Reply to APS - First Career Center Concept

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Here is just a little thought experiment. Suppose APS decides they do not want to build a below grade garage. That leaves $30 million for some other APS venture. Why don't they just buy the Highland Holdings property south of 9th St and north of Columbia Pike? That economic unit includes 3045 Columbia Pike and 901 S Highland St shown in red below.  
[img]https://i.imgur.com/5WyyAZI.png[/img]
Of course they have to make a good offer but looking at the recent tax assessment of that economic unit (https://propertysearch.arlingtonva.us/Home/Assessments?lrsn=42094&sequence=2) it is approximately $8 million. Suppose that assessment is off and APS pays $13 million for everything. That gives us what appears to be ~240 parking deck spots and lots of room for future school expansion. (I guessed the number of parking spots by counting the ones visible on the top and multiplying by 3.) The cost for one level of below grade parking is $15.5-16.9 million (see slide 18 of https://www.apsva.us/wp-content/uploads/2019/12/191203-BLPCPFRC-Meeting_6_Final.pdf) so if APS decides in the future to put in parking under the field, they at least "saved" some money for it. Or maybe they could build on top of the existing garage for possibly half as much money?

This is not a unique idea as it was presented during the Career Center Working Group (see slides 18-25 of https://www.apsva.us/wp-content/uploads/2018/03/Long-term-Site-Optimization.pdf). Of course this all hinges on the business owners wanting to sell, but at least the Ethiopian Community Development Council has already signaled an interest in selling to the county (https://www.arlnow.com/2018/09/11/working-group-to-aps-career-center-should-open-as-an-option-school/). [/quote]

He does want to sell.  Arlington County simply doesn’t want to buy it.  Doesn’t matter how much those of us close to the project ask for reason.  End of story. [/quote]

County wants to tax that property, not own it.[/quote]

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