Man, this sure is some pretty harsh commentary on a structure that barely has any exposed exterior finish let alone any current photos. I drive by 5-6 days a week and it’s tough to know whether or not this will be a winner or loser.
Good idea. For a slightly cheaper and single land-owner alternative that could start today (if this big bureaucratic, risk-adverse land-owner wasn't those things), compress the cross-section of over-built University Drive and over-built 24 Ave so they aren't a weird 1970s arterial and add good sidewalks. Take the random green space between the houses and the arterials and rezone for mid-rise/high-rise apartments. Kensington offers a local example of what you can do in similar cross-sections. Add a few hundred apartments *actually* walking distance to the university. Boom, we switched a commuter school into an actual university district, and puts some density on actually liveable streets rather than at highway interchanges.Yeah. With a significant investment and vision, the street network should be redone, and a large area upzoned, with a new connecting street between Foothills and main campus being the long term goal (lower polygon), with a medium term goal of creating a better active transportation route (upper polygon).
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I'd guess could buy everything in this parcel (about 18 acres including existing roads) for around $100 million with quite a bit of premium above market value:
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