fattony
Senior Member
- Joined
- Jan 28, 2013
- Messages
- 2,099
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I'm going to run a little contrary to the hive-mind on this one, but I think this is not the worst loss. Of course the tower is beautiful and the placement in the skyline aesthetically pleasing. From that perspective we are missing out. We are losing the residential units too, fair enough, but there are many more in the pipeline all around the area.
However, this is an air-rights parcel that is already developed and is still actively being further improved at the ground level. This isn't Columbus Center all over again. It wasn't healing scars or stitching together neighborhoods. We are getting the most important part of the project which is the outward facing storefronts. I'll be the optimist and call this a partial win. They aren't canning the whole project.
Also, to the other optimists in the room who think these air-rights are too valuable to not become a tower, think about it again. The reason it is getting dumped in precisely because the value isn't there. I predict we won't see another proposal at this site for decades.
However, this is an air-rights parcel that is already developed and is still actively being further improved at the ground level. This isn't Columbus Center all over again. It wasn't healing scars or stitching together neighborhoods. We are getting the most important part of the project which is the outward facing storefronts. I'll be the optimist and call this a partial win. They aren't canning the whole project.
Also, to the other optimists in the room who think these air-rights are too valuable to not become a tower, think about it again. The reason it is getting dumped in precisely because the value isn't there. I predict we won't see another proposal at this site for decades.