  Masterblaster Member Username: Masterblaster Post Number: 119 Registered: 03-2005 |
I apologize for posting so much in the past 12 hours!••• Anyway, I was listening to the Frank Beckman show on WJR this morning to hear his reaction to the mayor's speech. The first caller on his show stated that the mayor's misconduct was discouraging developers from investing in downtown like the $35 million project for the David Stott building that he was working on!! Has anyone heard of this proposed project or investment group???? | ||
Livernoisyard Member Username: Livernoisyard Post Number: 4996 Registered: 10-2004 |
Damn! I couldn't get into Beckmann's show today, as I was going to plant some of my own BS about an even better project. Dem's the breaks. Really. I heard that same guy too, and somehow he didn't seem that believable. And his voice seemed so mousy to be involved with a multi-million dollar project. Sort of reminds me of a person who sprinkles a tiny bit of gold dust on his property in order to sucker somebody into buying it. | ||
Rb336 Member Username: Rb336 Post Number: 4884 Registered: 02-2007 |
I believe John Marusich might be an architect involved with a loft conversion? I think he might actually have offices in the building | ||
Asbury Member Username: Asbury Post Number: 27 Registered: 10-2007 |
I believe the mayor's events are going to discourage developement. I have a friend who's works for a developement company in the NYC area. They have been doing research on this area for the past 6 months. They were going to make a move but now waiting. Without a stable and focused administration they won't come in. | ||
Rb336 Member Username: Rb336 Post Number: 4888 Registered: 02-2007 |
I agree. time for the mayor to put his ego aside and do what is right for the city | ||
Rjk Member Username: Rjk Post Number: 1029 Registered: 11-2003 |
"I heard that same guy too, and somehow he didn't seem that believable." I had the same reaction. | ||
Andylinn Member Username: Andylinn Post Number: 708 Registered: 04-2006 |
this won't seriously affect the city... aside from costing 9million. The second it is stable, from an OUTSIDERS perspective, it will be the same as before... insiders on the other hand may still hate him... | ||
Livernoisyard Member Username: Livernoisyard Post Number: 5000 Registered: 10-2004 |
Investors can only hang onto losing positions for only so long before their leveraged debt forces them to sell. The Northern Group that is pushing the new downtown project has a curious Web site--listing their Penobcscot building along with the Cadillac Tower. We already know that they are trying to unload the Penobscot. Will they be trying to flip their recent Detroit purchases? | ||
Mackinaw Member Username: Mackinaw Post Number: 4386 Registered: 02-2005 |
Interesting take, ALinn. I see the strongest animosity in the places where it is normally housed-- the metro suburbs. Anybody who truly believes enough in the city to invest money is not going to be deterred by the mayor's sexual relations. If he actually gets convicted of something, that changes everything, but at this point, I don't think there's been sufficient upheaval to change things. Think about it, will people who want to move to Detroit put off their plans? Will people who go to the casinos, restaurants, and theatres downtown stop going? The investment and entrepreneurship funds follow these people, not the mayor. And I get the sense that most Detroiters care more about whether their snow gets plowed tomorrow than what the mayor is up to. Re: the Stott, I think Rb336 got the name. I believe the company is Archicivitas (formerly Diehl/Diehl). They are good stewards of the city and surely looking in earnest for an investor. | ||
Rsa Member Username: Rsa Post Number: 1382 Registered: 10-2003 |
archicivitas is no longer. the firm that succeeded it is called marusitch(sp) architecture and design. | ||
Sstashmoo Member Username: Sstashmoo Post Number: 1001 Registered: 02-2007 |
Quote: "Anybody who truly believes enough in the city to invest money is not going to be deterred by the mayor's sexual relations." But, they will be deterred by a city administration that believes in high taxes, unreliable city services and huge private parties. I wouldn't tow a hot dog cart through Detroit until they fix that mess. His apology was wasted air time. People don't care about his affairs. They care about how their tax dollars are being spent. | ||
Thegryphon Member Username: Thegryphon Post Number: 31 Registered: 11-2007 |
Are you all serious? How can the city expect to make any deals with developers when everything that comes out of the mayor's mouth could be a lie? Not to mention what Sstashmoo said. I could care less about the affair, but he lied about it and tried to cover it up. The Freep article said about how many house demolitions that 9 mil could have covered, or how many more police officers it could have put on the streets. With a city ridden with crime, I guess it is only logical that the highest official in the city proper is a crook too. Needless to say, he has to resign if he truly cares about Detroit & her progress. | ||
Peter Member Username: Peter Post Number: 126 Registered: 02-2007 |
Well put Thegryphon. | ||
Charlottepaul Member Username: Charlottepaul Post Number: 2287 Registered: 10-2006 |
"With a city ridden with crime, I guess it is only logical that the highest official in the city proper is a crook too." A crook is a crook and a liar is a liar--he probably won't do the 15 years for purgery. | ||
Lefty2 Member Username: Lefty2 Post Number: 1059 Registered: 07-2007 |
I would lean towards believing that it was the developers couldn't get financing with the market in the pits. With the average unit at about $325K, it would be tough to get 80 people to commit now. Maybe working with planning and the rest of the departments may have cause them to pull their hair out. But most developers are greedy and money is money. |
