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Re: Arcadia on the River - 1101 West River Parkway

Posted: November 17th, 2017, 5:03 pm
by go4guy
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.

Re: Arcadia on the River - 1101 West River Parkway

Posted: November 17th, 2017, 5:35 pm
by HiawathaGuy
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.

Re: Arcadia on the River - 1101 West River Parkway

Posted: November 18th, 2017, 12:23 pm
by go4guy
Makes sense. Thanks!