SJM Hoses Hotel Lisboa Redevelopment

SJM has postponed plans to redevelop Hotel Lisboa. As part of their plan, SJM was to purchase the remainder of the property from their parent company STDM (STDM owns 15/16 of the Ol' Lis) for US$606M, plus a neighboring hotel plot (???.)

SJM commissioned a number of architects to re-imagine Hotel Lisboa the results of which can be found here.

Looks like we're starting to run out of forks to stick in dead projects.