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  #11  
Old Posted Mar 9, 2012, 2:53 PM
RyeJay RyeJay is offline
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Join Date: Apr 2011
Posts: 3,086
Quote:
Originally Posted by Waye Mason View Post
Even the downtown business development commish is against Skye.

http://downtownhalifax.ca/index.php/site/entry/hrm-by-design-stck-to-the-plan

Yep.

This is just a real estate value play. It isn't going to get built.
I can see how you'd make a judgement like this, considering how long and drawn out this process with United Gulf has been. The city has been wanting to develop this site for many years, and although blame rests with the city in how delayed approval was for the Twisted Sisters -- United Gulf is to blame for this new affront.

If United Gulf wanted to modify the Twisted Sisters to better meet the demands of today's market, that would have been very easy to do within the current rules. Instead, they chose a route that involves a much, much longer waiting time, through the half-conceived Skye Towers. Upon the unlikely chance Skye is approved, the markets will have again shifted -- and there's still no telling whether this approval will be good enough for the developer to finally put a shovel into the ground.

It's almost as though United Gulf doesn't want to build anything here.
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