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Old Posted Jan 20, 2018, 8:27 PM
urbancore urbancore is offline
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Join Date: Oct 2014
Location: Zilker
Posts: 1,638
Quote:
Originally Posted by Jdawgboy View Post
I really wish these developments would move away from the strip mall with large parking lot concept. That area is already a nightmare. I steer clear of South park Medows because it's a mess. The layout is terrible. They really should create a more of an urban centralized concept.
the worst....and they will live on for another 50-70 years because the owners don't want to miss out on the rent for the possibility to rezone/develop a VMO. Also, owners (some of these strip owners are just your neighbor- I have one in Zilker that owns half of S Lamar and drives a old Isuzu) price their strips on a cap rate that doesn't make sense for developers who are looking for dirt value essentially. It's fucked up.
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