Quote:
Originally Posted by MdtwnATL
Which is the very point of the discussion. The rest of Midtown is "moving ahead" without Dewberry.
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I think the point others are making is that Dewberry doesn't want to be the one to compromise his developments in order to just get something out of the ground. Atlanta's known for having merchant developers who are too quick to build before actually thinking about what's best for the area (many have to secure external financing partners who then require the designers and contractors to value engineer the project to death and then sell the project to someone else often before it's even open).
Seems Dewberry would rather want his developments to be responding to the market's growth by providing better quality design and developments for the neighborhood.
This kind of investment requires much more calculation and strategy to get it done right. Jamestown could have copped out on PCM, but instead they focused so much of their energy into that place that they're no longer focusing on development projects; they saw the value in one of the largest adaptive reuse projects in the Southeast that required much more up-front investments knowing it won't pay out quickly in the short-term.
The retail along Peachtree between 10th and 14th (even through Colony Square up to 17th) still struggles not far from here - and for good reason it seems Daniel Corp. is still holding out on some retail/restaurant opportunities along this route as well- the critical mass still isn't quite there yet. But it's coming and when the time is right there will be a significant project on this site. Until then I'd like to see him open up those lots to more creative uses - like a Food Truck park right in the middle of Midtown rather than off the I-75 on-ramp at Howell Mill.
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