Endeavour (building)

Endeavour is a 30-story high-rise condominium building in Pasadena, Texas, in southeastern Greater Houston.

Endeavour Condominiums -- Houston Clear Lake

The building was built in 2008 on the shore of Clear Lake, originally envisioned to be the first of a number of high-rise residential buildings that would be built on the waterfront of the generally low-rise suburban area near the Johnson Space Center. However, damage from Hurricane Ike in late 2008, combined with the property-market downturn of the 2008 financial crisis, led to the developer filing for bankruptcy in May 2009, having sold only 36 of the 80 units. The remaining 44 units were purchased in bankruptcy court in December 2009 by an investment partnership, for $9.5 million plus past-due taxes. The new owners repaired and renovated the building at a cost of $2 million, and relaunched condominium sales in 2010.

References

  1. 1 2 "Endeavour first of many high-rises for Clear Lake". Houston Chronicle. March 3, 2008. Retrieved 2014-12-25.
  2. ↑ "Clear Lake high rise developer in bankruptcy". Houston Chronicle. May 28, 2009. Retrieved 2014-12-25.
  3. ↑ "Bankruptcy court approves Clear Lake condo sales". Houston Chronicle. December 7, 2009. Retrieved 2014-12-25.
  4. ↑ "Wonmore scoops up Endeavour condos". Houston Business Journal. December 16, 2009. Retrieved 2014-12-25.
  5. ↑ "Endeavour tower ready for its second takeoff — And why aren't things built to last in Houston?". Culture Map Houston. June 11, 2010. Retrieved 2014-12-25.

29°33′55″N 95°03′45″W / 29.5652°N 95.0624°W / 29.5652; -95.0624