BTT

11 minutes ago, swtsig said:

 

what part of long term, multi-phase development do you not understand? or preliminary stage? or anything else in that entire article?

 

move along.

What part of the costs to carry real estate do you not understand?  Which part of historical amounts of office and multifamily vacancy and supply do you not get?    I would guess your too daft to even understand how much of a failure (economically) City Center was when first developed.  I would also guess you've never left Texas, nor do you understand the impact of land use regulation on the economics of commercial property in this city.  If you believe in this development so much, get out there, start raising money and buy yourself some nice property in the area to benefit from all the value this $3-4 billion project will create.  Or, don't and continue to blog away internet tough guy 

What part of economic downturn does no one understand?  The developer is actually quoted comparing the site to New York City. 

11 hours ago, mbx said:

I learned today from hearsay that WHCA has already petitioned the city for residential permit parking in Germantown. There is also talk of converting the North St bridge for pedestrian use only when the i-45 expansion begins. 

Converting North St for pedestrian use would hurt this project.  Without its close proximity to the Heights, no one would know how to get to this development.  The parking is going to be a serious issue and I'm amazed the city hasn't interjected with concern over emergency vehicle access