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tarwater

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Posts posted by tarwater

  1. 10 hours ago, Trickbot said:

    In the first screenshot is where the new in campus hotel is being built. In the 2nd screenshot though there is a large construction project going on between Snyder Road and the football practice field. I have tried finding out what is was on my own but cant find it for the life of me. Does anyone have any ideas on what it is?

     

    This was puzzling me too for a while. Nothing is being built there. I learned that they are only using that area to break up rocks that were excavated from the hotel site. (Why or for what purpose I have no idea.) This required knocking down a bunch of trees unfortunately. 

    • Thanks 1
  2. 1 hour ago, Matthew.Brendan said:

    The operators continue with the lurching speed up/slow down randomly type of driving. It's really ridiculous.

    There must be a reason they do this, but I can't always figure it out. I've seen them slow down when there are signaling issues on N. Tryon (crossing gate arms hitting a car, lol) --that makes sense. But they also often slow down on the stretch between Old Concord and Sugar Creek, which can have nothing to do with signaling. 

  3. 22 minutes ago, Nick2 said:

    Oh wow! That same house sold for only 98k back in 1997. Talk about a killer investment.

    Is it? No idea! Let's see. That's 21 years, at a roughly 8.3% (non-inflation adjusted) annual growth rate. Nice, that *does* handily beat the S&P annualized returns at 7.349% (not adjusted) over the same period. But they also had to pay for 21 years of maintenance, utilities, and cumulative property tax bill of about 47k (partially-adjusted, best guess...). Yikes. 47k/21yrs = 2.23k per year tax expenses, but let's 2k more per year for miscellaneous expenses to 4.23k/yr and pop that into a compound interested calculator. 98k principle, 4.2k yearly addition, at 7.349% interest rate over 21 years equals $646,765. A good bit more money than they made with the house sale. And holy crap, the numbers get a lot worse if they had a mortgage.

    I don't know much about real estate or even math, but it seems to me you should buy a house if you want to live in a house. If you want an investment, put the money somewhere else.

    • Like 1
  4. Regarding Belk Plaza:

    "Significant corrections are needed to the paver sidewalks, masonry seat walls, and fountain stone veneer before the Plaza can be fully opened."

    The lawn stays closed for 3-4 more weeks while sod is established. Trees cannot be planted until late October.  Has a construction project ever finished on time in the history of this campus? 

    https://facilities.uncc.edu/sites/facilities.uncc.edu/files/fields/projects/file/Belk Plaza.pdf

    • Like 3
  5. 1 hour ago, KJHburg said:

    According to JLL 1st Quarter office market report, Cambridge Properties owner of the shopping center where a Kohls was formerly located is going to convert that retail space into office space.  So the 80,000 sq ft big box Kohls will become office space right in front of the LYNX JW Clay station ( a few feet down from it).   This is a good move and likely to attract an office user that wants lots of free parking but access to light rail as well.  I haven't heard this elsewhere but it makes sense.  

    This is also happened at Arrowood station with a long vacant Walmart big box store into office space. 

    I noticed this a couple days ago. They already have a sign up advertising office space. It doesn't seem like a good fit for the space though? Really the whole complex interacts poorly with the rail line. It's set so far back and the sidewalk layout is bewildering. I wish they'd tear it down and build something new.

  6. As one of the handful of Americans who checks out books from the library, I am disappointed. I adore Atkins, it has a relatively good selection of titles (unlike the Char-Meck system) . That said, study rooms *are* hard to come by... I just wish the books didn't have to be displaced to fix that--maybe they'll come back in vogue one day? 

    • Like 2
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