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New owner of Mountain Inn site plans mixed-use, condos, hotel project.

Posted on 6/26/14 at 9:15 pm
Posted by wmr
North of Dickson, South of Herman's
Member since Mar 2009
32518 posts
Posted on 6/26/14 at 9:15 pm
Mixed-use, hotel, condos, parking deck planned for former Mountain Inn site......again.

flyer article

Below is a reminder of what was once planned there before the last real estate bust. Hoping for something of this caliber:

This post was edited on 6/26/14 at 9:16 pm
Posted by trillhog
Elite Membership
Member since Jul 2011
19407 posts
Posted on 6/26/14 at 9:35 pm to
Don't plan on that happening anytime soon if ever
Posted by wmr
North of Dickson, South of Herman's
Member since Mar 2009
32518 posts
Posted on 6/26/14 at 9:37 pm to
quote:

Don't plan on that happening anytime soon if ever


And why do you say that, buddy boy?
Posted by trillhog
Elite Membership
Member since Jul 2011
19407 posts
Posted on 6/26/14 at 9:44 pm to
Just a hunch, unless they havnt done their homework
Posted by wmr
North of Dickson, South of Herman's
Member since Mar 2009
32518 posts
Posted on 6/26/14 at 9:48 pm to
City approval won't be a problem, and they got this property for a song. It probably won't be 18 stories like the previous plan, but I could see something working here if its not so reliant on condos.
Posted by trillhog
Elite Membership
Member since Jul 2011
19407 posts
Posted on 6/26/14 at 10:34 pm to
Be cool if it did, they'd just have to really go vertical to add enough parking and everything they need to do to make that work and that would be expensive. They have to get a flag, I doubt they'd sell any condos at all, so It would have to be all hotel and an expensive one at that, the chancellor hotel can barely get a $100 a night right now
Posted by wmr
North of Dickson, South of Herman's
Member since Mar 2009
32518 posts
Posted on 6/26/14 at 10:59 pm to
I could see ten stories, with some ground floor tenants, a smaller or boutique hotel chain, like Aloft or something else, taking up 5-6 floors, and a couple stories of really nice condos. The condos on the upper floors at the square seem to command nice high prices and aren't as empty as the Dickson has been.
Posted by SunHog
Illinois
Member since Jan 2011
9202 posts
Posted on 6/26/14 at 11:13 pm to
My younger brother and I argued over this property. We almost put a bid in but Ramsay Ball was being fickle with the information.

I would've done the exact same thing as described thus far. I just don't see Fayetteville being luxury with all the downtown development of Bentonville. My two cents.

However, I was going to put this in..



If you've been to NOLA you'll understand.

I'm talking too much.. However, I don't care and blame this Siberian alcohol. shite is NO joke.




This post was edited on 6/27/14 at 2:38 am
Posted by wmr
North of Dickson, South of Herman's
Member since Mar 2009
32518 posts
Posted on 6/26/14 at 11:23 pm to
Fayetteville just won't have the same hotel demand that Bentonville does unless we get some kind of corporate relocation here. Rogers and Bentonville will keep getting lots of nice stuff up there.

Fayetteville will be what Fayetteville seems to want to be--a college town. Fayetteville actually works pretty hard at being non-elitist and egalitarian. I'm ok with that. Real estate seems red hot here lately. I and a friend of mine have both had people stop by inquiring about our houses because they wanted to live in our inner town neighborhoods and wanted to make cash offers.

Hell I did the same on a house I have always wanted, but got no response.

Posted by wmr
North of Dickson, South of Herman's
Member since Mar 2009
32518 posts
Posted on 6/26/14 at 11:36 pm to
Oh, and I doubt the real estate community of Nam browses the Ark board on tRant.

Build the carousel bar somewhere else in town.
Posted by SunHog
Illinois
Member since Jan 2011
9202 posts
Posted on 6/26/14 at 11:36 pm to
You've even seen a large shift in luxury dining heading north as it should. I too want Fayetteville to grow and become a better town. However, it is a college town but doesn't mean it cannot become an ever greater college town. I was reading the Alumni magazine today (it's how this siberian brandy thing got started) and it says to expect a new recorded enrollment once again this fall.

I know the housing market in Fayetteville is red hot right now. We don't develop houses but from the numbers I've been hearing it sounds like people are doing well! I like to see that.

I feel your pain, again.. We are waiting on a counter for a very good piece of property very close to Bud Walton for a nice development I have planned. However, all those years as a broker in LA tells me to start vomiting now, we won't get it.

