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Old Posted May 29, 2026, 3:02 PM
wags_in_the_peg's Avatar
wags_in_the_peg wags_in_the_peg is offline
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Join Date: Oct 2006
Location: Winnipeg, MB
Posts: 3,829
Quote:
Originally Posted by cllew View Post
From Reddit:

"It was developed by a company called “Ulta Developments”. They were building infills before starting this one. They ended up mismanaging funds and ran out of money. Ended up screwing trades out of about a million in unpaid labour and materials (I was one of those trades). They knew the ship was sinking, yet still had trades do work. Company had two owners, who ended up suing each other. There’s a bunch of litigation still ongoing. Both owners are complete pieces of shit and are shady as f***"
If that is true, why not sell it instead of waiting to see it rot and demo it?
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