Quote:
Originally Posted by esquire
Phase 1 (podium and hotel tower) would be far better than nothing, and it would leave the door open for an eventual phase 2.
The worst case scenario here is just leaving the Sutton Place project in place as it is, as a frozen in place construction project, or maybe just finishing the underground parkade with nothing above it a la Winnipeg Square.
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Agreed. Although the fact that True North is involved gives me a certain amount of comfort, knowing their track record of getting projects across the finish line. I can't imagine that they'd let part of their signature development stay unbuilt. It would ruin the vibe of TNS, plus they need a hotel on the development. One way or another, I believe this thing gets fully built out in the end, and I bet - as speculated - that if the sutton group doesn't boogie on it, TN swoops in as soon as Wananesa is complete.