Coming in super late to the conversation... But to the individuals commenting on CNL III beating this development out of the ground obviously aren't very well informed... The CNL project has been at a standstill for several months and even had the majority of its progress revoked by the city. Their submissions were on temporary hold for some time. Their pre-leasing flyers for the project are dated back to the Q1 2015... And we have only heard rumors of any real tenants.
Aside from the turmoil within the CNL company as a whole (disbanding their real estate services, etc.), they will be 12-18 months behind this or any other project going forward. They're basically having to start over. Pretty certain that this "Tremont Tower" is our best bet at a downtown high rise development breaking ground in 2016.
