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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.
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Hmmm,
I wonder if the city is going to be willing to do that?
Equity partner will be Cal Pers