Read between the lines....
Phoenix Investors, a potential buyer of the former Northridge mall, is no longer interested in developing the site.
A city official confirmed Friday that the deal was off due to concerns about Phoenix plans to use the dilapidated property for 1 million square feet of industrial storage, and other issues.
"A demand was made of city government that included reversing a court-ordered razing, forgiving hundreds of thousands of dollars in fines and forfeitures, and changing the zoning to accommodate indoor warehouse storage," city spokesman Jeff Fleming said in a statement. "We were not comfortable with those demands."
"The city’s priorities for the property are safety and, ultimately, productive use of the property that benefits the neighbors, the northwest side, and the entire city," Fleming said....
"Productive use" = 'We want playpens for the chilluns and grocery stores and maybe some low-cost apartments. Also rainbows and unicorns! There is no way in Hell we will let a developer make money on this.'
The other crapola from Fleming is just that. The City can go collect 'hundreds of thousands in fines and forfeitures' from the Chinamen--in China--who own that dump. And the City can provide "safety" services--that Chinaman won't. Lipski the Lefty fire-chief--well--we hope no more of his men get maimed or killed fighting fires in Mayor Cavalier's Baby.
Phoenix gets the last word:
....“We only got involved because we believed this was a problem and project we were technically and financially able to solve for the city,” Crivello told the Business Journal. “We didn’t do it because we needed another project.”...
They do not intend to 'waste any more time and energy' on the project.
Good luck finding anyone who WILL waste time, energy, and a helluvalot of money, Mayor Cavalier Corvair (unsafe at any speed.)
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