View Single Post
  #70  
Old Posted Aug 5, 2020, 5:53 AM
mhays mhays is online now
Registered User
 
Join Date: Jul 2001
Posts: 18,090
Buildings and projects are owned by LLCs, which compartmentalize everything away. The problems of one project don't necessarily affect others.

But they still lose some skin when any LLC goes bust. Plus the company sounds like a bad bet, and a big retail center certainly sounded like a very questionable bet even in 2019.

Before any major retail gets built, we'll need to see how the wave of store bankruptcies goes, whether people return en masse to onsite retailing vs. the recent online shifts, and so on. Maybe this one has some special oomph if it can capture international shoppers but that sounds sketchy too.
__________________
"Everyday" as one word means "ordinary."
You probably mean "every day."
Reply With Quote