Ashby Highrise going forward with original plan

Posted by Erion Shehaj in Houston Real Estate on Wednesday, March 19, 2008 | no responses

A little over a month ago, I went over a feud between developers of a proposed highrise condominium [ASHBY] project in Southampton and opposed surrounding homeowners. At the time, the developers had agreed to delay permit requests to find a possible compromise that would make everyone happy. In such a spirit, they had submitted a proposal that would allow for a smaller building with a smaller footprint that they felt should alleviate any fears that homeowners had about increased traffic levels.

Well it turns out that the developers are going forward with their controversial 23 story plan after the city had failed (according to them) to give them any feedback on the reduced proposal. Of course, they failed to mention that part of their “attempt to reconcile” was a payment in excess of 2 million dollars that the city would have to make to make up for the foregone profits.

That’s like saying: Sure, we’ll reduce the size… when it snows in Houston in July!