Comment 6370

By seancb (registered) - website | Posted April 14, 2007 at 16:28:45

My understanding is that the developer was arrested for tax evasion, and in the meantime it has been broken into several times and set on fire at least once leaving major interior (possibly structural) damage... so whoever takes it on now is taking on a HUGE project.

A friend and I had an idea to start a co-op of local residents who buy shares in a company which buys and develops the building, sells the condos and all co op members make a profit in the end. I think it's an interesting way to offset the upfront costs, and most residents would agree that the develoment of 220 dundurn would be a huge boon for the area (and worth the price of admission even if simply to raise their own property value).

Permalink | Context

Events Calendar

There are no upcoming events right now.
Why not post one?

Recent Articles

Article Archives

Blog Archives

Site Tools