See the neighborhood by an interactive panoramic view, Discover the shortest trip to take from a location to this home, Check travel time to this home during typical traffic conditions. Today more Houston residents as well as visitors see Downtown as a place to do far more than workDowntown is now a place to live, dine, visit, play, enjoy the arts, worship and learn! Considering how much trouble they had getting this together, it's likely the final product would've turned out to be cheap and sub-par along withbeing a bad design. Someone should get them a subscription to 102IAHexpress's real estate investment newsletter before they all lose their shirts developing in downtown Houston. This is currently a parking lot and has been for at least 10 years. I like the old warehouse much better than those apartments. And hell we were all complaining about how this stuck out like a sore thumb in the middle of old brick warehouses. 16112 North Fwy #1624, Houston, TX 77073. Enter the percentage amount you expect your house to appreciate by each year. There is a very structured process for contractors and subs to file suit for foreclosure. Bike Score measures the bikeability of any address. WebBuilding overview. Houston, TX77019 Opens in a new tab Phone Number(713) 521-3233 Their team is incredibly small and it doesn't look like they have any dedicated team members that work in Houston, so no developer on site. Contact us today to discuss your new apartment and find your new home at Sovereign at the Ballpark. Enter 28% simply as 28 (do not include percent sign). View All Hours T.B. Youll have excellent transit living in this area, with several nearby transit stops. Our professional team will be happy to help you find your perfect place. Enter .5% simply as .5 (do not include percent sign). Buffalo Bayou Park with access to running and biking trails, River Oaks Shopping Center, and River Oaks Theater. ACRES Capital Corp. has provided a $49 million construction loan to fund the completion of Sovereign at the Ballpark, a downtown Houston apartment community. The project resumes construction amid an increase in the number of multifamily units being developed in the nearby market, including 500 Crawford, Catalyst, 1414 Texas Downtown, Market Square Tower and Aris Market Square. Now Pre-Leasing Brand New Luxury Downtown Community, Gourmet kitchen - tile backsplash & granite countertops, Vinyl laminate flooring, framed bathroom mirrors, 9' ceilings, Focus on your well-being in our state-of-the-art fitness center, Step into ultimate relaxation at our sparkling pool, Invite friends for a good meal at outdoor cooking areas, Business center equipped with WiFi and printers, Catch the big game in our game room lined with big-screen TVs, Take advantage of complimentary Wi-Fi in amenity areas, Relax in our resident lounge and clubhouse, Enjoy the privacy of your own enclosed garage. ACRES Capital Corp. originated a $49-million construction loan to fund completion of Houston, Texas 77002, 1-2 Br LBC2HTX, Check-Out Time: 12:00 PM. Please contact the school district to determine the schools to which this property is zoned. Construction is anticipated to take 12 to 14 months to complete. (And I think they left off a fifth one, on the block just north of Metro's HQ, and a sixth in the works by Hines) Haven't these developers gotten the word that downtown residential "demand has been ehh"? I hope it turns out the streets are correct and the address isn't. They definitely aren't the sharpest knives in the drawer. 2023 Multi-Housing News. View 1 Bed, 1 Bath Model Floor Plan Details, View 2 Beds, 2 Baths Model Floor Plan Details, Language: There are no available units at this time. Its one block away from Minute Maid and across the street from the bayou - which is the namesake park? Get coupons, hours, photos, videos, directions for Sovereign at the Ballpark at 101 Crawford St Houston TX. Construction is expected to resume at Sovereign at the Ballpark in downtown Houston. Sovereign at the Ballpark has 3 parks within 1.4 miles, including Minute Maid Park, Discovery Green, and Super Happy Fun Land. Just looking at the condition of the metal in the old building made me glad I got a tetanus shot this week. A Chronicle investigation reveals the extent of the ballot paper shortage in Harris County's November election, including how the shortages could impact the future of Texas' election laws. More than 2,000 down payment assistance programs to help reduce your costs of homeownership. Sovereign at the Ballpark encompasses six stories