Back to Mountain Inn.. Please let the buyer build something that will compliment the Square and build it forward not Modern!
Posted by SunHog
Illinois
Member since Jan 2011
9202 posts
Posted on 6/26/14 at 11:39 pm to
quote:

Oh, and I doubt the real estate community of Nam browses the Ark board on tRant.



There will come a time I need to get off all message boards. Problem is I personally enjoy them. I like to shoot the shite and argue with people because it's not personal it's the cigar room.

quote:

Build the carousel bar somewhere else in town.



Waiting on the right op. Dickson Street theatre is still for sale. Why don't you buy it and I'll be something next door so I have quality neighbor?
Posted by wmr
North of Dickson, South of Herman's
Member since Mar 2009
32518 posts
Posted on 6/26/14 at 11:43 pm to
quote:

I was reading the Alumni magazine today (it's how this siberian brandy thing got started) and it says to expect a new recorded enrollment once again this fall.


Oh gawd. I was hoping it might slack off some.

Fayetteville has shitty, shitty leadership right now. They get involved with shite they shouldn't get involved in. I'm amazed we even are getting Whole Foods here. That's a feather in their hippie fedoras.
Posted by wmr
North of Dickson, South of Herman's
Member since Mar 2009
32518 posts
Posted on 6/26/14 at 11:45 pm to
I wasn't aware Dickson Street theater was for sale. You are talking the DST, and not the old UARK, right?

That building is just a warehouse more or less. There's an opportunity to bring that building to the street and add a story or two to it. The patio area out front is useless, and needs to be built upon, since all parking is pay now.

This post was edited on 6/26/14 at 11:47 pm
Posted by SunHog
Illinois
Member since Jan 2011
9202 posts
Posted on 6/26/14 at 11:52 pm to
quote:

Fayetteville has shitty, shitty leadership right now. They get involved with shite they shouldn't get involved in. I'm amazed we even are getting Whole Foods here. That's a feather in their hippie fedoras.



You think Fayetteville does.. Try my hometown. OLD MONEY FORT shite! I would do anything to run for council and bring that stupid city into the 21st century.

Posted by wmr
North of Dickson, South of Herman's
Member since Mar 2009
32518 posts
Posted on 6/26/14 at 11:53 pm to
Also I heard that Fix is getting axed and will become something called Cannibal & Craft this August. Sort of a Ben's Apt without the membership, craft cocktails and cool interior.

Posted by wmr
North of Dickson, South of Herman's
Member since Mar 2009
32518 posts
Posted on 6/26/14 at 11:55 pm to
Fayetteville seems to want to out liberal and out socialist themselves. A different set of problems.

Streamside protection, hillside overlay, etc. I'd be fine throwing most of that shite out and implementing design standards across the city. Not likely, though, as Fayetteville takes pride in being forward-thinking. We'll continue to get some good modern architecture, and some shitty modern architecture.

I like the stuff ERC is doing with Thrive in B'ville. Wish we'd get some of that in Fayetteville.
Posted by SunHog
Illinois
Member since Jan 2011
9202 posts
Posted on 6/26/14 at 11:58 pm to
That's it.

Looked at it two months ago, still on the market. It's to far back in my inbox ($760k???) might have to ask the lady I pay to help me with stuff where it is. Aqua Fire is for sale for $1.89M

I know you've posted about Walton Arts Center but I personally want it to go away and build bars like Bourbon St. and embrace what the area by campus truly is.. a campus scene.
This post was edited on 6/27/14 at 12:01 am
Posted by wmr
North of Dickson, South of Herman's
Member since Mar 2009
32518 posts
Posted on 6/27/14 at 12:01 am to
I frankly give two shits about WAC anymore.

If I was poking around for deals downtown, I'd inquire with Rael Corp out in California as to why they've not yet begun demo for their five story infill project that was approved behind Colliers. I'd also inquire with Dinerstein about why they have only cleared lot but not begun construction on their Lafayette St project. Both have been given every approval needed.

Zweig is refurbing another old co op home along Spring and plans to list it at 800k. He's also about to renovate and expand a building on College Ave north of Rick's Bakery.

There's also some kind of non-profit building that takes up a block of Spring between locust and church. That would be a killer spot for mixed use, further tieing Dickson to the square.
This post was edited on 6/27/14 at 12:03 am
Posted by SunHog
Illinois
Member since Jan 2011
9202 posts
Posted on 6/27/14 at 12:03 am to
quote:

Also I heard that Fix is getting axed and will become something called Cannibal & Craft this August. Sort of a Ben's Apt without the membership, craft cocktails and cool interior.



I'm out of the loop on the bar scene, just know the buildings. I'm assuming this could be a good thing?
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