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Originally Posted by Sausage Bob
Is anyone else hoping verafin kicks off a tech industry boom here in St. John's? All I know is I wanna see more development, I almost get depressed reading through old forums like tiffany and deacon. Has anybody contacted the developers on these projects recently btw? I've heard Verafin might be putting in one or two more buildings up behind the Crosbie Group building on Hebron Way. Can anybody speak to this? I'm bored someone give me some good news here lol
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I hear you on that! The tech industry is growing and, according to a story I linked a few days ago, NL is outpacing the national rate. It's just that it's still in its infancy, so an above average growth it still not large enough to make a visible difference. But if it continues to grow, development will likely grow with it. $500+ million is a massive amount of capital! It'll definitely add a boost to the industry. Something like has the potential to generate a lot momentum. Time will tell.