[trueviking]

I'd like to know where this mythical $111 million to get it 'up to code' number came from. What does that even mean? It was a functioning department store until a year ago. It doesn't violate building code any more than any other heritage building. The stair handrails are too low, i guess.

I wouldn't suggest that the budget won't increase. Its a massive project with all kinds of unknowns, but there are reasonable people putting the budgets together. CMHC doesn't back spitball projects.

The other thing to remember is that budgets can define different things....does the $130 include tenant fit-up for the spaces?.....as an example.