Quote:
Originally Posted by GoldenBoot
I'd feel a whole lot better about this project if they were not only beginning site preparation but also had already announced/released/began the following (in no particular order): financiers (who, specifically, is providing construction and development loan facilities), hotel operator, general contractor, pre-sales for condos, new renderings, pre-leasing of office space, pre-leasing of retail space, pre-leasing of apartments, etc.
None of the aforementioned information has been made publicly available. So, simple demolition of the existing, run-down structures really does not mean a whole lot. It also does not mean this specific project is moving forward. It is what it is...demoing old buildings.
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Always the voice of reason, thank you.
I agreee, Demo can only mean demo.
We see several empty blocks downtown that were demolished in the past couple years without a project being built: ZaZa ( thought it may happen) and almost the entire 1700 block of Guadalupe ( where the dog and duck , etc were)
Hell, so much of what has been built downtown in the last decade was built of empty lots that were demolish in the 80s on spec.... and many still stand empty.
So... while I do hope this project happens.... demo is not a sure indicator.... espescially condering the laundry list of unknowns listed above.