[shirley1929]

Originally Posted by homeward*bound

The idea that there is no land available in the west campus area of UT is a myth. There are dozens of good sized parcels still available for tear downs ---- for the right price. It's the price that's prohibitive. With developers paying exorbitant prices for land to build monolithic student apartment complexes, it will be an enormous financial feat for any organization to secure an apporpriate piece of land and build a competitive house. Add to that the nature of UT's Greek system that's frequently discussed here, and you're looking at a colossal risk.

^^ Yep!