Bad news for Mayor Seng and other folks on the Downtown revitalization bandwagon: Heathrow Development has backed down from its desire to purchase the old K Street power plant.
I maintained a middle ground on this issue. On the one hand I think condos are a much better use of the building than storage, but on the other hand I don't think the city was going to get as much money for the building as it deserved. That being (briefly) said, I want to point out that this is yet another example of Lincoln putting itself in a position to appear to be anti-development. To the degree that perception is reality, this is bad news.
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