Another big residential project has hit the skids and this one's a biggie. The Lumiere tower in Leeds, England was set to be tallest residential tower in Western Europe. Now plans for the £225m development and its 992 units
are on hold, ostensibly until the market gets a little better and the economy is stronger. The project was halted after the foundations were finished and the developer plans to pick up where they left off once conditions improve. The developer says this could be as early as November but I bet it could be a bit longer than that.
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