SRAMP
Active Member
Ignore that. It was just hypothetical situation.
Brampton UPtowns at Heart Lake | ?m | 4s | VANDYK
- Thread starter gquest
- Start date
Michelle C
New Member
Can they change Outside occupancy date again? Can Tarion nothelp
Kaoskreator
New Member
They would need another ‘unavoidable delay’ to change the outside occupancy date again, and for the record, Tarion is useless until we get our keys and close
jbaa1
Active Member
No they can’t, unless there’s more unavoidable delays
Deanfeb
Active Member
Or make everyone signan amemdment?
jbaa1
Active Member
not sure about this.
gquest
Active Member
"Construction workers labour shortage"
Deanfeb
Active Member
Has to be a critical Delay ack by the city o province i think..first need to see construction start then think about alternatives
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SRAMP
Active Member
I think. They can’t make another unavoidable delay without any critical reasons. In case they ask amendments for dates, they would like to amend the price as well.
Deanfeb
Active Member
The last 2 or more phases were sold as avg today prices but the first sales is where they may ask for price chg
SRAMP
Active Member
Hmm. So many speculation. Let’s wait and see.
Deanfeb
Active Member
True.. Dont stress about it! When u see construction starts then u know! Which i think personally wont happen until after int rates start going .. So forget about what they say Oct they will start
SRAMP
Active Member
Don’t think that I am pessimistic. I don’t think they would start construction at all. I made up my mind for cancellation. All odds are against us 
btw no one knows when would BOC reduce interest rate. I m not sure we could have our hope on that.
btw no one knows when would BOC reduce interest rate. I m not sure we could have our hope on that.gquest
Active Member
Had to delete my yesterday's post because I wanted to be sure of the facts...the new Heartlake collection project on 10194 hearlake road (current presentation office) has some legal issue. A CPL was issued in July 2023 and construction for that project will not start anytime soon until the case is resolved.
I believe the CPL is having some backslash on the Uptown project (our project) but I'm not 100% sure at this point. The is because a CPL on any of the builders project could be seen as a default event by lenders and a lender could withdraw all construction loan/ commitment letters. If this is the case, I don't see construction commencing on Uptown project. I hope I'm wrong.
For anyone calling Dominic, ask him how does the CPL impact the uptown project and if he's honest about construction commencing in October as he claimed.
@jbaa1 @SRAMP @Deanfeb @Michelle C @random
I believe the CPL is having some backslash on the Uptown project (our project) but I'm not 100% sure at this point. The is because a CPL on any of the builders project could be seen as a default event by lenders and a lender could withdraw all construction loan/ commitment letters. If this is the case, I don't see construction commencing on Uptown project. I hope I'm wrong.
For anyone calling Dominic, ask him how does the CPL impact the uptown project and if he's honest about construction commencing in October as he claimed.
@jbaa1 @SRAMP @Deanfeb @Michelle C @random
jbaa1
Active Member
What is a CPL?
Can you contact the Mississauga office and ask to speak to Domenic? Or email him. You have first hand details , it’s best coming from you.