First off if you read the city's documentation on this development going back to 2005 you would known both Eitel and Loring park apartments were originally meant to be sold condos.FISHMANPET wrote:I honestly have no idea what point you're trying to make. Maybe if you stated a clear thesis we could engage with you but if you just post a stream of consciousness nonsense with one sentence per line, nobody is going to do anything but mock you.
I also don't understand why you keep going on and on about selling the units, since these are rentals. How can you say that these will come on the market at half the cost of surrounding units when there's no sales price stated (because they're not for sale!). And even if you did have "sales prices" for these units, I'd still think it silly, because in what world would a developer fight tooth and nail to build something and then give away half their revenue for no apparent reason?
I'm also going to have a hard time buying an environmental argument against building dense housing, but it sounds like maybe you're trying to make that argument as well?
Two just because Eitel and Loring Park Apartments are now rental doesnt mean the property price per unit doesnt affect the sale price of condos. My crap studio in this crap brownstone does have a tax value. that tax value is part of its appraised value and the appraised value of rental units affects the appraised value of $800,000 townhouses down the street. Its an adult mature topic that you consider when you've joined the adult world. And its a huge debate item in regards to development.
And its difficult to debate or even factor in environment or sustainability factors when a Environmental Impact Study has not been comoleted on any privately funded and developed property.
Other major cities which are situated among large bodies of water, rivers, streams and lakes do have these studies.
Because Minneapolis ceased to have stringent processes and policies it mimics cities like Detroit rather than major cities with sustainable growth.