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What do you think the future of downtown Dubai property

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What do you think the future of downtown Dubai property

A strong family entertainment theme includes KidZania®, an innovative children’s ‘edu-tainment’ concept that has been introduced to the region for the first time, a 76,000 sq ft SEGA indoor theme park, a 22-screen Cineplex and an Olympic-size Ice Rink keeping adults and children entertained year round.

The aquatic theme extends beyond the Aquarium with attractions such as The Waterfall, a beautiful indoor waterfall that cascades over the four levels of the mall. Along the mall’s sprawling waterfront promenade, will be the world’s most spectacular outdoor Musical Water Fountain with underwater lights, water jets and laser projections choreographed to themed music and songs.

Take a leisurely walk through the Souk Al Bahar (‘market of the sailor’) which derives its name from both its traditional souk architecture of natural stone corridors, high archways and subdued lighting and its unique ‘sea-side’ location on the Burj Lake. The souk offers an eclectic retail mix including more than 22 restaurants and cafés framing the souk’s extensive waterfront promenade – truly defining itself as an entertainment and leisure destination.

A piece of undeveloped property next to the U.S. Bank Tower probably won’t stay that way for long now in the face of a new Kings arena a stone’s throw away, said the owner, downtown developer David Taylor.

“This will expand opportunities for high rises downtown again,” said Taylor of David S. Taylor Interests, though he added it’s too soon to tell whether the undeveloped lot will become housing, office, a hotel or something else.

In terms of the difference in interest now that an arena seems more likely, Taylor said, there was no reason for anything to happen before. Other properties he’s involved with on K Street will also probably get a surge of attention, he said.

But there’s a cautionary note too. Taylor, who said he started his development career in the early 1980s in Houston, said he remembered a flurry of activity then, followed by years of misery as the oil business in Texas suffered in the late 1980s and early 1990s.

With the Great Recession still a strong memory for many local investors and developers, he said, hopefully the excitement over a potential downtown renaissance doesn’t get out of control.

 

“he need to talk to one another and make sure we’re not doing the same projects a few blocks from each other,” he said.

If there’s reason to be optimistic, it’s from the investor team that bought the Sacramento Kings, Taylor said. Their expertise and wealth comes from a variety of backgrounds, some familiar with Sacramento, some less so.

“This will create a civic place that we’ve needed,” Taylor said, describing how if a new arena for the Kings would’ve been built in downtown in the late 1980s, as was once discussed, the changes being forecast now would’ve happened years earlier.

“This will be the evolution of people wanting to live near the action. And developers will be building to that demand,” he said.

The full Greer Board of Architectural Review (BAR) has been asked to attend Tuesday’s 10 a.m. meeting at Greer City Hall to hear a property owner’s request to enclose two central business district properties with fencing and thus prohibit public access.

Alan Fore´, owner of the property at 117 Trade Street and 118/120 Victoria Street, has requested the five-member BAR to accept his plans to secure his properties.

 

Fore´ states in his filing he plans to paint the brick and trim of the former Allen Tate Real Estate building at 117 Trade Street and surround the property with two different kinds of fencing. “This lot has been hard to secure for my tenants. (The) lot is also being destroyed by semis pulling in doing deliveries for the bars!”

By fencing in the properties, it will eliminate about 20 parking spaces that were used in the evening for visitors to downtown restaurants and merchants. That concerns the business owners and the message it sends to visitors and future investors in downtown Greer.

BIN112 fronts the 117 Trade Street property with the Chamber of Commerce adjacent to it and Wild Ace Pizza and Pub next door to the Chamber.

Allen Smith, President/CEO of the Greater Greer Chamber of Commerce, offered a statement Tuesday’s BAR meeting.

“while we realize this is a private property issue, we also realize that access to downtown Greer is critical.  Many people, including private developers, have a financial stake in the future of downtown Greer.  Future real estate and commercial success hinge on people’s ability to access the various amenities that Greer has to offer.  Limiting access would not be a step in the right direction.  We hope and will advocate for a solution that is good for private property owners and good for the overall economic vitality of downtown Greer,” Smith’s statement read.

While business owners and employees freely offered their opinions, none would speak on the record.

Several business owners said an easement is in place that would allow access to Wild Ace Pizza and Pub for deliveries. Glenn Pace, Planning and Zoning Coordinator, said there is no easement and Fore´ owns the property up to the sidewalks on all adjoining streets.

The BAR ruling is the law of the city. Appeals can only be made to the Circuit Court.

Fore´ did not comment for this story, saying he was celebrating his anniversary and will be back in town for Tuesday’s meeting.

Fore´s application for 117 Trade Street states he will paint the outside of the brick building Chelsea Gray. The metal awnings and downspouts would be painted Tricorn Black. The front window and door would be red or Tricorn Black. “The building is a centerpiece for downtown Greer and I want it to represent that,” Fore´wrote.

For the parking lot he stated: “I will have a decorative steel fence with a 12-foot opening (2 – six-foot gates). (The) fence will be powdered coated black to tie into the black trim on the building. Across the back will be 5-foot black rubber coated chain-link fence closing in the property.”

The 118/120 Victoria Street property, Fore´stated, will have a 4-foot high aluminum fence across the front entrance on Victoria Street and follow the same fence line as that at Victoria Arms next door to the spa. Fore´ said a small section will be added to the rear entrance to the property. Fore said he is securing the location to help spa tenants to be able to use their parking lot.

Allen Tate Real Estate moved to a larger and more accessible property on Wade Hampton Blvd. Parking was a weekday problem for its employees but the company’s move cited its need for additional space to accommodate hiring more agents, according to a company spokesperson.

All four corners at Trade and Victoria Street have empty businesses. ACME General Store closed earlier this spring. The former Bank of Greer is being remodeled into a residence in the rear and the former Vintage Jewelry Store was occupied for two months by a fitness company.

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