Well this project looks like it is finally gonna happen, although without the hotel part.
Source:
tterfloth@chathamdailynews.ca
Condo project to begin this spring
MUNICIPAL: Boutin says it will take 14-18 months to finish
By TREVOR TERFLOTH
Posted 12 hours ago
Condominium construction on King Street West will begin within two to three months, says the proponent behind the project.
Victor Boutin, of Brampton-based Everlast Group, attended Monday's council meeting for a planning amendment.
Some of the changes include the removal of the hotel and retail portion, and replacing it with additional residential units.
There will now be a total of 113 condo units on 11 storeys with a multi-level parking garage.
Outside council chambers, Boutin said he wanted to be prepared to dig given the proximity to the Thames River.
“The ground is very wet there, so we have to go all the way down to the bedrock,” he said. “We found out there was some water coming back ... so we had to get rid of that. That's why it took so long.”
Boutin expects the project will take between 14-18 months to complete.
He said he understood the community has been eager to see it move ahead.
"They didn't build Rome in one day," he said. “It's the same thing with the building; sometimes it takes longer to prepare to make sure that you do the thing right.
“You better take a few more months on the drawing board.”
Boutin said the parking garage necessitated the removal of the hotel and retail space. However, he hopes to pursue a hotel project in a different location.
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