Monday, February 7, 2011
The Democrats Are Coming!
g in the 1st Quarter, and here it is. I also commented on other topics that would be in the news during 2011, including; The Knights Stadium; The Park; Two Ten Trade; The VUE; and Amtrak.
With 19 months separating us from the start of the convention, I believe the following things will happen. Knight Stadium and the accompanying Romaine Bearden Park will be started, and completed. That whole section of the Third Ward will be filled in to make room for outdoor events during the convention. Both the Park and the Stadium will have long lasting benefits for the city, but to have them available for the convention will be amazing.
Almost coupled with the Stadium and Park is the Amtrak Station and Greyhound Bus Terminal. With the renewed emphasis on HSR (High Speed Rail), a new station in the heart of the city will help punctuate the message that Obama delivered in his State of the Union speech. That terminal will also be home to the Commuter Rail project running up to Mooresville. And, having recently taken a Greyhound Bus trip, I can tell you that the bus terminal needs improvement/replacement. I would also expect to see the extension of the LYNX to the University area to be in full swing.
These three projects connect a swath from Trade and Graham to Tryon and Third Streets and they all represent infrastructure improvements.
The VUE will continue to have closings at a pace slower than the developer would like, but as the climate for residential changes, and little new inventory is added, this property will begin to take on new contracts.