Quote:
Originally Posted by Arquitect
Well, to be fair, that huge set-back and garage facade would be covered by the second phase of the project. I don't really understand why the developer didn't release renderings or plans that clearly marked this was a two phase project. It would probably address a lot of the concerns that we all have about it.
If CityScape is teaching us anything, it is that not all second phases are doomed to fail. So I am sure some of us would be more open to the current renderings if we could see that the next phase would include retail and wrap the garage nicely. Lets face it, it makes more sense to have retail facing VanBuren than Monroe.
|
I understand your point, but generally, second phases usually don't pan out. Commercial real estate comes in cycles. If this building were approved tomorrow it wouldn't open for at least another 2 years. Then, with all intentions to build a second phase; the economy collapses again. Now, you have a permanent or long-term building with a garage facing Van Buren. If you don't believe me on the second phase projects rarely happen, just think of The Viad Tower, The punchcard building at Central and Osborn, Colliers Center, Cityscape scale down and release of third parcel, Arizona Center, Hayden Ferry, etc.