over a two-level, concrete parking structure, with amenities including a swimming pool, fitness center, game room, golf simulator, clubhouse, coffee bar and barbecue grills. Unless someone was of a mind to buy it up and continue on with the bones of the "Regalia" design, this is going to be a blighty mess for a while, but at least it's a different blighty mess than what was there previously. The new loan enables Sovereign Properties to take control of the project and refinances an earlier construction loan that was issued in 2018. Receive informative articles, local market statistics and helpful information. Sovereign at the Ballpark is near William P. Hobby, located 12.4 miles or 23 minutes away, and Houston George Bush Intercontinental, located 18.8 miles or 22 minutes away. Office Hours Here is the full rendering of the Regalia at the Park in downtown Houston at 100 Congress, the one posted above is cropped. Which it sounds like is happening below, they probably misrepresented to the two lenders who was a priority to foreclose on a property that was underwater, which is fraud. Living in Warehouse District provides easy access to William P. Hobby, located just 23 minutes from Sovereign at the Ballpark Apartments. Sign up for Connect emails to stay informed with CRE stories that are 150 words or less. They've done the Dolce Living communities around town, which is kind of scary. Looks like they do mid-rise apartments. Turned out the owner had never even filed for a cert. Typically, if you plan to move out of a home in less than 5 years from the date of purchase, you may be better off renting. The dog went crazy barking and scared the hell out of them too. Image courtesy of ACRES Capital Corp. Nearby cities include Bellaire, Stafford, Galena Park, Sugar Land, and Missouri City. By Sovereign Properties will resume construction on a mid-rise apartment project near Minute Maid Park in downtown Houston after securing new financing. Love how the official website takes you to this page lol. Wait, four large multi-family projects either under way or expected to start soon? These projects are frequently structured using single purpose entities. The property is situated at 101 Crawford St. in the redeveloping Warehouse District, blocks from the Houston Astros Minute Maid Park. You foreclose on a property, not a company or owner. There was actually a height chart on the inside of one of the doors. https://www.bizjournals.com/houston/news/2018/04/19/exclusive-luxury-multifamily-project-to-break.html+&cd=2&hl=en&ct=clnk&gl=us. Enter the annual interest rate of the morgage. I think this new development is on the block they said (which is yellow in that old Surge homes picture), and they just don't know the addressing downtown well enough to give it the correct address. I have google earth pro and there is a full block of variant buildings. Earlier this month, ACRES originated another 18-month term loan for the second phase development of The Cottages at Ridge Pointe in Athens, Ga. Sovereign at the Ballparks apartments will feature granite or quartz countertops, stainless steel appliances, plank-wood flooring, walk-in closets and in-unit washers and dryers. Is a dynamic platform to search for, list and promote multifamily listings nationwide. TX Always beware of scams. Houston is also surging after a rocky start to the season and sit tied atop the American League West with the Texas Rangers. Dollar Dog Night - Every Tuesday night at Minute Maid Park is Dollar Dog Night presented by Texas Chili Company. This property is situated in the Warehouse District area of Houston. Factors that influenced these ratings include building design, construction, exterior spaces, and amenities. Ft space, with a living room with a 50 foot wallof nice tallwindows. Its got a certain charm to it. We felt, based on where they are today and their plan moving forward, they can meet that timeline, Reasoner said. "Sovereign Properties will resume construction on a mid-rise apartment project near Minute Maid Park in downtown Houston after securing new financing. In addition to jobs, downtowns restaurants, bars and nightlife are draws to millennials, who frequently choose renting over buying. The 32% is not fraud it is justdeceitful (edit). ft. apartment is a 2 bed, 1.0 bath unit. WebDevelopment | Downtown Houston [Under Construction] [Residential] Sovereign at the Ballpark N/A 6-story, 229-unit residential building. Absolutely! This is similar to the project overlooking the 45/59 interchange. The Allen or Regent Square or Buffalo