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dubone last won the day on November 2 2014

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    Uptown Charlotte

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  1. It appears to be private property but maybe there is a lease for staging for the project?
  2. Legit, @ricky_davis_fan_21 probably has files already rendered from every angle for these developers to use, but the opener on that marketing material is truly bad. It will be awesome if it can sell and hopefully get the county to start selling the Hal Marshal in smaller increments. When the city sold the land by Belk Freeway, sectioning them out in to separate parcels allowed for much more digestible absorption, and a far denser result. That contrasted with Marshall Park area, which had an awesome plan, but very difficult to capitalize such a huge area under one development group. Hopefully for both, the county can just market it piece-meal. I'm unclear if the Library / Hall House developments will be a single developer, but I would hope that from that process, the county will start to get the right marketing and developer contacts to start on their other property. The county is almost as much to blame as Danny Boy for the desolation of First Ward wasteland, but it will start to turn around once Tryon and College themselves are developed.
  3. Yes, @UrbanCharlotte, it is true and not just a rumor. But in fairness, the Centercity Inn also got torn down. I find it overwhelming to realize that we here on UP have been discussing the fate of the Polk building for 15% of the building's lifespan, and all our implicit and explicit hopes for the building are now dashed. 2005 was a simpler time.
  4. Ex actly. Some bricks fall off the façade due to lack of proper maintenance and they act like they entire thing is just at risk, when we all know that the concrete structure is far more solid than what they are about to put up. I'm still stuck on, why the hell not tear down most of it. keep the last bit as their halo. Or hell, it was here for almost a century, maybe wait till the economics is there to build a 19 story building to stack the 13 and 6? Economics like... 3 years ago when the same company built a taller one by the freeway at South Blvd? Next comes the info that they're delaying the build of the new one and selling the block now that they've added their 'value'?
  5. Literally, it is a token gesture. Many people I talk to about it don't seem to have any sense that restored vintage structures can look good, especially if their structures are solid, and make cities more interesting. It's like that feeling you have when someone doesn't buy a house on TV because of the paint color. Most people have no vision. Yet it is possible to fix bad mortar and replace ugly black windows, and extra magical when you sand off the broken stucco and reveal the solid granite ground level façade that was made to look solid as they solid Buicks during the roaring 1920s. Nearly all vintage and historic buildings we have ever seen were in a state of disrepair once, but the fact we have seen them means that a caretaker at some point updated, maintained and restored it to continue as a reference to life in the city from 2, 3, 4, ... 10 generations before us. In Europe, many old buildings were literally bombed, and yet live on adding charm and architectural layers to their cities. Then when you consider the current trend is to build structures of little architectural interest and with the cheapest possible materials, in 30 years we will have far preferred a decaying Polk / Coddington Building than a decaying Northwood Raven stickbox. Developers in the current era are barely trying to leave an impression at all beyond initial lease-out, let alone how their projects will look in 94 years. There are 2 acres of empty lot on the block. They could have put the tower next to Wilkes. They could have built a 20 story tower like they did at Stonewall instead 13. They could have gutted Polk and had a 5 story concrete structure instead of their stick mid-rise part of the project. They could have even torn 3/4 of it down or kept enough to be a façade or a concrete foundation for their sticks. As a result of devaluing the vintage structure as a demo cost, Charlotte will now be less interesting, and they will maybe build a forgettable building that is a short replica of their forgettable one on Stonewall, and an interesting old building with a story will be in the city landfill like rest of 1925 Charlotte. https://www.onlyinyourstate.com/north-carolina/charlotte/oldest-photos-in-charlotte/ ...and somewhere among their sticks and plastic stucco will be limestone token that says 1925, and everyone will just assume that's the address. RIP Polk / Coddington Building. https://www.charlotteobserver.com/news/local/news-columns-blogs/retro-charlotte/article198925174.html
  6. Even on its own merit, the Gold line really should have already been getting to Pecan to go under Independence. I even wrote a long memo to CATS to push for that with multiple points of reasoning, back when Silver Line was only ever hoped for as a BRT line. But now even more so that a corridor will be built that is compatible and gives transfer and distribution possibilities. The Gold Line has always been to help distribute to all the institutional employers along Elizabeth/Trade/Beatties Ford, so the same would clearly go if they could be going in the right direction and transfer along the way. . The Hawthorne bridge was rebuilt for the benefit of the express lanes underneath under the CATS budget because they had a way to justify it in that project. Sunk costs are planning fallacies. But also, think of the criticism if redundant corridors were built near each other but no transfer option, people will be complaining loudly about that for decades.
