Quote:
Originally Posted by Simplicity
Likely never going to happen. The civic incentive is now off the table and the province has apparently been set to release the offer any day now going on five years.
The equity only wants in until turnover (ie. Graham) and the province isn't prepared to pay a risk premium on a build they're guaranteeing. In other words, nobody believes it's a success in the making so nobody can align their incentives.
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So are we saying it has all been spent on a new parking lot and sidewalk for True North along with some singing lights on Market avenue?
Yet nothing for the Alexander Docks or a string of lighs for the inside of the pump house so one could actually see it... It's a real shame...
On a positive note...
A new micro brewery is opening in the East Exchange with NO money from CV for facade improvements, sidewalk renovation or landscaping ...
(It's all been spent elsewhere I guess).
It's going to be absolutely great for the area and the city !
Stay tuned!!