Museums like that are exceptions, though, and that's what I keep trying to get through. In this city were downtown land values are relatively low, and we're far from running out of space, I don't see why anyone would seriously suspect that we'd see a high-rise museum. I think it's great to dream big, but we have to be real and sensible.
This has to do with the construction of the roundabout at that corner.
As for the new museum/library site, I'm pretty sure he meant the whole site, since that entire block is city-owned land, but I'll check back. The parking study was going to be done, anyway, but it will also help find where parking would be suitable for this development. It seems very likely that a parking garage would be built on the surface lot directly north of St. Mary's.
Just an update from the new CBRE market report, the downtown class A office vacancy is just 8%, so it continues to look better for the possibility of new office space downtown.
Class A always seems low, yet it has yet to yield any results even as much as rumors of a new downtown building. BTW, I keep seeing this listed on CBRE's site concerning the Boji Tower:
"Within two years, CB Richard Ellis leased 56,000 square feet in the Tower, and reduced its vacancy to 2%. Just recently, Boji Tower, LLC has announced its plans to construct a 150,000 square foot addition to the Tower. CB Richard Ellis has been retained to market the space for lease."
I wonder if this is just something they fail to update, or if the Boji's are still considering an addition? I really can't imagine they would be, any longer.
BTW, the new Michigan Restuarant Association just south of the Capitol View is looking really nice. I really have to get out and do a construction update, but it's just been so cold.
Also, the second phase of Printer's Row is also looking VERY nice.
Class A rates are always lower than the overall rates, but in Lansing's downtown it has still stayed above 10%. As for any new buildings, the possible Capitol View expansion, the Association project and whatever else may be in the works
Got an email back from Bob concerning the CADL/Impression 5 question that was asked, here. As I originally figured, their proposal would take up the entire BLOCK, which includes Oliver Towers and the huge, city-owned surface lot.
Well, the best thing about the building taking up the entire lot, is that it will rid the city of another surface parking lot. The less we have in the downtown, the better, IMO.
BTW, here's a photo I took a few years ago looking over the site, in question, and visible in the background the suface parking lot directly north of St. Mary's I hope eventually gets developed:
Since the scope of this is pretty well set now, I wonder where they will go with architecture and the size of the museum and library individually. I hope that Impression 5 will become a state of the art science museum at least on the level of the one in Grand Rapids. I also hope that they go towards a modern/ultra modern architecure with lots of glass and open space.
Anyone see the new streetscape plans for Washington-Michigan intersection and the last two blocks of Washington to be reopened? I was pleasently surprised. I'm seeing something that has made me happy that has been left out in all other streetscaping plans and that's TREES. Finally, they get back to some greenery.
Comments
This has to do with the construction of the roundabout at that corner.
As for the new museum/library site, I'm pretty sure he meant the whole site, since that entire block is city-owned land, but I'll check back. The parking study was going to be done, anyway, but it will also help find where parking would be suitable for this development. It seems very likely that a parking garage would be built on the surface lot directly north of St. Mary's.
"Within two years, CB Richard Ellis leased 56,000 square feet in the Tower, and reduced its vacancy to 2%. Just recently, Boji Tower, LLC has announced its plans to construct a 150,000 square foot addition to the Tower. CB Richard Ellis has been retained to market the space for lease."
I wonder if this is just something they fail to update, or if the Boji's are still considering an addition? I really can't imagine they would be, any longer.
BTW, the new Michigan Restuarant Association just south of the Capitol View is looking really nice. I really have to get out and do a construction update, but it's just been so cold.
Also, the second phase of Printer's Row is also looking VERY nice.
I really like Ottawa Avenue.
Anyone see the new streetscape plans for Washington-Michigan intersection and the last two blocks of Washington to be reopened? I was pleasently surprised. I'm seeing something that has made me happy that has been left out in all other streetscaping plans and that's TREES. Finally, they get back to some greenery.