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Despite Concerto Slowdown, Astani's Up on Downtown

By Eric Richardson
Published: Monday, December 04, 2006, at 11:39PM

After all the fun people had sniping at Downtown based on the LABJ's article about onw of the Concerto towers being shelved, I somehow doubt those same people will make note of a piece in this week's LABJ that profiles developer Sonny Astani. Sonny makes no disclaimers in his love for Downtown:

Despite the cancellation of one of the Concerto towers, Astani is bullish on the downtown real estate market, calling it a "candy store." Astani said that downtown offers a variety of available products -- from lofts in adaptive reuse projects to new condo units in high-rise developments -- that will make it appealing and unique for years, even if there is a temporary slowdown.

"Downtown is an empty canvas with diamonds in the rough," said Astani. He plans to focus his developments efforts there for the next 10 years. "We as developers, civic leaders, and architects pick them up and polish them. We are beginning to see a new generation of buyers move downtown."

When Sonny came to DLANC's Planning and Land Use committee a while back to talk about his 8th & Grand project it was clear how much he enjoyed the ideas and the design of what he is involved in.


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