Quote:
Originally Posted by austintilIdie
...So we're looking at 2013-2015 for completions...gives a lot of time for changes between now and then...
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Possibly...the GWTP site will be ready for development in Feb. 2010. I would assume that these projects will not be built all at once; they may be phased in over time and/or as market demand warrants. If this is the case, and if construction begins at GWTP by the end of 2010, we may see delivery of the first building(s) by late 2012 (and complete delivery by 2013-2014).
Furthermore, phased projects are subject to a higher probability of modifications to the overall master (or site) plan due to potential alterations in market conditions. These changes may lead to setbacks in the city permitting process, thus delaying delivery time.
With regard to the ECC site, which will be made ready by 2011, all five proposals indicate only one building on that property. Therefore, if construction begins by the end of 2011, we may see delivery of that structure some 24-30 months later.