Quote:
Originally Posted by Newnan_Eric
You are awfully optimistic, or naive. This thing has been around for years - decades, without any tangible progress to date. There have been studies, plans, proposals, etc. without anything moving forward.
I would love to be proven wrong. The MMPT is a key piece to stiching together the open wound that is the Gulch downtown. The synergies it would provide of combining the different transit systems would be fantasic. But there is one problem:
There is no funding!
Maybe, with the Public-Private-Partnership, the developmnet of this can move forward. But there has to be some mechanism to provide money for this. Even with the PPP, there has to be a part of the development that makes this financially viable as a development. I don't see an office component doing it, there hasn't been enough absorbtion to drive demand. As far as residential goes, there is enough going on with the other developers to suck up that demand. I don't see any hotels signing up for this either. This is going to take some deep pockets from the Feds or the State. There hasn't been the political will for something like this yet. Heck, the State still won't give any money to MARTA, so why should we expect them to roll out the dough for this?
Lastly, as far as the link you posted goes... it says ground breaking COULD occur as soon as 2015. This is the same qualified language that all of these proposals use. If, maybe, could, would, should...
I'm sorry to sound negative, but I'll believe it when I see it.
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Studies, plans, and proposals are necessary to move forward. As you said, funding is key, and you're not going to get federal funding without following the proper procedures. There's many studies that have to be done which are tedious, I understand, but necessary.
"In July 2012 redevelopment plans for The Gulch moved ahead when President Barack Obama announced the final selection of the MMPT as one of a small group of projects from across the country to participate in the Dashboard initiative, putting the permitting process for the Terminal on the fast track, cutting the timeline by as much as one year." (
http://www.bizjournals.com/atlanta/news/2012/07/25/white-house-to-fast-track-atlanta.html)
So while the MMPT might have been an idea in the past, I'm not sure there was ever anything actually put together. Please source if I'm wrong, but I'm not sure where you're coming with this.
Along with GDOT the MMPT includes Cousins, The Integral Group, Forest City Enterprises, FXFOWLE, and local architects Cooper Carry. I've seen the renderings they should release soon of the final building. Honestly, not sure why they haven't been released yet?
Regardless, between the federal government, GDOT, and the private component the funding will be there. The facility includes not only transportation facilities (obviously), but mixed used components as well.