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As mentioned HERE Dublin planned on building a large Proton Therapy Center in what appeared to be major a part of the "Technology Corridor along St. Rt. 33". This particular plan has now collapsed due financing problems. With this major portion of the project gone (for now at least), it puts into question if the whole technology corridor will be canceled. What do you think?
Read more below -
Developer has been unable to get financing for $180 million cancer-treatment center
Friday, December 4, 2009 2:58 AM
By Suzanne Hoholik
THE COLUMBUS DISPATCH
A state-of-the-art cancer-treatment center that would create 100 jobs won't soon be coming to Dublin.
The developer hasn't been able to secure financing for a $180 million proton-therapy facility, and city officials plan to terminate the contract.
Daniel M. Slane has until Dec. 31 to get investors onboard, but both sides say that's unlikely to happen.
"If he continues to work on a project and pulls something together, he can bring it to us at that time," Dublin City Manager Terry Foegler said. "This particular agreement will be terminated."
In March, Dublin leaders agreed to put in sewers, roads and telecommunication wiring on 32 acres near Post Road and Rt. 33 and give Slane a tax break of as much as $2.5 million.
For his part, Slane was to have financing in place by the end of the year and to start construction of the 100,000-square-foot facility by the end of 2010.
Slane said everything else needed for the project -- an operator, staff, building design and zoning -- is ready.
He blames the economy and the national health-reform debate for scaring off investors.
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