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By JasonL (registered) | Posted August 25, 2016 at 08:44:58 in reply to Comment 119852
the 12-storey proposal you're referring to was the 1st of 2 proposals that fell apart due to the inability to secure financing. The Diocese has worked hard for the last 6 years on various different housing models here, but couldn't secure the funds or partners necessary.
Sad to see this building go, but I"m excited that the new build will be a more appropriate 23 stories instead of 12.
Market priced condos/apartments are by far the least represented segment of real estate in this part of the city. We need dozens and dozens of new buildings like this through the downtown core if we really hope to add a balanced mix of residents and housing options downtown.
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