Posted Apr 8, 2016, 1:50 AM
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Moderator
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Join Date: Jan 2009
Location: 360, St. Edwards
Posts: 12,383
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Cancelled
Developer cancels tower amid slowdown
Quote:
A development firm that had plans to build a gleaming office tower on a prime site in Midtown has shifted gears. It's now considering other options, like leasing the property to a restaurateur or retailer, or perhaps developing condos there.
For now, the company is planning to weigh its options.
"We're open to all disciplines so long as it makes sense and it's financially viable, including developing the site ourselves," Tofsky said.
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