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Originally Posted by dmacc
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Interesting find... I've never heard that number from anyone internal, and considering the sheer size of the project, I'd think anyone in the industry would laugh at (but looooove to build at) that price. Just not realistic. It's actually laughably low, even with foundation savings, because Artis allegedly spec'd this thing nicely.
https://www.cbc.ca/news/canada/manitoba/artis-reit-portage-main-development-winnipeg-1.3524897
That's the initial number I've seen and that actually is tower only, so throw in the central portion too. It's also before plans were complete, so who knows where they came in. Considering the massive cost saving exercises allegedly entertained, you can guess that a $165M + 330Main cost wasn't what happened. I've heard internal numbers noticeably higher for the set budget, but I'm not sure if that's chatter or confirmed.
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Originally Posted by buzzg
The owner of that lot is Earls.
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Quote:
Originally Posted by lilwayne
Maybe earls wants to sell the land to a developer than i dunno the details
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Considering Earl's hasn't done anything with the land, I'd imagine they'd sell.