TheSix
Active Member
I hope they wrap this up soon so the new developer can get rolling on something worth the space.
I am sure that something will happen on that site - the real question is if it will be 'worthy' of the location!I hope they wrap this up soon so the new developer can get rolling on something worth the space.
It's the Toronto waterfront, so the answer to that will be "no, it won't be".I am sure that something will happen on that site - the real question is if it will be 'worthy' of the location!
I understand your pessimism, but for me there is a LOT to be excited about on the waterfront. Aquabella, Aualuna, T3-1, T3-2, the George Brown Timber build, Quayside, C3 block, and West Dons.It's the Toronto waterfront, so the answer to that will be "no, it won't be".
Plaza + G&C for the win!I hope they wrap this up soon so the new developer can get rolling on something worth the space.
All of these buildings are a lot smaller than some of the bland taller buildings on the waterfront which naturally get more attention due to their size. How often have you noticed the 10 floor buildings in a postcard photo of a city that has 50+ floor buildings?I understand your pessimism, but for me there is a LOT to be excited about on the waterfront. Aquabella, Aualuna, T3-1, T3-2, the George Brown Timber build, Quayside, C3 block, and West Dons.
Those of these builds done, are LOVELY and those on the way are set for success.
Concord + anyone would do it too. /sighPlaza + G&C for the win!
I’m sorry, have you seen the Quayside or C3 proposals? They are filled with stunning tall buildings. I’d suggest taking a look They are very promising.All of these buildings are a lot smaller than some of the bland taller buildings on the waterfront which naturally get more attention due to their size. How often have you noticed the 10 floor buildings in a postcard photo of a city that has 50+ floor buildings?
The renders look good but I won't believe until I see them built that way!I’m sorry, have you seen the Quayside or C3 proposals? They are filled with stunning tall buildings. I’d suggest taking a look They are very promising.
So after a few legal threats I finally got someone from Greenland on the phone. The situation appears to be that they need to build a road. The land on which that road is to be built is owned by Greenland and 2 other developers. They have not yet been able to reach and agreement with those other two developers although they say they re in active negotiations. However until they reach an agreement the city cannot approve the application. Hence construction is stalled with no foreseeable resolution or restarting date. They said they expect to send out a general update in the final quarter of the year. (That’s the expected update not the approval!!!)I think you can assume that if anyone here knew anything definite it would be posted here. The fact that the work has now stopped for several months and that the excavation equipment has been removed would lead me to agree with others that it is, at best, stalled and at worst cancelled.
Technically they were not excavating (they did not have an excavation permit) but (as is common) they were dealing with 'soil remediation! That said, I certainly smell polluted BS.How could they have begun excavation if that were the case? I'm smelling BS.
Yea I don't buy this for a single second. The company is not going to respond to a buyer and say yea we're bankrupt but refuse to publicly admit it, sorry but we probably won't even be able to build this project. So instead they've come up with this excuse, which may have some ounce of truth to it.So after a few legal threats I finally got someone from Greenland on the phone. The situation appears to be that they need to build a road. The land on which that road is to be built is owned by Greenland and 2 other developers. They have not yet been able to reach and agreement with those other two developers although they say they re in active negotiations. However until they reach an agreement the city cannot approve the application. Hence construction is stalled with no foreseeable resolution or restarting date. They said they expect to send out a general update in the final quarter of the year. (That’s the expected update not the approval!!!)
Yeah that’s what I’m worried about. I wonder if more can be found from the city?Yea I don't buy this for a single second. The company is not going to respond to a buyer and say yea we're bankrupt but refuse to publicly admit it, sorry but we probably won't even be able to build this project. So instead they've come up with this excuse, which may have some ounce of truth to it.
Greenland has been downgraded to near junk, China's economy continues to sputter and their population is falling. The reality is when it comes to Chinese companies, it is nothing like the West, the company can rarely be separated from the overall situation in the country and Greenland is no exception. They will continue to drag this out as long as they possibly can (as I have said before) but ultimately this project will be offloaded to someone else as Greenland simply does not have the resources needed for construction here.