So with the agreement between SOHO and the CA Theatre developers downtown now has 5 prominent towers approved yet not under construction: 7th/Market, Holland Group Courthouse Redev on Broadway, 1st and Beech, Alexan Little Italy, and CA Theatre.
5 being very confident construction will begin in this cycle and 1 being improbable let's gauge your confidence on each of these towers:
7th/Market: 5 Cisterra is solid financing will be announced shortly
Holland Group: 4 time table seems a bit longer due to it being Government land, and they announced construction wouldn't begin until middle of next year
1st and Beech: 3 , Who is this Willmark Company? Have they ever built a tower? This thing has been approved since mid 2016 so three years now. They did just get approval to add more units so maybe that is a sign they are serious and now will get financing soon.
Alexan: 5 Solid company they always follow through have already done one mid rise in East Village
CA Theatre: 3 Company seems really serious wants to be a catalyst on C street have hung in there and fought it out. Don't know if they have ever built a major tower like this before so they are newbies.
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In all these 5 towers will transform out Skyline along with Manchester Pac we will have a skyline to be proud of
Alexan and 1st Beech will bring height to a part of town that really needs it and CA Theatre also will add nice bulk to that section of towers on North East end of downtown.
Our skyline will have 3 solid clusters of towers: East Village, Waterfront, and Symphony Towers Core