04-04-2019, 02:22 PM
(04-03-2019, 09:50 PM)Smore Wrote:(04-03-2019, 09:38 PM)jeffster Wrote: So that basically kills the plan that the city had for the Bramm Street Yards. How many millions did the city lose to keep a handful of citizens happy? And it was millions. Damn. SMH.
LOL .. a tad dramatic. Surface parking is future development lands, and a 3 yr lease is certainly not nearly permanent. The city always was holding that lot for future development and nothing in a 3 yr lease changes that status.
yes that is a tad dramatic considering that Perimeter will be paying about $330,000 per annum to lease that property as the new building gets built. That means that the city will be getting close to a Million bucks for land that is just sitting there at this point.