Quote:
Originally Posted by Jeff
ah yes, mcdermot. thanks for the correction. i remember that article.. too bad nothing seems to be working out for this building.
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From what I have heard this building has an unfortunate layout for residential conversion.
I believe you aren't able to get enough suites on each floor to make the numbers work. Given the high costs of converting and relatively poor success of actually selling units in the exchange these days, I think it will be a while before that one moves forward.
That parkade for James Avenue cannot come soon enough. Not sure what the hold up there is - but a lack of parking is really hurting residential sales in the area.