Million dollar condos coming to Riverside

Started by JayBird, August 14, 2013, 08:40:08 AM

Captain Zissou

Considering the very aggressive time table, shouldn't there be a rendering out there or soon to be available? Will this just be a shortened version of Bishopgate?? Another tower of power won't do much at the street level, but I'm glad they are willing to let the riverwalk pass by their property. Those other NIMBYs could take a lesson.

cline

QuoteI'm glad they are willing to let the riverwalk pass by their property.

Have they actually stated they are willing to allow this?  I hope they do.

Captain Zissou

Quote from: cline on August 15, 2013, 09:38:06 AM
QuoteI'm glad they are willing to let the riverwalk pass by their property.

Have they actually stated they are willing to allow this?  I hope they do.

They're spearheading an effort to get Riverside a CID in place to fund projects like extending the riverwalk from Memorial park to the stadium. So unless they don't realize that would bring it right past ther project, then yes they are willing to let the riverwalk on their property.

ChriswUfGator

The river walk really should go all the way to st Vincent's if you wanted it to extend to its logical conclusion.


cline

Quote from: ChriswUfGator on August 16, 2013, 08:41:36 AM
The river walk really should go all the way to st Vincent's if you wanted it to extend to its logical conclusion.

Agreed.  I think there would be significant obstacles though- especially since you'd have running in front of VillaRiva.

Captain Zissou

There's also a private residence, the villas of St John's and a hedge fund on the water. No way you're getting past those. With Wayne and Delores as the top dogs in the Tower of Power, you may be able to get some sort of accommodation for the riverwalk past there.

What about just sprucing up the walking paths on Riverside ave and River Blvd?? Currently the sidewalk of riverside ave is a death trap from dusk until dawn.

cline

Is the private residence you're talking about the one that is directly next to VR where River Blvd turns north into Osceola?

ChriswUfGator

Quote from: Captain Zissou on August 16, 2013, 09:01:21 AM
There's also a private residence, the villas of St John's and a hedge fund on the water. No way you're getting past those. With Wayne and Delores as the top dogs in the Tower of Power, you may be able to get some sort of accommodation for the riverwalk past there.

What about just sprucing up the walking paths on Riverside ave and River Blvd?? Currently the sidewalk of riverside ave is a death trap from dusk until dawn.

Just take it by eminent domain and pay the bill for a 5' strip of land, what're they going to do about it? That's actually a legitimate public purpose (for once). It could certainly be done.


ProjectMaximus

Quote from: dougskiles on August 15, 2013, 05:42:17 AM
Quote from: ProjectMaximus on August 15, 2013, 01:06:53 AM
Why is there a market for multifamily condos while the East San Marco project languishes with no light at the end of the tunnel??

My guess is that East San Marco's dilemma has something to do with how much they have invested in the land.  Remember that they purchased this property at the peak of the market and still own it.  Many of the projects we seem coming out of the ground today were purchased after the crash at reset values from the banks.

It will be interesting to watch the progress of this project.  I didn't see any mention of the rezoning process.  The property is zoned PUD.

Yeah, that's what I've heard before. Since they've invested so much time and money, they'll wait til the project is not only feasible but lucrative as well.

kbhanson3

Quote from: dougskiles on August 15, 2013, 05:42:17 AM
Quote from: ProjectMaximus on August 15, 2013, 01:06:53 AM
Why is there a market for multifamily condos while the East San Marco project languishes with no light at the end of the tunnel??

My guess is that East San Marco's dilemma has something to do with how much they have invested in the land.  Remember that they purchased this property at the peak of the market and still own it.  Many of the projects we seem coming out of the ground today were purchased after the crash at reset values from the banks.

It will be interesting to watch the progress of this project.  I didn't see any mention of the rezoning process.  The property is zoned PUD.
The bigger challenge with the East San Marco site is attracting a quality apartment developer who is interested in doing a relatively small number of rental units, and then when you layer in the relatively high level of architectural detail that was negotiated in the original project approval...well, you see where it stands now.

vicupstate

Quote from: Apache on August 16, 2013, 01:46:52 PM
Quote from: ChriswUfGator on August 16, 2013, 09:15:24 AM
Quote from: Captain Zissou on August 16, 2013, 09:01:21 AM
There's also a private residence, the villas of St John's and a hedge fund on the water. No way you're getting past those. With Wayne and Delores as the top dogs in the Tower of Power, you may be able to get some sort of accommodation for the riverwalk past there.

What about just sprucing up the walking paths on Riverside ave and River Blvd?? Currently the sidewalk of riverside ave is a death trap from dusk until dawn.

Just take it by eminent domain and pay the bill for a 5' strip of land, what're they going to do about it? That's actually a legitimate public purpose (for once). It could certainly be done.

You are against a municipality demolishing a person's private property but you are for a municipality seizing someones personal property?

