Quote:
Originally Posted by McBane
Is PMC adding any floors to this? I also don't care for the fact that it's going to be office only. This area needs more residents and an office building adds only very limited vitality. Nixing the mixed use in my opinion is worse than simply reducing the height.
Think of it this way: it was going to be ugly no matter what; now at least it's not as noticeable.
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I have a source very close to this project and there is going to be retail on the first floor, with a restaurant facing the river.
They also mentioned that the reason the height/apartments were nixed from this were two fold:
1. They have some minor concerns about an over saturation of the market
2. One of the reasons for that over saturation is that they are planning to build apartments very nearby, taking out a parking lot and didn't want to cannibalize their own building
I couldn't get which lot or how many apartments/height out of them, but it sounded like it's another waterfront development. Since it would likely be a similar architect, this might not be the most exciting news, but I'd be happy if they can add some more water facing retail (although I did not get any confirmation on that being a part of the new project one way or the other).