Whats going on with the old building at College and Morphy?
Posted 13 October 2008 - 08:15 AM
Posted 14 October 2008 - 07:47 AM
Posted 14 October 2008 - 10:57 AM
Unfortunately, I don't think the posted notice has anything to do with the building, but rather an alley vacation by the city. I don't know this for sure, but the residents of that block and the surrounding area received notices in the mail regarding the alley vacation. I fear the options for the bulding are very limited at this point, given that there is no place for parking.
Posted 14 October 2008 - 11:32 AM
Posted 14 October 2008 - 08:05 PM
Posted 15 October 2008 - 01:09 PM
I agree. The guy that owns it is the the guy the ran the ballet company. I think he wants $500,000 for it. College Avenue BC doesnt have that kind of money - not even close.
Its a great building, I had an opportunity to tour the inside once. It needs a LOT of work, but has tremendous potential. I wish something could be done with it.
Posted 15 October 2008 - 01:16 PM
Posted 15 October 2008 - 02:47 PM
Posted 15 October 2008 - 04:49 PM
Posted 15 October 2008 - 06:01 PM
Posted 15 October 2008 - 10:22 PM
Posted 15 October 2008 - 11:22 PM
$20K for the land, 100 bucks for the building. Address is 1329 College Ave for anyone who's curious.
That alley vacation has me wondering...it's entirely possible (speculating here) that the owner is looking to buy that surplus property from the city to provide parking for this building (why else would you vacate the alley?)
It all depends on which alley was being vacated (either the one to the north, or east of this building). If it's the alley to the north, it might be wide/deep enough for a single-family house to be built on that lot.
Posted 16 October 2008 - 07:22 AM
The owner is clearly smoking something interesting asking that kind of money - I've heard he's a, shall we say, interesting fellow. I still say the building has potential for somebody who could come up with a creative solution to parking if it was being sold for a reasonable price.
Me? I'd turn it into a clean and well-kept hotel or hostel, market it towards alt-cool travelers who would take transit and walk or bike. Ride the TRE to Fort Worth and hop the bus (or later, the streetcar) real quick to Magnolia, and stay at the College Avenue Inn for a while. Take in the neighborhood. Maybe open up the pool to the neighborhood.
But that's just me.
EDIT: And if parking is really such a big deal, then valet park over at the Magnolia Green garage about three blocks away. Get a pedicab or tandem bike for the valets to use if they don't want to run.
Posted 16 October 2008 - 08:44 AM
I'm no engineer, but it looked as though steps were taken to shore up the structural integrity of the building. There are large steel beams running the span of the floors that tie to large supports on the east side of the building. There was some kind of sinking on the north east corner that happened like in the 40s or something, but I think that has been contained.
Posted 16 October 2008 - 09:04 AM
Just to clarify, the alley vacation is not for the main alley running north/south through the center of the block, but for another alley running east/west between lots on the north side of the block. I'm not sure why the City posted the notice where they did.
As someone who lives near this building, I can testify both to the "interesting" nature of the owner and the delusional price he has quote some folks, though I have also heard that he at times has quoted a much lower figure to seriously interested buyers. It will indeed take a creative solution to solve the parking issue. I hope somebody with the money to buy the building comes up with one.
Posted 16 October 2008 - 01:40 PM
That explains where I got that clever idea. I forgot about Joe's project! I have to rely on outdated Google Streets these days to see what's going on
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