Quote:
Originally Posted by cairnstone
Every City has different steps. Vancouver is a charter city so they have a different code that has to be followed. Every city has a different procedure. And yes Shape should be more transparent but individual owners you have no weight. As you technically don't own anything but the right to purchase when finished. And your contract can be cancelled.
So Shape only concern is to keep the project owners happy (The institutional lenders and investors). That is why the rental building was finished first most likely.
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This is exactly what I mean"using other people's money". they are only accountable to their investors which in this case is Ontario Pension Fund, not the condo purchasers . Look at smaller regional developers like Bosa, Thind they are far more conscientiousness about customer relationship and efficient fiscal management. I can bet if some local developers own Brentwood Town Center,none of this nonsense/delay would happen. Poor operation and they use city red tape as excuse for delay. Purchasers mean nothing to Shape.
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