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Old Posted Apr 22, 2010, 10:34 PM
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rocketman_95046 rocketman_95046 is offline
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Join Date: Aug 2002
Location: SD/SJ, CA, USA
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Quote:
Originally Posted by peanut gallery View Post
^1200, 1000, either way, I'd be happy. But reading that article makes me really concerned that Hines may not pay the TJPA that money for a very long time (if ever) thus delaying construction of the new terminal for years. They have no motivation to sign off on the deal in a timely fashion unless faced with the threat of losing exclusive bargaining rights. And I don't think doing that will generate a better bid at this point. I was really hoping that was a done deal and Hines had already paid their fees.
I doubt they will sign anything until SF approves the zoning. I would bet $5 that zoning is 90% of the issue (once they sign Hines has no leverage left).

Zoning negotiations are probably the reason the tower changed from 1200 to 1000 as well.
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