esotweetic t1_iy085eo wrote on November 27, 2022 at 7:38 PM

This project has been discussed since 2014 and has turned into a massive dissapointment. It could have been our Cleveland West side market. I just don’t know how any developer doesn’t see how well loved that is and conjure up this bs. Especially when it’s so comparable and close to our city. It should have been the first slide mentioned on the planning powerpoint presentation.

This is all well discussed in this sub and clearly is hated by the community.

HOWEVER, the next point is:

McAffrey has quietly apparently been shopping the project. He doesn’t want to give negative press any room to flourish because it will only ruin resale value for a potential flip.

Now he feels he has to double down by insulating this bs with more bs in the form of “luxury” condos that are sold for $900,000 starting price or apartments that start at $1,500 for a studio.

From there he’ll likely flip the entire block to a hedgefund and be long gone for a solid ROI on investment.

The wheel never is broken and will continue to spin.

The Terminal should be a case study in business class that not all development is good.

P.S- are we not going to also talk about the fact they permitted Cochran to build a whole ass AUDI DEALERSHIP in the Strip?

pAul2437 t1_iy0d7c9 wrote on November 27, 2022 at 8:11 PM

This was likely the most profitable move for mcafree . A community market doesn’t make money.

What was crappy was the city let them do it

Beginning_Physics_21 t1_iy1b3ou wrote on November 28, 2022 at 12:05 AM

Not all development is good this is true. This particular development is truly abhorrent. It's exacerbated by the fact that half the population in this region is already mad they're making changes to the strip to begin with. A lot of the people I hear complain about it are people who haven't gone to the strip in 20-plus years like my mother-in-law but they just know change is bad.

As someone who lived in 15222 for a long time, it is crazy to me that it is better to leave all those buildings unused and vacant vs. putting something in there.