IanO
Superstar
Site was for sale, looking for a JV, but unsure where that went.
Seriously Ian, the folks who are proposing the Varsity - have put this property up for sale? I thought we were getting near a start date as we are inching close to a year ago when the DP was approved....Site was for sale, looking for a JV, but unsure where that went.
Our engagement with the developer ended when the DP was approved in April.Paging @Marcolangzi - any update on this?
"....don't get what makes the Hat site being built so attractive....." - what does this mean?I don't get what makes the Hat site being built so attractive it is moving ahead quickly, while the other almost across the street has languished for over a decade, other than a bad history and past poor decisions made regarding development of the Mezzo.
Cidex probably got a good deal on the site, and they have big pockets to move forward with projects, is my guess. Nothing makes it more attractiveI don't get what makes the Hat site being built so attractive it is moving ahead quickly, while the other almost across the street has languished for over a decade, other than a bad history and past poor decisions made regarding development of the Mezzo.
I think some developers like starting multiple projects at once to cut costs like admin and other overheard costs by allocating to multiple sites. So if you look at it that way, the Calgary project starting up may be a good sign.Perhaps they have submitted a BP here? Couldn't they run 2 X construction sites at the same time?