maestro
Senior Member
site looks so small in the photos. Are they continuing on the red brick warehouse?
And usually faster too! :->
site looks so small in the photos. Are they continuing on the red brick warehouse?
Yep, they are starting the shoring/boring.Wait a minute - is this beginning construction already??
Daniels has the money to build condos even before they are sold. No need to sell 70% before they get construction financing. And they are moving their offices here so no need to wait on the office component.
I know that the office/arts part of the new building(s) are going ahead right now on the south part of the site and that the office building on the north side is scheduled for demolition in the fall BUT I had not heard they were going ahead with actually building the condos. If so, it's great news.Daniels has the money to build condos even before they are sold. No need to sell 70% before they get construction financing. And they are moving their offices here so no need to wait on the office component.
This should be how condos are built IMO.
I've been corrected. On this one Daniels will be doing pre-sales and construction will not start right away on the condos.
So why is Daniel's portfolio full of what you've so eloquently called elsewhere, 'duds'?
Let it go.