This kind of issue makes for interesting debate, whether or not a traffic circle is feasible at this horrendously manufacturer 5-Point Intersection (5PI) and is an issue similar to the feasibility of a regional airport for the City. Things do not become feasible until at least an attempt is made; nothing ever happens if you don't try.
There is a DOT (U.S.) manual on the construction of Roundabouts and Circles. A link below is provided fyi (it is technical in nature so beware). Two immediate requirements must be met:: Diameter and Speed. The standard Inscribed Circle Diameter Range (ICDR) is 150-180ft and Speed for Two Lane Circle is 25mph.
If the 5PI has a diameter to build an ICDR of 150-180ft, then the 5-Point Traffic Circle (5PTC) is feasible.
Obviously, speed can be reduced to 25mph. The obstacles that remain to designing the 5PTC is the approaching streets and their reconfiguration.
I personally do not have any idea of the actual diameter of the 5PI. Until that is determined, there is really not anyway to prove the negative.
https://www.fhwa.dot...0067/000676.pdf
Let me guide you through my thought process:
1. This is a six point intersection: 7th St. (both ways), Unversity (both ways) Camp Bowie, Bailey.
2. The 150-180 feet diameter is for a 4 point roundabout per footnote 1 on the table on page 13 of the manual.
3. The one depicted in the manual indicates that entry and exit lanes line up (i.e., no circumferential space in between).
4. For a 6 point roundabout, the diameter would need to be increased to provide two additional entries/exits. Roughly speaking, the circumference would need to increase 50%, and diameter is proportional to circumference. So the inscribed circle diameter would need to be 50% larger 225-270ft.
5. The distance between the Eyeworks building and the Museum Place building between Bailey and 7th is 266 feet (per Google Map measurement).
6. So under the most ideal conditions, the inscribed circle diameter of a 6 point traffic circle would *barely* fit in the space available.
7. Although the roundabout itself would fit, there is not enough room for the entry/exit lanes.
Geometrically, as soon as the Eyeworks building was built there was no longer enough room for a roundabout meeting the DOT guidelines there.
Even with the assumption that Bailey is cut off at the knees to make it a 5 point intersection, the inscribed circle becomes 188 - 225 ft and it's still a very, very tight fit once you attempt to add in the entry/exit lanes.
The inscribed circle of the concept drawing looks like it's right around 260-270 feet in diameter and my cobbled together picture is supported by my thought process points 1-7.