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[quote=Anonymous]Instead of a commercial developer trying to maximize his profit at that site, what we'll have is both a commercial developer trying to maximize his profit at the site and a school trying to create revenue stream large enough to prevent tuition increases (for 1200 students) and to increase financial aid. Having GDS in the mix just increases the amount of revenue extraction necessary to make a development project viable. From the developers' POV, having the school do the PUD offloads predevelopment costs and represents the best chance for maximizing allowable density since the whole campus can be used as a basis for determining how many SF can be built. GDS will argue that all the unused development capacity on land devoted to the playing field, green space, and lower scale academic buildings should be transferred to the Wisconsin Ave frontage. That's an outcome a developer purchasing the Martens property probably couldn't achieve on his own. [/quote]
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