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Old Posted Jul 9, 2011, 8:48 AM
bobcat bobcat is offline
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Join Date: Jun 2004
Posts: 1,791
Quote:
Originally Posted by tommaso View Post
Demand and location are not the issue, financing is. Get the right developer with the financing and you will see condos adjacent to Staples Center/Convention Center.
I feel that location is a poor choice for a condo development and the only reason it was ever proposed was because of easy money flowing from the banks. Logically that plot should be reserved for a hotel or some other tourism related development. Flower and Hope Streets are much better suited to residential development.