Quote:
Originally Posted by StealthGirl
The building is still there yet, right? There are 17 empty lots in the downtown. It would be nice to see some development on some of those spots. Broad Street could use some development with the holes created by fires and the lack of much on the west side of Broad downtown too.
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I think it is going to be quite some time before we see any private investment going on to that side of broad. Realistically, that part of Broad street is pretty gross and run down. Unless a developer got an insanely good price on the land, it wouldn't make sense to develop there, especially in a stagnant market where it is unlikely that any other sort of improvements will occur around you for the foreseeable future.
Besides - we all know Wascana Park is the city's new office park/downtown.
I honestly think the City should open up this area of Broad to surface parking lots to encourage knock downs of dilapidated buildings, while at the same time beginning to phase in a surface parking ban in the downtown proper (one spot lost for one spot gained). This would help to drive down the insanely high land values in the downtown to a point where residential development might once again become economically feasible, while at the same time preserve the required amount of parking needed to support the downtown workers needs.