Tuesday, November 06, 2007

Someone lend me 35 mill.

I was hoping that I would discover this on Craigslist. However, it is official, the Plain Dealer just announced the sale of the Ameritrust Tower for a mere $35,000,000.

I don't have any comments on this just yet. The idea is that the County will not accept any less then the money that they have invested in the project in the first place so I suppose, in theory, this isn't a loss for the citizens of Cuyahoga. Before we make any rash judgements, lets see where this mess ends up.

Oh, and it was pointed out to me that the $35 million price tag is the same as for the Tri-C Rock Hall archive.

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