CGM
Active Member
Select features and you can see a video of the building. http://www.999seymour.com/
1BE is an ok building, just not fit for a "landmark"
1BE is an ok building, just not fit for a "landmark"
I thought they were patterns in the glass panels (different shades)
There has been no proof that PCL has pulled out. They still list the project on their website, as I pointed out previously.Has there been any news that Ellis Don will take over now that PCL has pulled out.
Maybe I'm missing something here, but I don't understand the appeal of the lanai balcony in some of these units. Are they essentially solariums?
People with older condos in this city have been spending money to get rid of these things, which essentially consume square footage without offering outdoor space, or pretty much anything of use, to the habitant. And in a place like 1 BE, won't they end up diminishing the effect of the panoramic views from many of these places?
Am I just not understanding what these lanais will end up being?
arent deposits held in trust ? dont think you can use purchaser's deposits to start construction.As I've mentioned before, my friend who works at PCL have confirmed on the day of that PCL have pulled out of the project.
Here is a quote from his e-mail:
"The problem was that we were working at unit rates for everything until the final contract got signed
The client could not come to a price agreement in the end
PCL then backed out
Now the difference will be lost in quality and substantial completion dates due to the time they've wasted and the reputation of losing the most saught out builder in north america
In short, whoever contracts the job and finishes it will do it under too many constraints and productivity and quality will be lost of course
Bazis is a new player in canada
They have a reputation already of being cheap and losing money on their first run at it with blue
Most developers take deposits and begin with some of that capital
Bazis is known to take a larger chunk because they don't have their own capital to cover the essentials to start construction
If 1 bloor gets back on its feet soon, they might have a chance to make money but more importantly not lose their off shore investors
In the meantime they'll hold any new deposits from other projects to maintain their cash flow
So just pray that they get back on track"
Is CrystalBlu losing money?
arent deposits held in trust ? dont think you can use purchaser's deposits to start construction.
I am also a bit confused with what a lanai is.