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Old Posted Sep 12, 2007, 7:54 PM
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rocketman_95046 rocketman_95046 is offline
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Location: SD/SJ, CA, USA
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Quote:
Originally Posted by fflint View Post
In theory, if Pelli provided half as much money for a tower that was whittled down to half the size of his initial proposal, the project would still bring in roughly the sum that was initially sought, no?

No, If you read the jury's report. Hines' payout was based on a sliding rule. the higher the floor the higher the price/sqft that would be given to TJPA. So if they cut the building in half the TJPA would lose much more than half the cash. Simply stated the taller the building the more profit TJPA gets.

Also in the report Hines stated that chaning a portion of the building would not impact the payout. I wouldnt worry to much about the height, its not like the terminal is over funded... they will need all the cash they can get.
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