Thursday, February 16, 2017

Arenda District and College Town update




https://floridastate.rivals.com/news/q-a-with-fsu-president-thrasher-football-projects-hoops-success-more


Q: One other item I’ve wanted to ask you about is the plan that’s out there to create an Arena District around the Civic Center. Is that still in the works?
A: Yeah, the vision’s still there -- the hotel, the convention-type of hotel and all that. I think the key to getting it started, honestly, is going to be the College of Business. Getting that area where that building is going to be, and it will stretch out. If we can do that, and then in 2020 when the tax that the city of Tallahassee has offered up to help with the convention hotel, I think all those things can come together. That whole area is still growing.

You know, we just refinanced the CollegeTown Phase 3. We bought out some of the investors in Phase 1, so that’ll help refinance Phase 3. The Board of Governors approved that, along with our board. That whole area is just going to continue to boom down there. You go down there on a weekend -- my freshman granddaughter took me and my wife down there three or four weeks ago -- it’s amazing the amount of traffic and stuff that’s going on down there on the weekends. So I think that whole area will come along. We’ll see what happens, but it’s going to take a few years.

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