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  #3141  
Old Posted Apr 2, 2019, 8:54 PM
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It'll be quite an effort to remove the temporary shoring works. Which from my understanding is everything they installed on site. It will be difficult.
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  #3142  
Old Posted Apr 2, 2019, 9:10 PM
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Quote:
Originally Posted by bomberjet View Post
It'll be quite an effort to remove the temporary shoring works. Which from my understanding is everything they installed on site. It will be difficult.
I don't know why you would bother. You are liable to cause a collapse. Why not just leave the shoring in place?
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  #3143  
Old Posted Apr 2, 2019, 11:20 PM
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I don't know why you would bother. You are liable to cause a collapse. Why not just leave the shoring in place?
Are they allowed to do that?
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  #3144  
Old Posted Apr 3, 2019, 12:26 AM
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They would leave the shoring in place. That way future developers would have an easier time building.
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  #3145  
Old Posted Apr 3, 2019, 12:45 AM
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They would leave the shoring in place. That way future developers would have an easier time building.
Does a surface parking lot need all that shoring? How about a 2 story office building?

I don't see any big projects happening in Regina for quite a while.
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  #3146  
Old Posted Apr 19, 2019, 6:05 PM
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Capital Pointe is up for sale for $8.5M.

https://regina.ctvnews.ca/capital-po...rket-1.4387139
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  #3147  
Old Posted Apr 20, 2019, 1:46 AM
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Do you think the City holds off on filling in the hole in hopes of a quick sale? Would seem that having a lot of the excavation work done already may be a selling feature of the lot.
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  #3148  
Old Posted Apr 20, 2019, 2:35 AM
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Do you think the City holds off on filling in the hole in hopes of a quick sale? Would seem that having a lot of the excavation work done already may be a selling feature of the lot.
According the the city it's a safety issue, so presumably they will continue as they are.

Additionally, any sale that did happen would be a lengthy process as its through the courts.
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  #3149  
Old Posted May 7, 2019, 11:01 PM
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Winning tender to fill the hole should be announced within days.
Fill to start in summer and finish in early fall.

https://www.cjme.com/2019/05/07/514507/
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  #3150  
Old Posted May 7, 2019, 11:18 PM
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This should be marked as a cancelled project, no?
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  #3151  
Old Posted May 8, 2019, 1:24 PM
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This should be marked as a cancelled project, no?
Is litigated a project status? Yes, the moderators should mark this as cancelled.
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  #3152  
Old Posted May 8, 2019, 2:53 PM
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I thought the tender said remove all shoring works? I'm not sure another developer would take on the risk of something like that. Partially installed shoring for a failed development 5 stories below ground. Maybe though.
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  #3153  
Old Posted May 9, 2019, 12:39 AM
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Yes, shoring is to be removed. I was surprised to see fixing sidewalks included, but I'm glad that was included.

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  #3154  
Old Posted May 9, 2019, 2:09 AM
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Originally Posted by HomeInMyShoes View Post
Is litigated a project status? Yes, the moderators should mark this as cancelled.
Done
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  #3155  
Old Posted May 9, 2019, 1:13 PM
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Thanks mitchellk12.
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  #3156  
Old Posted May 27, 2019, 11:54 PM
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Work to fill the hole has been contracted out officially.

Quote:
The work is expected to cost $2,601,819, excluding taxes. The city is also allowing for a contingency of $390,272. The total cost of $2,992,091 will be charged to the property tax bill of the owner, which land titles show is still Westgate Properties.

Construction will start in June, according to an administration report that came to council on Monday. It is expected to be complete by the end of October.

...he said crews from the successful bidder, CBS Contracting Inc., will sometimes work 24 hours a day. Work will be scheduled to avoid traffic disruptions, according to administration.

...In the end, the property will be fenced off and paved over with asphalt.
https://leaderpost.com/news/saskatch...e-hole-in-june
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  #3157  
Old Posted May 28, 2019, 1:38 AM
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drove by this today and there's a Cushman and Wakefield For Sale sign on it now
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  #3158  
Old Posted Jun 6, 2019, 12:32 PM
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With millions at stake, creditors pitch hotel on Capital Pointe site

https://leaderpost.com/news/local-ne...al-pointe-site
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  #3159  
Old Posted Jun 6, 2019, 1:34 PM
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Sounds like the city is acting responsibly here. Hope they stick to their guns.
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  #3160  
Old Posted Jun 6, 2019, 1:59 PM
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"He said he’s not yet sure how much that will cost, but is confident his company can finance it. It might include a plan to buy out the bank that owns the first ranked mortgage on the property. His team would convert their debt to equity and find a “local credible partner” to build. According to Nichilo, there’s already interest."

Yea... this sounds terrible lol
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