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Old Posted Jan 18, 2005, 7:22 PM
tim tim is offline
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Join Date: Feb 2004
Posts: 158
But this project will be unfeasable because of the high initial costs for land, demolition, and the costs of reconstruction of that historic palace. The most important part of the project are the towers. They subsidize the mall. Without them this huge project won't be attractive anymore. Apart from that it is only one tower we're speaking about. The hotel tower is not effected at all. Anyway, this doesn't matter because it seems the developer and the newspaper will come to agreement very shortly. A billion dollar project won't die because of a few millions more for a piece of land.
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