Feb
08

Columbia Construction Grinds To A Halt as Financing Tough To Find

By
– The State

Downtown Columbia’s building boom is about to flat-line.

After a decade of unprecedented growth, the loan crunch has left developers with few financing options and fewer projects set to come out of the ground.

Some major developments started before the economy cratered — including the 18-story Main & Gervais tower, across Gervais Street from the State House — are under construction. But when those projects are completed later this year, there will be precious few developments following behind them.

ARTICLE SHORTENED DUE TO LENGTH….


LINK TO ARTICLE HERE:

http://www.thestate.com/local/story/678031.html
Be Sociable, Share!
    Categories : Columbia

    Comments are closed.