Wednesday, December 21, 2005

Donald, You're Fired!

In a surprise move today, Donald Trump completely pulled the plug on a high-rise project he was planning for the Camelback Corridor in Phoenix.

The proposed project would have exceeded height limits already set for the area; the Phoenix City Council waived those restrictions so the project could go through as planned. Well the residents in the area didn't like the idea of Trump's new high-rises blocking their view of the nearby mountains, so they collected 19,000 signatures to force the issue on the ballot. The city council then, today, reversed their decision to allow waive the height limit and let the voters decide. And that's when Donald threw in the towel. [source article]

Honestly, I don't understand commercial developers. They say our area is a hotbed for commercial development. Then why are there so many vacant storefronts? But that's another issue.

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