Quote:
Originally Posted by SamInTheLoop
.....(T)he wsj article seemed to imply a total project cost of no more than approximately $250 million. Seems to me to be at least somewhat on the low side to build what's in that rendering (and keeping in mind luxury hotel and condos for the residential)........Actually, scratch that - that up to $250 million would only be the equity investment I'm assuming.....total cost including debt of course could be much more........I have a feeling the leverage here will likely end up being quite a bit lower than other 'similar' projects.....
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Wanda's own website gives a figure of US$900-million.
Link.
That seems like a more realistic figure.