Ashish Bahl, managing partner of Parador Partners, the majority owner of the tower, said Tuesday that the original bids had come in higher than anticipated, but that his firm was within days of choosing a contractor. “Our goal was to have it done before Dec. 31,” Bahl said, “There will be a little bit of a slippage, but no more than a quarter, max.” Bahl had said previously that he intended to break ground before the end of the first quarter. He said he couldn’t give a new timeline for breaking ground, as that would be contingent upon the permitting process. “The deck has to be completed in the next year,” he told the Business Journal in December. “That’s a personal time frame. I don’t want to be sitting on an under-utilized asset.”
Posted on: Thu, 13 Jun 2013 16:32:06 +0000