16
Thursday, May 4, 1978
University Daily Kansan
---
Clinton
From page one
sewers, electricity, water, paved streets and sidewalks two or three miles outside the city can cost from $20,000 to $25,000 for a three-arel lot, he said.
BILLINGS, McGREW and the other Lake Estates investors appear to have the necessary capital for development in a large land being invested in the development of major land projects.
According to Billings, 15 years ago most people thought that anything west of KU's west camp was carpeting. The other investors decided to build a golf course there—Alvamar Hills.
Billings and McGrew surrounded the course with the 110-lot Alvamar Estates, the 68-lot Alvamar Heights, the 141-lot Fairway 11 Addition and the 161-lot Orchards area, all to the southwest, between Lawrence and the Clinton dam. Also planted with the Parkman Estates additions, also to the park and are planning an Alvamar West addition.
McGrew and Billings said they did not think Clinton Lake had any effect on their earlier developments. The lake's effect on Alvaram West, they say, will be minor.
"CONSUMERS ARE interested in the services available to them now." McGrew said, "and there haven't been any recreational services available."
But they did not deny that Clinton Lake would in the future benefit their development.
Billings said, "It will add another dimension to our properties."
And McGrew said, "The lake did make a difference as far as which land we chose for Alvamar. I think there will be a lot of people wanting to buy near the lake in the future."
Factors other than the lake, such as the Kansas River to the north of Lawrence, industrial development to the east and the availability of sewers, all tended to residential buyers to the south and west developments, McGrew and Billings said.
HALEY IS one of many farmers who own possible development land. Haley, a realer and farmer, owns more than 500 acres between Lawrence and the Clinton dam.
As Norman John, Brown Reality Co., said, "It might not be a realtor who has the most to gain. It might be some farmer who has land. It might be some farmer who has land. They've not the really choice spots."
Haley said he did not plan to develop his land.
"I've always thought that land was some of the prettiest in the county," he said. "I'd like to see more."
--from people who want three to five acres. I'm sure every farmer around the lake has been contacted by realtors or people who want to buy small acreages. Some farmers don't want to break up their farms; others just don't want to say what they're going to do.
He said whenever someone asked him about buying land around the lake he ad-hocly suggested it.
"I'd tell them to make sure of where the roads are and what services will be available before making a decision," he said.
But even Haley did not rule out the possibility of developing his land.
OTHER LANDOWNERS have more development plans.
Javris Brink, for example, owns several hundred acres around the lake, including 100 acres at the intersection of the main access road leading from U.S. Highway 40 near Rockville, Maryland (West 23rd Street) from the east and the road across the dam from the south.
Other landowners aren't disclosing their plans.
Twenty of Brink's 100 acres have been zoned commercial, the only commercial zoning around of the town of Clinton granted by the county commission to date. Brink said the 20 acres might be used for a restaurant, a bank shop and a hotel. The zoning plan will be divided into three to five-acre lots, he said, to be developed in one or two years.
C.M. Crack, of Douglas Real Estate
Realtors, said, "Every day we get calls
Old fashions develop into newest rage
NEW YORK (AP)—Those dainty, white lady dresses of the Victorian Age and grandfather's tuxedo shirts have been yanked out by fashionistas. But today's fashion impulse that champions old clothes.
In New York, well-known department stores like Macy's and Abraham & Straus are incorporating used clothing departments and restaurants. Hand shops popping up all over the city.
A Los Angeles-based chain called Judy's has introduced vintage clothing in its spring line to 47 boutiques around the Southwest. And in Boston and Dallas, secondhand chic has become prime merchandise in the trendy shops.
In Europe and Japan, an enchantment with America's hand-me-downs has brought foreign buyers to the same auctions, flea markets and other sales sites in New York shoppers looking for vintage outfits.
Vests from 10- and 20-year-old suits are the rage for men and women, as are garbardine shirts and plaid pants for a girl. The latter look especially popular on the West Coast.
