It's cute as a button, but stubbornly undevelopable. Lisa Goodman calls
it a "pit" and the Strib's Linda Mack says its interior has melted.
However, Goodman also says restoring the still-intact concrete tower is
the perfect project for tax-increment financing. The council may well
approve the deal next Friday.

Check out Linda Mack's Saturday story at:
http://www.startribune.com/stories/462/883563.html

Also, we at Skyway did a piece on the deal this week, which also
mentioned a rival development plan that does not require city money -
and may not be real:

http://www.skywaynews.net/skywaynews/myarticles.asp?P=511822&S=456&PubID
=7850&EC=0

(The link will certainly break, so go to http://www.skywaynews.net and
click on Comings & Goings.)

David Brauer
List manager


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