Quote:
Originally Posted by rayne008
What are the number of issues why railtown in NG? Genuinely interested.
(I know CSEC does not own the land, which obviously is a huge hurdle in itself)
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The main reason would be that the site is readily developable and Remington isn't motivated to sell. They would require a significant premium to sell the site as it is a fantastic location for a master planned community.
Also, I can't say much in detail but there are challenges related to planned future infrastructure in the area: namely high-speed rail and a green line station.