JDawgboy, on May 10 2007, 01:07 AM, said:
Great news that another project is starting.
But, it is yet another apartment tower that doesn't have to rely on presales. This will make four (Legacy, Monarch, Altavida, and AMLI) while there are only two condo towers under construction (360 and Shore). Also the two condo towers that have broken ground are being built by large national developers with many projects of this type under their belt (Novare Group & High Street Residential/Trammell Crow). I know that these are very complex projects and almost none make their initial start date, but some of the projects have been dragging along for quite some time. It will be interesting to watch which ones make it out of the ground or become just a memory. I would expect that the picture should be much more in focus in the next 6 months or so.

















