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Old Posted Jan 22, 2013, 12:18 AM
cdnguys cdnguys is offline
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Quote:
Originally Posted by Southpaw78 View Post
Saw the article in the TJ today saying the Fundy Quay development has been setback due to the need for an anviromental assessment. They believe there are trace amounts of chemical contaminants on the site and are paying an engineering firm $50K to assess the site. The whole process will take apparently 10 weeks when the results will be known....

Very unfortunate, but not surprising. I would have thought this kind of work would have already been done....Anyone have insight as to why this is coming up now? What could this mean for the developer they have on hand....I hope they don't get scared off now...
I would say this is indicative of a very serious proposal and the developer is covering all their bases prior to committing to breaking ground. In that respect it is positive. I too thought this environmental work was already completed. It was first announced in 2005 - what's another 10 weeks?
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