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October 17, 2005

Eibands Building Renovation

Renovations began today on the historic Eibands Building, 2201 Postoffice Street to convert the property into luxury condomiums by Karam Development Interests.

"Contractors will raise the roof on the Eibands building beginning Monday, to make way for higher ceilings as part of the major renovation of the historic Galveston property," said publicist Mary Jo Naschke in a news release..

The Eibands Building was built in 1840 as a three story professional building then known as the Ballinger & Jack Building.  The Supreme Court of Texas was seated in the building from 1875 until 1890 when it was expanded for Eibands Department Store.  James Earthman eventually purchased the property to be used as an antique gallery.         

Eibands Luxury Condominiums will feature twenty-four high end luxury condominiums.  The first floor has been purchased by Jacques and Pamela Passino and will become Jacques Fine Antiques & Interiors.

The creative team for the Eibands project is Pinnacle Construction, Eubanks Group Architects, and Mikel Reper, interior designer.

“The activity downtown, and the interest in Eibands, specifically, is phenomenal," said V.J. Tramonte, owner of Joe Tramonte Realty and listing broker.  “We were concerned that the aftermath of the hurricane would affect interest in Galveston properties, but it hasn’t.  We’re very pleased with sales at Eibands – we’ve barely begun construction and only have seven units left.  We hope to sell the remaining units before the year’s end.” 

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