So what is the latest with the race track closing and the new development starting? It seems like this keeps getting delayed. I noticed the race track calendar has events scheduled through the end of the year.
quote:Sounds like you know something the rest of use don't? Was there a LUST or something?
My best guess is they got the ESA back and realized the profit margin would be really slim for the cost of cleanup prior to beginning development. Or perhaps they don't have the capital to undertake what has to be a significant cleanup and contaminated dirt removal/disposal.
quote:The rumor is yes but I haven't been able to confirm it, so who knows.quote:Sounds like you know something the rest of use don't? Was there a LUST or something?
My best guess is they got the ESA back and realized the profit margin would be really slim for the cost of cleanup prior to beginning development. Or perhaps they don't have the capital to undertake what has to be a significant cleanup and contaminated dirt removal/disposal.
quote:Leaking Underground Storage Tank
Can you inform the rest of us sheeple what a "LUST" might be ?
I continue to remain hopeful that it won't be a housing development.
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I looked at the plat. Hopefully that never happens. Looks like a million houses and not near enough highway access.
quote:How an it be next to a highway "not enough highway access"?? Why, should it be surrounded with freeways, like the old Texas Stadium in Dallas?
I looked at the plat. Hopefully that never happens. Looks like a million houses and not near enough highway access.
quote:Agreed about highway access. And it's surprising to see the angst about this. More growth, more housing for folks moving here, more taxable properties. It's a win win win.quote:How an it be next to a highway "not enough highway access"?? Why, should it be surrounded with freeways, like the old Texas Stadium in Dallas?
I looked at the plat. Hopefully that never happens. Looks like a million houses and not near enough highway access.
quote:Nailed it.
Folks in this town can't have their cake and eat it too. Most people I talk to want more restaurants/retail/whole foods/Costco etc... All of those users want more residential density around them before they enter the market. More rooftops=more amenities that people want. College Station is running out of affordable residential land to develop. It's a pipe dream to expect that residential development will not get more dense, given the scarcity of land. Would my ideal development consist of 2000 lots, all with 50' lot fronts? Probably not. But the real demand in the housing market right now sits in the $200k to $300K range. You absolutely cannot deliver that price home right now in a restricted suburban neighborhood where lots are 10,000 foot minimums. The $375K+ home market around here has slowed significantly and is currently quite stagnant. Should we exclude lower middle income families from moving in to College Station?
quote:Have you looked in Castlegate II?
With lots that small I don't think the houses are going to be 300K+
Looks like a stylecraft/Froehling squeeze as many lots as you can into the space from what the plat looks like.......
quote:Nailed it.
It's going to be a slum from Day 1. Once it shows a little age, it will get much worse.
quote:Ding ding ding, these types of developments are going up in suburban Houston and Dallas (probably S.A. and Austin as well) and they're small but also expensive. If you're concerned about trying to price out "the poors", what you'll end up is obscenely expensive housing for everyone, making College Station basically a more socially conservative San Francisco, but with no hills, scenery, or good food.
Are you trying to say that the criminal element comes from college educated lower middle class families making combined household incomes of $90k to $115k per year? Because that is the demographic buying homes in this price range in these types of developments in suburban Houston and Dallas.
quote:Exactly. The snobs will never be able to price out the poor in College Station.quote:Ding ding ding, these types of developments are going up in suburban Houston and Dallas (probably S.A. and Austin as well) and they're small but also expensive. If you're concerned about trying to price out "the poors", what you'll end up is obscenely expensive housing for everyone, making College Station basically a more socially conservative San Francisco, but with no hills, scenery, or good food.
Are you trying to say that the criminal element comes from college educated lower middle class families making combined household incomes of $90k to $115k per year? Because that is the demographic buying homes in this price range in these types of developments in suburban Houston and Dallas.
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Exactly. The snobs will never be able to price out the poor in College
quote:Do you own that term? Embrace it? I think you should.
Also Eastside NIMBY