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Originally Posted by SLC Projects
Thanks for the info. I hope this project gets back on track soon. 
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I just spoke with a the woman at the Planning Department who's handling this project, and here's what I learned:
There will be a presentation to the Planning Commission next Tuesday, I believe, at which Howa will request an extension of time in which to secure their financing for the project. Also, they're going to reduce the size of the residential component, and seek to do the project in a couple phases, starting with the west side of 300 West. That first phase will be exclusively commercial. They hope to use the first phase to "build momentum" for the second phase.
Everyone who put a deposit on the condos and townhomes that were to be built has had their deposit money returned to them.
Basically, this project is going nowhere fast. If we're lucky, we'll have a small amount of new commercial on the west side of 300 West. Perhaps this should be put up for other developers to bid on if Howa can't get it done.
Howa overpromised.