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Old Posted Jul 24, 2008, 3:14 PM
chadpcarey chadpcarey is offline
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Join Date: Jul 2007
Posts: 49
All -

First, thanks for your enthusiasm! This project has been very difficult from a permitting/design standpoint, but especially from a capitalization standpoint (it's very, very difficult to finance projects right now, especially a project with no comps). We are very excited about getting this "out of the ground".

Oh - and I fully expect board members here to "put their money where their mouth is" and lease a unit when we open!

SKW is correct - Grayson and Pearl are highlighted to emphasize the connection to Pearl and the River.

With regards to the empty lot at the NW corner of Broadway and Grayson, George Mauze has plans for a 9-story condo building (with street retail). He should formally announce the project (and start pre-sales) very soon.

As you guys are pointing out, there are lots of good things happening down there. It's important for us all to continue to promote the idea of this urban neighborhood.

Chad.
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