Bayou Place seem like examples of developments that would warrant that high risk not a 5-6 story nothing that is plain as Mary-Jane. It would be WONDERFUL if this was somehow reused and not demolished!!!!!!!!! Walk Score measures the walkability of any address. So get a head start on your move. ", https://www.houstonchronicle.com/business/real-estate/article/Stalled-downtown-apartment-project-to-resume-15018116.php. Acres is fully aligned with our vision for Sovereign at the Ballpark, and was able to provide the attractive loan terms and flexibility required to complete the project, Krivor said in a statement, adding that the development further contributes to downtown's transformation into a true live-work-play setting.. Sovereign Properties has taken control of the project with the new loan, which also refinances a construction loan issued in 2018. Schedule your appointment, or drop by for a visit for your personal tour today. I hope you are right.. the trendy stained wood thing will look dated almost immediately unless they do it right. This almost always hurts a project because often times the "friend" that is hired isnt one that can actually do the job. ACRES Capital Corp. has originated a $49 million construction loan to fund the completion of Sovereign at the Ballpark, a 229-unit apartment complex at the northeast corner of Crawford and Commerce in downtown Houston. Check-In Time: 3:00 PM. . Avoid Scams and Fraud. Enter the number of years you expect to rent or own the property you are considering. Walk Score For comments, questions or concerns, please contact Amy Sorter. Recreational activities near Sovereign at the Ballpark Apartments are plentiful. I think it would look fantastic cleaned up with full-size windows. English, enter move in date in the format: 2 digit month / 2 digit day / 4 digit year. Glad to see this proposed up there, along with Marquette's highrise. Wow, if this is the project location, there sure is a lot going on and that has been done already. I don't think that this would be anything constituting a crime. I agree, but I think all in due time when 59 is buried. Enter 8% as simply 8 (do not include percent sign). Excellent. ". ET 2023 Houston Downtown Management District. Displayed square footage is approximate. WebSovereign Services Hobby Center Garage 800 Bagby St Houston, TX 77002 +1 713-315-2506. Hot as hell in the summer, and cold in the winter, but the views were worth every penny spent on heat and air. If you enjoy walking, youll enjoy renting in this area! WebCall Us: 832.966.4522 Property List Lofts at the Ballpark Home / Downtown Lofts For Rent / Lofts at the Ballpark $1,340.00 $1,750.00 Residents of these Lofts receive above average customer service and luxurious amenities to complement their spacious apartments. More signs of life yall. of occupancy. Looks like a 6 story wrap. That's good news. This will probably get settled prior to foreclosure. WebLocation. HOUSTON, TEXAS - SEPTEMBER 11: Dameon Pierce #31 of the Houston Texans carries the ball during the first half against the Indianapolis Colts at NRG Stadium on September 11, 2022 in Houston, Texas. Try our new tool that lets you compare home values instantly from leading sources. Looks like it should be on Richmond between Chimney Rock and Hilcroft. The Sovereign is one of Atlanta's most architecturally significant high-rise buildings. With only 82 homes in the entire building, it is one of the most exclusive as well. Luxury amenities at the Sovereign include a vanishing edge pool, Buckhead Club, conference room, concierge and guest suites. 15% is a more typical number, like kbates said. ACRES became comfortable with Sovereigns experience and their ability to reengage the parties involved to execute on their business plan.. Sovereign at the Ballpark has 3 shopping centers within 0.7 miles, which is about a 12-minute walk. Whether they are man-made (Pierce elevated and 59) or natural (the bayou), how do you create a signature gateway for someone entering into the area? HowLoud. Rising twenty-one stories over the banks of Buffalo Bayou, The Sovereign at Regent Square is a modern high rise oasis and the perfect urban home featuring majestic views and the ultimate in comfort and convenience. This has created an ideal environment for new investments such as Sovereign at the Ballpark, which is perfectly positioned to accommodate the surge in demand from an assortment of residents, he said. They crowdfund their equity using unrealistically high returns with no mention of a hold period, not to mention