Letter To The Editor: Council Should Consider Extending Due

Letter To The Editor: Council Should Consider Extending Due Diligence Period On CB Fox And Reel Deal Buildings


Letter To The Editor: Council Should Consider Extending Due Diligence Period On CB Fox And Reel Deal Buildings
CB Fox
I was surprised and disappointed by a recent study estimating the cost of replacing the CB Fox building.   Building costs seem high, but I have no experience with a multistory commercial building. However, resulting costs for someone to own a part of it seem REALLY high. 
Maybe think about a different approach? Perhaps LAC could remodel the building into business condos: primarily shopfronts and offices. Since the building is more than 10 years old, it may not run afoul of current difficulties with newly built condominium buildings.

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