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Old Posted Feb 6, 2016, 9:19 PM
innovativethinking innovativethinking is offline
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Join Date: Mar 2012
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Kudos to the Goodmans for thinking big, but this really amounts to nothing more than the Goodmans deciding it is time to do something with their properties. They aren't developers. They want to do long-term ground leases. That means they need someone else who wants to build a building. It's exciting that the City is implementing zoning changes that will allow this to happen, but this is really nothing more than a very well done bulk marketing effort to attract "buyers" to their properties. I'm not criticizing the Goodmans plan at all, but under a long-term land lease, they are an important passenger on the bus, but they still need to find one, two, or more bus drivers.
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