That Central/1st/McKinley/Fillmore block needs a tower. Just a single tower there would really tie everything together, even if it only a 250-footer. Obviously hoping we get more than that.
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There was talk several years ago about someone developing that block. The group who was touting a possible development unloaded it last year to a local land-banker. Here's their "about us" from glasircapitalpartners.com
"Glasir Capital Partners is a boutique real estate investment company based out of Phoenix Arizona. We specialize in the acquisition and disposition of real estate assets offering deep value added opportunities (distressed debt, REO assets and assets in foreclosure). During the downturn, the company acquired and resold over 1,000+ single family homes and then transitioned into purchasing, repositioning and selling office and multifamily assets around the country. We have recently expanded our scope to include the development, ownership and management of a hybrid single family detached rental product known as "horizontal apartments". The company historically and currently continues to assemble strategic parcels of land which are then entitled and resold to various developers." The group who owns the parcel directly south of The Stewart is an apartment developer who does primarily senior housing. They also own the Westward Ho. I'll eat my sock if anything significant happens with that parcel in my life time. |
I think that lot was put up for sale but anybody actually serious about it selling it would take on the risk of remediating it. It has "underground storage tanks" which are probably the buried remains of a speakeasy/distillery and the bowling alley that someday will meet a day of reckoning. I also believe that Glasir is marketing the site along with the C-shaped Schneider and Schneider lots two blocks to the north.
A developer would have to be really gung ho about a big project with a lot of money to spend to take that whole thing on. |
Banner up on fence for Palmtower. Thinking we could be getting another groundbreaking soon. ;)
https://i.imgur.com/fQkIOhD.jpg |
Man, I didn't realize this thing just dwarfs the existing towers. Should have a great impact on the skyline.
https://www.nadg.com/property/palm-court-tower/ |
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We have been waiting for this one for a long time. Hoping it finally gets started.
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Any word on Astra? They were originally looking at a Q3 groundbreaking weren't they?
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Safe to assume that The Edith (Berger) is dead?
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That would be pretty incredible to have all of these towers under construction downtown at the same time next year:
Moontower Skye Palm Court McKinley Green Astra (tower 1 & 2) Central Station The Edith A couple other long shots as well. Barrister, The Blue, Link Phase 3, etc. |
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