elguapo731

Face meet palm.... ugggg.. Fail AP, Fail.... so sad.

I still won't believe this till I see it. We have been burned too many times. Glad to at least see some news. I passed the site the other day and was thinking someone needed to start the fight to get that hole drained and filled.

Just a little FYI.... TG and the gang were checking to see what they have under the blacktop. There was core drilling on site yesterday morning. Drilling was taking place on his surface lot at the corner of 2nd and Demonbreaun around 8:45 a.m. (Thursday) I am not sure if they were finishing up so the lot could be used for the day, or if they were just getting started. .

Sorry, "Architect"...... typing to fast and didn't check my spelling.

The Architech has been named. Thompson, Ventulett, Stainback and Associates out of Atlanta The City Paper has a quick blurb Link here Here is the company website

I guess one good thing for TG is that his market is a differnt crowd than standard Condo developments. While the economy is slowing down and the average person is tightening up their spending, Tony's market still has the disposable income to purchase if they want. This doesn't mean they will, because even those individuals will be holding onto a little more because it's human nature to play it safe in tough times. Persaonlly I'd rather dump a large sum of money into the market when it's low rather than into a condo, but I don't have that kind of money to toss around. I expect Tony to hold out till the market starts to swing up again. He's already done all the leg work, spent the money on design, engineering, metro approval, and all the other requirements for a project, and he owns the property so he can afford to wait if he wants. I don't think Tony will give up on the project, but it may get put on hold if his push doesn't work.

took some quick photos of the Icon, Terrozo, and the Velocity...... on the Velocity subject, work is progressing. Currently there was a cement truck on site, a hole of some sort dug and rebar already erected in the hole. Not sure what it all is, but work has defenitly begun. No pics of these two but here's the latest. Enocre is finishing the west side of the parking garage with a combination of windows and funky fins. The fins have been in place for a few weeks, while windows have been going up this week. Rolling Hill.... There is a red crane on site already up much like the one at the 5th and Main site. If I uploaded the pics correctly they should be somewhere below this I guess....

He would have to begin digging by March since that is what is stated for the latest possible setback in the contracts that have been signed by buyers.

Some quick questions.... 1. Was it a 60% sold cap that Tony self imposed on the project before he'd commit to building (based on financial benchmarks his team crunched for financing)? If so, being around 55% means he's almost there since it's my understanding that these units have been converted from reservations to sold - this is an assumption based on the the Tony podcast and from the information the receptionist gave me about the March 08 Delay clause in the contracts of those who purchased. 2. Tony dosn't need a GC before starting excavation correct? I figure this may not the the conventional way of doing things, but AP seems to have had some success with this approach. By the way has anyone heard who is AP's GC or who is financing the WES, or is he P.O.ed at the media and we'll find out when somone puts a sign up on the fence? But Tony probably shouldn't be following in AP's footsteps on a project this large.... 3. Will Tony really have trouble finding 5 mil for excavation? Personally I don't think so, in the scheme of things, 5 mil is a decent chunk of change but small enough in the grand scale and ealily managable for local banks. Now the bank would never loan me 5 mil, but Tony G... I think he has a good shot.... 4. What is the cost comparison between the WES and Siggy?

Agreed, it would be nice to know what is taken care of, but for the most part, Development Junkies like us would be the only ones who really care about these issues. The average buyer just wants to know when it will be done and when they can move in. WES is flying along and we don't know a singel one of those points mentioned above. The Velocity is about to start construction and I never came acorss the financer or hard sales numbers till they broke ground. I think Tony prob has more done than we realize, but that is just soley what I think. The public who dosn't follow development or who isn't purchasing could give a rats butt about who his GC or Financer are, perhaps those who have purchased have been privilaged to some of that information. Wish we had more, but sometimes it is what it is.... Last dates for ground breaking were Late Dec, or Early Jan. Contracts signed allow for setbacks till March of 07, so we'll see in the next few months what all he has done.

Sales are still going, work is still being done, Current Groundbreaking is scheduled for Dec. and all the contracts signed and currently being written up have a clause in it that alows them (Siggy Team) to extend the Groundbreaking to March of 08 if needed, but at this point Dec, Jan is the more realistic time table. I was also told, This Sundays paper is supposed to have something pretty big pertainting to price incentives.

I for one think it's a good idea. If you are able to look past the fact that it is a hockey game (not that I have a problem with hockey) you see that there are a lot of rich people in the seats. Tony's market isn't the occational one ticket fan that is painted from head to toe. Tony is aiming at the season ticket holders. Currently we are up to something like 9,000 season ticket holders that have spent thousands of dollars on a nice luxery seat for the year. These people are Tony's market and if you think about it.... if he is able to get just a few people buy, heck, probably one would cover all his ad cost, anything over that is positive for the future or Siggy. You also have to assume that he isn't relying only on hockey as his advertising and sole market. I am sure Tony has Siggy's hands all over the place including all the arts around town like the symphony, TPAC, The Frist, and I would hope other markets around the country. Off topic Pred question... how was attendence tonight?

Beat to the punch by Fox17, ouch that has to hurt... j/k...... When can we expect more of the story Richard?

Two pics coming everyones way. One is from Nashville and the other from Boston (Copley Church). A good friend took this earlier this year and sent it to me. Boston is one of my favorite towns

What is the NC? ....... I last stopped by on the 18th and the worker there said that the workers had been told they were closing down the parking lot every month since May. He said "we're told every month that they are closing but we're still here." I'll try and stop in again on Monday and talk to a worker and see if they've been notified that they are out of a job. By the way, congrats to Savethepreds.com, awsome job on donating the $20,000 worth of tickets to the kids charity. Great to see the organization help keep the preds which is vital to our DT development.

