Is someone waiting in the wings to scoop up the parking ramp project?

Yeah, I know, Mr. Conspiracy theory here, and who can we believe? But this is an interesting change of events;

The group said it had proposed changes to the project to the city, but then it stopped receiving any notices or responses from the city, which the developer also alleges canceled meetings before alerting it that it was terminating the deal, which would have co-mingled public and private money to see two hotels, restaurants and retail space built around a parking garage at 110 S. Mall Avenue.

So the city council now is on ‘silent mode’. The city refused to negotiate the deal and late last night, TJ TypeOver sends out a press release saying they are looking for someone to complete the project.

When the performance bond payment didn’t come in, do you think the city got a little nervous and did some ‘shopping around’?

It will be interesting to see how fast another developer swoops in, and who it is. Information lockdown usually means things are going on in the backroom. At this point I can’t even speculate who would want to take it over, but we have our guesses 🙂 Heck, I wouldn’t even be surprised if one of healthcare monsters builds a hospital on top of the parking ramp.

It will be fun to watch as the administration and the rubber stampers talk about how they ‘saved’ the doomed project while the rest of us roll our eyes.



14 comments ↓

#1 "Very Stable Genius" on 05.15.19 at 9:26 pm

This would be the perfect time for Boomerang LLC to return.

#2 Trump's hair on 05.16.19 at 1:37 am

Now we know why Huether is “On the Road…..”

#3 Dreams: An Arc, a website, and now a hotel on 05.16.19 at 2:09 am

Those sunglasses got me thinking…. Oh, and “Hello Again” (01:59), well, that’s a lot like a re-emergence, isn’t it?

https://www.youtube.com/watch?v=KXpJ0bM5zbM&list=RDKXpJ0bM5zbM&start_radio=1&t=234

Some day, archaeologists will dig up the foundation of our bunker ramp. and then they will expect to find an adjacent hotel foundation, but only to discover that the hotel never existed. Thus leaving these archaeologists to ponder who were the idiots who over built this ramp of mobster cement proportions…..”Most likely some village idiots, huh?”….”Who lived down by the river.”

#4 Mises6 on 05.16.19 at 2:15 am

Well two councilors can say I told you so where’s Erickson and Selus and change your mind Niezert and Kiley did they all not vote for this.

#5 Blasphemo on 05.16.19 at 8:40 am

Mises6 – do not forget about Selberg, too.

#6 Conservative Here on 05.16.19 at 8:49 am

I was thinking the same thing today. I am so skeptical I bet the group or person who swoops in to take it over will receive a sizable discount in some way shape or form. The city in over a barrel at this point as the ramp is basically done and 20 Million has already been spent. Now we are sitting there with a ramp that even if plum full of parking all day every day would take probably take 25+ years to break even. Very sad and completely avoidable. I am starting to think the only way we pay for all the unnecessary junk we have bought over the last 6 years or so will require ANOTHER penny tax increase. While 1% may not sound like a lot to many folks it can impact folks who are making 30k or less a year. We also need to keep in mind that we are probably going to need that water treatment facility in the near future. That is the kind of stuff, if needed, we should spend our money on, not parking ramps, hotels, indoor pools, concert venues, or new govt buildings. Sighhhhhhh, what do ya do but, vote these folks out. Its apparent they are unconcerned with our feedback so calling or emailing probably does little. Just my opinion

#7 I am a High Speed Train Fan on 05.16.19 at 9:31 am

You know, things come in threes. We already have an undeveloped railroad yard area and now this debacle. What’s next, a never developed Sioux Steel area? If we keep this up and play it smart, however, perhaps these holes in our downtown area could qualify us for some kind of federal disaster relief aid….#UrbanRenewalWithoutTheRenewal

#8 From a village on the river on 05.16.19 at 9:44 pm

Like Lamont, Super8 originated from Aberdeen too. Perhaps, Super8 will build a mega hotel on that site with amenties like a coffee maker in each room, a continental breakfast consisting of powdered donuts, coffee, and juice, an arcade with DonkeyKong, and an indoor pool that has a tube slide which jets out of the building over 10th Street and then back into the hotel from a floor above….#GrayHairTourism…..#DreamAmenities….#AberdeenComesThrough…….#TwoStarHotels……

#9 Currently the only South Dakotan for de Blasio on 05.16.19 at 9:51 pm

The Arc of Dreams is finally making sense to me given all of these failed projects in downtown Sioux Falls.

#10 D@ily Spin on 05.17.19 at 7:22 am

Your photoshop reminds me of a police line up. It was numbers 1, 2, and 3. I feel sorry for TenHaken and newer members on the council. They didn’t create this problem yet they are responsible for cleaning it up. Teflon Huether walked away traveling the state selling more snake oil. Huether’s ‘John Gotti Suits’ will not be missed but the financial ruin will last a decade or more.

#11 WTF on 05.17.19 at 10:37 am

To some downtown is but a dream

#12 anominous on 05.17.19 at 1:17 pm

MMM proved he is made in the gubernatorial image of Bill Janklow for getting this deal done in this way. It reminds me of the forced sale of the SD state cement plant. Looking forward to greater things from this retiree.

#13 Whatever Happen to the slurry pipeline idea? on 05.17.19 at 2:16 pm

If we ever get a Democratic governor in this state, we should nationalize the cement plant, or would that be statized?

#14 Timbuktu on 05.17.19 at 8:08 pm

So glad Michelle Slerpnbelch is out. Was she related to MMM?

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