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

Posted on 6/27/14 at 12:41 am to
Posted by SunHog
Illinois
Member since Jan 2011
9202 posts
Posted on 6/27/14 at 12:41 am to
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
Posted by Hawgeye
tFlagship Brothel
Member since Jun 2009
31102 posts
Posted on 6/27/14 at 10:25 am to
Also, there are 5 new apartment/student housing complexes set to start soon.

Along the lines of Cardinal, University House, Frisco layout.

One is actually going in beside the Cardinal. Not sure how they're going to pull that off. I know one group who has been trying to purchase the large lot of land across from the new Casey's on Wedington, but the lady wants too much money.
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