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Cuban has sold the Mavs to Adelson-Dumont Family
#73
(11-30-2023, 01:47 AM)youzigizag Wrote: You talking about the Northeast corner of land where Sylvan and Singleton intersect?  Or is that chunk of property too small for a Arena?  I assume if you are talking about real estate...you overtake a larger portion of land than just that Northeast chunk...if thats even the area you are referring to.   Use imminent domain on that whole neighborhood?

The area you are talking about is on the W side of the what will be the lake (the long-planned lake is currently just a river and river bottoms flood plain). That's farther away from downtown, less valuable. The W side doesn't contain the highway infrastructure to take a big number of people to your doorstep, whereas it is to a large degree already in place on the E side. 

Instead, I see their plan being to get first dibs on the land between I-35 and the lake, ie on the E side of the lake, that sits directly west of the AAC. It's generally where the practice facility has been sited. Currently that whole area is a warehouse district, with property owners holding tight to old warehouse buildings in anticipation of the day when the lake comes in and they get a massive payday as their land values explode. Every owner in that broad area has some speculative thoughts about the future payday and is looking ahead.

I expect Cuban/Adelson to try to use the city/state/county eminent domain power that tends to accompany the building of an arena site, and then use it to get way MORE than an arena footprint - to get a massive area for lots and lots of development that they would demand as being necessary "to complement the arena" but that really have nothing to do with the arena. It would be labeled as an "entertainment" area and a destination, as a "much-needed" addition to Dalllas, and perhaps a Dallas Riverwalk area that "we are bringing to the city," lots of dream concepts, and etc etc etc. The Adelsons NEED the Mavs, because the Mavs can create the angle for the eminent domain grab, ie "our beloved Mavs need a new arena." And Cuban needs the Adelsons, because a land play of this magnitude is way over his head (but he wants in).
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Messages In This Thread
RE: Cuban to sell most of the Mavs - by F Gump - 11-28-2023, 10:22 PM
RE: Cuban to sell most of the Mavs - by mvossman - 11-28-2023, 08:29 PM
RE: Cuban to sell most of the Mavs - by MrGoat - 11-29-2023, 12:11 AM
RE: Cuban to sell most of the Mavs - by chaparral - 11-28-2023, 08:17 PM
Jason Terry - by Jason Terry - 11-29-2023, 10:08 PM
RE: Cuban to sell majority stake of Mavs to Miriam Adelson - by F Gump - 11-30-2023, 11:23 AM
Jason Terry - by Jason Terry - 11-30-2023, 09:31 PM
RE: Jason Terry - by F Gump - 12-01-2023, 02:47 AM
Jason Terry - by Jason Terry - 12-01-2023, 07:08 AM
RE: Jason Terry - by F Gump - 12-01-2023, 04:59 PM
Jason Terry - by Jason Terry - 12-02-2023, 08:30 AM
Jason Terry - by Jason Terry - 12-02-2023, 10:39 AM
RE: Jason Terry - by hakeemfaan - 12-02-2023, 07:51 PM
JamesConway912 - by JamesConway912 - 12-27-2023, 04:21 PM

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