Project's Status
Currently, the project has ceased sales and construction, until picked up by CalPERS and CIM. The project's title/escrow firm, First American Title Company is in the process of returning all earnest deposits to the buyers. These deposits had been earning interest in a special money market-style account since early 2006.
Read more about this topic: Towers On Capitol Mall
Famous quotes containing the words project and/or status:
“Although I mean it, and project the meaning
As hard as I can into its brushed-metal surface,
It cannot, in this deteriorating climate, pick up
Where I leave off.”
—John Ashbery (b. 1927)
“The censorship method ... is that of handing the job over to some frail and erring mortal man, and making him omnipotent on the assumption that his official status will make him infallible and omniscient.”
—George Bernard Shaw (1856–1950)