DEVELOPER WITHDRAWS CITY HALL PROPOSAL
08.16.2008
Lone company left praises competition
Downtown San Diego - In the competition to build a new City Hall for San Diego, the underdog is now the only dog.
Portland, Ore.-based Gerding Edlen is the lone developer still in the running to overhaul the four-block Civic Center, meaning that officials have only one bidder to choose from for a $600 million-plus job.
Hines Corp. yesterday withdrew its proposal for the 6-acre redevelopment after a financial analysis released Thursday showed the company's plan was more costly than Gerding's.
