Quote:
Originally Posted by Deez
^pathetic.
After the — store a block down the street, the Bell switchboard building, and the Horizon Towers, I would say nothing is holding back Rideau more than this empty lot. It's really unnerving that residents would rather contend with a fenced off piece of pavement than a building that is a few stories taller than what the current CDP recommends.
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I found the OMB decision which dismissed ASH's appeal:
http://www.omb.gov.on.ca/e%2Ddecisions/pl031085%5F%230999.pdf
That was almost 4 years ago... so it seems like Richcraft is just sitting on this one...
But it looks like Richcraft owns:
-Galleria (in progress)
-560 Rideau
-594 Rideau
-228-242 Besserer (are we sure this is Richcraft? Someone mentioned above that it is but I'm not sure if that's confirmed)
-a lot on the south side of Besserer directly across from 560 Rideau (mentioned in the OMB report link above).
They don't seem to be rushing anything to market- do you think it's because they just want to finish the Galleria first or are they setting up for the future?
I never really understood why builders would buy a site, hire an architect, design the building, get the project approved by council, win the OMB appeal, and then just sit on it. Doesn't make a lot of sense to me.