waterloowarrior
Senior Member
CTV says project is a go, Toronto Star says it will likely not happen.. or does the star just mean it won't be the tallest?
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80 floors? Was not the original proposal? Then they scaled it back to 67 when the financial mess hit them? So they are going back to the original design? If so, that is great news.
I just watched the news release on the CTV website. They seem confident that the news is true. However, there was no mention of the number of floors. So we may very well see the project proposed at 67s.
The sale of the condominium likely means that the 500 purchasers of the hotly sought-after property will not see their dreams of living in the tallest tower in the city come true. They are also waiting to hear what will become of the $70 million in deposits held in trust by Gold's lawyers.
Also keep in mind that Bazis owns a small piece of land vital for the development which it bought outright from the city so I can't see this going ahead without Bazis.