Thursday, July 28, 2016

Condo Darwinism: Reversion to greenfield in Montrose

Revention at Bayou Place, Reversion in Montrose 
With the non-conforming perimeter boards adorned with renderings of lofty living quarters dismantled, and glassy condo visions shattered, the corner lot on Montrose and Marshall has reverted to green. With a special amenity still in place on one corner: A horsey posts with a pair of rings suitable for adaptive reuse, such as the interim tethering of your canine while you are visualizing a brightly-colored food truck surrounded by patio furniture on the ample green. 


Meanwhile, RNR tells the confused condominium-centric segment of the market that "Condos are a Hot Commodity with Texas Homebuyers" while the HBJ is keeping count of the expanding list of cancelled and shelved condo projects, summing up the sentiment on the supply-side with a not so subtle allusion to the most memorable insights bequeathed to posterity by a certain bearded Charles: Charley the Naturalist, not the continental Karl of Political Economy fame:
"Only the Experienced Survive in Houston's Condo Market".

Coming Soon ... Not So Fast 

3615 Montrose development (project sign, rendering), since shelved

Looking back: 3615 Montrose at 900 Marshall and the Grand Promise of Luxurious Living 
No longer coming soon: The 3616 Montrose Development

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Houston Streetwise Summer 2015 - Thumbnails of Top Photos

Houston Streetwise Summer 2015 - Thumbnails of Top Photos
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