Photo credit: Charleston Post & Courier

The Los Angeles developer getting Union Pier ready to sell has already telegraphed its plans to buy the property.

But despite criticism of a contract that gives development firm Lowe the decided upper hand when Union Pier goes to a public auction, the State Ports Authority says Lowe is far from a shoo-in and hardly the only developer interested in the waterfront site.

“Does this guarantee Lowe the project 100 percent? No, it does not,” Bill Stern, the authority’s board chairman, said of the maritime agency’s contract with the developer. “I think there will be a robust bidding process. We’re getting a lot of people interested and wanting to see what they can bid on and when they can bid on it.”

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