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Old Posted Jan 25, 2014, 2:20 AM
TbayON TbayON is offline
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Join Date: Nov 2011
Location: Thunder Bay, NWO
Posts: 830
I have heard that Habib is personally trying to get the FWCI project going soon. If he still holds his original intentions for the building, it would be converted to a seniors building with some amenities for the retired folk. There are a few issues though. He has lost the trust of many financiers and trades in the city by being very tardy with payments, or not paying bills at all. I don't think he has the cash for this project at this time. I personally believe the McKellar hospital project did not go as well as he hoped, and that he has not recouped enough cash out of that project to finance future ones. He has also sunk a large chunk of cash into his Victoria Ave. project, and has yet to see any returns on that as construction is ongoing.

The store known as 'Icing' in the Intercity Mall is moving within the mall. It will now be located by Bentley. A tender is out for construction and work will likely begin late winter.
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