Quote:
Originally Posted by Diffbean
There will be a lot of ground breaking starting up over the next few months down in SoWa. Block 31 (Mirabella) scheduled to start in May, Block 49 (Simpson Housing) any day now, and the 45 block also set to start development. With the Greenway set to start its design in the early summer and the park by late summer there will be a lot of movement in SoWa over the next 6 months.
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I'm at a loss. How can they continue to break ground on properties no one is buying? I understand the Mirabella because it is a nitch but how are the others getting financing?