Quote:
Originally Posted by buzzg
I think this is a fantastic use and layout of the fairly awkward land they have. Great development IMO, well scaled for the area. I'm curious if they tried to buy those other two houses there and the owners didn't want to sell right now. Maybe holding out for land value to rise there more?
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I would think that's certainly what happened here... the developer likely offered a price, the owner rejected, the developer decided to go ahead without a deal.
Quote:
Originally Posted by buzzg
Ok this part is weird/dumb to me, from the website:
Wouldn't it have made more sense for the city to just keep this part of the land, instead of force someone to buy it, even though they can't build on it, and then have to buy it back (for sure at a higher value) 5-10 years later when it's time to build the corridor?
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Good question, I don't get that at all. Is it simply an issue of there not being funding for the next leg of BRT (including land acquisition) yet?