Love the piece. This is my backyard and it's the first real news I've had about what has been occurring and what may yet occur to this very important - and of late, very neglected - quadrant. Thanks to clear, concise and researched reporting, I have a solid understanding of yet another aspect of my great neighborhood.
The schematics, while they take a bit to download, are worth the wait and are 'Jane Neighbor' friendly. I can even see my house!
Thanks LHT - can't wait for part three!
Sep 23 2009, 4:00 pm by rarepair










Great job LHT! A comprehensive, balanced piece which includes the perspectives of all the key players. Kudos to Kathy Stewart and the LHAIA LUC for their time, energy and vision so that we can be ready to share that vision with developers who can make it happen. More residential and reworked retail is the way to go and will indeed have a ripple effect.
All the talk of foreclosure is pretty meaningless. From what I am told, IF the property went into foreclosure it would mean very little past a bunch of paperwork and may open additional opportunities for re-development.
Either way - we are thrilled to be on this intersection and will work hard to help improve it...as long as we get to stay!
"additional opportunities for redevelopment" amounts to a lot more than just moving papers around, in my opinion.
Do you rent from Todays Realty Advisors, David? Is the property currently under a joint venture with Todays Realty Advisors as the Managing Partner? If so, and it the bank forecloses, who does the paper shift to? The bank? I can't imagine a bank is going to want to own that property for very long. In fact, relative to redevelopment opportunities, a distressed debt sale within the TIF would be a very good thing if the right buyer came along.
We would LOVE to see this property re-developed to include residential. We're not fans of the zero lot concept but would rather anything compared to what we have now.
Thank you for putting together such an interesting piece!