Let’s see . . . there was today’s planned foreclosure auction for Wilshire Village. What else does Matt Dilick of Commerce Equities have going on?
Swamplot’s neighborhood correspondent for Bellaire reports on Commerce Equities’ proposed development on one portion of a couple of long-vacant tracts at the northeast corner of Bissonnet and Newcastle:
The plots of land at 4400 and 4500 Bissonnet, between Newcastle and the Centerpoint service center, are being cut up and sold. . . .
Evidence of surveying and subdivision in recent weeks has recently given way to signboards indicating that the north third of the open land at 4500 Bissonnet will be cut up into six residential lots while the two-thirds fronting Bissonnet is reserved for commercial. The next block over, across Howard Street, commercial space is being developed to open before April of 2010. According to flyers on broker David Nettlesâ€™s website, approximately 62% of the 20,000-some-odd square feet of office space is still available.
But the two parcels — totaling almost 4 acres — have more of a connection to Wilshire Village than just the involvement of Dilick.
The properties, which our correspondent calls “the last patch of undeveloped grass holding out in Bellaire,” were also owned for many years by longtime Wilshire Village owner Jay H. Cohen. HCAD reports the 4400 Bissonnet parcel’s most recent owning entity, a partnership called East Bissonnet Ltd., took control in May of this year.
The parking lot of the 2-story strip center planned for that site, designed by Identity Architects, would face Bissonnet. Our correspondent notes that a version of the rendering in the LoopNet listing features the Texas Children’s Hospital logo (presumably for a new cerebral palsy respite center) on the single-story portion of the structure.
- 4400 Bissonnet (PDF) and 4500 Bissonnet (PDF) [David Nettles]
- 4400 Bissonnet [LoopNet]
- Surprise! Wilshire Village Facing Foreclosure [Swamplot]
- Comment of the Day: Wilshire Village Payment Due [Swamplot]
- Comment of the Day: Grand Unified Wilshire Village Conspiracy Theory [Swamplot]