Media Retarded Development
posted by on October 29 at 16:28 PM
From the Seattle Daily Journal of Commerce (password protected, unfortunately):
Two new South Lake Union projects help poor, homeless…Hobson said it has been “real interesting” to watch the evolution of South Lake Union. As market-rate developers continue to build, he said they’ve gotten more “savvy” in understanding that projects serving the mentally ill don’t retard development. He points to the 199-unit Amli 535, formerly the Alexan Cascade that Trammell Crow Residential developed and Morgan Stanley purchased in March for a record price per unit in Seattle.
Thanks to Slog tipper Paul.
"slow development" would have been objectionable, too.
"Differently-abled development?"
Purchased for a record price per unit?
Um.
Are you sure it's such a keen idea?
Oh, and hey, don't say bad things about them, one of them is our President.
that is fawking hilarious
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