Posted Mar 23, 2009, 5:02 PM
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COGSADCAJA, VP and CGO
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Join Date: Aug 2006
Location: Frozen Swamps of Ohio
Posts: 1,369
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I got in touch with the developer on the Broadway Lofts...
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We are still on track although the pace of progress is incredibly slow. We have completed the construction documents for the office building and garage and are still working on the apartment drawings. The project will be substantially the same as you saw earlier. It will definitely be a unique urban project quite different from prototypical, suburban apartments. We are working on a significant pre-lease which would put the office project on schedule to start in mid May. Without that lease and given the current economic environment, we will be forced to wait on starting the commercial piece until we have some significant pre-leasing.
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PAVE PARADISE, PUT UP A (HIGH-RISE ON A) PARKING LOT...
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