A developer claims a potential tax could severely impact a project. The project in question is a high-rise that has been undeveloped for some time. A resolution to tax the property's owner was approved, but the tax has not been instituted. Some individuals have expressed disappointment with the lack of progress on the project.

Further details about the situation are available. The owner of the property has expressed concerns about the potential tax.

A resolution was passed to potentially impose the tax, prompting concerns from the property's owner.