Submitted by Ph886 t3_11nzf2m in providence
Jfrenchy t1_jbq2tgf wrote
This whole proposal has been baffling on a level I didn’t think was possible
TheSausageFattener t1_jbqkuag wrote
Investors probably agreed. From the article:
“Fane did not elaborate on specifics about the risk factors, and a spokesperson declined to comment further. But he previously said the old design was no longer feasible because of the increased cost to build the tower, prompting him to propose the new design in December.”
Somebody probably didn’t get financing.
lightningbolt1987 t1_jbr1yg1 wrote
I don’t understand how he EVER could have gotten financing, even a few years ago.
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