Alia Tower - 200 Central - 483' / 40 Stories

Northeast, Near North, Camden, Old St. Anthony, University and surrounding neighborhoods
Qhaberl
Foshay Tower
Posts: 801
Joined: February 25th, 2016, 9:51 am

Re: Alia Tower - 200 Central - 483' / 40 Stories

Postby Qhaberl » September 10th, 2019, 1:14 pm

If it is dead, that’s really disappointing. I know how hard they fought the neighborhood Association. I don’t know anything about market analysis, or market trends, or even the state of our housing market, but maybe things are starting to slow down. Maybe this can be built in the next cycle.


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Anondson
Capella Tower
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Joined: July 21st, 2013, 8:57 pm
Location: Where West Minneapolis Once Was

Re: Alia Tower - 200 Central - 483' / 40 Stories

Postby Anondson » September 10th, 2019, 1:35 pm

Getting financing seems to be at the fluctuations of global influences irrespective of local demand.

Qhaberl
Foshay Tower
Posts: 801
Joined: February 25th, 2016, 9:51 am

Re: Alia Tower - 200 Central - 483' / 40 Stories

Postby Qhaberl » September 10th, 2019, 1:55 pm

They had a financing partner, why exactly did they pull out? Do we know why?


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nmin
Block E
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Joined: May 23rd, 2017, 12:35 pm

Re: Alia Tower - 200 Central - 483' / 40 Stories

Postby nmin » September 10th, 2019, 7:18 pm

Qhaberl wrote:
September 10th, 2019, 1:14 pm
If it is dead, that’s really disappointing. I know how hard they fought the neighborhood Association. I don’t know anything about market analysis, or market trends, or even the state of our housing market, but maybe things are starting to slow down. Maybe this can be built in the next cycle.


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I think it's important to remember that Marcy Holmes was supportive of this (though not without some controversy). Many of us who live nearby wanted this project to move forward. It was a subgroup of people with money to burn on lawsuits that slowed this project down, not the official neighborhood.


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