Posted Feb 28, 2019, 1:22 AM
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Registered User
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Join Date: May 2016
Location: Ottawa
Posts: 2,798
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Quote:
Originally Posted by acottawa
I have no idea, but I think a pretty clear clue is, as OTSkyline said, no big developer came forward. No pension funds, no sovereign wealth funds, not even Claridge. The 4 principals in both bids (Devcore, Mirens, Trinity and SSE) have (as far as I can tell) built as many tall buildings between them as I have (zero). Ottawa probably just doesn’t have that kind of real estate market.
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Yeah, this is a pretty big red flag. These are the people who generally get involved in these sorts of large scale developments. The NCC should take this a a severe indictment of its process.
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