Its earlier morph from 1940 cottage to pet grooming shop with easy-care flooring could remain or revert to home use, declares the listing for this property in Dearborn Place. It’s tucked behind a couple of strip centers fronting S. Shepherd, just south of West Alabama. Pens and gated areas — inside and out — make it easy to contain any unruly guests, as do the quarters out back.
ANOTHER HIGHRISE SQUEEZING INTO THE MED CENTER? 
Real Estate Bisnow’s Catie Dixon reports that this 2-acre parcel on the edge of the Med Center, overlooking Brays Bayou and being overlooked by the 40-story condo tower The Spires right next door, might become the site of another highrise. ARA, which is marketing the property here on the corner of Cambridge and Holcombe Blvd., tells Dixon that though the site is not yet on the market, there has already been interest in it both from an apartment builder and a hotel developer. [Real Estate Bisnow] Image: ARA
WILL GREENWAY PLAZA SALE MEAN NEW GREENWAY PLAZA TOWERS? 
The 10 buildings and 52 acres that make up Greenway Plaza have been sold by Crescent Real Estate to Atlanta firm Cousins Properties for $1.1 billion. (The 3-city deal also gives Cousins a 40-story office tower in Fort Worth.) For now, reports the Houston Chronicle, it doesn’t appear that the change in ownership will change the property — though Cousins doesn’t seem to have ruled anything out: “Though there are no immediate plans for development, the . . . complex could house an additional 2 million square feet worth of office buildings, [Cousins CEO Larry] Gellerstedt said. The future development sites are parking structures that could be replaced by new towers.” [Houston Chronicle ($); previously on Swamplot] Photo: Crescent Real Estate
SOME REAL-LIFE OCCUPANTS FOR GALVESTON’S LONG-ABANDONED BREWERY? 
The endangered historic Falstaff Brewery that once harbored a bunch of scared architecture students in a horror flick might become a real refuge for Galvestonians looking for cheap housing — or so Culturemap’s Tyler Rudick seems to think, divining a hint about Dallas developer Matthews Southwest’s plans for the property from the very title of the rep he interviews: “Company officials are unable to reveal the full details until a purchase is finalized,” cautions Rudick. “But [we] spoke with current project leader Scott Galbraith, whose position as Matthews Southwest’s vice president of affordable income development suggests the company’s larger plans for the complex.” Perhaps, but Galbraith is also quick to point out that Matthews Southwest is keeping its options open while studying the site; previous environmental investigations have found plenty of asbestos in the 313,000-sq.-ft. building and soil contamination around it. [Culturemap; previously on Swamplot] Photo: Candace Garcia
TEARING DOWN TOWNHOMES TO BUILD ANOTHER PEARL 
Prime Property reports that Houston developer Morgan Group will demolish a bunch of townhomes and a small office building on S. Gessner Rd. to make way for another of its Pearl-brand apartment complexes; the Briar Forest property was recently purchased, explains Nancy Sarnoff, and the demo of the 131-unit Quadrangle Townhomes at 2021 and the Tanney School building at 2055 S. Gessner might go down before the new year. The Morgan Group complex pictured here, Pearl Greenway at 3788 Richmond Ave., opened recently; another like complex is under construction in Midtown. Adds Sarnoff: “Morgan said it will work with . . . residents to help them find new apartments nearby before the building is demolished.” [Prime Property; previously on Swamplot] Photo: Morgan Group
This crosshatched highrise shows up in a recently published marketing video as a potential development to densify the low-slung Uptown Park. The 50,000-sq.-ft. site HFF and AmREIT seem to have in mind for these apartments-upon-retail is right off the Loop, across Uptown Park Blvd. from the Ziegler Cooper-designed 27-story Villa d’Este condo tower — a site occupied now by a 12,000-sq.-ft. 1-story building at the northern end of the low-density Euro-style shopping spread.
RICHMOND STRIP NOT DOWN FOR THE COUNT? 
Real estate reporter Shaina Zucker cruises Richmond Ave., tallying up the evidence that she suggests might just point to a resurgence of that once-lively strip between Hillcroft and Chimney Rock: “30 — The number of For Lease signs visible; 4 — The number of For Sale signs visible; 6 — The number of empty lots visible; 5 — Number of active adult entertainment locations (strip clubs, novelty stores, etc.); 8 — Number of other active clubs/bars facing Richmond; 6 — Number of open fast-food locations; 20 — Number of auto sales/retailer locations; 3 — Number of active construction projects; 35,127 — Richmond at Fountain View average daily traffic volume by number of vehicles; 33,720 — Richmond at Chimney Rock average daily traffic volume by number of vehicles.” [Houston Business Journal] Photo of La Bare at 6234 Richmond: City Data
“There’s a lot that’s recently been cleared immediately behind the Asia Society,” reports a reader. You know the one, at the corner of Oakdale and Caroline St.? The one whose owners refused to sell, forcing Asia Society architect Yoshio Taniguchi to design around it? Where there was that 1930s vine-covered home being used as a doctor’s office that was supposed to be sold and renovated into a restaurant, but never was?
