vicupstate, on 12 January 2012 - 06:39 AM, said:
I question the demand for 3,500 homes in that area. Governor's Hill was slow to fill up and I think still isn't completely full. Canalside has been slow too, albeit it was impacted by the recession. Which schools will serve this area? That has a big henderence with convincing people to buy in Elmwood Park when I lived there many years ago.
It's a 20-year plan and cities are just beginning to be the place to be again in the big scheme of things. No one is going to build mansions and luxurious penthouses anymore. Prices will be determined by the market.













