SHE WON'T GO!
A new design, a new sign and now a new promise of imminent financing!
WEKU reports 8 construction firms are about to bid on the Webb’s CentrePointe project, according to Dudley, who also had this to say:
“Well I think the deal is more financeable than it’s ever been..the contractors are obviously gonna give us the prices and they’ll go into the final mortgage package that the lenders will review…and they’ll issue a commitment based on those prices,” said Webb.
Webb says the current economic situation is improved and believes ‘financing is imminent.’
Maybe this time, maybe this time, maybe this time…
THE DAILY YONDER
Not surprising. THe Stock Market is on a massive uptick from continued free money given away by the Federal Reserve. The extra money sloshing around was bound to hit CentrePointe sooner or later. The big question, though, will be what happens when the Dow and all the others have their bubbles popped again, which surely can’t be more than a year or so away. Better sign up now…
(Oh yeah…stupid Lexingtonians: development is not happening because downtown is starting to “hop.” It’s because rich people in far off places are looking for places other than their banks and pillows to sink all their filthy money into.)
Like or Dislike:
0 
1
And hopefully before they die?
Like or Dislike:
2 
0
good one!
I think he will get the financing this year. Most likely on December 21. 2012.
Like or Dislike:
3 
0
WIN
Like or Dislike:
0 
0
The timing is interesting, no?
Right after the 21c announcement makes Webb look foolish he trots out this piece of news. He’s rushing to construction bidding to create the appearance of progress. Maybe I’m wrong, but maybe I’m not. The bids don’t force him into any action, he just asks companies for an estimate and another four years pass.
Thinking out loud.
Like or Dislike:
3 
0
Or not, as the case may be.
Like or Dislike:
0 
1