What is clear is that the development has been delayed (The Enquirer uses the word 'halted') until at least next year - see the first article here.
A follow-up article, a day later, appeared to be a response from the developer as he indicated it was just postponed. The developer seems to indicate that it will be re-started in the spring but has been postponed. While these types of delays are generally ominous, the developer makes a point about the investment that has already been made (almost $1 million to date) and the market potential given the great views of downtown.
Some of the big questions that remain include:
- Will the developer do enough to prevent erosion and keep the lot that has been cleared from becoming over-grown and unsightly?
- Will the city complete the sidewalk in front of the development or will that section remain unfinished until the development is re-started?
- Did the city do enough to qualify the developer if the project was as big as it apparently is?