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Originally Posted by homebucket
Wonder where they are at with approval and financing.
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As stated in the Notice of Preparation of an Environmental Impact Report dated December 17, 2015 in the link posted above, in regards to approvel:
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Purpose of Notice
The planning department has determined that an EIR must be prepared for the proposed project prior to any final decision regarding whether to approve the project. The purpose of the EIR is to provide information about potential significant physical environmental effects of the proposed project, to identify possible ways to minimize the significant effects, and to describe and analyze possible alternatives to the proposed project. Preparation of an NOP or EIR does not indicate a decision by the City to approve or to disapprove the project. However, prior to making any such decision, the decision makers must review and consider the information contained in the EIR.
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Along with a completed EIR, there should also be completed plans for review and approval. Obviously, approval must come before below grade construction begins, so perhaps approval may come sometime in 2027, if all goes well according to anticipated project schedule.
Where financing involves construction cost, plans must also be completed for the architect to do cost estimates based on intended design.