Friday, September 22, 2006

Lebo: Zamagias Project Status

It's metaphor time:

The Zamagias condo project proposed for the Washington Road/Bower Hill Road intersection is on life support. Turn out the lights; the party's over. It's all over but the shouting.

Even if the developer wants the project to happen, Mt. Lebanon Commissioners can sense that it probably won't. And they're signaling that a Tax Increment Financing package is unlikely to be approved:
The Mt. Lebanon board of commissioners is willing to grant an extension to a developer who wants to build a luxury condominium tower, even if it appears the board doesn't believe it will be built.

"You kind of have to play their game, but I know how it's going to turn out," said board President Barbara Logan during a meeting last week as she gave the go-ahead to solicitor James Roberts to contact the Mt. Lebanon Parking Authority to draw up paperwork authorizing an extension through Feb. 28.


The extension is a disappointment to TIF opponents, but it gives the Commissioners cover in the event of a lawsuit.

Link: http://www.post-gazette.com/pg/06264/723537-55.stm
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