As per the new plans uploaded a few days ago, phase #1 will consist of just the following building:

Screenshot 2025-05-10 at 4.36.29 PM.png
Screenshot 2025-05-10 at 4.37.34 PM.png
Screenshot 2025-05-10 at 4.36.14 PM.png
 
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"Phase 1" of the projected entitled land flip exit.

Are you sure about that PE?

That 20% affordable housing component fits the City's requirement for the rental incentives program.

Said program is also tightly time-limited, 'use it or lose it'.

Could WJ (the owner here be ready to use it?
 

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