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Old Posted May 9, 2012, 11:51 PM
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Join Date: Nov 2001
Location: Vancouver
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Quote:
Originally Posted by fenwick16 View Post
The Salter Street Waterfront proposal was through Centennial Group Ltd. with a lease deal through the Waterfront Development Corporation. Since Centennial Group Ltd. didn't meet their obligations the Waterfront Development Corporation reclaimed procession of their land. So I don't think that the Waterfront Development Corporation is at fault for the Salter Street proposal not going forward.
These are really two separate issues. The WDC is not responsible for Centennial failing to construct their development, but it is the WDC's responsibility to develop the waterfront land they have control over.

My understanding is that they have new management now and that the plan is to accelerate the pace of new development. Hopefully we will see results over the next year or two. If not, the only silver lining I guess will be that Halifax will still have lots of waterfront parking spots in 2030.
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