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Niner National

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Posts posted by Niner National

  1. 2 hours ago, elrodvt said:

    I was curious about the progress of Google Fiber in uptown so went for a walk today to see if I could figure anything out. I walked north along Davidson and around 7th street you start to see utility boxes labeled GFBR. There is also a lot of fresh digging from there along 8th up to Sky House (i think it was 8th, i should have taken notes). I think they're pretty much ready to tie in Sky House if they want. It also looks like they're getting close to The View but I don't understand how it ties into the Sky fiber and perhaps is coming from a different direction (hub). It's pretty hard to figure out their master plan from all this but I I would bet they're taking the path of least resistance to hook up the large residential buildings and any office buildings they've signed up. There are also a TON of fresh utility markers throughout uptown near the street curbs that would seem to lead to most of the large buildings. I probably missed a lot.

    I also read an article that across the country their pace has picked up a lot as they adopt a newer practice called micro trenching (http://www.thefoa.org/tech/ref/install/Microtrenching/index.html) and maybe that is why I saw some GFBR utility boxes without much apparent digging nearby? Don't know if that is allowed in Charlotte though.

    All in All still pretty confusing but I felt a lot more optimistic than before my stroll.

    Does anyone have any actual facts about their roll out plan uptown?

    I live in Seigle Point (10th and Seigle). They are actively installing Fiber in the neighborhood right now. Unfortunately only to the apartments so far. I'm hoping the townhomes aren't left behind.

    • Like 2
  2. 1 hour ago, PuppiesandKittens said:

    I read that Charlotte has only 33 square feet of retail real estate per person--far lower than Boston (55 sf) and other cities, and far lower than the US average.  This surprises me, and with the relatively low retail square footage in Charlotte, I'd think that uptown would have kept its retail components, but it didn't.

    I also can't figure out how Greenville, SC is snapping up one higher-end national retailer downtown after another, but Charlotte doesn't.  Charlotte, on paper, has everything necessary to do so uptown.  I'd guess people just don't go uptown for leisure, unless you're 21 years old and going out bar-hopping?

    Charlotte's problem partially stems from the fact that South Park is relatively close to Uptown. Until recently, there were less than 10,000 people living in Uptown. Even now, the population numbers for uptown aren't all that remarkable. 

    Combine the low population and a nearby competitor with relatively high lease prices in an era where retail traffic is already struggling and you end up with a situation like ours. Many high end retailers are going to be hesitant to put another location in uptown out of fear that it will simply lower their sales per square foot at South Park.

  3. 8 hours ago, KJHburg said:

    I wasn't talking about apartments I am more interested in for sale townhome product since it is on a hill. Homeowners stabilize and establish stakeholders in the neighborhood more so than relative transient apartment renters. 

    I'm really hoping the large plot caddy corner to the storage project will be for sale townhomes in the $350,000+ range. I own a townhome in Seigle Point and I'd love for those to be used as comps for the area. More low income housing at this intersection would be a bad thing for Belmont.

    • Like 1
  4. On 2/27/2017 at 4:07 PM, SgtCampsalot said:

    The townhomes are on N Myers St, in between 15th St and Belmont Ave. If I may be so bold, they are a bit of a travesty... what are you smoking having a garage door facing the greenway like that? As nice as it is to have some for-sale properties in the area.

    You can also watch them celebrate clearing trees on their facebook page.

    peridoe.jpg

    Walked past these today. Particle board construction. For the price they're charging you think you would at least get real plywood, but nope.

    • Like 2
  5. 7 hours ago, hokiehigh said:

    I noticed last weekend that paper is now covering the windows of John's Country Kitchen and the tattoo shop beside Twenty Two.  I have no idea what is going in there.   Also, the buildings behind the DQ are about to be renovated. 

    The only new addition I know of is a juice shop but I am not sure of the location. 

    Building behind DQ will be ready in summer. I asked the property owner what he was aiming for there for a tenant and he said anything but a restaurant because the parking requirement for a restaurant can't be met there.

    The original plan for the Volvo repair shop was for that area to be redeveloped, but he has decided to keep the building and keep them as tenants. He owns the entire block except the pawn shop and the DQ. He said he'd never touch the DQ since it is a neighborhood institution.

  6. 35 minutes ago, SgtCampsalot said:

    Maybe they're hoping it will pique the interest of drivers...?

    Yeah, I think this is more to show drivers that X number of people are walking and driving and your lazy fat ass is driving.

    To be clear, I don't think people driving in are lazy fatasses, they're just trying to show people that others are doing it and so can you.

  7. 12 hours ago, AirNostrumMAD said:

     

    Its the only place that makes sense. I wonder if along stonewall closer towards midtown. 

     

    If every street corner in Huntersville, Lake Norman, Cornelius, Ballantyne, etc can have billions of Teets, Publix and their Whole Foods & Fresh Market. Why can't center city? Isn't Uptown + SouthEnd 30,000 people now? 

    Uptown really isn't all that far off from having as many options within a one mile radius when compared to other areas. 

    You have / will soon have: HT, Publix, Whole Foods, Trader Joes, Target, BJs.

