AJX
Active Member
I was thinking the same thing. It seems like they are bailing out of everything midsized or larger. I have no inside knowledge but I’m pretty certain they overextended themselves.Seems like RNDSQR might have had some financial issues last year. Looks like they've cancelled all their medium/higher density apartment buildings as they no longer appear on their website and are going back to their roots building more town/row homes with secondary suites.
For a smaller company that did mostly townhome projects the change to projects like courtyard, 33, and flyover block, as well as the proposals for Inglewood, Bowness, and a couple of these other Marda loop ones was too much. They also had projects in Winnipeg iirc.