Quote:
Originally Posted by Spitfiredude
Two new articles on azcentral. I cannot copy and paste because of access issues. I read them on my phone. One is opposition toward the Jefferson project, while the other is on rebranding Mill Ave as Downtown Tempe.
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Here is the one on Jefferson:
http://www.azcentral.com/story/news/loca...eighs-unit-apartment-town-lake/18969053/
The true issue seems to be condos vs. apartments. The owners at NorthShore see apartments as destroying value of their condos. They would then be surrounded by apartments on two sides. If condos are built it can actually enhance the value of their properties. So although they make other arguments, this is really the heart of what's going on here.
I agree with them, but really someone who develops and rents apartments is FAR different than someone who develops and sells condos. I don't see them changing this project in that regard.
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