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re: New owner of Mountain Inn site plans mixed-use, condos, hotel project.
Posted on 6/27/14 at 12:26 am to SunHog
Posted on 6/27/14 at 12:26 am to SunHog
quote:
I envision Dickson and the Square becoming closer with more rot iron and balconies if I had some say in it.
This sounds good. East Ave between Dickson and square has a good vibe. Just more 2-3 story traditional infill would be nice, but will you ever be able to make a proforma work with those parameters.
Its just about gotten where its necessary to add residential to any building downtown, just to help the numbers work. The sweet spot is max 5 stories so you don't have to use steel. The Dickson and Legacy both fricked their proformas by paying too much for the land, and then having to use steel going up 8 to 9 floors.
2
Posted on 6/27/14 at 12:34 am to wmr
Sun, with a few of the Waltons moving in and buying up some Emma Ave stuff, will they ever do something similar in Fayetteville? There are some streets downtown with wonderful potential which are being under-used.
Posted on 6/27/14 at 12:41 am to wmr
quote:
This sounds good. East Ave between Dickson and square has a good vibe. Just more 2-3 story traditional infill would be nice, but will you ever be able to make a proforma work with those parameters.
Probably not at this time. It's a spotty but hot market in NWA at the moment because of all the development and population increase.
quote:
The Dickson and Legacy both fricked their proformas by paying too much for the land, and then having to use steel going up 8 to 9 floors.
In all truth.. I'm not sure how I truly feel about Dickson Street at the moment for long term gain. I'd love to do my bar on the strip or close by to bring energy and history alive in the bar scene.
Did you see these new ones going up across the street from the Jr. High off MLK?
This post was edited on 6/27/14 at 1:52 am
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