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Originally Posted by Haliguy
Yeah really talk about negative...geech! Office space is well in demand maybe one of towers could be an office tower as opposed to a Hotel. I guess there would be some design changes for an office tower but it could be possible.
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Sorry to burst everyone’s bubble.
Sure i would love to see new development downtown, but unfortunately we have missed the boat yet again in Halifax for large scale projects. The developer is already quoted as saying the project may not go.
Haliguy, the development agreement is very detailed to what is to be developed on the site. Switching to office would require the developer to amend the agreement and therefore open the process again.
That being said, dependant upon the final design (which on a side note theres rumors floating around that are claiming the twist in the design may not be feasible) may make the building less attractive to business office use as floor layout and core design may make in inefficient combining with the building common area design in which office tenant typically pay their proportionate share of costs.