  7. Or at least only set to the marginal cost, with the fixed costs covered by subsidies. Obviously on the flipside is when the capacity cannot serve the demand, but in principle, I agree with the free fares. The alternative is only requiring fares during peak times, when you capture revenue from probably more than half the riders, and the rest of the time you are encouraging use when it is no where near full. In this case, it replaces the old Gold Rush trolley the really helped improve circulation. Free rides means also last minute riders can hop on. That should at least be possible outside of rush hour
  8. From observing a friend deal with selling his place in the Skye condos (under Fahrenheit), I think that the banking rules make it very difficult to have this mixture of uses, even though they are fairly symbiotic. I'm sure why I even understand the purpose of those limitations and rules, but they do shrink the buyer pool. This has always been the perfect reason to have giant evening-and-weekend uses in the central business district. Not only do you have the potential to entertain many workers to stay past rush hour, but you also leverage all the infrastructure built for office rush hour for relatively much smaller number of people. If parking and streets are built for 100-150K people, 60K from a stadium is not so bad other than they are leaving simultaneously. Hotels near where the people are going are ways to reduce some traffic, not add as much to it. More of those guests will walk to the events and offices. There are always traffic inefficiencies and bottlenecks, but we are hoping to do some of the right strategies to reduce that, like the half-tolled interstate arteries, transit plan, density in the core and transit areas, etc. Within downtown, the more people use Lime/Bcycle/Bird versus Uber/Lyft, the better it will be for in town traffic, too.
  9. Rising up from the peak of Wilmore Heights.
  10. CNBC said "sixth-largest US bank" by assets/deposits. That is typically the metric. But maybe by market cap or another metric it is 10th.
  11. The NCRR property would be perfect considering the proximity to the current BB&T tower. But as part of a merger and new HQ, I think they won't really be tethered to the old buildings.
  12. The articles say a lot of operations will remain where they are, so hopefully it isn't just a meet-in-the-middle C-level HQ with not a lot coming with it. But, I think their whole goal from what I'm gathering, is to come in with a splash and try to take market share. I'm sure even if BB&T is the more equal partner, I can't think anyone would here would prefer BB&T's branding and boring name (Branch Banking and Trust) and internet-incompatible ampersand would win over SunTrust's pretty colors, word-based name with a lot of branding options. SunTrust is clearly a better brand asset. Seems they kept the secret well. Now to hope they announce a showcase HQ tower to match such a major arrival on the scene. I think they will clearly seek to poach employees from existing HQ, but it will be best for the city if they attract talent and relocate some groups. What a nice surprise, even if it is just the symbolic HQ and not a huge operation! But this type of HQ relocation seems solid and permanent, unlike something like Chiquita or an incentive deal.
  13. https://www.cnbc.com/2019/02/07/bbt-and-suntrust-to-combine-in-an-all-stock-merger-of-66-billion.html https://www.bizjournals.com/charlotte/news/2019/02/07/bb-t-suntrust-to-combine-in-66b-deal-bringing-hq.html?iana=hpmvp_clt_news_headline Huge news for the city of Charlotte, with BB&T buying Suntrust and bringing the HQ to Charlotte, for another HQ, but also a top 10 bank to solidify our #2 banking city ranking. I wonder how much operations will grow here. or if it is just the ‘meet in the middle’ execs all here while they keep a lot of ops where they are in Atlanta and other cities. Surely this type of merger will include a new tower lease, but at minimum, growth in top-level jobs and likely organic growth over time of operations here. It is sad for Winston-Salem, but I think the trend has been clear for a while that their HQ corporations eventually have outgrown the city and shift to Charlotte to draw the national talent.
  14. The city only bought the exact portion used for the light rail. The rest of that Intermodal Yard (train to trucks) that moved the airport has been slated for another N-S use below. The majority of the yard never had any change, nor is any likely.
  15. It has been studied quite a bit, and so far has not been feasible. But here are a few points as I understand - MLB does not have anything to equalize for smaller, less wealthy teams, so markets too small to support the teams end up with worse teams most of the time. - Pro sports may not always be in the same season, but there is still only so much in the way of budgets that fans and sponsors have. The chart by population and number of pro teams helps to show a point where we may be able to support a 3rd, which is being pursued now with MLS. https://en.wikipedia.org/wiki/List_of_American_and_Canadian_cities_by_number_of_major_professional_sports_franchises I know sports spectating is a popular pastime for many people, but I do not understand why it is a consistent topic for the city needing constant upgrades to the sports options there now. MLS makes some sense in that it is growing, has compatibility with football stadiums in theory, and the potential to grow its fanbase to match some of that seen around the world. But really, it is exhausting just thinking of all the work and expense trying to start up a MLB team to a level where a massive stadium can be filled... all subsidized by some multibillion dollar ballpark. Let's catch up on the non-sports investments first, and grow and support our current teams.
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