Comments on: Turnberry Tower: Not Going To Happen http://swamplot.com/turnberry-tower-not-going-to-happen/2008-10-27/ Houston, Texas real estate development, home buying, landscape, and design Mon, 22 Mar 2010 13:28:09 +0000 http://wordpress.org/?v=2.6.3 By: kjb434 http://swamplot.com/turnberry-tower-not-going-to-happen/2008-10-27/#comment-11021 kjb434 Tue, 28 Oct 2008 14:20:37 +0000 http://swamplot.com/turnberry-tower-not-going-to-happen/2008-10-27/#comment-11021 Who will shop there? The majority will still have to use there car. It will be extremely inconvenient to the typical grocery shopper. There are also several large grocery stores that are close. Two Rice Epicureans, a future Whole Foods, a Central Market, and a large Kroger. HEB has one not far at Fountainview. and Randal on San Felipe. Also, the only financially feasible development will have to be some form of high-rise whether it's condos, apartments, or office. The land is simply too expensive for anything else. Who will shop there? The majority will still have to use there car. It will be extremely inconvenient to the typical grocery shopper. There are also several large grocery stores that are close. Two Rice Epicureans, a future Whole Foods, a Central Market, and a large Kroger. HEB has one not far at Fountainview. and Randal on San Felipe.

Also, the only financially feasible development will have to be some form of high-rise whether it’s condos, apartments, or office. The land is simply too expensive for anything else.

]]> By: Pumapayam http://swamplot.com/turnberry-tower-not-going-to-happen/2008-10-27/#comment-11020 Pumapayam Tue, 28 Oct 2008 14:14:20 +0000 http://swamplot.com/turnberry-tower-not-going-to-happen/2008-10-27/#comment-11020 Replace that block with a mixed use with a grocery store! That will give people a real reason not to drive anymore. Replace that block with a mixed use with a grocery store! That will give people a real reason not to drive anymore.

]]> By: Tex http://swamplot.com/turnberry-tower-not-going-to-happen/2008-10-27/#comment-10996 Tex Tue, 28 Oct 2008 03:01:22 +0000 http://swamplot.com/turnberry-tower-not-going-to-happen/2008-10-27/#comment-10996 But it was such a lovely rendition of a washing machine. But it was such a lovely rendition of a washing machine.

]]> By: kjb434 http://swamplot.com/turnberry-tower-not-going-to-happen/2008-10-27/#comment-10974 kjb434 Mon, 27 Oct 2008 19:01:22 +0000 http://swamplot.com/turnberry-tower-not-going-to-happen/2008-10-27/#comment-10974 Can't say that anyone didn't expect this. With the credit market as tight as it is it's hard to get financing for large projects. Also, the fact that this tower attracted an extremely small market. Just down the road, the Cosmopolitan had a broader market with several units at cheaper prices. On top of that, the 2727 Kirby project already snapped much of Turnberry's market with their high end appeal. Can’t say that anyone didn’t expect this. With the credit market as tight as it is it’s hard to get financing for large projects. Also, the fact that this tower attracted an extremely small market.

Just down the road, the Cosmopolitan had a broader market with several units at cheaper prices. On top of that, the 2727 Kirby project already snapped much of Turnberry’s market with their high end appeal.

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