Anonymous wrote:Anonymous wrote:According to the latest plans, the community will get all of the negatives - no tax revenue, no new retail, no new anything.
I hope those who vigorously opposed the previous plans are happy.
Cry me a river. All GDS -- and their crony developer partners hiding behind the curtain -- have to do is to build a project that doesn't violate the zoning laws. If cmplying with zoning is a problem for them, then they can sell to a less greedy applicant. I can wait until then. It's not like the Wisconsin corridor is exactly a retail desert....
Anonymous wrote:According to the latest plans, the community will get all of the negatives - no tax revenue, no new retail, no new anything.
I hope those who vigorously opposed the previous plans are happy.
Anonymous wrote:Anonymous wrote:I think that is by abandoning developing the Martens site nd just building on the Safeway portion.
That will be a huge cash albatross for the school until they can dispose of Martens.
I heard they are on track to campus unification by 2020, by using the Safeway site as planned.
My guess (and purely a guess, since just an interested neighbor) is that GDS will flip the Martens property. Real estate prices continue to climb, and maybe they will end up at least even, if not ahead.
I'm truly scared though of what a new developer will do with the Martens property. I'm guessing we will all rue the day when we pushed back against GDS developing it. If it just goes to the highest bidder, God only knows what monstrosity we'll have on Wisconsin Avenue.
Anonymous wrote:I think that is by abandoning developing the Martens site nd just building on the Safeway portion.
That will be a huge cash albatross for the school until they can dispose of Martens.