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By Nord Blanc (anonymous) | Posted June 28, 2011 at 15:59:08
"Private realty company investing $40 Mill of capital in the project"
I read that as being the HRCC – a PPP between Forum Equity and the City – investing the $40m, and my takeaway was that the $40m was being distributed in "downtown redevelopment", not just this site.
Still, three blocks from the General and the $100 million David Braley Cardiac Vascular and Stroke Research Institute, so the location makes sense beyond the bonny bones of the place. Have to be some well-heeled specialists looking for a convenient crash pad, no?
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