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Old Posted Mar 9, 2014, 9:18 PM
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ILUVSAT ILUVSAT is offline
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Join Date: Sep 2013
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Quote:
Originally Posted by ahealy View Post
I am beginning to wonder if they're scaling it down. This thing is beginning to fall far behind.
I do not think that is the case. In fact, the site will be in the 100-year flood plain (as previously mentioned) until the tunnel is complete and functioning. I can clearly see how it might be fairly difficult in securing financing on a project being currently planned for a site in a 100-year flood plain. It has nothing, necessarily, to do with the project itself. Any financial partner must weigh the risks in providing capital to a project...especially when it is currently in a flood plain and has no part in the success of the tunnel project.
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