Look at that progress!
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Growing up just a couple blocks from DH Hill, I always thought DTR & the Fairgrounds were so fair in either direction. That you can see Hill & Dorton so clearly in this shot really brings home how close they are!!
Great shot. Thanks for the update!!
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Found this tucked away in the general hotel thread:
Putting here for reference.
#dtraerials
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The block looks incredibly sad in it’s recent legacy state. It’s hard to believe that this is a full block near the very center of one of the fastest growing regions in the country. It looks more like hollowed out St. Louis or Detroit.
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And yet… still exponentially more financially productive than the bustling Target on Timber dr. in Garner
Whiskey Kitchen
Imurj (RIP)
Capitol Smoke
Berkeley Cafe
2 attorneys offices
Uroz Beverage Distributors (?)
$10,528,824 of assessed value on those parcels alone totaling 1.25 acres
= $8.42m per acre.
Target: $11,416,091 on 11.67 acres
= $0.97m per acre
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Weird comparison
extra characters
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I think you might be off a block while picking on 
Pointing out that even a seemingly derelict city block produces exponentially more city taxes than what we (society) would call successful development in the suburbs. I should have used the Target in Raleigh, but you get the point
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You are comparing property values in DTR to a suburban area. I mean, of course DTR has higher property values. The land is worth a massive amount more per acre. I guess I don’t really understand your point.
His point is that suburban development leads to low productivity/value per acre and is unsustainable in the long term as it can’t support the infrastructure costs needed to maintain it.
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Kind of like public transportation, most places it is not intended to support itself or make a profit, it just kind of exists and slogs on and on and on.
I guess I don’t understand either. Downtown land is more valuable because there is less of it. It’s a finite resource and it therefore costs more. If we built all development downtown ala Manhattan, we’d have more valuable tax base, but we’d also have col through the roof. It’s a give-and-take balance, and we are better for having options.
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13 posts were merged into an existing topic: Zoning and Density
I’m truly an excited for all this new development I think the recession won’t hurt us in that like 2009.
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Btw that building to the right of this hotel is exactly the kind of thing that should be demolished before Goodnight’s, Berkeley, Depot, etc.
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Traffic control just wants to do his job lol
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