View Single Post
  #29  
Old Posted Jul 16, 2019, 3:06 AM
Mr Downtown's Avatar
Mr Downtown Mr Downtown is offline
Urbane observer
 
Join Date: Nov 2006
Posts: 4,387
Things I learned at tonight's meeting:
  • DPD has only had one meeting with Landmark Development, and requested something like 17 specific pieces of information. None have yet been supplied. Though they won't publicly say so, they seem as puzzled as other observers about how this deal could make any sense whatsoever.
  • The Central Station PD has at least 2000 dwelling units approved but not yet used. It also has 3.1 million sq ft of office and 2,500 hotel keys that can be traded in (at the rate of 3:1) for additional dwelling units.
  • Some 4.7 million square feet of bulk is approved and not yet used. For comparison, what's built in Central Station (and approved, such as NEMA's sister) north of 14th St. is around 5 million square feet.
  • The PD includes language that vests the approvals once certain amounts of development took place within a specified time. The usual rule is that property owners have no rights to their future zoning, but in this case they apparently do.
  • The city's new Zoning Administrator, Patrick Murphey, is a pretty sharp guy who can get to the point clearly.
  • Most of the neighbors who ask "questions" at public meetings like this . . . not so much.

Last edited by Mr Downtown; Jul 16, 2019 at 8:59 PM. Reason: corrected figures after rechecking presentation
Reply With Quote