Quote:
Originally Posted by loonytoony
Rumored to be Lincoln and Lynd
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That is interesting...Lincoln and Lynd have been competitors up to this point on both their development and property management platforms.
Also in responding to the Sutton question: Sutton's sole investment focus these days seems to be just gobbling up as many downtown development sites as they can for land plays. They originally bought the land for what is now the Millenium Rainey project, publicized a rendering of two 50-story towers and subsequently sold it to Dinerstein, which then built that huge missed opportunity of an 8-story building.
Sutton also bought out all of the Villas on Town Lake condos, flashed a rendering of two 50+ story buildings and subsequently sold the site to Genesis (at least they still plan to build something 40 stories tall).
The Waller Park Place sites will inevitably get sold off to some other group as well and will never happen as originally proposed (fingers crossed that may turn out to be a good thing). I have lost all faith in Sutton's ability to actually deliver new towers. They just create hype around the site potential to add more value for reselling land parcels in the future.