Posted Jun 14, 2012, 2:45 AM
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Registered User
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Join Date: Jun 2009
Location: Between RRock and a hard place
Posts: 4,432
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Wasn't this the site where a 30 plus floor Van Zante something or other Hotel / condo was planned, then reduced, and now shelved? Regardless, I'm not holding my breath on this one. Out of all the planned projects, I feel this and the Farmont (formally Grande) are least likely to get built. My reasoning is the timing. By the time they get around to breaking ground, the overall scope of those projects may be too large for the demand once the newer construction nears completion. Anything can happen in the next few years in today's economy, especially in an election year. I'm guessing the Manchester Group is waiting until next year to break ground as a wait and see strategy. But I fear the farther they push out the ground breaking, the least likely it will ever get built. And am I missing something or does 100 mil seem kind of light for a project this big, even for the first phase?
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