Studer

Bob wrote:The "white flight" to the suburbs is over with.  The national trend (in cities everywhere across the country) now is people wanting to move back to the urban core and to the near urban area. 
Every city has developers involved with this because that's where the action is.  And because it's a profitable enterprise.

The city governments like this because it revitalizes their urban space and the new development provides additional tax revenues.  So they will partner with developers and provide them incentives in order to help accomplish this.

Quint Studer just happens to be one of the individuals involved with this in Pensacola.
I've never been "anti-studer".  But I also understand that he's no seer and no genius and no messiah.  Just another developer. 
And because the trend toward urban revitalization is now with us,  there are plenty of studers to take his place if he doesn't like it here.

I'm very aware of urban redevelopment, Bob. And the Enterprise Zones have been around for many years. Tell me, though, in all honesty, who's going to flock downtown to pay RENT? And again, why should Studer get a $3 million tax break on a mixed use development made up of RENTAL PROPERTY?

(AND then have the gall to ask the City to pony up part of what he still has to pay by reinvesting in the parking garage he failed to include in plans for the "community maritime park"?)

Floridatexan wrote: Tell me, though, in all honesty, who's going to flock downtown to pay RENT?  And again, why should Studer get a $3 million tax break on a mixed use development made up of RENTAL PROPERTY?

(AND then have the gall to ask the City to pony up part of what he still has to pay by reinvesting in the parking garage he failed to include in plans for the "community maritime park"?)

I don't keep up with local stuff enough anymore to have any informed opinion about that,  tex.

Let's see if seaoat has an explanation for it.  lol

tex,

Use google and see if you can find something that will get me up to speed on it and link me to it.

This webpage seems to provide a pretty good primer on this thing,  tex.  Especially when you also read the reply to it by C.J. Lewis at the bottom of the page.

p.s.  it also attempts to explain who will want to rent the apartments.

http://pulsegulfcoast.com/2015/11/questions-emerge-about-proposed-studer-tax-exemption

I just learned one thing for the first time.  It seems Quint Studer and Rishy Studer are not the only owners of The Blue Wahoos. 
It's a partnership of the Studers and Bubba Watson.

Bob wrote:

ppaca wrote:

Bob wrote:

2seaoat wrote:Bob must have left for garage sales.....

Damn,  you are pyschic.  lol

Went to one sale down by Bayview Park.  Bought one of them tall and skinny ceramic space heaters to keep the plants warm inside the storage room. 
Then came home because there aint no more sales.  Too cold.

I'm going to have one in the next few weeks and I don't want to see you figuring sales tax on your calculator.

I'll make a deal with you.  If you let me get an early preview,  I won't even try to negotiate prices.  I'll pay your asking price or walk away with no hard feelings.  lol

Sure I'll let you know and give you first look.

ppaca wrote:
Sure I'll let you know and give you first look.

Much obliged.  The key to successful yardsailing is to be there first. 
That is to yardsailing what wind is to boatsailing. 

Why?  Because a yard sale is not like a store sale.  With a store sale, if somebody gets there before you,  there is usually another item like it in inventory.  Or a rain check. 
But with a yard sale,  you're shit outta luck.  lol

Bob wrote:I just learned one thing for the first time.  It seems Quint Studer and Rishy Studer are not the only owners of The Blue Wahoos. 
It's a partnership of the Studers and Bubba Watson.

they let him buy into the wahoo's I believe last year. I figured then that either in the near future it would all go to Bubba or Studer leave town and let Bubba run the operation's.

2seaoat wrote:Besides seaoat,  if you're gonna tell the residents of the City of Pensacola how to conduct their affairs,  then get out of the hinterlands and move into the goddamn city.  lol


It has nothing to do with where you live, and it has everything to do with intelligence.   Maritime Park has been a HUGE success, and I was a lone voice on the PNJ outlining why it would be a success for eight years.  I was accused of being a studerite......never met the man, but if stupid is what it takes, and moving to town gives me a right not to be stupid.......I think I am fine with telling it like it is.....it does get old being right most of the time.  I think some in Pensacola are just blinded by intelligent and successful people, and that is what Studer is.......too damn smart to be understand, but future generations will benefit from the man.......and your jukebox museum....just more good old boy Pensacola all talk and no action.....but I do have to say I like your backyard, and after you pass the new owner will have a slice of heaven in their backyard, so maybe your contributions have been underestimated.

