According to Harris County Clerk documents, the Peacock & Plaza apartments at 1414-1416 Austin St. downtown across the street from Root Memorial Square were sold late last month to a Colorado-based development company.
The two Spanish-tinged, red-brick pre-war buildings — one of which is adorned with an eye-catching tile mosaic of a proud peacock, both of which are studded with dark green and white awnings — hold a total of 32 studio apartments.
There’s no off-street parking, but that’s offset in part by “crazy low rents in a prime location,” according to a reader. Prime it is indeed, just across Root Memorial Square from the Toyota Center and blocks from Discovery Green and the convention center. And cheap it is indeed too, at least as of last year, when units were being advertised for $520 a month.
The reader goes on to say the tenants are on month-to-month leases, have not been given any notice of when or if they might be forced to leave, and are now sending their rent to a new address.
The buyer is listed as FVMHP, a limited partnership with a Colorado Springs address. The sale price was not immediately available, though Loopnet had the buildings listed at $2.632m.
“It will be a shame to lose the building (and especially the awesome peacock mosaic) if the developers demolish it,” the reader says.
The apartments are an early project of Houston architect Lenard Gabert, who went on to design the landmark Third Ward music venue the Eldorado Ballroom overlooking Emancipation Park, and Monarch Cleaners at 2815 S. Shepherd Dr., which in greatly altered form now houses Triniti Restaurant.
Perhaps most famously Gabert also assisted Mackie & Kamrath in the design of Temple Emanu El on Sunset Blvd., the synagogue he attended, and had a hand in the Brochstein’s Inc. industrial plant on S. Main St.
Photos: Loopnet (courtyard and exterior); Swamplot inbox (peacock mosaic).