New Buildings in Memorial City

 Have you noticed the buildings going up on Gaylord, behind Ciro's, Guadalajara's and Denis's??? All that land is owned by Metro National. The first building is an office building. Not sure yet who their big tenants are but I know they are still looking for tenants.

The next building is 5 floors of a parking garage, followed by ?19? floors of RENTAL apartments. The original plan called for a mid-rise high end condominium. The market changed. MetroNational changed their plans. The building will now be rented out as 1,2 and 3 bedroom apartments, ranging in size from 919 square feet to 3 bedroom penthouse units that come in at a bit more than 3000 square feet.  The rents will run from approx. $2100 to $8000/month. For the Penthouses, I would guess they're looking for corporations who want to provide housing for their travelling executives. I truly can't see renting an apartment here for $8000/mo when you can rent a whole house for that. Or not.

There will be a pool on the top floor as well.

Their plans for the future are to build an identical building right next door and rent those out as well. Of course, all this is subject to change, as is most everything else! Then, they are trying to come up with some concept that will give the new Town & Country a run for their money. Shops, restaurants, etc - things that won't compete with what already exists inside the MMC Mall. Higher end and more unique. It'll be interesting to see what they come up with.

Will talk more about Town & Country later in the week. In the meantime I would love to know what you think about these rental buildings et al. Thanks!