Monday, October 31, 2005

Last Chance To Grab Land Before The South End Starts Booming?

Even when things looked their darkest for the prospects of baseball Downtown, I wished that we owned property in the South End. That seems to be the only section of Downtown left to be re-developed. Today's Tennessean left me with the impression that if you (and I include myself in "you") haven't gotten into that market, it's probably too late. The Mayor's on board. They got a ballpark developer. Gateway Boulevard is about to alter our whole orientation to Downtown. And now the the big 'uns in real estate are jockeying over what to buy and how to develop it in anticipation of the coming boom.

Oh, the boys forever riding in the caboose on the perennially late train that is our Metro Council could come in and muck everything up just for spite at Downtown development, undoing even Council's own recommendation to put a ballpark on the riverfront before the Mayor they love to loath was convinced to support the idea (did they originally support the idea just because the Mayor seemed cool to it?). That slim chance itself might dampen the rockets sending South End real estate prices skyward enough for a few more to invest in some property before the game becomes totally restricted to the high stakes players. But most of us who didn't get into the South End already have missed our chance.

Oh, well. We can always admire the view from the cheap seats.

1 comment:

  1. That seems to be better answered by the folks who live and work there, but the area that I was referring to is bounded by SoBro on the north, Rolling Mill Hill on the east, I-40 on the south, and the Gulch on the West. However, the argument could probably be made that the South End includes those neighborhoods just south of I-40 down to Chestnut Street/Edgehill (perhaps Reservoir Park?), from Lafayette to 12 South.

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