Quote:
Originally Posted by LouisVanDerWright
Supposedly another demo permit was issued for La Luce...
Does anyone know what's going on? I was under the impression it was saved... Don't tell me they are going to knock it down for a bigger dog run...
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I replied in the Gen Dev thread. When I looked into this before, I didn't see a path to redevelop that site any time in the near future... it's just an orphan city lot, 25' wide, not suitable for a big highrise or midrise. A little condo or office building doesn't make much sense to build there. Marquette probably doesn't want to play small time landlord, so I assumed they would try to sell it.
Based on this new demo permit, I guess Marquette is playing a long game to assemble a larger site somehow, and they don't mind tearing down La Luce now and landbanking it for a few years.