Quote:
Originally Posted by Hokiehaven
I agree, it's a very wise decision. He'll inevitably be the only game in town once most of it is developed around him and values will go even higher as he controls the market.
I'm fine with the 10th street one being later as that is clearly the most primo spot in arguably the whole city, wish they'd do something temp in the meantime, but some of the others probably need to move sooner hopefully.
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I get that he may be hoarding his properties so he can get a better price later, but that 1) assumes the market won't crash again, which it likely will, and 2) means that the midtown residents are the ones who suffer. I am so sick of walking around midtown and seeing his stupid empty lots with the giant signs. With all the developing going on, I'm sure we all would love to see those lots in the mix.
And, just to point out the other elephant in the room, but the last we heard from him was his plan months ago to add floors to the Campanille. It doesn't seem like he's made any movement on that project, not that it's one worth pursuing...