Author Topic: T-U building for sale  (Read 50733 times)

thelakelander

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Re: T-U building for sale
« Reply #90 on: April 14, 2020, 09:58:44 PM »
Windows missing? Lol what? Are they at least boarded up? That's a good way to quickly ruin a prefectly fine building.
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acme54321

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Re: T-U building for sale
« Reply #91 on: April 14, 2020, 10:34:58 PM »
Windows missing? Lol what? Are they at least boarded up? That's a good way to quickly ruin a prefectly fine building.

Yes, one corner window per floor one above the other removed and boarded up.  Also one window. On the opposite corner on the top floor. 

These:
« Last Edit: April 14, 2020, 10:43:18 PM by acme54321 »

marcuscnelson

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Re: T-U building for sale
« Reply #92 on: August 10, 2021, 09:03:20 AM »
First look at the proposed Fuqua development.

https://www.jaxdailyrecord.com/article/dia-to-start-public-review-of-dollar151m-redevelopment-of-former-times-union-campus

Quote
Atlanta developer Jeff Fuqua proposes to start construction in 2022 of the $151.61 million retail, residential and park redevelopment at 1 Riverside Ave. in Brooklyn.

The project, in two phases, would be completed in 2026.

The DIA expects Phase 1 to start next year for completion in 2024 and comprise 301 apartments, 47,400 square feet of retail space and a 38,750-square-foot organic grocer.

Phase 2 is shown to begin in 2024 for completion in 2026 to develop another 15,000 square feet of retail space and 125 apartments.

Apartment rental rates are listed at $1,400 to $3,150. The apartments are designed as five- and six-story structures, including one above retail space.

Maybe it’s because of the complete lack of architectural detail, but this feels… rather underwhelming? It gives off the Spandrel vibe of “this could really go anywhere, but we had our hands on this one.”
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Ken_FSU

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Re: T-U building for sale
« Reply #93 on: November 24, 2021, 11:28:18 AM »
$30 million REV grant passes unanimously.

Handing 'em out like candy in Brooklyn.

https://www.jaxdailyrecord.com/article/city-council-approves-dollar31-59-million-incentives-deal-for-one-riverside

Captain Zissou

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Re: T-U building for sale
« Reply #94 on: November 24, 2021, 12:49:50 PM »
Interesting that the $750k forgivable loan, the $7.76M park purchase, and the park infrastructure are not counted as part of the incentives package.  The land beyond the relocated creek will be completely blocked in by the elevated pedestrian bridge, Riverside avenue flyover, the train tracks, and the creek, but the city is paying $1.6M an acre and performing all remediation and infrastructure to turn it into an asset for the development.

ricker

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Re: T-U building for sale
« Reply #95 on: November 24, 2021, 09:29:00 PM »
Interesting that the $750k forgivable loan, the $7.76M park purchase, and the park infrastructure are not counted as part of the incentives package.  The land beyond the relocated creek will be completely blocked in by the elevated pedestrian bridge, Riverside avenue flyover, the train tracks, and the creek, but the city is paying $1.6M an acre and performing all remediation and infrastructure to turn it into an asset for the development.

^^^ are you referring to the park space and related improvements which will connect to the Emerald Trail?
If so, that is an asset for the entire county. A more vibrant, connected system of parks which improves QOL for the inner city is a win no matter your residential address.

acme54321

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Re: T-U building for sale
« Reply #96 on: November 24, 2021, 10:19:52 PM »
Holy crap, the city is giving them $7.76M for the park land?  Wtf.

tufsu1

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Re: T-U building for sale
« Reply #97 on: November 26, 2021, 01:55:21 PM »
Holy crap, the city is giving them $7.76M for the park land?  Wtf.

well it is riverfront land privately owned that will be turned over to the City

acme54321

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Re: T-U building for sale
« Reply #98 on: November 28, 2021, 08:37:27 AM »
Holy crap, the city is giving them $7.76M for the park land?  Wtf.

well it is riverfront land privately owned that will be turned over to the City

If it's so valuable why is the developer so eager to give it up?

tufsu1

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Re: T-U building for sale
« Reply #99 on: November 30, 2021, 04:15:35 PM »
Holy crap, the city is giving them $7.76M for the park land?  Wtf.

well it is riverfront land privately owned that will be turned over to the City

If it's so valuable why is the developer so eager to give it up?

its part of the approval deal

Florida Power And Light

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Re: T-U building for sale
« Reply #100 on: December 06, 2021, 09:34:32 PM »
Ron Littlepage would be happy with “ The Deal”.
Me too.
Public space/ park land.
McCoys creek mouth at the River, currently underneath the FTU building,funneled through a below ground giant culvert, to be opened up to the sky, and widened to 80 feet.
Finally.