Waterways (Conservatory Group) - Real Estate -

precondo567 said:
I think it’ll be delayed into 2023 cuz it seems they just finished the foundation. Not sure what the cutoff time is for them to notify us through Tarion rules

Would be great if anyone can share some newer pictures.
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The rule of thumb is a floor a week for concrete + a floor a week for interiors. That said, the podium floors and the mechanical penthouse take longer to build as they are unique and require special forms be put together for each, and all that is dependent upon this happening at regular construction speeds, which as per recent photos, are not necessarily being achieved. So, based on 56 storeys = 112 weeks of construction + a bit more for podium and penthouse floors, I think there's a minimum of 26 months of work ahead. Maybe, maybe, the lower level suites will be ready for occupancy in less time than that, but it'll almost definitely be 2024 before the middle or upper level suites are ready.

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interchange42 said:
The rule of thumb is a floor a week for concrete + a floor a week for interiors. That said, the podium floors and the mechanical penthouse take longer to build as they are unique and require special forms be put together for each, and all that is dependent upon this happening at regular construction speeds, which as per recent photos, are not necessarily being achieved. So, based on 56 storeys = 112 weeks of construction + a bit more for podium and penthouse floors, I think there's a minimum of 26 months of work ahead. Maybe, maybe, the lower level suites will be ready for occupancy in less time than that, but it'll almost definitely be 2024 before the middle or upper level suites are ready.

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You are absolutely correct. It will be about 2 more years for the completion.
 
Hey Everyone, would anyone be able to shine a light on what could happen with this project since the Conservatory Group is likely to be sold off in the near future? Will investors get hurt?
 
It is very hard to solve a controversy and it takes number of years. So first off, it would take years to settle, and then sell. As the the group isn’t financially unstable, this project would not get cancelled. And by the time the group MAY gets sold, this project would be complete.
 
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