Taking private property for public use, is different than simply destroying (and devaluing) someone's private property.  The issue with Eminent Domain is when it is used (or misused rather) to take private property for someone else's private use.
"The problem with quotes on the internet is you can never be certain they're authentic." - Abraham Lincoln

thelakelander

#41
Quote from: Captain Zissou on August 16, 2013, 09:01:21 AM
There's also a private residence, the villas of St John's and a hedge fund on the water. No way you're getting past those. With Wayne and Delores as the top dogs in the Tower of Power, you may be able to get some sort of accommodation for the riverwalk past there.

What about just sprucing up the walking paths on Riverside ave and River Blvd?? Currently the sidewalk of riverside ave is a death trap from dusk until dawn.
That's a pretty decent solution that's been done in several places across the country. There's enough ROW width for a 12' wide multi use path that could link Memorial Park with St. Vincents.
"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life." - Muhammad Ali

Cheshire Cat

Quote from: thelakelander on August 16, 2013, 06:33:15 PM
Quote from: Captain Zissou on August 16, 2013, 09:01:21 AM
There's also a private residence, the villas of St John's and a hedge fund on the water. No way you're getting past those. With Wayne and Delores as the top dogs in the Tower of Power, you may be able to get some sort of accommodation for the riverwalk past there.

What about just sprucing up the walking paths on Riverside ave and River Blvd?? Currently the sidewalk of riverside ave is a death trap from dusk until dawn.
That's a pretty decent solution that's been done in several places across the country. There's enough ROW width for a 12' wide multi use path that could link Memorial Park with St. Vincents.
That would be great to see here. 
Diane Melendez
We're all mad here!

ChriswUfGator

Quote from: vicupstate on August 16, 2013, 03:01:44 PM
Quote from: Apache on August 16, 2013, 01:46:52 PM
Quote from: ChriswUfGator on August 16, 2013, 09:15:24 AM
Quote from: Captain Zissou on August 16, 2013, 09:01:21 AM
There's also a private residence, the villas of St John's and a hedge fund on the water. No way you're getting past those. With Wayne and Delores as the top dogs in the Tower of Power, you may be able to get some sort of accommodation for the riverwalk past there.

What about just sprucing up the walking paths on Riverside ave and River Blvd?? Currently the sidewalk of riverside ave is a death trap from dusk until dawn.

Just take it by eminent domain and pay the bill for a 5' strip of land, what're they going to do about it? That's actually a legitimate public purpose (for once). It could certainly be done.

You are against a municipality demolishing a person's private property but you are for a municipality seizing someones personal property?

Taking private property for public use, is different than simply destroying (and devaluing) someone's private property.  The issue with Eminent Domain is when it is used (or misused rather) to take private property for someone else's private use.

+1 exactly my thoughts.


simms3

JTA came on and didn't answer the tough questions.

1) $20M to serve just a few residential units?  600 is not a large number for that scope, and less than half are actually under construction with the remainder (as well as the other proposals like new Y building and the strip mall, which will be for people driving home to R-A/Ortega) still approved/proposed.  Given the size of these projects, there is little room in Brooklyn for more, so once complete Brooklyn will be effectively built out for Jacksonville with a few hundred resi units and maybe a few thousand drive in employees over a square mile.

2) So there is a spur already there, so why is it $3.6M just to extend the track to the station?  Concrete?

3) Why is there a $5M budget for command/control?  What is this?  Is this to integrate the new spur into the already complex and inefficient route mechanism of the system?

4) You mention extension - so will it be $20M every time we want to extend the system a block?


Sure big cities spend a billion dollars to put a new mile of subway in, and people have a fit over it, but projected ridership on SF's new spur and NYC's new line are very high.

SF Central Subway - light rail spur - $1.6B - 1.7 miles - 43,700 projected daily riders upon opening - $36,613/rider - $941M/mile

NYC Second Ave line - heavy rail line to be extended - $4.9B - 2 miles - 200,000 projected daily riders upon opening - $24,500/rider - $2.45B/mile

JTA Skyway extension - people mover - $20M - 0.25 miles - 1,250 projected daily riders upon opening - $16,000/rider - $80M/mile

So the numbers work this way, but remaining questions:

1) Why submit a grant to move just 1,250 people?  We all know that other agencies submit more robust grants for plans to move more people.

2) Where do you get 1,250 people?  Is it 600 proposed/UC units times average family size in area?  Do you think all those units are going to have 1-2 people, single or married, who work downtown and so will hop on the Skyway?

3) If you're building $20M spur/station for those 600 units, why not build a light rail line for the thousands of units UC or recently built on the SS and connect SJTC?

4) Why are all of your numbers pretty round numbers?  ($5M for this, $1M for that, etc).  Do we have this stuff bidded out already?

5) Why not submit a grant application for something a little more meaty?  The Skyway has so many limitations and for so long has been a transit joke and still is highly unpopular with taxpayers!

6) Lastly how do you calculate the reduction of over 400,000 vehicle miles driven in the urban core daily from increasing ridership by just 1,250 people?  That doesn't make any sense to a civilian like me.
Bothering locals and trolling boards since 2005