sure of the
  24. Houston19514
    Wow, that's quite a change from a month ago.
  25. Houston19514
    Just because the City is handling the project doesn't mean the federal government is not paying for it. I'm pretty sure the City is using federal funds for the North Canal project.
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