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About ctl

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  1. ctl

    Triangle Economic News

    I get the impression they want wide-open spaces in south Wake and adjacent counties where they can fly drones under minimal regulation.
  2. ctl

    Downtown Raleigh's Future

    I doubt that, unless there is an existing facility that the state could buy and rehab at minimal expense. Such a facility isn't likely to be anywhere near 540. Land prices don't get cheap until you're 5-10 miles beyond 540, and new construction is very expensive anywhere. The sale of a few parking lots downtown wouldn't get you over the goal line on new construction.
  3. The bonds haven't been issued yet, so the full faith and credit argument doesn't work. In any event, bonds for this project would be issued by GoTriangle as Limited Obligation bonds not General Obligation bonds. That said, I don't know of any LOB in this state that has been allowed to go into disrepute.
  4. ctl

    Raleigh Union Station

    Is it true that opening of the station has been pushed out another (!) month because of an ADA compliance screwup?
  5. ctl

    Triangle Economic News

    I've seen it. Press coverage in DC indicates that even their own promoters are uncertain that Amazon would like to sprawl across the river. (I couldn't resist using the word "sprawl"). Plus there would be inevitable pushback from SE residents who say, with some accuracy, that they're being shoved out of the last semi-affordable housing in the district. SE/Anacostia has improved, at least between Minnesota Av and the river. Not sure how much different things are beyond Minnesota. Economic development isn't helped by the fact that there is a big gap in Metro between Suitland and Benning.
  6. ctl

    Triangle Economic News

    Yes, one of my sons now lives in DC and I concur with your observations. Roommates for unmarrieds are the order of the day. As I understand it, the Anacostia option would have buildings spread across both sides of the river and faces some gentrification opposition on the east bank.
  7. ctl

    Triangle Economic News

    Yes, but the same can be said of AT&T, Microsoft in the 1990s, IBM in the 1960s and 1970s, etc. Every big company has a governmental affairs office in DC and the executives pass through regularly. But in and of itself, that doesn't mean companies put the HQs there. Disclaimer: in the 1990s I worked for a multinational whose HQ was in NoVa. From the perspective of someone who lives in NC, certainly. From the perspective of someone who lives in northern California or even Seattle close-in, not. And the DC metro area continues to grow in population despite the cost of housing.
  8. ctl

    Triangle Economic News

    I have no info whatsoever, but I think it's fair to say that NoVa-DC and Atlanta both have a higher probability than the Triangle, and did from the start. But the Triangle is still in the game, and probabilities won't mean anything after the decision is announced.
  9. Qu'ils mangent de la brioche, someone is said to have said. Between 1 and 1.5 million people in the deprived areas, depending on how you count. They're not bringing a lot of income or wealth with them. Triangle couldn't possibly assimilate that many without a massive amount of sprawl to build where land is inexpensive. And with respect to reuse as farmland, there would have to be a lot of parcel buy-ups and consolidations before big ag could do more than they're already doing. More likely you'd see slash-and-burn in order to plant pine trees... big environmental hit.
  10. Yes. Their argument goes like this: eastern NC is in economic despair (and most people would objectively agree). Better roads are an investment that will attract industry or at least remove a reason why industry doesn't want to locate there. If their economy deteriorates further, an ever larger transfer of tax dollars from Charlotte, the Triangle, and the Triad will become necessary so that the eastern counties can provide basic services which they are struggling to provide now. Or to put it differently, do you want everything east of US 1 (except the coastal counties) to become third world? Rationale or rationalization... you choose.
  11. ctl

    NCFC Soccer Stadium

    My sons went to Hunter, and I never worried about the neighborhood. But at night other parents did, not to mention the folks who never considered the magnets.
  12. ctl

    NCFC Soccer Stadium

    I can't predict local neighborhood reaction; they might oppose. The nearby streets are primarily residential or light retail. The only undeveloped tract nearby is the Wood Pile property south of New Bern at Seawell. No idea what Gordon Smith's intentions are. About 3000 feet east of Moore Square in an area that doesn't have the best reputation for safety at night, so you might find people reluctant to walk from downtown.
  13. ctl

    NCFC Soccer Stadium

    About a 300x700 foot tract. Tight fit if you want seating capacity in the 10-20,000 range.
  14. Whether it's rural or urban Republicans pushing it doesn't matter. Either way, given the overwhelming Democratic representation for Orange and Durham counties, it's a red versus blue thing. That said, rural legislators of either party (although nearly all rural legislators are Republican these days; hasn't always been the case) have little incentive to see big money going to urban projects. If Orange and Durham provide 50% of the project cost instead of 40%, is there an issue? The way I read it, the feds want 50% from state and local combined. It may be that the local tax wasn't meant to provide 50%, but that's for Orange and Durham to sort out if the General Assembly forces them to.
  15. ctl

    Downtown Raleigh's Future

    It's not the first time that the State has contemplated moving people out of downtown Raleigh. Given that the City gets no tax revenue from State buildings, one could argue that an orderly migration of State employment out of downtown could be a good thing if the private sector picks up the slack. That's a rather large "if", though, and it would take a long time to play out favorably. The scenario in which the State moves thousands of people away from Raleigh over a short period of time, on the other hand, is obviously unfavorable. As to how many sites along or outside I-540 could accommodate thousands of State employees in a short period of time, I'm unsure.