Quote:
Originally Posted by buckett5425
There is a proposal in the works for the 400 block of Canal Street. Its being pitched to the city that renovation of the Sanlin Building is contingent on the tower being approved and the three existing buildings being demolished. Apple had signed a letter of intent to occupy a ground floor suite, however I am unsure of the current status.
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That certainly wouldn't surprise me, but sounds like an incredibly poor strategy (which also doesn't surprise me). I don't see any way the demolition of those buildings will ever be approved, no matter how large the proposal. And I really don't think the current council will take kindly to the idea of holding one building hostage (Sanlin) over another project, especially since the Sanlin was already supposedly going to be redeveloped.
I personally would oppose such a project because there's no guarantee you'd get the big shiny tower once the older buildings are demolished.