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Filling Station Lofts Cancels Sales

December 9, 2016 by Lucas Lechuga
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After only 6 months of marketing, Filling Station Lofts has cancelled the sales of their loft units and will instead operate as a rental building.

With its true industrial-style lofts, Filling Station is a unique building to the area. There is only one true alternative for those who are interested in owning an industrial loft in the Art & Entertainment District, the Filling Station's sister building, Parc Lofts. Other loft buildings offer what I call Miami-style lofts. Those have the open living area and duplex-style bedroom area, but are more finished. They do not have exposed ducts, or concrete walls and floors. Instead, they typically have white porcelain tile floors and contemporary finishes.

Parc Loft was built in 2005 and opened as a success, which spurred the beginning of Filling Station. Unfortunately, the market changed in the midst of Filling Station's construction and the original developer went bankrupt, leaving the building in a shell from 2008-2014 when it was completed by a different developer and opened as a successful rental building with a waiting list for availability. This summer, the developer decided to try his hand at the sales market again, offering the units first to existing tenants of the building and then to the open market. They applied for Fannie Mae approval but it seems were just too late to the party. As for now, the building is more successful as a rental than as a condo.

For those who would like to live at Filling Station, have no fear. The building does have select inventory available now. Contact us in order to set up a tour and get the most updated pricing.

Filling Station 1

Filling Station 2

Filling Station Bath 01

Filling Station Bed 01

Filling Station Kitchen 01

Filling Station Kitchen 02

Filling Station Kitchen 03

Filling Station Kitchen 04

Filling Station 3

Filling Station 4

Filling Station 5

Filling Station 6

Filling Station 7

Filling Station 8

Filling Station 9

Filling Station Bath 02

Filling Station Bath 03

Filling Station Bed 02

Filling Station Bed 03

Filling Station Kitchen 06

Filling Station Kitchne 05

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Observer

Curious. What is the size of the unit shown and what price were the asking when it was offered for sale? How will they handle situations for those units that did sell?

Sarah Elles Boggs

The photos are of several different apartments. They range in size from 833sf to 1,671sf and were being offered for an average of $600/ft. To be honest, I don’t think any sold. The tax records don’t show anything. If there were some sales, those people would be able to close and live there or lease them out, just all of their neighbors would be renters. That happened in the Cynergi building in Midtown a few years back.

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