they have a senior note and a mezzanine note to pay off. It's going to be wedged between the Hardy Toll Road on and off ramp when they finish the downtown connector. Here is an image from the beginning of the Surge thread: This the development would be the yellow one, the original Surge site is in red. It will be an issue going forward for any developer wishing to purchase that site, to either continue with something else or tear it all down. Enjoy a signature collection of amenities and sweeping Downtown and Galleria views. This appears to be in a positive feedback cycle, so I suspect more development will follow. This is a carousel. Sovereign at the Ballpark encompasses six stories over a two-level concrete parking structure and has amenities including a swimming pool, fitness center, game Sovereign at the Ballpark is located in the 77002 Zip code of Houston, TX. I spent the morning searching but couldn't find anything on the internet. WebExperience Houston high-rise apartment living with all of The Southmores spacious one, two and three bedroom apartment homes and penthouses with impressive designer nishes. According to local media, construction on the project, originally known as Regalia at the Park, halted in the middle of 2019, due to a disagreement among the developments partners. Webhttp://www.sovereignballpark.c Phone number (832) 415-3552 Get Directions 101 Crawford Street Houston, TX 77002 Browse Nearby Restaurants Nightlife Shopping Show $1,575-$7,152 Ft. 414 Canton Bluff Ln, Houston, TX 77073 + $9/sq ft larger lot 7 years newer SOLD MAR 14, 2023 3D WALKTHROUGH $258,777 F Last List Price 3 Beds 2.5 Baths 1,849 Sq. The Tribune and HARC used data from TCEQs Houston Deer Park #2 stationary monitor to calculate the average maximum level of benzene in the air in Deer Park in March between 2014 and 2018. 855-242-5168. Within 50 Miles of Sovereign at the Ballpark, Apartments in Houston,TX with Utilities Included, Wheelchair Accessible Apartments in Houston,TX, Apartments with a Fireplace in Houston,TX, Apartments with Washer/Dryer in Houston,TX, Income Restricted Apartments in Houston,TX, Short Term Lease Apartments in Houston,TX. WebOwner verified. The miles and minutes will be for the farthest away property. Call Sovereign at the Ballpark at to check our availability today! The more modern addition on the south end of the Wagon Works. Downstairs was a built in safe. Acres Capital Corp., a commercial real estate lender based in New York, provided a $49 million construction loan to fund completion of the project, now called Sovereign at the Ballpark, a 229-unit complex at the northeast corner of Crawford and Commerce. Contact (346) 251-8905 Of course that's a huge wheat town, so money flows like water up there. Doesn't appear to be a knock down - what's going in here? The Downtown District has been a major player in most of the public/private projects that have transformed Downtown over the last decade. On the contrary, I hope you don't take my comment as anything you should apologize for! Another thing - it looks like this might be the leveraged IRR, which is the rate of return after debt payments are deducted, and is a higher percentage than unleveraged IRR to make up for the cost of debt. 77008, 1-2 Br WebSovereign at the Ballpark Apartments 101 Crawford St, Houston, TX 77002 - Map - Downtown Houston Last Updated: 2 Wks Ago Managed By 1 Bed Prices and availability WebBallpark Bar American Inspired by our proximity to Minute Maid Park, Ballpark Bar offers a a great option to grab a crafted cocktail, local draft, and food before or after a Astros game or even after a day of exploring downtown. WebVisit Us. * Square footage definitions vary. Enter the amount of property taxes you expect to pay each year. I'm curious to find out if any of the crowdfunded investors have made any complaints regarding the Houston property. Situated near the George R. Brown Convention Center, the ballpark is located one block west of U.S. 59 and is bounded by Congress Avenue on the north, Texas Avenue on the South, Crawford Street on the west and Hamilton Street on the east. But like I said, I skimmed it. IS a block south. 4.2 mi. 3445 Rosalie St, APT 3, Houston, TX 77004 Apartment for rent Request a tour Request to apply Overview Facts and features Price History Nearby schools Neighborhood Local legal protections Type: Apartment Cooling: Other Heating: Contact manager Pets: Contact manager Parking: Contact manager Laundry: Contact manager Deposit & fees:
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