Quote:
Originally Posted by PadreHomer
Their proposal looked really, really awful in comparison with Gerding Edlen.
Now here's to hoping that Gerding wasn't understating costs to land the contract.
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Congratulations Gerding. You MIGHT get the chance to team up with an insolvent partner that has no clear leadership and will be going through adminstration changes 4 times (2008, 2012, 2016 and 2020) over the life of the build out of the project.
I hate to be syncial but with the false start on the Federal Court House (not enough money budgeted to get it built as planned) and the stalled Library (no funding), Gerding has no idea what they are getting into. Hines (and every other major developer around the country) figured out that the City has no money and it is less than 50% that this deal moves forward.