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Originally Posted by someone123
There was an article in Allnovascotia tonight about this development. They confirm that the building permit was issued in July but that the developers have delayed construction. They said they might start this winter or in the Spring.
Part of the reason given was that they're just busy with other projects. I wonder if they have tenants lined up...?
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My understanding is no tenants have signed yet.
Shame, looks like a great project, but unfortunately the vacancy rate is going the other way, wait till the latest report as it will be up again.
As vacancy increases the existing product has greater advantage over new projects, especially downtown.