U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > North Carolina > Charlotte
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 09-25-2012, 06:43 AM
 
Location: The 12th State
22,974 posts, read 58,465,585 times
Reputation: 14917

Advertisements

A developer that purchased historic Mecklenburg Mills in Charlotte's NoDa neighborhood is asking for $2.4 million from the city to help renovate it into housing, but the request has met with skepticism from City Council.

read more here
Mecklenburg Mill renovations request met skeptically





Do you think the developer will get it?
Reply With Quote Quick reply to this message

 
Old 09-25-2012, 07:51 AM
 
8,402 posts, read 20,270,905 times
Reputation: 6774
They shouldn't get a dime. The city has already thrown away $7 million in attempted renovations, and I'm sure no one said two words about that. The taxpayers just had to accept that the city made bad decisions. The developer bought the building, nothing was intentionally hidden, so they're on their own. If a buy a home (or car, or anything) to fix up and profit from, I can't go back to the previous owner and ask for money because there is more work to be done than I originally thought.

One of the commenters has an excellent point:

"And you can't build cheap housing in an expensive building. Old buildings are expensive to re-fit and maintain. You can't change that and so can't build cheap housing in it."

This it yet another example of the city looking for ways to waste our money.
Reply With Quote Quick reply to this message
 
Old 09-25-2012, 07:58 AM
 
3,914 posts, read 3,940,327 times
Reputation: 1272
If it was one of the insider politically connected developers in this city, then they'd already have the money.

Historically, this property is a great example of the horrible results of when the city gets into the land development business.
Reply With Quote Quick reply to this message
 
Old 09-25-2012, 08:39 AM
NDL
 
Location: Gaston County
3,115 posts, read 3,607,600 times
Reputation: 2045
Quote:
Originally Posted by vmaxnc View Post
they shouldn't get a dime..."the developer bought the building, nothing was intentionally hidden, so they're on their own. If a buy a home (or car, or anything) to fix up and profit from, i can't go back to the previous owner and ask for money because there is more work to be done than i originally thought.
+1
Reply With Quote Quick reply to this message
 
Old 09-25-2012, 02:17 PM
 
Location: Charlotte, NC
4,760 posts, read 6,406,696 times
Reputation: 5236
The city shouldn't put a dime into that place. The new owner should have known what he was getting into from the start. Something does need to be done soon though. That place is looking awful.
Reply With Quote Quick reply to this message
 
Old 09-25-2012, 02:34 PM
 
3,914 posts, read 3,940,327 times
Reputation: 1272
It seems to me it's been quite some time since the place was found to be dangerous and unfit for human habitation and people were removed from it years ago. No doubt it's gotten much worse now that this time has passed with no upkeep. It's my guess the place will have to be pushed down now and something else built there.
Reply With Quote Quick reply to this message
 
Old 09-25-2012, 07:24 PM
 
Location: Inactive Account
1,508 posts, read 2,469,341 times
Reputation: 965
By this point scavengers have probably stripped the plumbing and wiring out of it. Maybe the facades could be salvaged, gut everything else and rebuild.
Reply With Quote Quick reply to this message
 
Old 09-25-2012, 08:49 PM
 
2,826 posts, read 4,131,975 times
Reputation: 6808
The city 'taxpayers' spent 7 million on this property and then sold it for 1.25 million to a developer in 'AS IS' condition.

Now our mayor wants to consider giving up another 2.4 million of taxpayer money?

Unbelievable.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:



Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > North Carolina > Charlotte
Similar Threads
View detailed profiles of:
Follow City-Data.com founder on our Forum or

All times are GMT -6. The time now is 05:33 AM.

2005-2019, Advameg, Inc. | Please obey Forum Rules | Terms of Use and Privacy Policy

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top