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Old Posted Aug 27, 2012, 4:55 AM
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Join Date: Apr 2007
Location: Marin
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I think the distinction that coyotetrickster is making is that the fees that Hines paid were crucial but the actual construction of the tower is not. Assuming Hines has paid their fees (I have seen confirmation of the agreed upon amount, but I don't know the status of actual payment) then it doesn't currently matter when they begin construction. There are plenty of other projects in the pipeline -- some of which are approved and ready to go once their developers have funding and decide to start -- so it's not like this tower is critical to filling demand right now. It could be in the future however.
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