Quote:
Originally Posted by WarrenC12
No COVID would probably shave a year off that timeline too.
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Covid was the saving grace for this poorly planned project. That and Gillespie being a top Liberal so he received the 1 Billion plus loan from CMHC. It was originally supposed to be one phase and because there was no parking requirements would be complete years ahead of any other project. At the time I was involved in a 1000 unit 7 building development that would have been directly competing for the same labour pool. We had meetings and were putting in a plan B schedule. Because it falls outside of typical construction lending being on First nation lease land it stalled out.
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