Council amends project agreement – Business – News & Observer

The vote eliminates from the agreement a requirement that the developer begin construction 10 months after completing a 550-space parking deck under the site.

The parking deck is expected to be finished by the end of the month, but the developers have thus far been unable to get financing for two towers that are to be built on top of the 1.75-acre site.

via Council amends project agreement – Business – News & Observer.