An Atlanta developer is converting this historic building on the Strand in Galveston into a condominium project the company says will have an authentic loft feel with exposed brick and wood beams, iron arches and tongue and groove pine wood floors.
“This is just a really cool old building,” said Will Stolz of SF Capital, which is converting the five-story structure. “If you imagine in your mind what a loft ought to look like, that’s this building.”
Located at 2400 Mechanic St. across from the Tremont House hotel, the 1890 property was developed for Clarke & Courts Printing. In 1994, Houston developer Randall Davis converted the building into residential rental units.
Atlanta-based SF Capital recently purchased the property and is in the process of converting the units into 37 one- and two-bedroom condominiums ranging from 900 square feet to nearly 1,900 square feet. Prices start in the low $200,000s. The building, called the Strand Historic Lofts, has garage parking, a fitness center and rooftop deck. The Marketing Directors is handling sales.
The developer is spending more than $100,000 upgrading each unit.
“Basically what we’re doing is kitchens and bathrooms,” Stolz said. “We’re using top of the line hardware, counter tops, cabinets, appliances. The whole nine yards.”
Article Written by Nancy Sarnoff of the Houston Chronicle.