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.
Prompted by a press release, the HBJ and the Chronicle announced yesterday that construction has begun on the 
Demolition crews turned the Josephine Apartments into a dusty pile of rubble yesterday (as seen in Swamplot’s on-the-spot 
