What's the story on the stainless steel like house at the northeast corner of Lubbock and Bowie? Doesn't look like it's in the mood to be torn down. It's the only house left on the whole block.
Sorry, I haven't responded to the questions in this thread, guys, but I haven't looked in here since May. And in many cases, DB and others have given really good information that I couldn't improve on in any way. In a number of cases, they have better information than me, so I enjoy reading their responses as much as anybody.
That silver house you speak of is completely surrounded by TCU campus and is owned by an architectural guy who used to teach as an adjunct in TCU's Fashion Merchandising & Interior Design program. Several years ago, he got in a wee bit of trouble for assigning his students class projects that improved his personal property, which is a big no-no.
Much as TCU would like to acquire that property, my understanding is that he's pretty happy and entrenched there, so I doubt he'll be selling anytime soon. It's his property. He's paying for it, so he's entitled to it. More power to him.
When it happens (likely in the next 3-5 years), the east side expansion of Amon Carter Stadium will include a second deck. It almost has to in order to include the luxury suites they plan on adding. You could add the suites without the deck, but if you're going that far in construction, it's more cost-effective to do the whole thing -- suites and new deck -- all at once.
Even with the likely impending increase in the enrollment cap, TCU still aims to build enough housing to accommodate every undergrad on campus. Right now, we accommodate about half of them. But Chancellor Boschini often describes that "total undergrad housing" goal as a "world peace" type goal -- something we should always strive for, but are unlikely to ever completely achieve. We will keep expanding on-campus student housing because there's a demand for it and, for the last decade at least, and for the foreseeable future, the demand far exceeds the supply.
TCU generally takes on debt for building projects under only two conditions:
1. The project is not an attractive fundraising option. As generous as our donors are, few want to put their names on a parking garage or a new physical plant building. Completely understandable.
2. The particular project need is too strategically urgent to wait on the sometimes slow and uncertain process of fundraising. For some projects, we can raise the needed money very quickly -- in a year or two. For example, we just completed fundraising for the Kelly Center expansion, and you will see dirt flying on that project very soon. But for very large-ticket projects, the fundraising can stretch over many years. When the need is immediate, you just can't wait that long. That's why we began the Neeley School rebuilding and expansion project this summer, even though we still have $15 million or so to raise.
In a number of cases, TCU has relied on a combination of fundraising and debt to finance a project. It's a good compromise. It gets things done while still minimizing our overall debt liability.