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Old Posted Mar 24, 2006, 3:20 AM
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enigma99a enigma99a is offline
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Join Date: Sep 2003
Location: Rocklin
Posts: 2,251
Quote:
Originally Posted by joninsac
Ch. 3 news just had a story about 301 CM. They said Saca spent $20 million of his own money on demolition and wants the city to cut or eliminate the various fees involved with the project to make it easier for him to start construction. Saca also said that 301 CM is now a $500 million project and that he will shortly announce his equity partner who will be financing the majority of the project. He also mentioned that both towers will be 25 stories tall by this time next year.
25 stories sounds very agressive. I don't see how by March 2007 it will be 25 stories. But then again, isn't he going to use precast concrete?
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