Here’s a surprise: a construction permit for a new 23-story Chinatown Asiatown condominium tower was issued yesterday for Park 8 Place. Remember Park8? That’s the freeway feeder megastrip project planned for just across Brays Bayou from Arthur Storey Park, along Beltway 8 south of Bellaire Blvd. The one that called itself “The Land of Oz.”
The entire development was supposed to include three 20-something-story residential towers, a hospital, two 2-story retail-and-office strips, and a couple of parking garages — all in a quaint freeway-and-park-side setting. A foundation was poured for the first condo building last year, but Park 8 CEO David Wu put the project on hold after he was unable to secure financing. So the construction crane came down.
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Read more about Cancellations and Delays, Commercial Real Estate, Condos, Highrises, Hospitals, Medical Buildings, Mixed Use, Neighborhoods: Chinatown, Proposed Developments, Retail, Strip Centers
Read more about: 77072, Asiatown, Canceled Projects, Chinatown, Commercial Real Estate, Condos, Highrises, Hospitals, Medical Buildings, Mixed Use, Parks, Proposed Developments, Retail, Strip Centers
Lou Minatti notes that the construction crane parked on the site of the Park 8 condo tower project on the west side of Beltway 8 between Bellaire and Beechnut has at long last been dismantled and removed. Is it time to say goodbye to the Land of Oz?
More bad news for fans of the 3-tower (plus hospital and strip center) project: The video originally embedded in our story about the project from last year is down too. But don’t worry . . . YouTube has a copy! See it again — and relive some of that Oz highrise magic — after the jump.
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Read more about: 77072, Canceled Projects, Chinatown, Commercial Real Estate, Condos, Highrises, Hospitals, Medical Buildings, Mixed Use, Parks, Proposed Developments, Retail, Strip Centers
December 28, 2007 – 10:19 am
Remember that fancy 27-story condo tower planned for Voss between San Felipe and Woodway? The one that was “for seniors only” and featured three floors of assisted living? Where you could buy a spacious 950-square-foot unit for just a tad under $500K?
Well, neither did we.
But if you were too busy pursuing an active lifestyle to notice that the sales center had shut down and the website disappeared, today’s Houston Business Journal makes the official announcement: The Sterling at Memorial Villages is dead, for lack of interest.
The project site holds a shuttered retail facility where a Chipotle formerly operated. The western-most part of the site, which is not owned by [Sterling developer] Sunrise Senior Living, is being marketed for sale by McDade Smith Gould Johnston Mason + Co. The eastern portion of the property — where the condo was to be built — is now being marketed by Wheless Properties.
The public company will see what offers it gets for the land, but [Sunrise Senior Living rep Jamison] Gosselin says it also is considering developing a rental property at the site.
Not mentioned in the article: Links to The Sterling of The Woodlands on the company website no longer work either.
Photo: HAIF user BuilderGeek
Read more about: 77057, Canceled Projects, Condos, Highrises, Memorial Villages, Proposed Developments, Senior Living
