Quote:
Originally Posted by EPdesign
I know everyone is about saving the old. I get it....but the yard stick building...if not renovated....would be a great spot for a 20 floor residential tower with a four to five floor parking as a base.
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I agree, but picture this instead. Renovate the facade, and remodel the existing structure with some residential units and add a tower onto the back part. It's the best of both world. Saving and restoring old street frontage while adding some much needed density at the same time. That back section, if you took the portion to the east as well measures about 105 x 140, that's a nice floor plate of 14,700 sf. In comparison, the wide face (east) of American Towers is 104' and the south and north faces are 160'.
Unfortunately the Yard Stick is another ass hat land banker. I reached out to them back in 2007 and they had zero interest of even talking about selling. Maybe the value or pressure from the city is finally getting to the point that land bankers are starting to budge a bit. After all, I'm sure the majority of us never thought we'd see Eat-a-Burger come down this year.
Something like this?