Thread: 44 W Monroe
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Old Posted Mar 30, 2006, 8:30 AM
loftlovr's Avatar
loftlovr loftlovr is offline
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Join Date: Feb 2006
Location: Phoenix
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Grace gets private financing with their projects. -Or at least a decent chunk from private investors through "profit sharing"... I imagine with this downpayment the bank gives them more favorable interest rates and may have seen a huge "interest list" rather than actual lot reservations and deemed that as a sign of security.

I wonder if Grace regrets their decision not to "take their money and run".. -They'd be sold out and finished with construction probably had they not decided to chase the money and build taller.

Either way- I am happy because I like the height and design. Downtown will get there soon- you watch!
I am young and optimistic I know-
I also know this has been said for the last 10 years...
But I feel it- too many cool projects coming. ASU is the clincher.
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