Quote:
Originally Posted by boyinthecity
I noticed how far (ahead) the wilshire grand has come in the same amount of time. Even the foster tower in philly looks to be ahead of this one.
there was also just a webcam posting of the site in the san francisco projects forum that showed equipment on site but they have not even started digging (below ground level) .
i looked through the fence about a year ago and it looks exactly the same.
i am wondering? is the holdup all about the tax issue? to my knowledge, it has not been resolved.
i wonder if they are pushing dirt around to keep the sales and marketed staff happy.
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They have started excavating - it's hard to see from the webcam, and hard to grab pictures of because of the fence, but if you lived here and saw in person you would be as impatient as we all are, but you would have a better understanding.
Quote:
Originally Posted by botoxic
Generally, it has been my experience that companies don't spend tens of thousands of dollars daily (labor, equipment, fuel) just to keep sales and marketing staffs happy.
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Well a liiiittttttle more than that. Almost $200M for the land alone and many millions on completed prep work (caissons, shoring, etc).
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The cost it takes to consider and prep a tower in SF is not much less than the cost to finish a tower in many other cities. This is going to be the centerpiece of Boston Properties' empire. Boston Properties. And Hines.