Quote:
Originally Posted by movingtohamilton
I'm sure Stinson projects have been discussed for years here.
I always understood that residential condo developers proceed on construction once they reach a threshold level of pre-sales.
Is there a core, fundamental flaw in his business plan? Endless red-tape at City Hall? Or is lack of financing/pre-sales at the heart of his endless delays?
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Nobody trusts Stinson with their money.
It's unfortunate, because he has some great ideas and is a real Hamilton booster. But speaking for myself, I support his ideas and wish him the best, but I wouldn't go as far as putting up my hard earned money for one of his projects.