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mmm....cigars.. |
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There are several other blocks along Market that seem to have much more upside. The trolley tracks make a good sales pitch when you are selling mixed-use development (convenient transit) but I see them as a magnet for transients. |
^thats why somebody needs to revamp it;)
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do you think Ross dress for less really fits in there?
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cross dress for less? JK...no....is there a ross there? am i missing it somehow?
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yeah...5th and C (approx...)...its just in a strange spot...
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^the City wants to do a lot of things...but where did thier money go? :shrug:
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east village would not have been profitable for businesses if the city AND private industry would not have invested in it. but just because it was an area that seemed unprofitable, does that mean they should not invest? |
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Once Petco Park was approved by the voters, private enterpise did speculate on East Village. The early developers who bought the land for less than $3-$5 million per acre probably did well. The current projects are still sitting there (Pep Boys, Yellow Cab site, Cosmo Square, Strata, etc.) because they don't make sense to build. I don't think that they are going to get built until they are profitable. In hindsight, these owners (along with their equity/debt partners) would probably say that they should not have "invested" in these projects. |
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The C Street Master Plan has been in the paper every so often, but never front page material. Cost... estimated to be around $100million. Could end up being less. Could be more? CCDC is working on the a plan. If you follow the recent stuff you'll learn that the blocks where stations are located are too short, or not big enough, to handle projected riderhip. Lots of trains are there during rush hours and that is where people work, obviously. The trolley is also transitioning to a lower-floor vehicle that can carry slightly more people, but the cars are a bit longer. The C Street master plan will try to create a revitalization for the street, yet also need to handle a lot of trolley service. |
^i love the new trains:tup:
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Here's a pic of a trolley on C Street from a couple years ago. http://i109.photobucket.com/albums/n...0297-Civic.jpg |
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As far as C Street goes, what I was saying is that in order to make a smart investment, you have to be able to see the value in an area before it is apparent to everyone. You have to take into consideration what kind of money is going into the area, what kind of money surrounds the area and what kind of money could potentially come to the area. If I had the capital, I would definitely at least purchase the Theater and hold it. |
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i have never seen one downtown though (thats in service...ive seen a few out of service, heading for the trainyard...)i mainly see them in Mission Valley out to Santee... |
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^hopefully the San Diegan nearing completion can jump start some revitilization a little...thats no dinky hotel!
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