I was tipped off by some people moving out of the existing building. They said that "they must be moved out of the building by Mid-August along with all of the other tenants in the building". They were also saying that from what they heard, demolition is supposed to start in mid September and last until the middle of November. There will be traffic headaches according to a woman at the nearby Tums Building. She says that Broadway will have a lane taken away from it, as well as Clark, for demolition equipment. I contacted CA Ventures and White Oak Partners (the developers) about where they are at on this and their response was the same, "we are continuing on our financing plan with lenders but will start in September. We have a stipulation in place that we MUST have funding for the demolition of the current structure and construction of the new structure. We can't wait on building the new tower after demolition has taken place".
I give this a 95% chance of happening now.
__________________
"Here's to the crazy ones..." - Steve Jobs
|