Regina | Capital Pointe | 29F | 11F | 91M | ?M | Cancelled - Page 64

thefourthtower · #**1261** Posted **Feb 2, 2013, 6:06 PM**

Quote:

Originally Posted by Chadillaccc

They should just kibosh this project and repropose a new one in my opinion. People in Regina have obviously lost confidence in this project and they will not get many more, if any, presales. So I think it would be best to redesign and rename the project. I know that costs a lot of money and is probably not feasible for a nearly bankrupt project, but it's a nice idea.

I want and hope for this thing to be built... but hopefully something remarkable gets built there before too long

Totally agreed , get your house in order and stop lying to the public , people has lost total confidence in this project , what's the next excuse anyone have any ideas I think they used them all up

one_brick_at_a_time · #**1262** Posted **Feb 3, 2013, 12:15 AM**

Downtown Theatre and Residential/Hotel Complex!!!!!!!!!!

DickintheWick · #**1263** Posted **Feb 3, 2013, 4:13 PM**

http://ckom.com/story/capital-pointe...c-permit/94214

DALLS, Since you are "very familiar" with both Capital Pointe and the "ill fated" Crates properties , perhaps you can share any information you have regarding what intent any potential new JV partner would have to deal with the abundant number of investors who have money in both of these projects, either from syndicated mortgages or limited partner investors or any other type of active/passive participants ? As you know, both deals are greatly OVER leveraged at this point...I suspect a flurry of legal activity will start when some of this paper comes due..In the meantime, bundle up !

boborider · #**1264** Posted **Feb 14, 2013, 1:39 AM**

Didn't think this could become much more of a gong show but apparently it has. Info on CBC news today indicated that these guys are in arrears for their property taxes. Listing of tax arrears was posted in the Leader Post a few days ago. Didn't know this until CBC took a close look at the addresses and low and behold. Man, that ought to inspire confidence in potential investors

thefourthtower · #**1265** Posted **Feb 21, 2013, 8:20 PM**

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drumuser · #**1266** Posted **Mar 29, 2013, 2:34 AM**

there was some activity on site today. they are moving snow. maybe the recent announcement of the 2 way lane change on vic has something to do with this site? fingers crossed.

Festivus · #**1267** Posted **Mar 29, 2013, 4:31 AM**

Quote:

Originally Posted by drumuser

there was some activity on site today. they are moving snow. maybe the recent announcement of the 2 way lane change on vic has something to do with this site? fingers crossed.

From what I understand they are going to be doing the work on the main power cables underground, finally. I am still thinking it will be for nothing (in terms of Capital Pointe), but it also would need to get done anyway for any future tower, so it's not money wasted, either.

Cyro · #**1268** Posted **Mar 30, 2013, 10:57 PM**

Quote:

Originally Posted by Festivus

From what I understand they are going to be doing the work on the main power cables underground, finally. I am still thinking it will be for nothing (in terms of Capital Pointe), but it also would need to get done anyway for any future tower, so it's not money wasted, either.

I hope this project goes ahead...It reminds me of the problems we had in the Peg with Hydro lines that needed to be moved before heritage landing..now 300 assiniboine got underway..huge delay!

1ajs · #**1269** Posted **Mar 31, 2013, 2:35 AM**

Quote:

Originally Posted by Festivus

From what I understand they are going to be doing the work on the main power cables underground, finally. I am still thinking it will be for nothing (in terms of Capital Pointe), but it also would need to get done anyway for any future tower, so it's not money wasted, either.

you can't do anything at all untill u move that stuff so it sits waiting for hydro witch is prolly waiting till the ground thaws to do and prolly taken some planing and permit pulling to do

Mike328 · #**1270** Posted **Apr 1, 2013, 3:57 AM**

Quote:

Originally Posted by drumuser

there was some activity on site today. they are moving snow. maybe the recent announcement of the 2 way lane change on vic has something to do with this site? fingers crossed.

Do we know for sure that the lane closure is for capital Pointe. I went by this weekend and the signs were turned off and turned sideways so they didn't say when the restriction starts. City of Regina site doesn't.say either. Anyone know when the lane closures start?

DickintheWick · #**1271** Posted **Apr 1, 2013, 1:43 PM**

Quote:

Originally Posted by drumuser

there was some activity on site today. they are moving snow. maybe the recent announcement of the 2 way lane change on vic has something to do with this site? fingers crossed.

It was to make room for the Easter Bunny.......

Chaps · #**1272** Posted **Apr 1, 2013, 2:39 PM**

Quote:

Originally Posted by Festivus

From what I understand they are going to be doing the work on the main power cables underground, finally. I am still thinking it will be for nothing (in terms of Capital Pointe), but it also would need to get done anyway for any future tower, so it's not money wasted, either.

Brightstar was footing the bill to have it moved. SaskPower isn't moving them for free. So either this is for Capital Pointe, or someone else is paying to have it moved...which means someone else bought the land from Brightstar. Seeing as though there hasn't been a peep about a sale...I'm guessing Brightstar is still the ones paying to have this moved.

Maybe, just maybe, there was some truth in their words.

blacktrojan3921 · #**1273** Posted **Apr 2, 2013, 8:04 PM**

Well, I got off the phone with Capital Pointe. He tells me that they are expecting to start re-routing the powerline that runs beneath the site around this week, most likely tomorrow even. They also tell me that Saskpower has cleared the site, and that they are going to close part of the road on Albert St. and Victoria Ave.

Chadillaccc · #**1274** Posted **Apr 2, 2013, 8:13 PM**

While that is excellent news if it's indeed true.. however, haven't we heard exactly that a few times before? or similar?

Nathan · #**1275** Posted **Apr 2, 2013, 8:15 PM**

Quote:

Originally Posted by Chadillaccc

While that is excellent news if it's indeed true.. however, haven't we heard exactly that a few times before? or similar?

Usually it was more vague/distant (e.g. In the coming weeks/months... etc). The last time they give such an immediate timeline, the building came down.