It's official! Gilbert locks up redevelopment of old Hudson's site

[det]

Rumors circling it will be bigger than rencen... from insider doing pre construction work. Totally tearing up the garage and rebuilding

When are they going to release plans? April was supposed to be release date but they did not even mention it. Bedrock has decent exec management, but needs to hire better younger talent and experience to manage the portfolio.

[mikeg19]

When are they going to release plans? April was supposed to be release date but they did not even mention it. Bedrock has decent exec management, but needs to hire better younger talent and experience to manage the portfolio.

I find it to be so out of character that this is being "mismanaged" given DG's track record. They don't comment or speculate on anything, and when the announcement finally breaks on a development, it's usually a presser.....at the building....with shovels going in the ground. Seems odd that they would keep putting these dates out there and continually go past without any explanation.

Regarding larger than the RenCen, then were talking a structure in the 800-1000ft arena. That would be an absolute game changer for the area, especially if most or all of it is privately financed or financed "conventionally" using little/no subsides.

This makes me wonder though; did he not expect to get the underground garage initially and that's where we say the leaked rendering? Once he got the garage did he just say screw it lets build a monster? That would explain for all the setbacks and missed dates if they tore it up and started from scratch on a new monster tower.

How reliable is your insider source RESTORE?