New electrical and HVAC systems, ADA-compliant restroom facilities and a new storefront and entrances are among the $250,000-worth of upgrades to the building.
The project is expected to be completed by September. Karr's firm recently completed a similar project on the next block of Cordell, and is currently working on an even larger project for Greenhill Capital along St. Elmo, Norfolk and Fairmont Avenues.
2 comments:
Excited for improvements always but this seems like lipstick on a pig - kind of like the Greenhill kart projects, which are all half done really and take forever and sit vacant.
Really this needs to be assembled and density and height need to be added. $250,000 of renovation just ups the cost when someone does purchase and knock down.
Depends on the objectives of ownership. If they want to hold long-term, the retrofit makes sense (assuming they're not going vertical.) if they want to sell for assembly/redevelopment: the $250,000 investment does not make sense.
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