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Originally Posted by SirLucasTheGreat
A Square is going to very different in a few years, especially with the 5280 trail. The Evolve Towers are legit though, right? Isn't the confidence level in that project has happening pretty high?
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Yeah, just no construction permitting activity yet. Considering they said that they plan to break ground soon, they don't seem to be moving quickly. This is a developer with no track record of delivering a single project and probably meager financial means unlike the big players from Vancouver, Chicago and New York developing the other properties in the towers list.
It could happen though, they claimed to be getting major interest from investors, their development plans are 100% city approved, they bought the property, the city seems enthused about the "attainable" price point, and of course they cleaned up the encampments and designated that surrounding area as a frequent clean-up zone. All of these are positive indicators.
One other interesting aspect to eVolve towers is that it will be the first construction project in Colorado to use "top-down" construction, whereby the core is erected and then floors are fabricated and raised to highest open level and they work their way down. That would be very interesting to see.