  8. 19 hours ago, SouthEndCLT811 said:

    For what it's worth at the supporters group event yesterday the owner of the Independence was there and said even prior to the Smith debacle from last week they were told MLS views Charlotte as the 8th market out of the 10 they've come out to say they're interested in.  San Diego, Detroit/St Louis, Sacramento and Nashville (surprise one) were the top cities in the minds of the MLS.

    Other interesting news is if the Smith's don't submit their bid or are unsuccessful the Independence will try again for phase 1 renovations of Memorial to convert to a 10,000 seat stadium.

    Interesting. I figured with our support for the friendlies, fast growing market, and strong support of our existing professional franchises, we'd be close to the top of the list. NC is a top 10 population state and quickly growing. I'd think both Charlotte and Raleigh would be near the top of the list for that reason and the large gap between Atlanta and DC.

  9. 3 hours ago, atlrvr said:

    The Panther's franchise fee was $140mm.  The next new franchise in the NFL was the Houston Texans, and their franchise fee was $700mm, and the public kicked in $289mm of the $474mm of Reliant Stadium.

    The real issue here is 2 fold:

    1) MLS franchise fees have doubled since last expansion

    2) MLS stadium expectations (quality/fit finish/etc) have > doubled since last new stadium

    MLS is almost fully expanded.  There are teams 27-28.  That means likely only 1 more round of expansion to get to 30 teams.  Even if franchise fees increase to $200-$250mm, that's not a lot of money to be divided out among the 28 existing owners.  This is why public money is required to get a decent return.

    IF Charlotte wants to try for teams 29-30, it gets MUCH MUCH worse. The expansion fees will be higher, and there aren't expected to be any future expansions to generate returns for those new owners.  Team ticket sales doesn't do better than breakeven on operating costs, and MLS is still a way off from meaningful TV rights deals.

    I know it's easy to pick on a Billionaire, but asking someone worth ~$1B to spend 35% of their net-worth of something as risky as MLS, and at BEST get a total return of 5% in 5 years is not something that makes sense.  Even worse, in the next round, asking them to spend likely 50% of their net worth for 0% return, or actually negative return is even less likely, which means the public ask for teams 29-30 will be 2x (or more) higher.

    If you guys want this without public subsidy, you're going to have to either convince someone much richer than anyone who currently lives in Charlotte to move here, or at least be a benevolent benefactor and buy a team in Charlotte :)

    Raleigh has their rich guy, who has $9 billion....those $8B more than the Smith's makes a big difference in willingness to fund vanity projects.

    James Goodnight is not the person behind the Raleigh bid. Can't remember the guy's name, but he's worth hundreds of millions, not billions.

    Also, the Smiths don't have to fund this all themselves. They can do what Jerry Richardson did and put together a strong team of investors. The Smiths will probably let ego get in the way, however and grovel to taxpayers to help fund their toy rather than sharing it with others.

  10. 2 hours ago, atlrvr said:

    I'm disappointed.

    MLS games average higher attendance than NFL of MLB, and is the fastest growing sport in terms of ticket sales in the US.  I suspect that MLS will replace the NHL in the pantheon of Big 4 professional leagues in the next 10 years.

    I'm def biased, as I played soccer in HS, play currently in a men's league, and coach my own son in soccer, and recently have begun to watch Bundesliga on Fox Sports (sometimes EPL or MLS as well).  I also have Panthers season tix, and go to some Hornets games a year.....all that just to indicate that I'm probably on the very supportive end.

    One caveat though, as someone who played HS in Charlotte and now coach youth soccer, and witnessing the growth of the sport and talent level here, soccer is BOOMING.  The cohort of people who played and now have kids that play is dramatically increasing annually, and this builds a true base.  Also, the ramifications around concussions in the NFL is diluting the talent pool in youth sports, and longer term you will see an increasing shift in quality of US talent here (at the expense of other sports leagues, but primarily NFL and secondarily MLB).

    I would warn everyone (I guess the decision makers most importantly), that passing now will likely be a major regret in 10-15 years, and the price to entry (if it's even possible) will be multiples higher.

    The decision makers are unfortunately either too old or childless to see how quickly the sports paradigm is shifting, especially at the youth level.

    The decision makers are ultimately the citizens--and they've overwhelmingly spoken out against it.

    I think it'd be cool to have a team here, but I'm tired of public financing for venues--especially when the teams carve out all the most valuable revenue sources for themselves. They don't even try to make a fair deal with the cities, they want all the profit and as little of the expense as possible.

    If the Smiths would give up the naming rights funds until the initial funding by the city/county is repaid, I'd 100% be on board, but there is a 100% chance they will not do that.

    • Like 1
  11. Just now, edmundblackadder1999 said:

    Charlotte would be so much nicer if it had old buildings like that.  In such a small city with lots of empty land, there was no reason to raze great, old buildings.

    Well, the city used to just be roughly what is now Uptown and it was quite dense. 

    There were reasons at the time, though in hindsight we know tearing down these old buildings was a mistake. You have to keep in mind the time period in which they were torn down though--primarily the 60's and 70s. At that time, most of the buildings in Uptown were only 30-50 years old and not really considered historic.

    • Like 2
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