Same thing that happened in 2008 is reoccurring with this project - days away from breaking ground then being put on hold. The project will not move forward until a tenant signs on.
I think this has affected every city at some time. The WTC went begging for money at one point; the developers decided to lop off 7WTC because they weren't sure the market would support it.
This is what the GHP is supposed to fix. Bringing new businesses to Houston is what will drive demand.
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"This will be good for the city"
An emailed statement from the company said: "Crescent is committed to Six Houston Center. We are in discussions with several large tenants, and the response to our location, design and amenities has been very favorable. We have our permits and financing in place, and we are targeting a 2017 completion - which coincides with many significant lease expirations in the market."
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The suburbs are second-rate. Cookie-cutter houses, treeless yards, mediocre schools, and more crime than you think. Do your family a favor and move closer to the city.
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