northlands
Senior Member
Is there really a path forward for this site that doesn't include judicial sale?
I hope not, both for the owners and the area. If you can't move ahead, stubbornly refusing to take your losses and move on likely just prolongs the problem and makes it worse.Is there really a path forward for this site that doesn't include judicial sale?
Oof. Better than a pit I guess.Last I heard, Open Sky is looking at the feasibility of a 6-storey here, now.
lol
It’s part of the engineeringOut of interest, what is the expiry period for shoring? Is it a 2 year warranty or that sort of thing? I'm just interested to know what standards that's from or would it be part of a Contract?
So do they have to fill in the hole now? Is it going to collapse? I still don't understand.It’s part of the engineering
Just out of interest, what was the hole that got filled up? Did they drive in new piles inside the existing ones and then excavate again? I’m thinking that excavation, piling and shoring is going to last for ages.It likely won’t collapse to catastrophic failure but it will likely start sluffing in at some point. Those boards get old and start breaking
There are ways to reengineer and salvage the shoring but the last hole I know of that was like this, it ended up being cheaper to fill it up and start over. Engineers don’t like it because they are taking a massive amount of liability with too many unknowns to reengineer the shoring
Yea well good luck with that. You only get so many chances and given how this project has turned out I have zero faith that they could successfully deliver on it. The industry is small and people talk. There are red flags all over that organization. This also shows you that just because you "worked in" real estate development, doesn't necessarily mean you'll be successful when you're on your own.Last I heard, Open Sky is looking at the feasibility of a 6-storey here, now.
lol
I'm going to put up a pit of despair sign.Saw the guy taking them down/off on Saturday