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Delayed Reaction

According to CHS, the seven-story, 260-unit mixed-use apartment project at 714 E Pike is temporarily "on hold." However, the land has also been put up for sale, so, mixed signals there. The developer paid $14.9 million for the property in 2012 and claim the sale is only a "backup" plan. In the meantime, the old BMW headquarters building on site will remain standing. [CHS]