Quote:
Originally Posted by Townie709
The reason I say it's gonna disappear is because the developer is going to have to spend millions upon millions of dollars on that old pile of crap and for what? 3 measley floors of usable space. It would be great for the public if it happened, but I think once the developers get their approval and start seriously looking at the costs, this one is gonna disappear never to be heard from again.
Prove me wrong, developers!
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I'm sure there was an at least basic economic feasibility study done along with the technical feasibility and preliminary design.
Sure, usually costs creep up once a project gets moving, but I'm sure they have a decent idea of what they're getting themselves into.
I think putting together the financing is where things often fall apart in construction projects and other areas in business, as our friends at Blackberry know all too well (after that buyout deal evaporated).