Quote:
Originally Posted by pilsenarch
They might be throwing caution to the wind for a couple of reasons:
1, just not worrying about being called out a few years down the road, and
2, not having to answer too many questions about what might be blocking Vista's views in the future
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A bird in the hand is worth two in the bush. I think their current strategy makes perfect sense.
It could take another 15-20 years for them to be ready for the NE parcel. At that point they could just sell it to somebody else and let them worry about upzoning, affordable requirements, etc. They will get their money out of LSE one way or the other.
Furthermore I'm not that convinced that the NE parcel is all that desirable anyway. At least I personally wouldn't want to live there.