Wintertime for developers of two of University Avenue's most promising condo projects has meant more than bigger jackets and heating bills.
Cold weather has kept the construction site of Stadium Club at UF on pause, while frozen funds have had the same effect on University Corners.
John Thomas, a realtor for Stadium Club, said construction on the high-rise has been in limbo for about two weeks because of the winter holidays. The project has continued to stall because workers are unable to pour concrete for the building's fifth floor due to the cold weather.
So far, one-third of the building's 24 residential contracts have been sold.
Thomas was unsure when construction crews would resume, although the building is still scheduled to be finished by fall of this year.
Stadium Club's blueprints propose the building will be eight stories tall and feature 24 condos, a second-floor lounge and a private parking garage.
The building's most expensive units, two eighth-floor, 3,000-square-foot penthouses, feature rooftop terraces, three bathrooms and several suites. Retail prices, according to the development's Web site, are close to ,2 million.
As for University Corners, the multimillion-dollar megacomplex slated for University Avenue and 13th Street, has been through years of planning, millions of dollars in investment, tons of controversy - and no construction.
The site of the planned eight-floor building sits vacant due to complications with the Gainesville Community Redevelopment Agency.
The agency had planned on giving the project tax incentives that would have added up to ,98 million over a span of about 26 years.
However, a case brought to the Florida Supreme Court in September questioned the rules on tax reimbursements for private companies and the city halted the project's funding.
Annie Johnson, a manager with University Corners, said the ,200-million-plus project is still on hold and is awaiting the state Supreme Court's ruling in a rehearing of the case within a few months.
