Originally Posted by chris08876
Definitely a reduction from the original 750k sq ft. Seems like a missed opportunity. It could be a temp filing, but if its true, then this is a wasted opportunity.
I do have a suspicion this isn't the final dimensions for this tower. The demand is there, and hopefully they don't undercut themselves.
I was wondering about that because even the original building permit has the new information. Maybe they were contemplationg purchasing additional air rights which went to someone else (Extell, JDS) or maybe they sold some rights themselves, which wouldn't make sense. Or maybe they are going for a multi (2 or more) tower development like CityPoint accross the street. The first few floors will still be retail, but I haven't scrutinized the dimensions of the lot to see if it's still the same.
Or maybe things aren't complete, and they're just moving along to get the permit so work can begin. We know the JDS tower doesn't reflect what we think it will ultimately, as is the case with other initial filings.