Despite their decision, downtown still remains the dominant legal center of the region. |
The empties have the resources. They want to own and they want convenience as the downtown redevelops. We had nothing condo until Grant Telegraph. It was very high-end, and it sold out, proving the market for that segment of empty nesters. |
There are two big market segments driving downtown residential: the young professionals and the empty nesters. We've had a very low number of empty nesters. |
This has been a building that's been vacant for a long time so getting a more active user in there is going to be important to our development efforts. |