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Old Posted Jan 28, 2015, 3:36 PM
SamInTheLoop SamInTheLoop is offline
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Join Date: Sep 2006
Posts: 5,546
Quote:
Originally Posted by chrisvfr800i View Post
Building permit has been delayed due to some design changes. It's expected any day. Look for things to ramp up in the next week or so.

This is good news - thanks for sharing. The other thing I'd noted (not that I necessarily assumed there was a definite direct connection to the work pause here) is that a few months ago, when Crain's reported that work was starting, there was no construction debt financing in place at that time (aside: this is something we're seeing a bit more of, and I suspect will continue to somewhat over the course of this year/maybe next, I'll explain the factors behind in another thread). Chris, would you happen to know if financing has been wrapped-up and closed on Optima II?


As others have stated, I'm also looking forward to this one starting to take shape!
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Last edited by SamInTheLoop; Jan 28, 2015 at 5:58 PM.