Why council should send FBC demo decision back to HPC

Started by thelakelander, June 18, 2020, 07:04:48 AM

Tacachale

Quote from: marcuscnelson on April 26, 2021, 11:55:39 AM
DIA lifted minimum parking requirements for downtown, right? So a developer can just gain access to that garage and not need to build any parking on their own property?

This is a great example of the kind of thing that's possible now. We'll get out of our own way one of these days.
Do you believe that when the blue jay or another bird sings and the body is trembling, that is a signal that people are coming or something important is about to happen?

Charles Hunter

I wonder what the maximum distance between the garage and residential (or other) uses would be acceptable to developers, city regulators, residents or customers?

vicupstate

Quote from: thelakelander on April 26, 2021, 12:02:01 PM
^Yes, you could develop a property nearby and use the garage for off street parking to support the development. That garage has +800 spaces, so it's a pretty large one.

Yeah, $7.25k per space is a real bargain, PLUS you get a lighthouse!   
"The problem with quotes on the internet is you can never be certain they're authentic." - Abraham Lincoln

fieldafm

#63
Quote from: marcuscnelson on April 26, 2021, 11:55:39 AM
DIA lifted minimum parking requirements for downtown, right? So a developer can just gain access to that garage and not need to build any parking on their own property?

Yes, it allows developers the flexibility to unbundle parking from their development through a shared use agreement with a nearby facility.
 
Quote from: thelakelander on April 26, 2021, 09:18:19 AM
Good for them. They sold some properties in the vicinity of that garage recently, so perhaps it can be used to support one of those future redevelopment sites. You can't buy a full downtown block and construct a new parking garage that size on it for $5.8 million today.

That garage doesn't have retail (and the required fire suppression costs associated with a mixed use structure), so with today's pre-fab concrete construction costs... that would probably cost around +$20mm to construct, not including land acquisition or pre-development costs.

For comparison, the Florida Blue garage in Brooklyn cost North of $25k per parking stall, and concrete prices have risen gainfully since then.  COJ gave Florida Blue the land and paid for the retention costs to get the site to be shovel-ready, along with a $3.5mm completion grant once the structure was complete.

Zac T

Not sure if information is available about the buyer but I know the couple that wanted to build the apartments at Ashley and Hogan streets mentioned in the article they wanted to build a phase 2 but were working on figuring out parking. Maybe this is related?

acme54321

Quote from: Zac T on April 27, 2021, 08:42:58 PM
Not sure if information is available about the buyer but I know the couple that wanted to build the apartments at Ashley and Hogan streets mentioned in the article they wanted to build a phase 2 but were working on figuring out parking. Maybe this is related?

I was thinking the same.

Jagsdrew

Heard a rumor the main auditorium was sold but can't confirm or have seen anything official yet. I think this was the last property remaining that they were trying to sell.
Twitter: @Jagsdrew

thelakelander

"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life." - Muhammad Ali

jaxlongtimer

Quote from: Jagsdrew on March 25, 2022, 04:51:08 PM
Heard a rumor the main auditorium was sold but can't confirm or have seen anything official yet. I think this was the last property remaining that they were trying to sell.

It looks like that is where the Van Gogh event is in September so this makes sense.  See my comment at that thread asking if they were gutting the building to support that event.

Jagsdrew

Quote from: thelakelander on March 25, 2022, 11:53:19 PM
Did they sell the school on Laura Street?

To my knowledge no, but I've also heard they may keep it. Who knows!
Twitter: @Jagsdrew

Ken_FSU

Quote from: Jagsdrew on March 25, 2022, 04:51:08 PM
Heard a rumor the main auditorium was sold but can't confirm or have seen anything official yet. I think this was the last property remaining that they were trying to sell.

Don't know about a sale, but Corner Lot was involved with bringing the Van Gogh exhibit to this spot.