In August of 2011, Jessica Anderson reported in The Sun that WCI “lost its legal bid to keep plans for the tower alive.”
Or did it?
Last year David Costello and a group of investors purchased the property, along with the completed construction drawings for the Plaza Residences tower. It turns out that he also acquired a valid building permit, a permit that was originally issued over five years ago.
Last week, at the wall breaking ceremony for The Mall expansion, I asked Marsha McLaughlin if that permit was still valid. “Yes,” she replied.
In other words, it’s not dead yet. Costello may ultimately decide not to build the Plaza Residences building. If he felt the market could not support a luxury condo project in downtown Columbia, he could always take a different direction with the property. On the other hand, if he wants to build the 23 story tower it looks like he could.