Posted Oct 10, 2012, 4:51 PM
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Registered User
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Join Date: Sep 2012
Location: San Francisco
Posts: 84
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The September 30 th deadline for lead developer Hines to pay a $5 million dollars nonrefundable line of credit has come to pass with no payment.
So, as being reported, if nothing changes by Thursday's TransBay Joint Powers Authority, they may have no choice to toss Hines proposal and put it out to bid again.
What a cluster, IMO. There is a possibility this building may never be built or certainly a modest highrise no where near the 1,070 ft.
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