03-30-2020, 11:54 AM
(03-30-2020, 10:08 AM)tomh009 Wrote:There are 9 residential properties, a Buddhist temple and a building with several presumably thriving automotive businesses there. It seems unlikely that all of those owners will want to sell in any time frame that would be useful for the purposes of the current development. It is already a very large development. Managing it will already be a big job without complicating it by trying to acquire properties from unwilling owners, and then persuading the city to allow them to demolish all of those buildings. Maybe 20 years down the road, some of the property owners may decide that they don't want to live next the dense development and want to sell, but I don't see that it would happen anytime soon.(03-29-2020, 11:10 PM)Acitta Wrote: I think that they have enough to work with as it is. It is going to take up to 10 years to develop what they have.
And if they stage the construction right, they'll have 5+ years to acquire some of those properties yet and integrate them into the plan.