Originally Posted by LAM
And, this is not owned by a private developer sitting on it until the market is right. I am of the opinion that it is better to infill around the in town stations rather than the suburban stations.
So you would prefer a non-developer have it when the market is wrong? Hate to break it to you, bud, but if you like things getting built, developers are not the enemy.
Of course it's better to infill around in-town stations. But the sheer presence of a transit station does not a TOD make. There is no shortage of TOD sites now - land is not what's lacking. To take on a massively capital-intensive TOD when there is still ample low-hanging fruit is not the best use of public money.
I'm more sympathetic to the connectivity issues. Not sure reconstructing an interchange to the tune of tens of millions of dollars is the right answer to that particular issue, though.
I'm not saying I like the interchange. I am saying that on the grand list of things I'd like to spend $20 million on in Denver, that's probably Item No. 5,343.
EDIT: I'll add - this isn't exactly an area where the market can support high dollar development. So you're probably looking at development that can barely break-even, might even require a public component. With a site preparation cost in the multiple-millions. It's a big, big deal that will require a ton of public money. So I think it's worth asking whether that's our highest priority, that's all.