Monday, March 15, 2021

Now? Or Forever?

The pandemic has touched nearly every aspect of every one's lives. None have been more greatly impacted and none are more important that our community of developers, particularly the developer of the property at 84 Perimeter Center East. From the developer's statements in justifying this entirely unnecessary and unwanted development of even-more-apartments we learn that the pandemic has drastically and permanently altered the hospitality industry making the previously planned hotel unprofitable. And if developers are about anything it is profits with the city more than happy to help out with a $7M boost to their bottom line. But not to worry, a vast majority of that money is robbed from your children's education. No harm, no foul, right?

What's really interesting is how very quickly they pivoted from hotel to apartment. It's as if that was what they had planned all along.