Construction is on hold. Don't hold your breath. Calatrava and other contractors have filed liens on the property, the developer can't get a loan, and only 33% of the units were sold after a very aggressive 5-continent sales pitch. A dicey proposition even in the overheated housing market of two years ago, the timing for this can now be seen as absolutely disastrous, and I bet Kelleher rues the day he bought into this scheme.
Construction is on hold. Don't hold your breath. Calatrava and other contractors have filed liens on the property, the developer can't get a loan, and only 33% of the units were sold after a very aggressive 5-continent sales pitch. A dicey proposition even in the overheated housing market of two years ago, the timing for this can now be seen as absolutely disastrous, and I bet Kelleher rues the day he bought into this scheme.
DFDalton1962 3 years ago