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I backed out of The Mark and forfeited $26,000 which was 3%. |
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Soo 100% over budget? Ouch. The last figure I saw refernced somewhere in the neighborhood of $24-$26million for the bridge. Is that now doubled? |
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I really hope they don't change the design of the pedestrian bridge too much in order to lower costs. It would suck if it ends up looking like the bridges you see over the freeways. :(
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I hadn’t been to downtown San Diego (or at least seen it in the daytime) in about 2 years. I went to a wedding on at the Hotel Del Coronado. When we left at noon the next day and drove over the bridge, I was really amazed at how much the skyline had changed since the last time I saw it. And a lot still under construction. Very beautiful city. :tup:
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My point earlier is that a lot of circumstances have changed over the past 18-24 months. Many of the units may have been reserved by buyers who had the intention of selling their current home and moving to Electra. There is a good chance that some of those will fall out of escrow. Also, many buyers may have fibbed and told the lender that they will be using the Electra as their primary residence even though they weren't. This fib made it easier to underwrite the loan and get a better interest rate. Today, the underwriting isn't so fast and loose. |
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1. Its illegal to use a copyrighted logo without paying the owner of that logo 2. It would deter interest in any other possible tenent if they think the space is already occupied. A lot of time on the Burnham or Grubb & Ellis listing flyers, you see spaces called out as "lease pending", even if the tenent is all but certain to be taking the space, just because until the deal is signed, they don't want to pigeon hole themselves if the tennent ends up backing out. |
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I just spoke with the brokers. Gordon Biersch is NOT signed up. They are still far apart on deal terms. |
I know I will be in the minority here, but I have never like the bridge design. It looks like the sail of a boat, but it is tilted, and reminds me of a sinking ship or something. Maybe it's just the rendering, but it just doesn't look good to me :shrug:
http://www.ccdc.com/images/propertyI...0south-Web.jpg I do agree we need a bridge there desperately and we need it right away |
Ballpark Pubs and Bars
I think it's great that bars and pubs are starting to expand to the immediate ballpark area, I just hope some higher-end restaurants or clubs will soon follow as I fear the area might become too "frat-boyish" and not sophisticated enough.
I know that sounds kind of snobby, but I really think with all the rennovated warehouses and great architecture the ballpark area could be a little more high-end than hooters-like pubs. I also noticed at the Farenheight building right near the ballpark, a really cool industrial looking building, there is an advertisement for some place called "Dirty Del's" going in on the corner. What is this, another hooters-type drinking pub just a block away from Diamond View where they will be putting in the other place? Anyway, just my opinion, I'm all for a VARIETY of places and pubs with bar girls who have their breasts hanging out are fine, I just see the type of establishments taking a turn for the mid-to-lower end and I think SD has enough of these type of things and we could strive to maybe a little older (30s and 40s instead of 20s) crowd who has more money and still wants hip and trendy but in a more sophisticated manner |
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If the East Village gets a Trader Joes and more diverse and hip retail and dining, it could really be more like Soho in Manhatten or a lot of neighborhoods in San Fran, rather than an extension of the gaslamp. |
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TR Produce
Your wishes shall come true!!!
Trust!!! |
Visionary, what do you mean?
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I like the way you think Hugo. :)
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