08/09/12 4:15pm

The grass is always greener when it’s part of an overhaul. A redo (above) of this 1968 home in Forest West (at right) lawned-up the yard, boosted the landscaping, and thinned out the tree limbs. Then, the makeover moved inside, adding fresh paint, a new HVAC system, carpet, and 2012-ier finishes in the kitchen and bathrooms. The home is just a couple lots away from the crosswalks of HISD’s Clifton Middle School and adjacent Forest West Park.

The revamped property was listed earlier this week at $159,900, but in February 2012 it changed hands for $85,000. That previous listing’s initial asking price was $139,900 — in September 2011. But it tumbled every few weeks thereafter: from $132,500 in early October to November’s double-dips of $124,900 and $114,900 to holiday pricing of $109,900 . . . and a new year-new price of $99,900.

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11/02/11 11:12am

A decade-long scheme of systemic fraud by Houston-based Allied Home Mortgage Capital Corp. cost taxpayers $834 million in insurance claims on defaulted loans and forced thousands of the company’s customers to lose their homes through mortgages that were “doomed to fail,” according to a lawsuit filed by a former branch manager of the company and which the U.S. government officially joined yesterday. Allied Home, which is based in offices at 6110 Pinemont Dr. (above) off the Northwest Fwy. not far from Houston’s new FBI HQ, claims to be the largest privately held mortgage company in the country (99 percent of the company is owned by founder Jim Hodge), with 200 branches, down from a high of 600. Separately, the company has now been suspended from issuing any FHA-backed loans or GNMA-backed mortgage securities.

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09/27/11 2:28pm

This metal-sheathed warehouse at 2032 Karbach St. in the industrial area off Dacoma St. near Dyer Stadium used to be home to craft and imported beer distributor C.R. Goodman. Now a bunch of former Goodman employees have transformed it into the Karbach Brewing Company brewery — which held its inaugural tour over the weekend. Among the commitments of Karbach and its brewer, former Flying Dog CEO Eric Warner: Keeping their 5 craft brews in metal. Karbach beers are available only at area bars and restaurants so far (delivered in kegs by the company’s single delivery truck); starting in January 3 of them should be available for purchase in aluminum cans, too.

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08/31/11 11:29pm

Today was opening day for the third-ever Joe V’s Smart Shop, H-E-B’s growing chain of low-cost supermarkets. How low-cost are we talking? Well, put it this way: Checkers at the store won’t even touch your money. That’s right: You’ll be sliding it into a Wincor Nixdorf iCash register yourself — it sucks up your bills and coins and spits back change. And for a good number of the groceries you buy, you’ll be unpacking the items yourself too, directly from the boxes they were shipped in — just like you would at a big-box warehouse store. In the 51,000-sq.-ft. space carved out of a former Kmart at 12009 Northwest Fwy., on the west side of Hwy. 290 at 43rd St., the boxes and pallets are the displays:

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07/25/11 9:58am

Whatever steak and ale was left in this building at 2425 Mangum Rd. has been taken off . . . very slowly. Only to be brought back in a new form: A reader who’s noted some heavy construction — including the covering-up of windows — at this former restaurant on the southwest side of 290 over the last month and a half says the new occupants appeared to have applied for a liquor license under the name “Mangum Steakhouse.” Actual name of the new joint: Sunset Strip, a “totally latex free” club where you’ll find “the hottest entertainers in H-Town” — once they’re hired, of course. Scheduled opening date: August 3rd. Any resemblance between Highway 290 and the actual Sunset Strip, of course, is courtesy of the ghost of Anna Nicole Smith, and the Pleasures she left behind on the other side of the freeway at 34th St.

Photo: LoopNet

07/20/11 5:20pm

Looking for a safe place to keep its voting machines after the previous storehouse on Canino Rd. was destroyed in a mysterious fire last year, county officials have at last found the perfect uh, match: a 1980-vintage tilt-wall car-storage facility owned by the estate of a billionaire plaintiff’s attorney who died in a car crash. No harm came to the $250 million worth of cars John M. O’Quinn kept in this warehouse at 11525 Todd Rd. after he was killed in an accident on Allen Parkway 2 years ago, but the building was available. One of 3 suites in the 123,930-sq.-ft. structure near the Hempstead Highway and 34th St. currently serves as the black-box home of the Houston Academy of Dramatic Arts. The county is paying O’Quinn’s estate $4.35 million for the facility, with some of that money coming from the fire-insurance claim. Also moving into the building, after a $2 million renovation: county tax assessor-collector Don Summers and his collection of old license plates and tax records.

