cashman
New Member
Any news if they sold out phase 2?
Any news if they sold out phase 2?
The building looks very much under construction in the photos from July literally a few post up.. Not sure what you are expecting, buildings' aren't complete just because some cladding has been hung. It takes months for interior fit outs.That's kind of worrying. The building looked all but complete in the summer and the food co-op said they would open in June 2019. I wonder how the purchasers feel about this.
What your saying is true, but there are questions as to why the Co-op is a full year behind, and it's not because the building shell was not ready for fit out. I hope these guys are competent: I will be joining the co-op.The building looks very much under construction in the photos from July literally a few post up.. Not sure what you are expecting, buildings' aren't complete just because some cladding has been hung. It takes months for interior fit outs.
Tenant fit outs for retail spaces are the problem of the tenant, and it's very common for them to be overly optimistic about opening dates. Personally i would be more surprised if a retail tenant opened on the date they initially planned than I would be if they got delayed.
I do not know if VanDyk was withholding funds or if it was another issue. Possibly. The space was built out, ready for being fitted up, but with the first condo not ready yet, maybe VanDyk weren't releasing the funds yet, no idea. It appears it will open by the time anyone moves in though.The food co-op was relying on funding from VanDyk, the convenience of local shops was one of their selling points. I would love to hear what the purchasers are saying I can't see if there are any POI forms on the windows.