I'm guessing Millenium is having a pretty tough time. Some of those homes they did (the Dairy Building being one) were way too high end for the market, and that was before the slump. I still don't think some of the bigger projects have sold and that would make it pretty hard for them to get any more money to do new projects. Unfortunately I'm sure we will end up with the same crap infill being put up all over our city. It is a shame as I was really looking forward to this project.
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Matt Drops The H wrote:Sadly, this project as it was once planned is dead. I confirmed this with a reliable source (sorry--can't divulge--annoying I know, but trust me).
Apparently, Millennium took on too much and simply couldn't make it work. There is another developer interested in building 8 single family homes on this site. No renderings yet, of course, as I'm not even sure who the developer is.
I would count DeTonty Homes out as well (and we already know the Fleur de Lys project at Jefferson and Arsenal is dead).
What a shame. Their presence would have truly benefited all neighborhoods involved.
This is a shame indeed. I was looking forward to these, because that stretch of Virginia Avenue looks shabbier every time I see it.
Also, Millenium had a quality plan for the site. I shudder to think of the mullet homes that will probably occupy the site instead.
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Fascinating. This thread is now about five years old since the last post, made right before the collapse of the housing market and the US economy. Before TARP, ARRA, and NSP. It's neat how this forum links to similar threads, allowing old conversations like this one to be resurfaced years later. Almost like opening a little cyber time capsule.
Five years past the bottom falling out of the real estate market and Dutchtown survives. Five years later, the VAL site looks good as a community garden, Ted Drewes is still open, Urban Eats is a draw and Cleveland High School is still empty.
Rather than kvetching about the decline of Dutchtown, what sort of things does the area need to grow?
Five years past the bottom falling out of the real estate market and Dutchtown survives. Five years later, the VAL site looks good as a community garden, Ted Drewes is still open, Urban Eats is a draw and Cleveland High School is still empty.
Rather than kvetching about the decline of Dutchtown, what sort of things does the area need to grow?