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Old Posted Apr 23, 2007, 3:21 AM
kornbread kornbread is offline
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Join Date: Oct 2005
Location: Texas
Posts: 807
For them to supposedly break ground in December and there not be any kind of activity at the site for 4 months, it sure seems like the groundbreaking was for appearances only. For all we know, they may still be trying to reach 60% (going on one year since they started selling the units).

We were in town this past weekend and the Broadway is all boarded up in a way that seems like they are trying to hide THEIR lack of activity.

I think there is demand for downtown condos, but I'm not so sure people are buying into high-rise living. I mean, if the market was really hot we should have already started to see something rise.

It could be that best thing going on downtown are the apartment projects. These could give people a try before you buy feel for downtown and kickstart some development in about 5 years.
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