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Great Deal! - just not for the citizensSubmitted by Dumping Ground on Wed, 01/16/2008 - 15:52.
Link... Offered at $924,885.00 per acre Link... Offered at $809,866.00 per acre Link... Offered at $665,000.00 per acre Link... The per acreage amount the County is willing to settle for on behalf of the citizens; 17 acres at $3million equaling approx $176,470.00 an acre. Could it be the traffic count? Well, per TDOT numbers for 2006, the HWY 411 South location gets 15,910 while the HWY 129 - Louisville Rd intersection gets 42,992 vehicles a day. More than double. Once again where Bennett and numbers intersect - things don't add up. Maybe Bennett can get his cult together so they can suspend the rules in effort to proclaim him; Twinkie King - Earle of Dealmakery! All hail the King! Maybe some developer(s) on the CC will take another look at this deal. We are getting suckered again people - take that to the bank. Can you guess which bank?
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All [county gov't] roads in Blount County lead to American Fidelity/Greenbank - right there at the intersection of money and politics!
I wondered about this selling price as well. Anybody know how much was spent for the original land for Hamilton Crossing?
I know less than a half acre where the Alcoa Credit Union/Chick-Fil-A/Ryan's is went for around $300K when it was built a decade ago.
If every citizen of Blount County (118,186) gave $68.00 each, we could buy all three listings, divide it up into 35, 1/3-acre lots, and provide subsidized housing lots for at least 35 immigrant families to live on. Sounds like a great Humanitarian idea, that I'm sure the majority of the citizens would be willing to go for. Who should I contact?
Call the Mayor at his office. I'm sure he'll just be kicking himself for not having thought of it first.
What better place for a store called "Dicks"!
...one acre of land across the bypass on Hunter's Crossing Drive to the TVA Credit Union for $670,000...looks like he's getting a pretty sweet deal, huh?
I'm not in real estate, so I'm looking for some help. Is a 380% markup the average for paving over some shoveled in dirt?
Another good article for the local press would be; was this or was this not a good deal?
Besides the comparative analysis at the top of this thread, one multi-part question may be who owns that big mountain of dirt piled up to the edge of this property, how long have they owned it and what they intend to do with it.
Any envionmental issues with the property?
There has been a landfill cited as the reason for the sweet deal, but I've heard no plans to remove this soil. There was no mention of whether the "landfill" was isolated to this parcel or if it extended out to what has already been developed (another good question to have known). It was explained this would drive up cost to the builder as they would have to employ caissons for any structures built. Although, as I understand it, caissons are normally used when building these big box stores.
There was also the mention of fuel from leaky trucks, but we know that's not really an issue when it comes to making county land deals; Link...
I'm not against this deal, in fact I think Bill Dunlap is way past due. But wouldn't it have been nice to had an extra few million so Mr. Dunlap could get federal matching funds to help him with future projects? I wonder how much Mr. Dunlap's department could have leveled and paved the parcel for?
Looks like we have been formally short-changed. Link...
From Cunningham:
Good to know he acknowledged this. Now he will have to follow up to make sure the soil is removed to protect citizens. Did we ever confirm whether "Phase one" was built over part of this landfill?
Anybody know how many acres the current 911 center sits on? Last night Bennett alluded to the property as the funding source for the $2.1 million needed for the 3500 sq/ft building at the firing range that might or might not be built. That building must have gold fixtures inside as we know property in this area only goes for around $176K per acre.
Maybe the same developer will buy it that bought the road department property.
"Whatever you do will be insignificant, but it is very important that you do it." -Mahatma Gandhi
Have you seen the 911 property, the one that's paying for the building that might or might not be built, listed on MLS Link... ? I couldn't find it. Looked on the Economic Development Board site also, and couldn't find it there either; Link... Although, from an article on the 911 centers own site, it appears there are buyers ready;
Link...
Why do we keep selling our PUBLIC property in such a PRIVATE way? Also, please note the building the center has been using since 1990 was an old Bellsouth building. It had infrastructure. What do you think it will cost to run infrastructure like fiber optics down at the dump? Also, a lot of talk of the 911 center operating out of the basement - a basement at the dump. Where do I apply?
If we don't have transparency for the "We The People", do we have a government for "We The People"?
Is it not better to advertise as much as possible to maximize profits?