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Originally Posted by Drizzle
Interesting. I'm having trouble figuring out how this is going to work. Does KingSett Capital (owners of Midtown) own the land that TCU and the YMCA are on?
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That's a good question. I'm pretty sure the City owns the land where TCU is and the corner parking lot. The YMCA must own their own land - I can't imagine them not.
Perhaps KingSett is anticipating a land swap. If so, they will have to provide some significant funding towards a new auditorium and convention centre - this is not high on the City's list of needs/wants (certainly well down the list from projects like a new arena or downtown library).
Other than that, I believe the rest is the property of KingSett. I can see everything in the green and blue coming to fruition without any acquisitions happening.