In the discussion of the proposed development in Walden that is at the heart of the current election, the assumption seems to be that what’s been proposed is what will be constructed. That assumption is naïve at best. The reality is that, in spite of good intentions, the development as described and planned frequently isn’t what’s delivered.
Having lived on Signal Mountain for most of my 70 years, I can recall several projects, particularly a condo development on James Boulevard, which didn’t work out as planned. In the case of the condo development on James, many citizens had concerns about the ability of the developer to complete the project. As it turned out, it ultimately had to be taken over by the lender after remaining uncompleted for an extended period. The lender’s deep pockets and commitment to quality were the only thing that saved the project which, for a time, was an eyesore at best.
Besides whatever other issues there are concerning the Walden project, and there are many, what assurances are there that this developer can deliver what’s been promised? Once ground is broken and the development is partially completed, there’s little that can be done to assure promises are met.
Nick Decosimo