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.
If a single condo tower is the only piece of the project that’s now been funded, the result might be a little less overwhelming than the complex portrayed in this old Park 8 promotional video:
According to the city report, yesterday’s permit cost Lyda Swinerton Builders more than $46K. The official address for the project is 8018 W. Sam Houston Pkwy. South.
- High-Rise Condo [Park 8]
- Builders here hit by credit crunch [Houston Chronicle]
- Park 8 Chinatown Condo Project: Parked? [Swamplot]
- Park 8: The Land of Oz Comes to Houston [Swamplot]
Images: Park 8