You were not the lone voice. I was reading at that time and there were plenty of people who favored Maritime Park. Recall Surfnrg???

Wow, Oatie...always needing that "I won" "I called it" "I'm Mr. Wonderful" pat on the back.

Surf was most certainly for it......he was intelligent and they attacked him because they claimed his wife worked for Mr. Studer. Mr Wonderful.....I like that, but the Mr. Wonderful on the Shark Tank is a dullard. I think Mr. Extra Wonderful would work just fine.....

Minor league baseball is not leaving Pensacola. It has been a gold mine. Now that Biloxi has a new stadium, I still hold out hope that they could put a week of Spring training right before the season starts. A great many fans in the midwest would drive down for the week and make it a vacation. The parking garage was a F up by the city.....just bone headed stupid. Parking is essential for a healthy downtown, and folks residing downtown is so important. I still would love to see a full blown casino at the old stinky site, with ferries running to and from pensacola beach to the new casino.....

ZVUGKTUBM wrote:My wife thinks Studer has one foot out of Pensacola already, and he plans on leaving the city and letting someone else hold the bag. It's gonna be shitty for the city if he takes the Blue Wahoos with him; or if he sells them to an entity that really has no interest in Pensacola.

Hey I like what Studer has accomplished, but I'm with your wife. All things are pointing that way.

2seaoat wrote:Minor league baseball is not leaving Pensacola.  It has been a gold mine.  Now that Biloxi has a new stadium, I still hold out hope that they could put a week of Spring training right before the season starts.  A great many fans in the midwest would drive down for the week and make it a vacation.  The parking garage was a F up by the city.....just bone headed stupid.  Parking is essential for a healthy downtown, and folks residing downtown is so important.  I still would love to see a full blown casino at the old stinky site, with ferries running to and from pensacola beach to the new casino.....

I would love that also, but the casino's are not going to agree to a lifetime of greasing the palms of the good ole boys.

Wahoo's will remain but under different ownership, probably Bubba or it's possible Bubba will take over operation's and Studer will remain a partner, but not here.

Troy Moon says we're all wrong, except seaoat.

http://www.pnj.com/story/opinion/2016/01/23/studer-focus-mental-health-care/79237034/

Floridatexan wrote:
Why should Studer get a $3 million tax break for building RENTAL PROPERTY?  Anyone?

From The Pulse

"In a letter to city council members sent yesterday, Jones wrote that he had “personally reviewed the Daily Convo application,” noting that a copy of the application signed by a staffer in his office had been provided solely for the purpose of estimating lost tax revenue. “I feel compelled to reiterate that we are awaiting an Attorney General opinion on the viability of the Daily Convo application,” wrote Jones. “A final determination by me on this application will be dependent on the conclusion made by the Attorney General.”

EDATE incentives — which exempt a property owner from paying taxes on the value of improvements to a property — are typically used to help companies which are expanding and creating jobs. In the case of the Daily Convo project, the incentive could be worth between $2-3 million over ten years.

“My office has not made any final determination regarding whether Daily Convo qualifies,” wrote Jones."


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Who in Pensacola, besides Studer, is providing jobs??  Who in Pensacola, besides Studer, is expanding tourism - since this is the only focus the city has on economic growth.

The city sits back and lets Sugar Daddy Studer do it all.  If the tax break is given, which is still under review, it will be as stated in the last paragraph from The Pulse - because the company is expanding and creating jobs.

Now, the position that this property will be rentals is interesting.  What if it is a vacation rental by owner situation?  Bed taxes would be given to the city.

I'm sure there is a larger picture that does more than make more money for the Studers.  It's not like he has not given vision and possibilities to the city.  I can see, if it is in the tax code, where he can legally be exempt from the taxes.

All still up in the air, obviously.


So it's not determined yet.

ppaca wrote:

ZVUGKTUBM wrote:My wife thinks Studer has one foot out of Pensacola already, and he plans on leaving the city and letting someone else hold the bag. It's gonna be shitty for the city if he takes the Blue Wahoos with him; or if he sells them to an entity that really has no interest in Pensacola.

Hey I like what Studer has accomplished, but I'm with your wife. All things are pointing that way.

I agree.