Condominium project delayed

Beset by a distressed economy and a soaring number of city inspections, the FourOneSix mixed-use condominium project on Broadway Avenue has pushed back its opening to January and will wait until its debut to push ahead with unit sales, officials said Friday. After the project was approved more than two years ago, officials have sold just 14 of 115 units, according to officials with the development firm Intercorp, which is overseeing the project. The sprawling mixed-use complex between Jackson and Kenwood streets in downtown Glendale includes 9,463 square feet of retail space and more than 100,000 square feet allotted for residential units. It was slated to be finished by the middle of this year, but due to an increasing number of permit inspections, officials said the project will be completed by the beginning of 2009. For full story visit: www.glendalenewspress.com/articles/2008/10/06/business/gnp-condos06.txt