By Jeffrey B. Cohen
July 14, 2009
Four years after plans first emerged to turn two acres of city land into towering luxury townhouses, retail space, and a main city square, the plans appear to be near their end.
The project -- Plaza Mayor -- at the intersection of Park and Main Streets was to be a gateway to the city's Latino center and was spearheaded by several Latino city businessmen.
But the project has struggled to find financing. In a letter last month, the city gave the project's developers until October to find money. If it can't, the city is threatening to move on.
Efforts to reach the developers Monday were unsuccessful.