From CJME's Patrick Book -
www.twitter.com/PatrickBookCJME - Live tweets from today's media event:
"BrightStar Corporation announces work will begin on Capital Pointe site, just not THEIR work. SaskPower to relocate duct work. #YQR"
"BrightStar's Greg Black says excavation and foudnation work would start after SaskPower is done. Hope their work starts in new year. #YQR"
"Hotel and lower floors of condos could be ready by Nov. 2014 according BrightStar; full build-out done by middle of 2015. #YQR"
"BrightStar says it will re-apply for development permit "in a couple of weeks." That process will happen while SaskPower is working. #YQR"
"BrightStar is rearranging buildings; 3 hotel floors to move from bldg to hotel itself, now 12 floors. #YQR"
"BrightStar will add three floors of condos in the 500 sq ft range for "first time buyers." Black says they've sold 1/3 of "what they need.""
"BrightStar plans to move northern wall of bldg back by 10 feet to save millions of dollars in concrete costs, make it more affordable. #YQR"
"BrightStar's Greg Black admits "credibility of the project has been an issue." Says they'll be vindicated when construction starts. #YQR"
As someone who put a deposit on a unit on one of the lower floors, I'm a bit concerned about my unit now potentially being part of the hotel. Not really what I signed up for.
Also no mention of a hotel buyer yet ... I thought that had to happen before they moved forward?