New York shopowners say they are performing a service by rescuing wearable devices that were lost in the wild.
West Coast boutiques, on the other hand, keep holes, original multicolor patches and other effects intact and sell the used clothes at about the same price as new merchant.
do,
MINSAID BROW Realty had sold three to five-acre lots with rural water for $2,000 to $5,000 an acre and larger tracts for $1,000 to $2,000.
However, he said, "I think the real demand is probably going to be about years ahead." There were several people who all heard him say, "We're just sitting on it now, but they're just sitting on it now."
several realtors fit into the wait-and-see category.
caReGer, Green Mitchell, a reactor for Mitchell Steenbogaert, is part owner of 225 acres west of Lawrence and south of U.S. Highway 40.
"At this point there are absolutely no plans for it," Mitchell said. " we're waiting to see if a sewer comes through west of town."
Phil Bay, Bay Real Estate, is one of the owners of a landfill in awrence and awrence and north of the lake.
one man whimily took the corner, "We're waiting on zoning and roads," he said.
SANEWEIKW, VIKING Investment Corp.
LANCEWEST would make definite plans for its south of the city.
Pete Moore, of Viking, said, " we're going to wait and see what everybody else does.
Another landowner playing the waiting game is Carter Anderson, who owns land along the road leading to Bloomington, a recreational park west of the lake. Although thousands of tourists are expected to drive by his dor on their way to Bloomington, Anderson says he'll wait to develop his land until he sees the cars.
Another Clinton resident who may benefit from the lake is Lionel Edmonds. Edmunds on June 1 will become owner of a store in South Carolina, along with the grocery store comes commercial zonine
but despite his monopoly position, Edmounds said he wouldn't benefit from the campaign.
Edmunds said he would expand the business.
"It expand when the market's here," he said, "but I think that's a few years down the road."
without competition along a road expected to carry 500,000 cars a year.
Landowners and developers say the project's previous construction delays are one cause of their reluctance to start developments.
"I THINK we'll put in more pumps and sell bait and worms," he said.
Congress authorized the building of Clinton in 1962. Final completion of the project was scheduled for 1978. But, because of construction delays and the decision to kill the lake in stages, the lake won't be full until 1979.
Haley said, "I think locally the people have grown weary of hearing about Clinton
People don't become interested in buying near a lake until they see the water, he said.
CHARLES SHELLEY, Quin's Investment Corporation, said the corporation had had eight lots of three acres each on the market for two to three years.
"We just sold the last one last week," he said. "We probably would have been better off if we were just getting ready to sell them right now instead of two years ago."
Realists lose money when they invest in land and improvements but the lots don't. The real estate market is still strong.
Another hindrance to development, realists say, is the U.S. Army Corps of Engineers' regulation that no private property can be closer than 300 feet to the water, which rules out lake-front developments.
hrack said, "The Corps of Engineers' Mickey Mouse rules make it so that you can't get within so many feet of the water. You can do it. You can do it up on a hill and look at it."
BRINK AGREED that the long distances from possible building sites to the lake had slowed development.
A final hindrance to development is what one realtor calls the "Perry Lake phenomenon, an interesting study on how not to develop a lake."
"It's not only a 300-foot collar around the neck he said. "Some places it is a half-a-mule coat."
William R. Hess, Gill Real Estate. said
that at Lake Perry many people were ripped
up by high pressure, gift-giving
promotions.
"They took people for rides in jeeps with radios and made announcements that all the lots were being sold. People paid $ 6,000 for land worth $200 to $300," he said.
Many lots at Perry Lake had no sewers or water. Many remain vacant.
"It turned out that Clinton investment banker said, "I might still buy some land out there."
'AFTER THE public's bad experiences Perry Hess said, "I figures that Clinton was wrong."
But, like other developers, he's giving land near Clinton Lake a second look.
The green hills and green money of
the city are not the one who must miss
bis chance at bia profita.
As Mitchell said, "I think that for anything near the lake there is a strong market—even if it's just from other developers."
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