I would love someone to come buy me out here.. I am probably next especially if the arena goes in here..
Today demolition permits were issued for all the buildings on this site.
Hopefully we'll see some sort of construction announcement soon.
Here are all the properties owned by this group -- the one outlier is a tire shop that they are probably negotiating on.
The total acreage is just over 11 but they would almost certainly close SW 2nd which would give them a couple of more.
nice...
Closing 2nd Street would make sense. I don't like closing streets but with the new Boulevard replacing I-40 it would make using this land very difficult. Once the the Boulevard goes in I can see them closing 2nd between Lee and Walker as well.
The would certainly have to keep Hudson open and probably even Harvey -- at least to pedestrians.
I hope these guys have a lot of money behind them because this site is pivotal to not only the new downtown, but as an entre to Core to Shore.
It's also a fantastic location in general... Could be almost anything from hotel to condos to retail to office.
So has anyone heard any rumors of what will be built? All we have now is retail and housing, I am pretty sure somebody knows something?
Well Bob Howard is in on it to, and its a joint venture, and I am pretty sure there are more people involved then just them...I am thinking $50M to $75M project...
Yeah, I'm also pretty sure this is more than just Hall and Howard. I wouldn't put the ceiling at $75M, I was just setting a realistic floor, I guess.
There is just absolutely no way to tell if they're thinking $50M or $200M.
Wow, just wow. Uh, yeah, I know who Fred is...
Also it's "to bear," and that was Banta who pulled out of Midtown a while back.
hopefully we we can have an announcement within the next few months, giving us something more solid to speculate on...
Let me rephrase that then - what do you consider super loaded? Keep in mind that Fred Hall derives his networth and income from private companies so places like Forbes have no idea how much he is worth so they don't report on it.
Fred Hall was CEO of the private-family owned company that owns the building OCU was going to move into.
Oh, and one more thing Kerry, the project is going to surprise people either way...
That is for sure. In fact, I have been doing some quick investigative work (Fred Hall is kind of hard to track) and I wouldn't be surprised if this project turns out to be much bigger than we can imagine if he decides to bring all of his operations into one location.
Greg told the public he sold his interest on his own volition. Not sure if it's worth debating in light of what he said.
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