Archive: Apr 2016
A Downtown developer is appealing a judge’s ruling that struck down the variances granted for its proposed Garden Theater redevelopment while at the same time exploring other options to save the project.
“We remain committed to finding a way forward. We’re not sure what that is yet,” said William Gatti, president and CEO of Trek Development Group.
Development of the Garden Theater block on the North Side has only two speeds — slow and reverse — and I’d put it up against any block in the metro area in its production of legal fees per square foot.
The latest setback — if we can call it that, as that implies previous movement forward — is a judge’s reversal of the city Zoning Board of Adjustment’s decision to allow an eight-story apartment building on a site zoned for three-story structures.