Quote:
Originally Posted by s13
What's the economics though if a building is at the end of it's life and maybe the developer already owns it? vsame developer outlaying cash or financing to buy up vacant land that is overpriced due to it bringing in parking revenue into perpetuity & implicit development potential? How do you incentive around that as a city to get those vacant lots developed instead?
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Certainly their right and yes, at some point it makes sense, but it's just more of a general comment about development in the core where you tear character or period places like the Tegler, BMO, El-Mira/Patanne down instead of adding to the process of complete streets, blocks and city-building.
Underneath the terrible facade of those three CRUs is character, the Silk Hat stainless steel bones are still mostly there, I personally love the building on the corner, its metal, stone, look, scale and the fact that Remedy has been a STAPLE for the area for a long time now.