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Old May 2nd, 2014, 10:02 PM   #61
shotsy
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Quote:
Originally Posted by DawgFan View Post
Wasn't 2nd and Pike supposed to start this year too? Maybe UV should focus on getting that project off the ground first before they start working on other proposals.
This project has been in the works for years.
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Old May 2nd, 2014, 10:34 PM   #62
horatio_the_hermit
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While I completely understand ragging on UV for talking large and accomplishing little, it looks like this one actually has a bit of momentum and can potentially get done. They are legitimately going out to the market for an equity partner (not sure what that blurb from Smith about not seeking a partner is all about). Not to say that's necessarily the mark of a project ready to break ground, but its significantly farther than they've gotten on any of their other projects. Furthermore, if they can keep their land basis down (cheaper neighborhood) and hard/soft costs down (mid rise, simple design), the thing might pencil.
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Last edited by horatio_the_hermit; May 2nd, 2014 at 10:44 PM.
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Old May 5th, 2014, 07:18 PM   #63
DawgFan
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Quote:
Originally Posted by shotsy View Post
This project has been in the works for years.
Yes I know, what I meant was that instead of trying to get multiple projects off the ground at the same time they should focus on just one. Both this project and 2nd & Pike have been on the drawing boards for over a decade and still not a single shovel has been placed into the ground.
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