The Eclipse

[TroyGBiv]

My gut is that there are a lot of proposals out there and not as much demand - for residential and office. The Wells Fargo project doesn't add much space to downtown vacancy rates - so the few office development proposals are not impacted by those new structures. The full effects of the Downtown East development have not been felt yet - the energy around that new area is very real and unprecedented. The north end of the Nicollet Mall - if the Opus and the other Nicollet block adjacent to it could change the game for the Eclipse and that transitional area - could really change the skyline. I think that any vacant block with a close proximity to the LRT lines is going to be snapped up pretty quickly.

[seanrichardryan]

You have more class and patience than I, sir.

Typical realtor. Sheesh.

[aeisenberg]

You have more class and patience than I, sir.

Typical realtor. Sheesh.

Typical Realtor, trying to humanize people who sell for a living, and push back against dumb stereotypes.

[Nick]

Man, this thread, right?

[Didier]

I hate to extend this thread, but for the record, I don't have any inherently negative feelings about realtors.

[Tyler]

Me either! Both my brother-in-law and sister-in-law are realtors! So sorry for the hurtful and lazy bashing of the poor lady at the sales office!
Friends?!

[nickmgray]

I apologize for getting the threat off topic. My comment was not intended to bash realtors. it was based on my personal observation of what I heard from multiple realtors over the course of six months and the facts which transpired afterwards. If I have offended anyone, I apologize.

[aeroknase]

Anyway, getting back on topic.... the most recent Case-Schiller index shows prices increases are starting to stall out so Stanton might be less inclined to develop anymore condos.

[grant1simons2]

It's back according to the development map?

[grant1simons2]

And now there's a bidclerk post on it.. hmm

https://www.bidclerk.com/project/2687575.html

[kiliff75]

Ignorant question here.... What is the significance of it showing up on bidclerk? Thanks!

[Munch'n]

Its active.

[kiliff75]

As in they are going to try to come back to submit (modified) plans to the city again?

[TroyGBiv]

It would be smart for them to get going and get a head start from United.

[Qhaberl]

Haven't seen anything on this project lately.


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[Tyler]

The Legacy is happening first. Stanton does one project at a time. Will this one be next? Who knows.

[acs]

If he manages to stay alive for another 5 years and the market stays hot... maybe.

[Qhaberl]

I think the market will stay hot. I love thinking about what the city will look like in 5 years, 10 years, 20 years. It will be nice to get that parking lot out of there.


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[mplser]

If he manages to stay alive for another 5 years and the market stays hot... maybe.

do you really think there is no "next in line" and his company will just liquidate when he dies?

[FISHMANPET]

I wouldn't be surprised if much of the his success is directly related to just how grumpy of an old man he is, someone else may not be willing/able to take the same chances/opportunities that Stanton has.