Quote:
Originally Posted by Retallack
I'm in commerce at the U of S and I was told by a couple well-connected classmates that John Nasser has no intention of building on this site unless he can secure tenants. Apparently, he does not have the passion for this project his father does and is happy sitting on it and collecting parking revenue indefinitely, for 20 or 30 years, as my classmate said.
These are just rumors, so take them for what they're worth. I hope they're wrong - this would be an amazing project if it went through.
|
To be honest with you, why would he build if he can't secure tenants. I've posted on this in the past, but with a large development like this they have to secure tenants in advance of proceeding with construction. It would be bad business practice if they didn't.
I do have a question though, why is the father no longer involved?