awesome Cira 2 news! let's hope current mortgage/subprime problems won't trickle down to commercial real estate as well and kill this thing even before it takes off the ground... Even though I remain optimistic about US economy a lot of hedge funds that traded a lot of asset backed (read real estate)commercial paper are in serious trouble and won't buy new issues anymore, hence possibly no financing for Cira 2...
which means not so good news for a lot of projects in the pipeline...
if these news were to come out a year ago, I would have given this project better than 50% chance of happening, now maybe 20%...
hey, let's keep hope alive and this thread rolling with hopefully more good news!