Share your opinion about Fane TowerSubmitted by quinntronix t3_10aumg4 in RhodeIsland
Kiyranti91 t1_j47a0oj wrote
Reply to comment by Proof-Variation7005 in Share your opinion about Fane Tower by quinntronix
That's a big part of my feelings on this - while I'd prefer the city find other investors and ways of making some big moves, it's been some 30 years since the last BIG move and the city is crawling forward. I love this city enough to want to see it have some progress without kicking this away and waiting (who knows how many more) years for another OFFER to come (years more away from that coming to fruition). They need to do something, and waiting several more years or decades for the perfect thing to fall in our lap just isn't practical.
Proof-Variation7005 t1_j47dqlj wrote
Totally. I'd get not wanting to just jump at the first offer but the idea that this is some supremely desired parcel of land we're underselling? It just doesn't line up with what's happened.
I would hope that whatever purchase price for the land has at least adjusted to account for the real estate bubble market correction we've had since 2016 but I'm not going to pretend I know enough to say what is or isn't a good deal on that beyond two things
-
Right now, it's wasted space. Parks are cool. This is still wasted space. It was never meant to be permanent green space.
-
It sorta seems like there's only one interested buyer that isn't Brown University. I don't even know if they have interest, I'm just assuming they would and they're the one entity you can not do.
Viewing a single comment thread. View all comments