Like OMG, like there are like so many rumors that have me LOLROFLMAO! Right now I am hearing (from two different people) how construction bidding for the iStar Superblock will begin shortly. Another rumor is how iStar cannot get proper funding and are trying to find outside investors. I also heard that groundbreaking is this spring. Let’s keep all those in the rumor category for now. Being that the superblock has become the boy who cried wolf of Long Beach, there’s a lot of anxiety as to how it will play out. “Will not shave or take a haircut until The Superblock moves forward” is what a resident told me. That would make a great ongoing blog segment if they actually did that….
UPDATE: A comment on Facebook:
“At the Nov 4 City Council Meeting I asked if and when iStar would be breaking ground. The council will not respond during Good and Welfare but I met with Corporation Counsel after (Corey’s sub.) He said that iStar had run into some problems with their financial backers “as is often the case in construction projects” but that the city would be meeting with iStar the following week (nov 10-14, not sure which day) and some questions could be answered after that meeting. This is exactly why I wish they would answer questions out loud! I am not the only one who wants to know.
UPDATE from get iStar-ted already…
Another UPDATE from Project 11561:
“Well … ask you you shall receive. Here’s an update.
iStar Long Beach appealed to the Zoning Board of Appeals LAST NIGHT for a time extension of their variance.
Did you not know about it? We didn’t either! Know why? It wasn’t listed on the agendas – and when we just checked the published decisions from last night, it is not listed there either.