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Revenge of the Megaprojects

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Even all the way in New York, they're like "What's up with the Grand Avenue megadevelopment that's been in the works for nearly a decade?" The county has opened the big Grand Park (or, as the NYT calls it: "modest") and developer Related Cos. has broken ground on the first building (luxury apartments with an affordable component). Meanwhile, the authority that oversees the project is still looking for a big overhaul that'll fit today's market a little better. [NYT]