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Mega-mystery's newest chapter

One of the topics we'll discuss at this morning's meeting is the mega-project that could locate downtown. Maybe. Possibly. If we wish hard and cross our fingers.

The interesting thing about each chapter is the additional detail. Now we know more about the possible locations and the possible components, including a four-star hotel and conference center. The tallest building would be 18 stories.

How hopeful should we be? How real is at all? What, if anything meaningful, can we write about it?

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Dave Ribar said:

This story still seems too speculative to be reported or the object of a board editorial. It would be wonderful for the area if the development were imminent, but there are too many ifs. Is there any concern at the N&R that the paper is being used to propogate rumors and possibly influence either investors or other negotiations? Also, given the meltdown that we are observing in the credit markets, ALL prospective real estate investment--commerical and residential--is becoming less likely. There doesn't seem to be enough "there" there to justify putting this on the front page (or anyplace outside a gossip column).

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