What is the timing of the redevelopment process?
The conceptual vision was approved in June of 2009. The next step is the development of a financial model based upon the approved Vision. This process is underway and will continue through 2009. Once the analysis is complete, the formal planning and approval process, which will include environmental review, will begin. This must be accomplished prior to any redevelopment beginning on the site and will take approximately two years. When the approvals are in place, the permitting process can begin for infrastructure and buildings.
