Sandy Pine | 124'-9" | 12 floors | On Hold

[maccoinnich]

Originally Posted by pdxsg34

Oof. I really hope this doesn't kill the project. Permitting was last active in December. Perhaps developers anticipate the permitting process to take 2 more years, then start dev after the lease?

There's no way that the issue is permitting, and certainly not two more years of it. It's very likely that they can't get financing right now, and it could be possible that the two year lease is in the hope that they will be able to in 2026.

[pdxsg34]

Originally Posted by maccoinnich

There's no way that the issue is permitting, and certainly not two more years of it. It's very likely that they can't get financing right now, and it could be possible that the two year lease is in the hope that they will be able to in 2026.

This is helpful. Thank you.

[Delaney]

Originally Posted by uncommon.name

I feel they could have put more thought into location.

any recommendations for a better location?