Hard to say. Since we own everything around it, the value is very much tied to us and our development/use plans. We have a lot of control over what happens in that part of town, good or bad. It's probably worth more to us than to anyone else.What would 33 acres at that location be worth?
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An extension, sure. 8 years? Eh.Clawson's entire career at Wake was shrouded in deception by one of "Wake's guys". The extension was warranted.
An extension, sure. 8 years? Eh.
How would Clawson suing Elrod work? Surely he wouldn't sue MSD, IMG, or the endowment management firm.
IDK, I said might. People sue for all sorts of crazy reasons now a days. Wellman gave him the job...maybe announcer job also. Gave the access since he was a "Wake guy", could be anything that we don't know about or it has nothing to do with the situation. Not a lawyer...
33 acres there is worth about $330,000. If anyone thinks it is worth $6,000,000, please call as I have a bunch of Winston real estate to sell you.
There was also an asset on that property that we are currently using. We used it tonight actually!
Yes. Wake owns all but the fairgrounds. The parking lot to university, and of course the area of Deacon Blvd. all except for the piece of shit Courtyard Marriott.
Wellman is blamed for everything around Wake. It's really gotten ridiculous. The real estate situation at Wake is significantly more complicated than one person. We do have some problems with Joel. Filling it up would help.
I didn't want to post it in the xmas loot thread but I heard from a Winston area friend that Wellman got a new bicycle.This strikes me as insane but whatever.
We are about to invest 80 million dollars in a building that is already antiquated and whose square footage is way, way too large for a school our size. Ole Miss just built a brand new smaller building for that which meets the size of their basketball fanbase. App St. and Elon are doing the same. The Joel is already almost 10 years older than Carmichael Auditorium when it closed. We are doubling down on what was a horrible decision to begin with. To say that I don't like the deal is a huge understatement. I hate the deal. It makes me want to throw up.