3rd Ward Development


#1

I had reasons to drive through the 3rd Ward on business last week. I was impressed with the level of high end/ high density real estate development that is going on. The transformation of the 3rd Ward is happening much quicker than even the optimists predicted.

What I wasn’t aware of is that 75 % of the current residents of the 3rd Ward are renters. Which means developers are buying tracts of land from landlords instead of owner occupiers. That scenario means development will happen quickly as landlords are easier to come to terms with.

I am very sympathetic to people who fight against gentrification. However in Houston in particular and Texas in general, real estate gets put to its highest and best use without regard to much sense of history.

If the 3rd goes high end/ high density as it appears it will, that is a game changer for the University and attendance at football and basketball games. Over the next 10-15 years the current 3rd Ward will transform to being part the residential area of the medical center and downtown and it will drag U of H with it. UH will no longer be the university in a bad part of town but a high end public university located in a high end residential part of Houston.


(Jimmy Morris) #2

This feels like it will easily degenerate into a political thread but I’ll try not to be the one to start it. I doubt creating a bubble between low income housing and the University of Houston will have a positive impact on UH football and basketball recruiting.


(PMM) #3

So, you are saying that most of the players who come to UH is because it is in the 3rd ward ??

Than why do so many of those same players go to College Station ?

Geez…!


(Jimmy Morris) #4

Who said anything about most or even half? I said it won’t have a positive impact. Are you saying that some players stay away from UH because it’s too close to third ward?


#5

No, attendance and the whole on campus experience improves. High density / high end brings with it bars / restaurants and rebrands the U of H area.


(PMM) #6

NO !!!

You are the king of strawman arguements !


(Jimmy Morris) #7

I said it won’t improve recruiting and you turned it into me saying we lose most of our current recruits. How am I the one using the straw argument ole king of hyperbole?


#8

Couldn’t we all agree that the 3rd ward, being situated next to the Med Center and Downtown, is going to be developed in a big way. It is a keystone that attaches the Med Center, Downtown, U of H, Rice University and TSU.

The people I was with last week said the developers moving in are significant. They also seemed to think that the area could develop into a night club and live music area for Houston as it is the home of the blues in Houston.


(norb) #9

That’s a silly argument. Rice is right next to the Med Center, had rail way before UH, is smack dab in the middle of the most gentrified, richest zip codes in Houston with residential towers surrounding it, and it hasn’t helped their attendance one bit. Heck you could walk in for free after half time not to long ago.

The only thing that helps attendance is winning. End of story.


#10

What ever happened to the University Place project? I guess it was too aggressive. It could have really given a boost to the 3rd Ward redevelopment.

http://swamplot.com/a-first-look-at-the-strip-center-and-apartments-combo-that-could-go-up-between-uh-and-tsu/2013-09-23/

http://www.laidesigngroup.com/project_university_place.html#prettyPhoto

http://www.laidesigngroup.com/single-post_mixed_use_means_multiple_revenue_streams.html

university_place_thumb_2


(Patrick) #11

LAI Design opened an office in Houston in 2017 and the project is still listed on their website.

Guessing they still need investors for the project. Could take awhile.


#12

Well talking about revitalizing. If they can do what’s in that aerial view, that would be awesome for the area.


#13

Improving the area around UH can only be beneficial for the University, students, visitors, staff, coaches, and everyone else. There’s a large bubble between low income housing in Houston and Tuscaloosa, but that wouldn’t stop anyone from playing for Alabama.


#14

Not many students will be able to afford it but this shows how things are changing in the area. The location is next to Campus Vue on Calhoun Rd.

Luxury apartments to break ground on former frat house site near University of Houston

safe_image


#15

I think the 3rd Ward is the next big real estate play in Houston. It is perfectly situated between the med center and downtown. Plus 75% of the real estate is not owner occupied. You know landlords, they will sell anything (including their mothers) at the right price.


#16

Knew some Sigma Chi’s before they got the boot. Some horrible things went on in that house.

Glad they’re turning it into an apartment complex, but man I wish they brought back Greek Row on Mcgregor


(Kyle Caesar) #17

3rd ward development can only help UH. I’m sorry the historical legacy of 3rd ward isn’t something pleasant for a lot of people. I think the 3rd ward is on it’s way to being the next heights.


#18

3rd Ward would take about 10-15 years to resemble anything like the Heights.

The area north of UH to 45 and northwest of UH are prime for redevelopment because of the many vacant lots. I hope UH is buying some of these properties for expansion. They could put large parking lots there and when needed, repurpose for facilities.

South and southwest of campus are good residential areas. If they don’t have HOAs, they need to get them to keep their neighborhoods up to better standards.

If the property north and northwest of UH develops property with apartments, shops, restaurants and bars, the home values south of the campus will definitely rise. Hmmm, I better start looking.


(Patrick) #19

UH isn’t buying those properties, but real estate folks are starting to grab them. Lot more apartments and other things are starting to go in around campus.