The City purchased a site on LaSalle for the Salvation Army. I wonder if this is the first step in getting rid of the property near the silos. Probably not great to have homeless people near your big tourist attraction…
Its also not great to have it on an up-and-coming streetCammoTX said:
The City purchased a site on LaSalle for the Salvation Army. I wonder if this is the first step in getting rid of the property near the silos. Probably not great to have homeless people near your big tourist attraction…
There's spots on the east side of LaSalle that are a long way from being up-and-coming. A Salvation Army location could be an upgrade.OsoCoreyell said:Its also not great to have it on an up-and-coming streetCammoTX said:
The City purchased a site on LaSalle for the Salvation Army. I wonder if this is the first step in getting rid of the property near the silos. Probably not great to have homeless people near your big tourist attraction…
trey3216 said:
It's really a function of Core Business District tax and property functionality. It's best to have something in that city block that generates significant revenue and tax receipts as opposed to consuming revenue and tax receipts. This isn't a "put the unsightly over there for us, please" type deal.
Sure it is. Ugly and unsightly property uses do not make money.Quote:
This isn't a "put the unsightly over there for us, please" type deal.
I think you missed what I was actually saying there.CorsicanaBear said:Sure it is. Ugly and unsightly property uses do not make money.Quote:
This isn't a "put the unsightly over there for us, please" type deal.
You might be able to redevelop Lipsitz property in about 731 years. There's no way on earth if they moved from there that the property wouldn't be condemned.osogreen said:
The Salvation Army, a non-profit, can sell the Silos District location for a huge non-profit, build a bigger location elsewhere and have excess funds to continue their charitable work.
Ben E. Keith probably has already figured out their University-Parks location between Jackson and Mary is way too valuable for something other than a beer distributorship. M. Lipsitz recyclers, a Waco owned-company since 1895, is sitting on a valuable property at Elm & MLK and is prime for redevelopment on the growing East Waco riverfront.
There's certainly some truth in that statement. About 2 years ago I was discussing with a Lipsitz manager whether he thought, given all the redevelopment going on in the area, that their Elm Street location would be closed down and sold for a nice profit.Quote:
You might be able to redevelop Lipsitz property in about 731 years. There's no way on earth if they moved from there that the property wouldn't be condemned.
it would cost a lot of money, I mean mid to high 8 figures to clean that up.Eleven-League Grant said:There's certainly some truth in that statement. About 2 years ago I was discussing with a Lipsitz manager whether he thought, given all the redevelopment going on in the area, that their Elm Street location would be closed down and sold for a nice profit.Quote:
You might be able to redevelop Lipsitz property in about 731 years. There's no way on earth if they moved from there that the property wouldn't be condemned.
He smiled and told me that it would take someone very 'special' who would agree to take on the task of environmental cleanup on that site. I smiled.
Of course, it's not unprecedented in this area for the City to throw money at a project like that. Remember the lot across MLK from McLane Stadium that was once home to a pesticide distributor/manufacturer (and also a 'gentlemens' bookstore)? I seem to recall the City spending a million or so to get that ready to swap with Baylor for Floyd Casey.
Of course, Lipsitz is on a much bigger lot. Plus, I have no idea what type of chemicals or metals were processed there over the years that might still be hanging around in the ground. I can speculate, but I don't know.
trey3216 said:it would cost a lot of money, I mean mid to high 8 figures to clean that up.Eleven-League Grant said:There's certainly some truth in that statement. About 2 years ago I was discussing with a Lipsitz manager whether he thought, given all the redevelopment going on in the area, that their Elm Street location would be closed down and sold for a nice profit.Quote:
You might be able to redevelop Lipsitz property in about 731 years. There's no way on earth if they moved from there that the property wouldn't be condemned.
He smiled and told me that it would take someone very 'special' who would agree to take on the task of environmental cleanup on that site. I smiled.
Of course, it's not unprecedented in this area for the City to throw money at a project like that. Remember the lot across MLK from McLane Stadium that was once home to a pesticide distributor/manufacturer (and also a 'gentlemens' bookstore)? I seem to recall the City spending a million or so to get that ready to swap with Baylor for Floyd Casey.
Of course, Lipsitz is on a much bigger lot. Plus, I have no idea what type of chemicals or metals were processed there over the years that might still be hanging around in the ground. I can speculate, but I don't know.
I think most of their heavy recycling operation has moved to their site on Loop 340 / Hwy 6 and the Brazos River.trey3216 said:You might be able to redevelop Lipsitz property in about 731 years. There's no way on earth if they moved from there that the property wouldn't be condemned.osogreen said:
The Salvation Army, a non-profit, can sell the Silos District location for a huge non-profit, build a bigger location elsewhere and have excess funds to continue their charitable work.
Ben E. Keith probably has already figured out their University-Parks location between Jackson and Mary is way too valuable for something other than a beer distributorship. M. Lipsitz recyclers, a Waco owned-company since 1895, is sitting on a valuable property at Elm & MLK and is prime for redevelopment on the growing East Waco riverfront.
thats correct. I may be gullilty of a bit of hyperbole here, but that area would take extensive $$ to get it redeveloped to TCEQ codes.osogreen said:I think most of their heavy recycling operation has moved to their site on Loop 340 / Hwy 6 and the Brazos River.trey3216 said:You might be able to redevelop Lipsitz property in about 731 years. There's no way on earth if they moved from there that the property wouldn't be condemned.osogreen said:
The Salvation Army, a non-profit, can sell the Silos District location for a huge non-profit, build a bigger location elsewhere and have excess funds to continue their charitable work.
Ben E. Keith probably has already figured out their University-Parks location between Jackson and Mary is way too valuable for something other than a beer distributorship. M. Lipsitz recyclers, a Waco owned-company since 1895, is sitting on a valuable property at Elm & MLK and is prime for redevelopment on the growing East Waco riverfront.
There was a PCB contamination issue that was resolved back in the 1980s but I'm sure other surprises are lurking in the soil.
This is a good question.CorsicanaBear said:
If a company produces significant levels of contaminants which are discharged into the soil, why would they be allowed to operate near a waterway and/or a residential area?
osogreen said:I think most of their heavy recycling operation has moved to their site on Loop 340 / Hwy 6 and the Brazos River.trey3216 said:You might be able to redevelop Lipsitz property in about 731 years. There's no way on earth if they moved from there that the property wouldn't be condemned.osogreen said:
The Salvation Army, a non-profit, can sell the Silos District location for a huge non-profit, build a bigger location elsewhere and have excess funds to continue their charitable work.
Ben E. Keith probably has already figured out their University-Parks location between Jackson and Mary is way too valuable for something other than a beer distributorship. M. Lipsitz recyclers, a Waco owned-company since 1895, is sitting on a valuable property at Elm & MLK and is prime for redevelopment on the growing East Waco riverfront.
There was a PCB contamination issue that was resolved back in the 1980s but I'm sure other surprises are lurking in the soil.