Monday, June 23, 2008
Progress...
Here is a proposed $50 million building project for downtown. A hotel, more than 160 condominium units, 25,000 square feet of retail space and a parking garage are all planned parts of the project that has been going on since early 2005. But the project has lost its early financing, and bills and taxes are piling up. The developers are still hoping to go ahead with the project, and are searching for other investors. It would be nice to have it completed, but not having a hole over most of a city block would be really nice! Hopefully things will be on track again soon.
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