News five only repoted what the Business Journal Repoted on Thurday or Friday. Nothing new at all beyond that the permits had been pulled and that construction would start when it starts. Jump back a few days in the post. Once again the news stations are behind and picking up on the local papers stories. The media was bound to notice sooner or later that construction didn't start on the 7th nor on the 21st of July as those were the rumored dates. Good news is the permits are pulled and that reservations are climing, sigifigantly in the last week. Thanks to Plasticman for keeping up with all those. Tony might be waiting for a few more sales or for construction materials to come down a bit as there is a good bet on the later as the market has taken a plunge the last few days.

Not an expert, but usually when someone says that permits were pulled it means that they were aquired. The news that the permits are - in hand - is good news as that is one of the major signs that things might progress. As for the project being delayed, that isn't such new news. As we all know they didn't start truning dirt on July 7th or the 15th which were two dates that were floated sometime ago. The next target dates were set for loosly at the end of July and we still dont have any dirt turning. We'll just have to wait and see what August brings. Question for anyone who knows..... How long is a permit good for? If they were pulled in June will they have a time limit of a few months or so?

So I stopped by the site this morning while getting coffee and there are no signs posted about the lot closing. I spoke with the parking guy and he said he'd been told prepare for the lot to be closed later this month but had not been given any signs........Good News???????? Well he then followed the statement with, but I've been told the same thing the last two months and we're still open. It's interesting that they may have been shooting for a May or June Groundbreaking As of any notification of a 21rst closing (2 days away) there is none on site...... I would expect they give people at least a weeks notice. Time will tell.......

Welcome to the forum. I drove by the site today and was searching for a parking notice just incase there was one but I didn't find one. I must say I didn't drive by one side nor did I catch the signs as you pay to go into the lot. I'll have to do a walk by tomarrow and check for it. I did see an older couple staring at the signs around the lot and motioning up and down in the air as they visuallized the tower. I drove around the block and followed them as they headed into the Suntrust building. Nice to see interest in the tower is still there.

I disagree.... his land, his money, his hole to fill if he fails. Plus once he's gone forward with a hole, if he doesn't get all the contracts needed he can always scale back the building plans. You have got to take risk in life to get ahead or to achieve some goals. Tony is doing what he as to do as is Palmer. As it may be dumb in our eyses it makes sence in thiers and I'd have to say I'd prob gamble on their side because after all, they are the ones with the big buck and we're tne ones sitting on the sidelines playing Monday Morning QB If this was city land like the thermal site then I'd agree and say he owed the public some info..... But since it's not, its his to play with. If this tower was out in the boonies no one would care if he started digging. Develepors don't owe us "Joes" a thing as long as it ain't our land......

While I remain hopeful and optimistic your statement is very true as metro and jeepers have also reminded us. It's easy to get swept up in the buzz but numbers still have to be met and it still has to make financial sence. I'm still hoping for a July ground breakings

I bit the bullet and called Tony's office today and got a very similar responce to the news article. I wanted to take pictures for my discovermusiccity website that I am in the process of buildings since the building will no doubt leave it's mark on the city. I asked about the rumored 7th groundbreaking and if that was still on schedule. The nice lady I spoke with said no confirm hard date had been scheduled (indicating that the 7th was the initial target day) but continued to say they were still very much on track to break ground this month late mid to the end of the month. I told her that I would check back later in the month. Original coundo count was 390 when the building was at 65 stories and moved up to the 400 then to the 455 count mark when it went up to 70 stories. 249 has to be a bad number becasue you hit the 250 mark somewhere around the 42nd - 44th floor I would bet the number would be 429 as the latest number I found was close to 450 but that was before the rumored change on one of the floors that breifly appeared on this thread and possibly a few other changes that I am sure take place in the development phase..... Anyone bother to count how many units are actually showing in the interactive floor plan???? I made it up to the 42nd and lost count. First one in with a total number wins a cookie

I appears the 16 - 38 Floor had the drop off as I only conted 56 this timearound where as it had 60 when last counted. My last count was 112 earlier in the week which means the 15 floor got one and a higher floor got some while the cheaper floors of 16-38 lost a few. It appears there seems to be gains and losses which is good compared to all losses

I believe there was an article some time back that hit on this subject. I appeared that the ones buying a siggy were those who owned in Brentwood and Franklin. They were not giving up their suburban estates they were simply purchasing a siggy as a second home and weekend getaway. Williamson county was by last reports in Sept. of 06, the 11th richest county in the country and the richest in the state. 11th out of 3,142 counties nation wide is pretty impressive. These are the same folks that Palmer is going after for his condos. While I have no expertise in the area I would venture to guess that some of what was stated above is correct. I would think some folks with the money would purchase once they saw the thing rising. These are by all means luxery condos and IMO will be a status symbol that many will like to tout. Perfect example is Dr Ming Wang (a well known about eye surgeon in the area) he has one of the $5+ million penthouses reserved. This will not be his primary residence but mearly a getaway.... Basically a $5 million toy.

Greetings all and Happy 4th.... Just a quick question about the supposed upcoming ground breaking...... Has anyone heard of an actual date or called Tony's office, just wondering. When I drove by the site on Tuesday I saw no signs outside the site that indicated the lot would be closed next week or anytime soon. I would suspect they will give at least a week notification before they close up the lot to begin work...... I guess a groundbreaking doesn't neccesarrily mean work is about to begin.....