UPDATE from our Sam Goldsmith, who’s been following this issue and just got off the phone with Sharif El-Gamal, the developer of the project:
“That’s complete misinformation. That’s crazy,” El-Gamal said.
“That’s totally totally wrong. This is more misinformation in this web of misinformation.”
“We’ve never even talked about this as an idea. Everything is on track and moving forward at the same location.”