The Courier previously reported the TWG project faced financial headwinds stemming from rising interest rates, labor costs and materials. A new state law also bars projects with low-income housing tax credits from also receiving state historic tax credits. TWG’s plan included income-restricted housing.

So just because a project has low income housing credits (ostensibly a good thing right?) they can't also get historical credits? What sense does that make? Who cares who is living there? We need housing and this kind of segmentation seems like it's harming the situation more than anything.

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[–] Th3D3k0y 2 points 11 months ago (1 children)

As cool as it would be to see a mixed-use high density facility like Factory52, and The Summit, and Liberty Center I fear we are almost getting back to our mall phase where we just have so many of them that they start cannibalizing each other and all of them fail.

[–] curve 2 points 11 months ago

I assume this will just be more of a ground floor retail and apartments on top. With that many possible units, garage space, and the fact there isn't much "retail" around there, I think it would be fine. It seems to be hemmed in by other buildings anyhow.