APARTMENT DEVELOPER ALLIANCE READY TO BUY LANDMARKED HEIGHTS WATERWORKS LAND 
Turns out serial multifamily developer Alliance Residential is the previously unnamed entity planning to buy the Heights waterworks properties the city put on the market earlier this year (after awarding parts of the reservoir complex protected landmark status 6 months prior).  A notice from the city planning department today says Alliance beat out 18 other bidders on the 2 parcels (catty-corner from one another across Nicholson and W. 20th streets), and also mentions that the city has to accept the highest offer for the sale. A public meeting about the plans for the land, including what role those tax-relevant historic structures might have in any proposed new development, is scheduled for the 29th (that’s the Tuesday after Thanksgiving) at the restored fire station on W. 12th St. [Houston Planning Commission] Map of Heights Reservoir properties: City of Houston
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Tag: Multifamily Developers
It’s Friday afternoon . . . and the rumors are flying! It’s looking like the shelving of the company’s planned Boulevard Place apartment highrise is only the beginning of a much-more-serious towering hangover for Hanover. Word has begun to spread that the private multifamily developer is shutting down its local office. The Hanover Company is based in Houston.
Employees with brand-new pink slips: Got any details you’d like to share? Swamplot’s completely anonymous tell-all line is open.