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Vacant Houston warehouse becoming affordable loftsVacant Houston warehouse becoming affordable loftshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=116382016-01-05T06:00:00Z

​​​HOUSTON – The former Waddell's Housefurnishing Co. warehouse in East Downtown will be converted into residential units called Sampson Lofts next month.

Located on the 800 block of Sampson St., the 103-year-old property consists of two separate buildings totaling​ around 120,000 sf. The property is expected to accommodate 94 rental units, averaging 700 sf at about $1,050 a month. 

The loading dock between the two buildings will be converted into a communal area, including a fire pit, sitting areas and a bocce ball court. ​

The property​ is owned by Caspian Enterprises' Mir Azizi, who purchased the building from the Waddell family in 1998.

Designed by Cisneros Design Studio Architects LLC, the $15 million redevelopment is slated to take two years to complete. 

Houston Business Journal
Houston-The Woodlands-Sugar Land
Multifamily
http://www.bizjournals.com/houston/morning_call/2016/01/vacant-eado-building-to-be-converted-into.html?iana=ind_creRead more at {Source}

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