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First Ward Urban Village / North Tryon Vision Plan

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8 hours ago, KJHburg said:

see this giant doughnut photo?  it has as much to do with this thread as politics mentioned a few posts above.  Lets keep politics out of ALL threads except for the political digression thread otherwise this whole site will decline rapidly especially in an upcoming election year.  PLEASE. 

 

Why help Levine with your posts like this?

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Not sure how well the formatting is going to hold up, but here's a list of the properties in First Ward that Levine Properties owns and their tax liability. As far as I can tell, those are all owned by Levine associated entities.

Parcel Number  2019 Tax Bill   Assessed Value  Property Description
08002101  $           26,807.80  $            2,677,300.00 Lots on block bounded by College, 7th, 8th, and light rail
08002104  $           43,660.68  $            4,360,400.00
08002105  $              9,647.02  $            2,607,500.00 Strip adjacent to First Ward Park containing the Google Fiber building
08002120  N/A   $                137,100.00 Lots on block bounded by College, 7th, 8th, and light rail
08002121  $           85,666.23  $            8,555,500.00
08002122  $           23,821.94  $            2,379,100.00
08004109  N/A   $          10,291,800.00 Block with Charlotte Lab School and Enterprise
08004115  $         453,986.42  $          45,339,700.00 First Ward Urban Village Ruins
08004213  $           29,427.20  $            2,938,900.00 Planned hotel site on block with the Ellis
08004313  $         109,255.85  $          10,911,400.00 Lot between the light rail and UNCC CCB
08005101  $         126,002.60  $          12,583,900.00 Block between Brevard and Caldwell and 6th and 7th with Treloar Building and 7th Restaurant
08005110  $           22,677.44  $            2,264,800.00
08005113  $              9,125.85  $                911,400.00
08005114  $              9,451.28  $                943,900.00
08005115  $              5,170.71  $                516,400.00
08005116  $              9,963.42  $            1,890,500.00
08006301  $         194,109.01  $          19,385,700.00 Block with gravel lot for UNCC CCB
08006401  $           91,664.00  $            9,154,500.00 Block with First Ward Field and the rebar pond
08006405  $           10,694.89  $            1,068,100.00
08006406  $           17,527.75  $            1,750,500.00
08006407  $           22,552.28  $            2,252,300.00
08006408  $           36,389.24  $            3,634,200.00
08006410  $              6,549.50  ? 
   $     1,344,151.11  $        146,554,900.00  
Edited by TCLT
added data to the table
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I don't think those are the right indicators of financial health, though I have no idea of his financial condition. 

My impression is that the decisions aren't influenced by whether he could, but rather if it's in his personal best interest.

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On 12/13/2019 at 3:11 PM, KJHburg said:

see this giant doughnut photo?  it has as much to do with this thread as politics mentioned a few posts above.  Lets keep politics out of ALL threads except for the political digression thread otherwise this whole site will decline rapidly especially in an upcoming election year.  PLEASE. 

 

On 12/13/2019 at 7:35 PM, KJHburg said:

look for the posting with lots of Red down arrows above.  

 

I should have assumed using Trump as an example would make people think I was being political, but I really was only talking about his history as a developer and property owner. I tried to get that across by not saying anything about his politics, but next time I'll find another developer with a questionable development record to use an an example. Sorry about that.

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Levine paid their taxes on 12/20/18 of last year. Can't wait to check back to see if those get paid before interest begins.. that may very well show the health of the companies finances :)

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On 12/16/2019 at 6:16 AM, Madison Parkitect said:

 

I should have assumed using Trump as an example would make people think I was being political, but I really was only talking about his history as a developer and property owner. I tried to get that across by not saying anything about his politics, but next time I'll find another developer with a questionable development record to use an an example. Sorry about that.

I made a similar comment a couple months ago.  It's difficult not to see the similarities, and they extend beyond what you wrote.

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Lots of boards on this place. And they couldn't even paint them to make it look slightly better than garbage. #levinesbroke

IMG_5761.JPG

IMG_5765.JPG

IMG_5768.JPG

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15 minutes ago, Matthew.Brendan said:

and still taking up a lane for no good reason. 

The boarding up is being done by what seems to be a single crew of like 2 or 3 guys, a.k.a. as cheaply as it can possibly be done. Not sure he can afford to also be working on cleaning up the lane at the same time, what with the lane usage fees and property tax bills he's gotta pay soon. Construction labor is pricey nowadays. #levinesbroke

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On 12/18/2019 at 11:33 AM, mand1ng0sauc3 said:

Levine paid their taxes on 12/20/18 of last year. Can't wait to check back to see if those get paid before interest begins.. that may very well show the health of the companies finances :)

Well all of the tax bills were paid on 12/27/2019 except for the Ellis hotel site which was paid on 10/4/2019. The assessment/tax bills for about two thirds of the properties are being appealed, but the parking deck is not one of those.

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Well all of the tax bills were paid on 12/27/2019 except for the Ellis hotel site which was paid on 10/4/2019. The assessment/tax bills for about two thirds of the properties are being appealed, but the parking deck is not one of those.

So strange


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1 hour ago, SydneyCarton said:

Is the city definitely planning on funding it, and if so, why not in 2021?  

Not enough time or room in the budget, city fiscal year is from July 1st. So, really a year and a half.

Edited by Scribe
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Do you think they’ll definitely come up with the funds for this (absent a massive recession, e.g.)?

This is an amazing project.  I can’t wait to see it rise.

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