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Originally Posted by Halifax Hillbilly
Why wouldn't WDCL grant an extension? They aren't likely to get another development that's ready to go by next summer either way, best to stick with this and hope the economics work out.
Other than Bishop's what has really been accomplished on the Halifax waterfront in the past decade?
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I agree. It doesn't make sense for the WDCL to kill the project at this point. Centennial doesn't seem to have any problems that other developers wouldn't have, plus there's the issue of coming up with another development. I guess there are the old alternative plans from Southwest but those probably aren't as detailed at this point.
The pace of development has been extremely slow on the waterfront in Halifax and in Bedford. There doesn't seem to be much incentive for the WDCL to actually get anything done in a timely manner. I think they're trying to develop the Cunard site now, just south of Bishop's Landing, but who knows how long that will take?
They've done an okay job of building up the boardwalk and so on but that's been a 30-year process. Not terribly impressive for a company charged with managing acres of very valuable property.