Friday, February 03, 2006

 

The Banks Mall

Just because the developer of the Mall of America is interested in developing the Banks, doesn't mean that we'll end up with Tri-County Mall on the river. It's actually a really good sign. As the County opens up the Request for Proposal phase, it's good news that a major developer with experience is interested. Granted, what Verdi Construction really wants is to bypass the RFP process and be named preferred developer (ala Corporex), but hopefully they'll submit a proposal and be considered along with other developers. The last thing we need is a repeat of Corporex and another 6 months down the drain.

Hopefully something will get done, and we'll have garage construction started by the end of 2006.

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