Quote:
Originally Posted by Steely Dan
that's too bad. i guess i'll have to take it off the list on page 1.
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The project was probably never going to happen anyway. The developer was fishing for a $120 million subsidy from the city. That is a lot of money for a city the size of St Paul. Had it gone forward St Paul ran the risk of subsidising a project that could crash the city condo market and cut property tax revenues. It just didn't make sense to do it.
IMO the cancellation of the Bridges makes the Penfield much more likely to happen.