Thursday, May 24, 2007

Who will build it??

I'm talking about the traffic interchange near Kingman Crossing that has this entire town buzzing. I've had some interesting discussions this week and wanted to share a couple of points.

The cost to build the interchange with the city government involved will likely cost nearly 25 million dollars.

However, if the project was bid out privately by a non governmental entity the cost would likely be about 15 million less.

I'm rethinking my position on the city being involved in this project at all. There's way too much being said about back-room deals being made involving the city and other land owners near the proposed site for the interchange. The city is going to have it's hands full pretty quickly because of the information that is being released to the media from those emails that were requested by a local developer (I may finally be getting access to this information later today, and of course I will update).

Another item of importance is what will happen on June 27th?? That is the day the 640 acres of State Trust Land located south of the 168 acres of city owned land near the proposed interchange at Kingman Crossing is supposed to be auctioned off to the highest bidder (minimum bid is 16 million dollars).

I originally thought that the party that wins this bid would be an important cog in the construction of the interchange... but what if nobody shows up to bid?? I'm hearing that it is likely that there will be no bidders on June 27th.

I still maintain that the Kingman Crossing area is the most ideal place for a new retail center for this community. If built out it will be in walking distance to many residential area's. It will improve the demand for housing in that area and likely increase property value, especially when and if the interchange is added to the mix for residential property owners on both sides of the Interstate. The other needed interchange further east (at Rattlesnake Wash) is barren by comparison in regards to residential neighborhoods. However, I leave it up to the private property owners that want to do the commercial project to come up with the solution at this time. That may mean they build the interchange on their dime.

I'm losing faith in the city of Kingman on a daily basis to be counted on for such solutions.

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