Arcadia on the River - 1101 West River Parkway

Downtown - North Loop - Mill District - Elliot Park - Loring Park
go4guy
Foshay Tower
Posts: 921
Joined: June 4th, 2012, 8:54 am

Re: Arcadia on the River - 1101 West River Parkway

Postby go4guy » November 17th, 2017, 5:03 pm

Ah. I see. So my question would then be, why tear down a newer office building when there are other vacant lots available? Although, I would say that current office building is a terrible use of that space. Just weird to see since it is so new.

HiawathaGuy
Wells Fargo Center
Posts: 1636
Joined: June 4th, 2012, 12:03 pm

Re: Arcadia on the River - 1101 West River Parkway

Postby HiawathaGuy » November 17th, 2017, 5:35 pm

Ah. I see. So my question would then be, why tear down a newer office building when there are other vacant lots available? Although, I would say that current office building is a terrible use of that space. Just weird to see since it is so new.
I believe it's the old saying, "Location, Location, Location..." if tearing down a 'newer' office building to build a new residential tower pencils out for them, then that's why it'll happen. This is such an ideal location for so many reason that buying a different (and vacant) lot, possibly won't give them the return potential this lot could. Just my 2 cents.

go4guy
Foshay Tower
Posts: 921
Joined: June 4th, 2012, 8:54 am

Re: Arcadia on the River - 1101 West River Parkway

Postby go4guy » November 18th, 2017, 12:23 pm

Makes sense. Thanks!


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