In case you were curious what the 9th-floor 1-bedroom condo in the Cosmopolitan owned by southwest Houston charter school Accelerated Interdisciplinary Intermediate Academy looks like, here are some photos taken when the property was listed for sale in February of 2011, for $468,500. The school purchased the condo that June. 250 elementary and middle school students attend Accelerated Interdisciplinary Intermediate Academy on its mostly bare 7-acre campus at 12825 Summit Ridge Dr., near the intersection of Alt. 90 and the Fort Bend Pkwy. Toll Rd. The taxpayer-funded school’s 2 buildings have no windows.
So what’s the condo for? An unidentified school representative emails the Chronicle‘s Jacob Carpenter to explain it’s used for “”back office support and SECURE storage of historical records.” Repeated break-in attempts, according to the representative, prevented the records from being kept at the school. “The writer also reasoned that the charter preferred buying property instead of paying rent, and that its options were ‘very limited,’” writes Carpenter. “The author didn’t explain why the school opted for the condo when cheaper storage and office space were available.”
The almost-floor-to-ceiling windows and balcony in the school’s Cosmopolitan condo face south, down Post Oak Blvd.:
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A Charter School’s Uptown Holdings
COMMENT OF THE DAY: A QUICK AND EASY WAY TO DECIDE WHAT TO KEEP AND WHAT TO GIVE AWAY “I can create a cost model for any particular item based on the cubic feet of space it requires for storage vs. the price per cubic foot of space in the house.* (Actual monthly cost, NOT “sale price per foot,” because taxes and interest are real things.) Measure the cost of keeping it for X period of time, vs. replacing it at an expected point in the future combined with the fuzzy application of inconvenience factors (can it only be purchased via a 1-hour drive, or week-long wait for delivery?) and criticality (would I have a broken pipe for days if I don’t have this pipe wrench?) and I have a good, solid grasp on any individual item and whether its worth keeping based on the expected frequency of its utility.
If the cost of keeping it during the periods of uselessness exceeds the weighted replacement cost by more than 10%, it’s gone.
Unfortunately, this model -can not- be applied to items with a sentimental factor value of greater than 0.3. Sure recipe for a very long argument with the SO.
* – in a more functionally perfect model, the overall value of a particular sq. ft. of space would be [weighted] on many factors such as its visibility, ease of access, specialized design, etc. However, these factors complicate the model to such a degree that I’d then have to write some software to handle it, and then I’d have the further conjoining restraint of cost of permanent storage for the data as well as the physical items. I usually determine that the feedback cycle that rears its head in the process isn’t worth the effort, and the generalized model works well enough.” [drone, commenting on Comment of the Day: How Houston’s East Enders Have Rid Themselves of Clutter]
COMMENT OF THE DAY: HOW HOUSTON’S EAST ENDERS HAVE RID THEMSELVES OF CLUTTER “Small closets are a great tool for stuff reduction. Houston, and especially the East End, is still full of similar vintage 1000-1500 sq. ft houses designed for simple living.” [DanaX, commenting on Houston Home Listing Photo of the Day: Fountain]
COMMENT OF THE DAY: SO WE CAN LIVE MORE COMFORTABLY IN SMALLER HOMES “The self-storage industry in this country is worth over $20 Billion a year in revenues . . . there are over 46,500 facilities in existence with a total combined area of 2.21 Billion sq.ft. Self-storage is almost entirely a US phenomenon. There are only 12,000 facilities elsewhere in the world and 3,000 of those are in Canada. This all begs the question, ‘Why on earth do we store so much more crap than anyone else?'” [Jimbo, commenting on Comment of the Day: Follow the Mini Storage]
COMMENT OF THE DAY: FOLLOW THE MINI STORAGE “Mini Storage facilities are almost always limited partnerships designed to last 7-10 years and put on strategically poised land the developers/LLP’s have determined will increase in value. The facilities are generally inexpensive to build and maintain and are easy to demo once the property has gained enough value to where it is sold for development. The area all along 34th street is just not ready for redevelopment yet. It’s currently a dump. Additional years of creeping development from the Northern Heights will be required to eventually turn the 34th St. blight into the redevelopment gem many hope for.” [CK, commenting on What They’re Doing to Food Land on Ella]
How is it that Garden Oaks residents are so sure that the former Food Land supermarket at the corner of Ella and Judiway is going to be turned into a storage facility and not, say, a long-rumored H-E-B? Well, there’s this sign up on the property, which pretty much makes it clear what’s happening to the 32,596-sq.-ft. space.
Photo: Swamplot inbox
AUGUSTA DEMO AND STORAGE The new owner of a small Galleria-area office building directly across the street from the parking garage for San Felipe Plaza plans to tear down the 2-story 1977 structure, which suffered a roof collapse and $2.7 million worth of damage from Hurricane Ike. “[Seller Robert] Clay is under the impression that a self-storage facility will be built there. In fact, four parties interested in buying the site wanted to build development storage units there, he says. [Hasad Development’s Sam] Amber, the buyer, has developed several ProGuard Self Storage locations around town. However, a company spokesman in Houston would not comment on future plans for the nearly one-acre site. Based on buyer interest, Clay concludes that, ‘This location is a perfect private mini-storage location.’” [Houston Business Journal]
Are you one of those people who needs a house with a little extra storage space? You might be interested in this modernish two-story home in Gloverdale, near Gulfgate, built in 1950. It’s listed at $225K, has five bedrooms and two full baths, sits on a very large lot, and comes with its very own storage warehouse next door:
COMBO SALE!!!! This house is being sold as a combo with also a 2250 sq.ft. warehouse. Warehouse is located next to house. Warehouse has extra parking along warehouse as well. Warehouse has kitchen,restroom,conference room and office with large roll up door to move large equipment or just for your own personal storage. MUST SEE!!!
Or just move into the warehouse and use the main house to store . . . your furniture.
After the jump, views of your storage bonus.
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