Ah, the 1900 block of Kimball Street. As recently as 2006, we're pretty sure there were no homes on this block. With dozens of homes having been built in the years since, it's one of the most Graduate-Hospitaliest blocks around. More than three years ago, we visited this block, bringing the construction of a couple of new homes to your attention but noting the continued presence of a vacant lot on the north side of the block. Now it seems that gap will finally get filled in.
Developers bought 1911-1921 Kimball St. a few months back, paying $875K for the six lots. Some quick division tells us that this breaks down to about $146K per lot which is remarkable considering the small size of the lots and the fact that they're half a block from Washington Avenue. Then again, considering the speed at which homes are selling in this neighborhood, maybe they got a decent enough deal. Homes have sold on this block for over $500K, though with a garage, but we still expect each of these new homes to sell for at least $450K.
The developers are coming to the SOSNA zoning committee on Wednesday to present the project. At that meeting, we should be able to see renderings of what the homes will look like. Those pictures, if we're fortunate, will show some architectural diversity, and this block will get something new and different for a change.