Discuss Detroit » Archives - January 2008 » Update for RenShore condos? « Previous Next »
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Jrich2425
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Username: Jrich2425

Post Number: 12
Registered: 03-2007
Posted on Friday, December 28, 2007 - 4:57 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

I expected to at least have a rendering by now. I haven't heard anything about the project in months. Does anyone know what the hold-up is?
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Hudkina
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Username: Hudkina

Post Number: 86
Registered: 12-2004
Posted on Saturday, December 29, 2007 - 1:40 am:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

My guess...

New home sales are currently at their lowest point in over a decade...
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Renfirst
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Username: Renfirst

Post Number: 151
Registered: 12-2006
Posted on Saturday, December 29, 2007 - 3:26 am:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

I wouldn't be surprised if the project has been shelved. It's pretty difficult to get financing these days for such developments...

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