You may count me as a Princeton resident and taxpayer who has a growing fear of the future of what at the moment looks like a construction monstrosity.
They’re seeking to build a “luxury apartment” complex on the south side of US 380, just east of Walmart. Work stopped abruptly on the project in May 2023. The developer said he would hammer out a new deal with a contractor in 30 days.
Well, the 30-day window slammed shut. Still no contractor. Work is still waiting to resume … one year later!
Here’s a thought to toss at Princeton’s new city manager, Mike Mashburn. The city council recently gave Mashburn a five-figure increase in his base salary and extended his contract. This was done before Mashburn actually did anything in his new job!
My thought is that the city’s chief administrator has it within his power to summon the developer and any potential general contractors to his shiny new City Hall office. He should then order all the principals to work out an agreement that enables work to resume post haste.
I am not a construction expert, but I do know that time is not on the side of the contractors or the developer. The longer the complex is exposed to our fickle weather, the more damage is done to the exposed interior portions of the 360-unit complex.
Mashburn clearly has some skin in this game, as he now runs a municipal government with a direct stake in the success of this project.
I can guarantee that no one wants to be scarred by a project that falls victim to disputes of the type that has stalled work on this massive new project, which at the moment looks like nothing more than a massive eyesore.