Re: Re: Smithfield Wasteland
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March 27, 2009 at 10:23 am
#712410
jdivision
Participant
They had rental agreements in place on a number of the units. However, the retailers are refusing to move in as the units are double height and they don’t want to pay the additional costs such as heating that involves. The developers went back and tried to put mezzanines or convert the top half into offices making the units single storey but DCC in their wisdom said no. So now the units are empty and with the downturn many of those who had agreed to open are probably reassessing their options.