At that time, it was reported that the grocery store wasn’t to be completed until late 2010. Perhaps he’s biding his time.
]]>If he had built the commercial stuff first, he would have had the cash flow from rents to build the office building — which would’ve then given him even more cash flow from the office rents once it was complete.
My prediction is the development will either languish for years or the land will be sold off and what’s there now will be demolished. You will never see a supermarket on that site.
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