Well, in February, 5219 Caroline appeared in the Daily Demolition Report. And this photo taken from the median shows what the site looks like now. The reader continues:
All of the neighbors have questioned who owns the property and what is to happen to it. According to HCAD it appeared to be owned by Balcor, the company behind the rather unpopular Parc Binz. . . . We’re wondering if the Asia Society is trying to buy the land . . . [T]he neighbors who live in the town homes across from Asia Society have complained that the social events held on site tend to be quite loud, quite late. Overall, the neighborhood couldn’t be happier to have this organization in its bounds. And, if they were to own that land, if only they’d open a little gourmet coffee shop. That would please hundreds of people. . . . I’ve heard from Asia Society . . . that they’re trying to purchase the land. I think there is something more going on there — but no one is talking at this point.
Photo: Allyn West
Update, 3:30 p.m.: Randall’s president Paul McTavish confirms that this store will be closing. No date was mentioned.
A few readers are reporting that they’ve heard from Randall’s employees here that the store near San Felipe and Voss will shut its doors by the end of the month. One reader even has a date: May 23. County records show that the 56,511-sq.-ft. building sits on 157,149 sq. ft. of pricey Memorial property across Voss from the new Trader Joe’s — the parking lot of which appeared a bit less barren than the Randall’s lot in this photo taken this morning. Attempts to contact Safeway haven’t been returned.
Photo: Allyn West
This map from what a reader says is a “recent” Cushman & Wakefield flyer shows a couple of interesting things that might be in store for Southside Place: Not only is the land underneath the smallest of the 3 buildings of the vacated Shell Bellaire Tech Center described as “under contract for future bank,” the 5.5 acres next to it, underneath the company’s original 1936 geoprocessing center at 3737 Bellaire Blvd., appears to be the subject of residential or retail development.
Count ’em: That’s a 9-building office park proposed to go in near the Walmart and Splashtown in Spring, south of the ExxonMobil campus. Finial Group is developing — that is, clearing the trees away from a 13-acre parcel just behind all that freeway retail at Whitewood and Louetta Rd.
COMMENT OF THE DAY: MY CENTRAL SQUARE DORM DREAM “When I was at school at UH-D, I would take the rail up to campus everyday and see those two buildings there. To best contribute to the urban fabric, I often would imagine that someone would redevelop them as dorms, and the block that is between it and the rail line could be repurposed as a plaza with a few cafes that would link the building to the rail. The private dorms could serve UH-D, HCC Central, South Texas Law, the medical schools, and even UH and TSU once the University line is complete. Having students commute from the various schools to this central location would add vibrancy to the area and could bring about good academic fellowship. Not sure of the economic feasibility, but it would wildly popular (if the dorm fees were reasonable). Since it’s college kids, renovations need only consist of low cost furnishings, concrete floors, bare ceilings, and maybe a gym and cafeteria. Gotta dream big.” [VMel, commenting on New Owners of Central Square Plaza Want To Make Something of It]
Central Square Plaza has been sold, and new owner Keeley Megarity, whose LLC closed on the 1-acre Midtown property at 2100 Travis St. about a week ago, says that a decision about how to renovate these buildings — and what to renovate them into — will be made in the next 30-45 days.
HOW TO KEEP PROPERTY TAXES LOW — AT THE TOP 
Using figures from a study put together by the Service Employees International Union last year in support of striking janitors, Steve Jansen’s cover story in this week’s Houston Press highlights some spectacular feats of Houston highrise taxcutting: “For the 2011 tax year, if the owners of a class A skyscraper or office complex protested HCAD’s appraised value in front of HCAD’s appraisal review board or district court, they were 77 percent likely to have the value cut (and Âalmost always by millions). By contrast, only 55 percent of owners of single-family homes won their appeals with HCAD.” Total resulting savings on those high-dollar tax bills: $58 million in 2011 alone. This year, HCAD is raising the market valuations on many of the city’s fanciest office buildings by more than 50 percent. But don’t expect those numbers to hold when the companies have lawyers at the ready. For 2012, 70 percent of large downtown commercial office property owners went ahead with property-tax lawsuits against HCAD. [Houston Press] Photo of Wells Fargo Plaza, which through lawsuits and negotiated settlements gained valuation reductions totaling $380 million between 2006 and 2011: Matthew Colvin de Valle [license]
“It looks like someone has bought the whole block between Feagan, Westcott, and Knox in Rice Military next to the Commonwealth Title office building,” a reader writes in accompaniment of a series of photos. “There are several old cottages with for sale signs showing the houses as ‘to be moved’ although they don’t look salvageable to me.” What, the reader wants to know, is going to happen here?
