Regina | Capital Pointe | 29F | 11F | 91M | ?M | Cancelled - Page 148

bomberjet · #**2941** Posted **Apr 3, 2018, 11:23 PM**

Since Fortress owns the property, I wouldn't hold my breath on anything else happening for some time.

Kegger · #**2942** Posted **Apr 4, 2018, 8:48 PM**

Having no experience in construction I have no idea whether this is a thing or not. The following is found on Capital Pointe's website.

"In the late fall, the concrete foundation forming was stabilized for frost protection during the winter season. This engineering process was completed in accordance with Municipal requirements to ensure no movement in the formwork takes place over the winter period. Pouring of concrete foundation is scheduled for spring."

Roger Strong · #**2943** Posted **Apr 4, 2018, 9:13 PM**

Quote:

Originally Posted by bomberjet

Since Fortress owns the property, I wouldn't hold my breath on anything else happening for some time.

Any time there's a safety issue - from unsafe buildings to hoarders filling their yards with junk (creating a fire risk) - the city can step in and take action. And then bill the property owner. And then seize the property if they don't pay up.

An excavation with "temporary" walls being around for years would seem to fit the bill.

Roger Strong · #**2944** Posted **Apr 4, 2018, 9:20 PM**

Quote:

Originally Posted by Kegger

"In the late fall, the concrete foundation forming was stabilized for frost protection during the winter season. This engineering process was completed in accordance with Municipal requirements to ensure no movement in the formwork takes place over the winter period.

Have they even finished excavating? The last I heard, they finally paid the contractor who stopped excavation work at the site last summer because he wasn't being paid.

I think the city wants to see some evidence that those claims are real, as opposed to the same claims made over the last few years.

Drofmab · #**2945** Posted **Apr 4, 2018, 9:24 PM**

Quote:

Originally Posted by Kegger

Having no experience in construction I have no idea whether this is a thing or not. The following is found on Capital Pointe's website.

"In the late fall, the concrete foundation forming was stabilized for frost protection during the winter season. This engineering process was completed in accordance with Municipal requirements to ensure no movement in the formwork takes place over the winter period. Pouring of concrete foundation is scheduled for spring."

I'm no expert either, but I'm quite certain foundation work for buildings of various sizes have continued in Regina (and other cities of similar climates) throughout the winter months. It is not normal to pause construction over the winter.

(and 'pause' is being generous... there's been no meaningful work done on the site in about a year. No, I don't consider moving in sea containers/building walkway to be meaningful work)

HomeInMyShoes · #**2946** Posted **Apr 4, 2018, 9:30 PM**

If I walk by some day I'll try and take a picture in the hole. Maybe we can see if there is anything resembling a foundation form in the pit. I would be doubtful because you know, wouldn't the dirt ramp into the pit sort of block building that form?

Nathan · #**2947** Posted **Apr 4, 2018, 11:58 PM**

Quote:

Originally Posted by HomeInMyShoes

If I walk by some day I'll try and take a picture in the hole. Maybe we can see if there is anything resembling a foundation form in the pit. I would be doubtful because you know, wouldn't the dirt ramp into the pit sort of block building that form?

I walk by it daily... There isn't; it's just dirt down there.

pappcam · #**2948** Posted **Apr 5, 2018, 5:33 AM**

Quote:

Originally Posted by Nathan

I walk by it daily... There isn't; it's just dirt down there.

And from what I understand was never dug down to the actual depth. It's just a big effen ponzi scheme that will now be hung up in the courts for a few years.

Good times.

J-Walker · #**2949** Posted **Apr 5, 2018, 3:59 PM**

Quote:

Originally Posted by pappcam

And from what I understand was never dug down to the actual depth. It's just a big effen ponzi scheme that will now be hung up in the courts for a few years.

Good times.

It really is just a scheme for syndicated mortgages - there is likely no intention to ever develop the property. Even though this is a City issue, the Province needs to get some balls and step in here, they pass the laws that allow the City's to deal with this kind of development nonsense, and their laws are the reason the City can't deal with this issue in an expedited manner. The problem is they are already dealing with their own go-nowhere development (GTH) which makes it hard to come down on anyone else.

Finessing · #**2950** Posted **Apr 13, 2018, 3:48 PM**

RCMP search Fortress office in mortgage fraud probe
https://www.theglobeandmail.com/busi...e-fraud-probe/

Let's hope Jawad Rathore, Vince Petrozza, Ben Myers, and the rest of the scammers at Fortress Real spend at least a couple years in Club Fed.

Pi3141592654 · #**2951** Posted **Apr 13, 2018, 4:13 PM**

Quote:

Originally Posted by Finessing

RCMP search Fortress office in mortgage fraud probe
https://www.theglobeandmail.com/busi...e-fraud-probe/

Let's hope Jawad Rathore, Vince Petrozza, Ben Myers, and the rest of the scammers at Fortress Real spend at least a couple years in Club Fed.

Ben Myers 'left ' in late December 2017 to become an 'independent consultant'

StealthGirl · #**2952** Posted **Apr 13, 2018, 5:27 PM**

That link comes up as subscribers only. Can you give us the gist of it?

ETA: I found the story on a different website. http://business.financialpost.com/ne...be-sources-say

Doesn't Fortress only have until the 15th to appeal the city's fill the hole order?

Finessing · #**2953** Posted **Apr 13, 2018, 5:58 PM**

Quote:

Originally Posted by Pi3141592654

Ben Myers 'left ' in late December 2017 to become an 'independent consultant'

I think most of the rats have left the sinking ship now. I doubt most of the underlings get implicated in criminal charges but it's obvious Ben knew what was going on and didn't mind robbing hard-working people of their retirement money to make more for himself. To each their own.

Rathore and Petrozza probably skate from this like they did their last scam. I wonder how guys like this sleep at night? Nice example they are setting for their children.

CoR East · #**2954** Posted **Apr 15, 2018, 4:30 AM**

Being reported in the Winnipeg Free Press that the RCMP raided the Toronto offices of Fortress today removing evidence as part of an investigation of syndicated mortgage fraud

HomeInMyShoes · #**2955** Posted **Apr 16, 2018, 3:55 PM**

We need the sidewalk back. This morning a pedestrian on the NorthEast corner actually turned to walk North along the contruction site on Albert Street.

I wish I had gotten a picture.

Nathan · #**2956** Posted **Apr 16, 2018, 4:09 PM**

Quote:

Originally Posted by HomeInMyShoes

We need the sidewalk back. This morning a pedestrian on the NorthEast corner actually turned to walk North along the contruction site on Albert Street.

I wish I had gotten a picture.

I've seen it happen too.

Technically pedestrians aren't supposed to even be crossing the North side of Albert (likely due to the blind spot around the corner for cars making right hand turns), but everyone basically ignores those signs.

StealthGirl · #**2957** Posted **Apr 18, 2018, 5:26 PM**

As expected, appeal filed.

http://leaderpost.com/news/local-new...fill-the-hole?

Kegger · #**2958** Posted **Apr 18, 2018, 5:33 PM**

Quote:

Originally Posted by StealthGirl

As expected, appeal filed.

http://leaderpost.com/news/local-new...fill-the-hole?

Waiting until the last day. This is just going to get dragged on and on and on. Unless they go bankrupt soon.

HomeInMyShoes · #**2959** Posted **Apr 18, 2018, 5:42 PM**

You know that song..."Entry of the Gladiators." It's in my head right now.

HomeInMyShoes · #**2960** Posted **Apr 23, 2018, 6:11 PM**

"Wow"

Hundreds gather to stare at Regina construction site hole and say 'wow' like Owen Wilson