From the Herald: “The head of developer Simon Property Group recently hinted at a shift for the 47-story tower, which had been approved for 318 condominium units.’We’re still designing the building,’ CEO David Simon said during an earnings conference call last month. ‘But the idea that we’re circling right now is to do mostly rentals, though there will be some condo element to it.'”
Needless to say, they’d be luxury rentals. But Simon Property is still on the fence about a switch, perhaps eyeing how well Millennium Place’s condos are selling in advance. It’s pretty impressive.