Quote:
Originally Posted by muertecaza
My understanding is that there are no current plans to develop the other two parcels. When the entire parcel (from Mill to Myrtle) went into foreclosure in the Recession, it was split up. This developer owns the middle portion, and someone else owns the portions fronting Mill and Myrtle. They apparently tried to come to an agreement to develop the whole thing, but couldn't get a deal done. So the developer is attempting to move forward with the middle portion.
|
I'm cool with this. I'd personally rather have three unique projects one day than one mega project. Plus those parcels are rather small and will require some good density to make development economically viable.