The Journal Gazette had a story this morning about the high demand for the new condominiums going in the old Anthond Wayne Bank building. I was intrigued by the quote from Mark Ulmschneider, identified as a downtown worker and prospective condo buyer:
“The location is just indescribable,” he said. “You almost feel like you're not in Fort Wayne.”
Those units range in cost from $130,000 to $350,000. If I had that much to spend and my goal was to live somewhere where it didn't feel like being in Fort Wayne, I think I'd probably just leave town, you know?
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FWIW, sold and closed are two entirely different things, the latter meaning all the money has changed hands, the former often used as an optimistic euphemism for a commitment.
Another fine example of wasted taxpayers money. TIF, Abatement and Federal Loan gaurentees. If private investors cannot justify investing in this enterprise, why on earth should taxpayers who are represented by people who have no expertise in evaluating investments.