This is somewhat of a surprise. Aside from the specific issue of the Raymond Theater, there has been a general feeling in Pasadena that the extensive condo construction of recent years has gone too far and has changed the character of the City for the worse.
The developer may get his just deserts. Design Commission approval is not a building permit. That might take another 6 months. Beginning construction in an era of rising interest rates and a declining housing market can be a recipe for disaster.
This is somewhat of a surprise. Aside from the specific issue of the Raymond Theater, there has been a general feeling in Pasadena that the extensive condo construction of recent years has gone too far and has changed the character of the City for the worse.
The developer may get his just deserts. Design Commission approval is not a building permit. That might take another 6 months. Beginning construction in an era of rising interest rates and a declining housing market can be a recipe for disaster.