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@dan reed
my real question about Symphony Park is, here is a major piece of land in MoCo, next to a Metro rail station, and on a major arterial (355), why wasn't that rezoned and built at an RT density? This is a prime spot for TOD, but it wasn't done. I read a bit of background and saw the first developer couldn't make things happen and someone else picked it up.

Sure, EYA wants to make a profit, but I guess the question is, and really none of our business as they are a private company, how much of a profit is "enough" and can a profit be made on, say 40 market price at 600-700K (by the time they are built) and 10 or so MPDUs (price uncertain, understand HOA is working on formulas based on building, land and other costs...could be close to $300K). All to ponder and watch.

by citdem on May 31, 2012 12:12 pm • link • report

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