Quote:
Originally Posted by Spaceman
This project is a barometer of developer confidence in DT Austin..If Manchester balks, other potential projects could be impacted..
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If this project fails it will not be due to Manchester "balking." It will have to do with the ineptness of Baby Doug being able to pull off a project of this scope. This is his first major development. Papa Doug has kind of thrown him to the wolves on this one.
Other developers are not sitting around waiting to see what happens to this project. They are out there trying to make their own projects work!
You really don't know the dynamics of commercial real estate development, do you? Go downtown and take a look around...see the cranes? Nobody is sitting around waiting to see if the Fairmont is going (or not going) to break ground.
If anyone is...they are investors who want to sweep-in and grab that site should Manchester fail.