Photo: LoopNet

06/02/11 3:36pm

Any truth to the rumor — a reader wants to know — that the former Kmart space near the Burlington Coat Factory in the shopping center on the west side of Hwy. 290 near 43rd St. is going to be a brand-new H-E-B Market? Some, it turns out. It’s going to be the third-ever Joe V’s Smart Shop, H-E-B’s Scott McClelland tells Swamplot. (The first Joe V’s — H-E-B’s new bigger-store-with-less-stuff-for-less-money grocery format — opened last year on Antoine near Veterans Memorial.) A fourth Joe V’s is slated for the northern reaches of Shepherd Dr. near I-45, at Victory Dr.

Photo: Swamplot inbox

03/09/11 1:58pm

A small group of homeowners that includes residents of Timbergrove, Brookwoods Estates, and Holly Park have filed a lawsuit against the Federal Highway Administration claiming that the agency approved the expansion of Hwy. 290 along the 38-mile stretch from 610 to FM 2920 last August without properly analyzing how noise from the project would affect their properties. In the filing, the plaintiffs say they are not opposed to the project, but are concerned that TxDOT’s environmental studies of its planned elevated roadways at the 610 and I-10 interchanges — some of which will reach as high as 100 ft. in the air — didn’t account for noise impacts on Memorial Park and the Houston Arboretum as well.

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02/07/11 1:45pm

The synopsis of the new opera based on the life of Anna Nicole Smith is under embargo until performances at the Royal Opera House begin on February 17th. But judging from the released video trailer (below), it’s likely the production will also feature the London stage debut of the former Gigi’s Cabaret on the 290 feeder road just across 34th St. from the Northbrook Shopping Center in Houston (or more probably its interior), where in 1991 the former Walmart and Red Lobster employee had the extremely good fortune of meeting the greatest sugar daddy of them all, billionaire J. Howard Marshall II. Both Smith and Gigi’s later underwent renovations and name changes: Smith from her original Vickie Lynn Hogan; Gigi’s more recently to Pleasures. But how realistic will the portrayals be? Will set designer Miriam Buether’s version get the Houston strip club’s stage and runway areas right?

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What fancy high-tech firm just moved into that shimmering new green building off 290 at 43rd St.?

It’s your FBI. And hiding behind those dark shades in the new Houston Field Office:

The building includes a crisis management operations center, room for several crime and gang task forces, an arrest processing area where suspects are brought in, polygraphed, interviewed, booked and fingerprinted.

There’s a “complaint duty” office where anyone can walk in and lodge their concern with an officer on duty.

It also features a heavily equipped exercise room, a clinic headed by fulltime occupational health nurse Tisha Millard and the annual Citizens Academy led by Ronnie Cutlip, outreach coordinator.

The building includes the requisite extra-long-walkway anti-porte-cochere, specially designed to thwart vehicular attacks. But its real innovation is the external green-glass skin, hung away from the building on a lightweight metal frame, and specially formulated so the agents inside will be able to keep their cool when that Texas heat is on:

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10/28/09 2:33pm

WEINGARTEN’S SELLOFF CONTINUES The 283,841-sq.-ft. Central Park Northwest off Dacoma St. and the 100,600-sq.-ft. Jester Plaza near Oak Forest are the latest industrial properties to leave the Weingarten Realty fold. And there’s more to jettison: “The company’s vice president/director — industrial properties Kelly Landwermeyer told GlobeSt.com the disposition of the industrial service center on 3500-3582 W. T.C. Jester Blvd. is part of Weingarten’s overall disposition strategy of non-core industrial asset, which includes service centers and flex properties. He says another asset is under contract and scheduled to close within the next few weeks. ‘There are another half-dozen on various pre-contract stages in the pipeline,’ he explains, adding that there are no set deadlines for closings by the end of 2009.” [Globe St.; previously on Swamplot]