J.R. Anderson, the firm's director of development, "We need density on the site to make economics work, so we're continue to look at our plan to determine what is the right mix." That mix no longer includes the original plan to build either 450,000 square feet for offices or condominiums. Anderson explained that neither is suitable for construction in today’s economic environment , but that residences could be built initially as apartments but offered for sale later. With regard to the Rookwood Exchange site, the developer’s vice president of leasing Mark Fallon said, "That (expressway at Smith Road) exit is still the most visible and important out of downtown as far as commercial locations. It's unequivocally the most valuable acreage in the overall Cincinnati and Northern Kentucky market. It can support any use."
Do we hear a collective sigh of relief and cheering throughout Norwood this morning? What do you think of the revised plans for the Exchange?