You really haven't been to Guadalupe lately, have you? It's very commercial, and most of the smaller businesses were forced out years ago. I'm sure the company who bought the land looked at the best ways to maximize their profits, and found that renovating those old buildings would be more costly than tearing them down and putting a CVS there instead. I'm not really sure what the market is for a CVS next to a college campus, but whatever. Run-down, vintage, whatever you want to call it, it looks junky. Actually it becomes a selling point the school does have. People, especially 18 year olds fresh out of HS and away from mom and dad, like to feel closer to home. Having stuff they recognize close to the campus, like Starbucks, Jack in the Box, Subway, Taco Cabana, whatever, makes them feel closer to home. Also by making the perimeter of the campus look better, it becomes easier for the school to be mentioned in the same breath as UT-Austin, A&M, and Tech. Ideally the whole north and south sides of the campus would be thriving with new businesses. This will bring in your students from more well off areas like Southlake, Frisco, Plano, Allen, etc who grew up focused on their city's HS sports and will transition over to North Texas sports. I think the vocal minority are making Fry Street sound like this amazing utopia in Denton, when it's really one step above your average rundown area of Dallas or Fort Worth.