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Old March 15th, 2008, 03:55 AM   #581
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No NYC on that list?sounds kinda crazy.
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Old March 15th, 2008, 07:19 AM   #582
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Has this thing even started construction yet??WHAT ARE WE WAITING FOR?
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Old March 15th, 2008, 06:48 PM   #583
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Quote:
Originally Posted by novaguy View Post
No NYC on that list?sounds kinda crazy.
They're fourth on the general business traveler list and not in the top 25 on the convention / seminar list. Evidently, New York has never entered the convention business in a big way. Don't know why. They just haven't.
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Old April 8th, 2008, 04:53 AM   #584
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Quote:
Originally Posted by Plasticman View Post
Actually they've changed the top. I like it even better. Here's the latest rendering:

LOL!!!! "The Starbucks model"

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Old April 12th, 2008, 04:35 AM   #585
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Quote:
Originally Posted by novaguy View Post
No NYC on that list?sounds kinda crazy.
Quote:
Originally Posted by Hankster View Post
They're fourth on the general business traveler list and not in the top 25 on the convention / seminar list. Evidently, New York has never entered the convention business in a big way. Don't know why. They just haven't.
Yes they are.
Look a little closer, New York is number 19 on the first list.
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Old April 12th, 2008, 09:07 AM   #586
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so is this going to get built
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Old April 22nd, 2008, 05:05 AM   #587
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Happy 2 year anniversary of this thread.
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Old April 22nd, 2008, 05:41 AM   #588
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In 9 days, we will celebrate it
Man, i wish something, anything would happen with this project
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Old April 22nd, 2008, 05:55 AM   #589
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I've been waiting for this thing to start for almost a year now, and I'm just gonna go ahead and say I really don't think it's going to happen. Maybe sometime in the next 10 years the market will change, but from what I've observed about Nashville real estate... there's just no need for this tower. As much as I would love to see this thing go up, I've lost my optimism. There's another residential project down the street from me, a couple ~20 story towers, that has literally just been a hole in the ground since summer. Another very promising looking project that seems to be going nowhere. If this city doesn't need a couple nice 20 story condo towers, it doesn't need a 70 story one. Hopefully one day, but not right now. Personally I think this thread should be closed until some new information comes out, it's confusing for people to think this tower is going up when it might not be. I hope I am wrong and we hear something soon...
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Old April 24th, 2008, 12:18 AM   #590
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Quote:
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so is this going to get built
it's probably gonna' get scaled back significantly.
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Old April 25th, 2008, 08:51 PM   #591
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As stated several times in this thread, it can't get scaled back unless an allowance for that was in the contracts. He has 105 units actually sold and many of those are on the upper floors including the top floor. He cannot change the design of the tower as far as height or anything significant without voiding the existing contracts. In other words a top floor penthouse 600 feet in the air is not nearly as valuable as a top floor penthouse 850 feet in the air. If he scales it back some of the units he has sold not only would be worth less but would no longer exist. The only way to do that is to scrap his contracts and start over.

On another note here is a late TV news story. The project is far from dead but is certainly being delayed.

http://www.wztv.com/newsroom/top_stories/vid_1572.shtml
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Old April 26th, 2008, 04:56 AM   #592
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Thanks for the link. According to the video, it WILL get built. The problem is they dont have enough contracts YET.
Patience...
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Old April 29th, 2008, 09:47 PM   #593
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Quote:
Originally Posted by jlh630 View Post
I've been waiting for this thing to start for almost a year now, and I'm just gonna go ahead and say I really don't think it's going to happen. Maybe sometime in the next 10 years the market will change, but from what I've observed about Nashville real estate... there's just no need for this tower. As much as I would love to see this thing go up, I've lost my optimism. There's another residential project down the street from me, a couple ~20 story towers, that has literally just been a hole in the ground since summer. Another very promising looking project that seems to be going nowhere. If this city doesn't need a couple nice 20 story condo towers, it doesn't need a 70 story one. Hopefully one day, but not right now. Personally I think this thread should be closed until some new information comes out, it's confusing for people to think this tower is going up when it might not be. I hope I am wrong and we hear something soon...
The "hole in the ground" is because of significant financing problems. I saw the towers advertised in the tennessean in late april. Once the building that is going on now finishes up it will be two years before Signature and Summit begin.
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Old May 20th, 2008, 11:56 PM   #594
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Wow! Signature Tower isn't dead but is being redesigned....with the same height but 25 floors of condos being converted to either hotel or office space. Gotta give Mr. Giarratanna credit, he is determined to build this thing at the height he wants. Here is the link to the Tennessean story...

http://tennessean.com/apps/pbcs.dll/...NTPAGECAROUSEL
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Old May 21st, 2008, 06:49 AM   #595
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Quote:
Originally Posted by Plasticman View Post
Wow! Signature Tower isn't dead but is being redesigned....with the same height but 25 floors of condos being converted to either hotel or office space. Gotta give Mr. Giarratanna credit, he is determined to build this thing at the height he wants. Here is the link to the Tennessean story...

http://tennessean.com/apps/pbcs.dll/...NTPAGECAROUSEL
This is great news Plasticman.
I was really getting depressed seeing the chances of this project getting done receding. I admire Giarratana for his stick-to-it-ness.
If the pricing is right, I will definitely consider putting my money where my mouth is on a unit there.
Thanks.
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Old May 21st, 2008, 10:33 PM   #596
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I still believe if he had proposed this five years ago and marketed it correctly he would have an iconic building standing tall today.

He waited too long to realize that but with his determination he may have stumbled but hasn't fumbled...yet.
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Old May 22nd, 2008, 04:27 AM   #597
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I still believe if he had proposed this five years ago and marketed it correctly he would have an iconic building standing tall today.

He waited too long to realize that but with his determination he may have stumbled but hasn't fumbled...yet.
Agree.
I did notice the Siggy website has no changes, and still showing the same layout of units.
I hope that Tony G. can find a nice juicy corporate tennant for the lower floors and announce the revamp soon!
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Old May 22nd, 2008, 11:03 PM   #598
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Agree.
I did notice the Siggy website has no changes, and still showing the same layout of units.
I hope that Tony G. can find a nice juicy corporate tennant for the lower floors and announce the revamp soon!
Based on what I'm reading he will have to redesign the shape of the office portion to accomodate better use of space. Sharp angles and odd shapes aren't appealing to offices for whatever reason.

But no matter what the man is sticking to the 1,000+ foot height. He's got guts.
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Old May 23rd, 2008, 03:06 AM   #599
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Beautiful. Muito lindo!
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Old May 24th, 2008, 01:59 AM   #600
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Now comes the news that Giarratana already has an office tenant expressing interest in leasing space equivalent to 150 condos in the tower. That would be a minimum of 15 floors and a minimum of 60% of the office component. The new design will have no more than 200 condos and he already has contracts for 105 or a minimum of 52.5%. The hotel component is lined up. It's starting to look like he has a real shot to get financing and pull this thing off.
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