Construction has been halted on one of San Francisco's last major building projects after the crime-ridden city's poor market conditions drove it out of business.Hayes Point, a $1.2 billion tower in the heart of downtown San Francisco, has been paused 'until markets normalize' after developer Lendlease admitted it couldn't find enough tenants in the struggling metro. The announcement is a major blow to the city after at least 95 retailers - more than half the total - since the start of the COVID pandemic.
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