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Austin55

Member Since 03 Jul 2008
Offline Last Active Today, 10:35 PM
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Posts I've Made

In Topic: Deco 969 - 27 Floors, 315 ft. - 969 Commerce St.

Today, 04:11 PM

I counted up the number of units available per the website. Of the 302 units, 276 are available right now, meaning about 8% of the building has been leased. 


In Topic: Fort Worth Stockyards

Today, 11:22 AM

Does the existing building have historic protections?


In Topic: TCU Medical School

Today, 08:17 AM

Almost done!

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In Topic: Burnett Plaza

Yesterday, 01:32 PM

The Burnett Plaza story has started to blow up and I've seen it all over. It hit Fox Business the other day and has been a big talking point since about the decline of commercial office property. 

I'll paste a comment that I saw in an FB group that explained the situation,

 

the missing info here is that this was a bank buy-back after the buyer defaulted on their loan. So the bank is only paying a fraction of the cost, because they already basically owned the building given that the buyer hadn't paid off the loan they took out from the bank to buy it. It still represents a decline in the commercial office space market, but not a 90% decline


In Topic: City will allow developers' ideas for Woodhaven

09 May 2024 - 11:08 AM

The now-closed Woodhaven Golf Course has been purchased by a local development group headed by Will Northern: https://fortworthrep...woodhaven-area/