Quote:
Originally Posted by sdm
Certainly a nice site, however the lending markets are extremely tight for money, unless the developer/owner is willing to pay the higher spreads that banks are commanding and therefore making the project questionable to proceed on.
Eventually this will correct and i am sure we will see a development.
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Long term it may not even hurt the city since there are older developments still being absorbed. Eventually that has to happen or the new ones stall anyway regardless of the lending environment.
I'd like to see the Alexander happen also.. I've always hated that parking lot.