[jammer139]

This has the smell of a pump and dump zoning application. We've seen a few of these zoning applications before with so called developers getting zoning changed on a property then flipping it for a profit. ie: the twin 15s towers on Springbank and the twin 24s towers on Dundas.


Looking at this McCor company they appear to be a Property Management business first and also don't appear to have any residential holdings.


The other thing that makes this smell funny is their 20-30 year time frame. What's up with that? Given Westmount Mall is effectively a white elephant now the proposal looks good but I don't understand their timeline at all.


I would not be at all surprised to see this sold off after getting the zoning application approved. Hopefully I'm wrong and we see major construction activity within the next 2 years.