Book-Cadillac finance plan moves forward

[Allan]

According to the paper today, the financing plan for the Book-Cadillac is just about finished & will be completed soon.

http://www.detnews.com/2005/business/0507/26/C02-259224.htm

We've heard this before, so hopefully it will actually happen this time. Remember all the times Kwame said it would just be two more weeks?

[wolverine]

Man, would I love to see work resume this summer.

[statedude3]

Any idea on who's involved? I've heard so many names flying around during the whole BC saga, I have no idea who the developer is anymore.

[Allan]

The developer is Ferchill Group. I'm not sure what the hotel will be anymore. The last thing I remember hearing was that is was going to be a Westin, but that was several months ago.

[Zissou]

I hope this time its the real deal. I think once this is finished downtown is going to explode with activity. Even more so than now.

[ZachariahDaMan]

Hopefully it can be redeveloped. I would love to see that happen. Anyone got any pics of the Book-Cadillac?

[wolverine]

Very recent photos

[rbdetsport]

If this happens, Washington BLVD and the financial district will in my opinion have a huge boom.

[ZachariahDaMan]

I take it the Book-Cadillac is watched by cops and people a lot more then other abandoned places like MCS because it doesn't look like it's been that trashed.

[Detroit_Luveur]

What is this thing scaling up and down the building:

[atperry]

If this happens, Washington BLVD and the financial district will in my opinion have a huge boom.

<{POST_SNAPBACK}>

If this and the Lafayette get done. The financial district will be a whole lot more walkable. Those two buildings right now seem to suck the life out of everything in the area. With the Statler coming down, that would leave Capitol Park and Park Ave. as the only real bastions of blight left downtown.

[wolverine]

What is this thing scaling up and down the building:

<{POST_SNAPBACK}>

A construction elevator. There were also towers attached to the other side of the building for a movable scaffold, but it was taken down because of safety reasons.

[RustTown]

Can someone tell me what used to be on the barewall that seems to wrap around the tower near the bottom. Was it a decorative cornice-like structure?

[wolverine]

A very big entablature. I believe there were windows incorporated into the frieze.

[RustTown]

Believe it or not, I'm not architecturally literate besides the few commons terms most urban enthusiast know. I do not know what an entablature is, nor do I know what a frieze is.

[wolverine]

[dnast]

Thanks wolverine. I can count the number of terms on that diagram that I already knew on one hand...

[Zissou]

Im an architecture student and i dont even know half that crap. What year did they teach that to you Wolverine?