Hornbeck said:
Well, you can bet, if I'm bidding on it, the cost to renovate it is going to be subtracted from whatever I might have wanted to bid.
I'm wondering if there haven't been any bids? Would seem like the city would want some kind of positive press (given recent events) if there were any.
I would not expect any in a dying mall for 100,000+ SF.. Investors normally need some assurances of positive cash flow.maddiedou said:Hornbeck said:
Well, you can bet, if I'm bidding on it, the cost to renovate it is going to be subtracted from whatever I might have wanted to bid.
I'm wondering if there haven't been any bids? Would seem like the city would want some kind of positive press (given recent events) if there were any.
From what I heard no bids were given after they looked
PS3D said:
In the Northgate thread, I suggested that it becomes the new Dillard's building (after extensive inside and outside renovations) with the existing Dillard's (the womens/kids one) becoming an indoor entertainment district, solving the Macy's question and the Northgate question at once.
It's a better idea than any we've heard from the city.maroon barchetta said:PS3D said:
In the Northgate thread, I suggested that it becomes the new Dillard's building (after extensive inside and outside renovations) with the existing Dillard's (the womens/kids one) becoming an indoor entertainment district, solving the Macy's question and the Northgate question at once.
This is Kramer, with the plan to renovate the rotating restaurant in NYC, that he doesn't own.
Uh huh. Tell that line to all the people in the Northgate project thread.maroon barchetta said:PS3D said:
In the Northgate thread, I suggested that it becomes the new Dillard's building (after extensive inside and outside renovations) with the existing Dillard's (the womens/kids one) becoming an indoor entertainment district, solving the Macy's question and the Northgate question at once.
This is Kramer, with the plan to renovate the rotating restaurant in NYC, that he doesn't own.
No, but that makes it the better location.ZoneClubber said:
Is the Mall across the street from a campus with 70,000 students and another 25,000 employees?
kraut said:
Per Councilman Mark Smith on WTAW this morning, "...basically got no response..." to their request for proposals.
8:45 timestamp:
https://wtaw.com/city-of-college-station-update-on-wtaw-231/
I don't believe so - I think Nichols was the only current member remaining that was part of that decision.MsDoubleD81 said:kraut said:
Per Councilman Mark Smith on WTAW this morning, "...basically got no response..." to their request for proposals.
8:45 timestamp:
https://wtaw.com/city-of-college-station-update-on-wtaw-231/
When did they buy it. Was he on council when it was purchased?
This is at least the 3rd time I know of them doing this.Hornbeck said:woodiewood said:
September 1, 2022.
The College Station city council unanimously approved spending $7.3 million dollars from the general fund to buy the former Macy's store and adjoining parking.
The vote followed recommendations from city manager Bryan Woods and chief economic development officer Natalie Ruiz to acquire the building to control future development of the property.
The council heard from two opponents during a public hearing. That was followed by comments in support from council members Linda Harvell and Dennis Maloney.
Woods said the city appraised the value of the land, depending on its eventual use, of between $6.5 and $11.5 million dollars.
That is after the current owner bought the property last January for $3.5 million.
the city's purchase includes the two story, 103,000 square foot building and 7.64 acres of land.
Click HERE to read and download presentation materials from the August 25, 2022 College Station city council meeting.
Click HERE to read and download the purchase contract, provided by the city of College Station.
If Bryan Woods city manager and chief economic development officer Natalie Ruiz are still employed, they should be fired for incompetance.
It's not only a loss of 3.5 million $, but also the loss of interest on that money going forward, a loss of property tax revenues, and a carrying cost of a few thousand in Mall monthly fee, cost of maintenance and CHVAC which appears to be going for many more years. What a cluster......91_Aggie said:This is at least the 3rd time I know of them doing this.Hornbeck said:woodiewood said:
September 1, 2022.
The College Station city council unanimously approved spending $7.3 million dollars from the general fund to buy the former Macy's store and adjoining parking.
The vote followed recommendations from city manager Bryan Woods and chief economic development officer Natalie Ruiz to acquire the building to control future development of the property.
The council heard from two opponents during a public hearing. That was followed by comments in support from council members Linda Harvell and Dennis Maloney.
Woods said the city appraised the value of the land, depending on its eventual use, of between $6.5 and $11.5 million dollars.
That is after the current owner bought the property last January for $3.5 million.
the city's purchase includes the two story, 103,000 square foot building and 7.64 acres of land.
Click HERE to read and download presentation materials from the August 25, 2022 College Station city council meeting.
Click HERE to read and download the purchase contract, provided by the city of College Station.
If Bryan Woods city manager and chief economic development officer Natalie Ruiz are still employed, they should be fired for incompetance.
Some private landowners got rich/sweetheart deals from the City of College Station.
and yes, Bryan Woods is still there.
https://www.cstx.gov/departments___city_hall/city_manager_s_office/city_managers_office_biographies
Bryan Woods C Overview
Bryan Woods C in 2023 was employed at City of College Station and had an annual salary of $314,964 according to public records. This salary was 467 percent higher than the average and 494 percent higher than the median salary in City of College Station.
Public records show Bryan Woods C working for City of College Station from 2018 to 2023. From 2018 to 2023 Bryan Woods C held job of City Manager.
In year 2023 Bryan Woods's salary was 72 percent higher than average City Manager salary in the state of Texas.
Above is all from either city of College Station website or public information since he's a govt employee. So $314,000 in 2023... so likely much higher now.
And 72% higher than average City Manager Salary in state of texas.
Be nice if there was some accountability with City Employees... if you someone in private industry makes a $7 million dollar mistake, they are gone pretty quickly.
FamousAgg said:
I put a bid in for $1
how about the world's largest nail salon. They will come from Greenspoint and Beaumont to get their nails sharpened.techno-ag said:REComBKR85 said:
I would be shocked if the City received a single bid on the property or response to the RFP. Millions of dollars spent on a property that literally no one wants.
You know what would do well there? A climate controlled storage center.
MsDoubleD81 said:
What if he decides to make it a church?
Bryan Woods needs to go.woodiewood said:
September 1, 2022.
The College Station city council unanimously approved spending $7.3 million dollars from the general fund to buy the former Macy's store and adjoining parking.
The vote followed recommendations from city manager Bryan Woods and chief economic development officer Natalie Ruiz to acquire the building to control future development of the property.
The council heard from two opponents during a public hearing. That was followed by comments in support from council members Linda Harvell and Dennis Maloney.
Woods said the city appraised the value of the land, depending on its eventual use, of between $6.5 and $11.5 million dollars.
That is after the current owner bought the property last January for $3.5 million.
the city's purchase includes the two story, 103,000 square foot building and 7.64 acres of land.
Click HERE to read and download presentation materials from the August 25, 2022 College Station city council meeting.
Click HERE to read and download the purchase contract, provided by the city of College Station.
If Bryan Woods city manager and chief economic development officer Natalie Ruiz are still employed, they should be fired for incompetance.
