Quote:
Originally Posted by MonctonRad
Residential at CF Champlain will be difficult to accomplish because of the unstable ground in the area. The mall is quite literally built on a swamp, and the soil substrate is incapable of load bearing a tall structure like an apartment tower. Underground parking also would not be possible (flood plain).
|
Maybe this is why we've never heard any indication regarding CF including residential at the Champlain Place property. It's certainly a model they've embraced elsewhere, and our residential market has been strong for a long time. It's a shame that there isn't a way to overcome this issue. The mall seems stable, but it has no height.