Looks like MarshallZehr was the successful bidder for the property pending final sign off by the bankruptcy court. Will be interesting to see what they plan to do with the 2 unfinished buildings and the remaining blocks. Apparently there were a total of 9 bidders.
Good news that work will resume. That aside, I find the building rather ugly. It bothers me how the windows don't line up properly. The Ivey building at UWO has the same problem. I don't get it.
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The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts. (Bertrand Russell)
^that's shitty news for the contractors owed money.
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The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts. (Bertrand Russell)
Looks like the final paperwork is being processed on the court sale.
865 Kleinburg Drive type Partially improved residential development (vesting order) price $36,589,706 seller Ontario Superior Court of Justice buyer 1000388064 Ontario Inc.
870, 911 & 985 Kleinburg Drive, 8370 Blackwater Road type Partially improved residential development (vesting order) price $28,774,873 seller Ontario Superior Court of Justice buyer 1000388101 Ontario Inc.
Looks like construction has resumed as when I drove by this site the other day, they were working on finishing the exterior paneling on the east side of the N/S-oriented building.
I didn't think that we would see any work start so soon after the paperwork has been finalized, earlier this month I believe.
The site has had no work on completing these two buildings which sit boarded up. Not sure why the new owner isn't bringing in contractors to finish these two apartment buildings and get tenants moving in. You'd think they would be in a hurry to start generating revenues.
Drove by this site yesterday. It looks exactly the same since last year. The new developers have done nothing. Curious whats going on. I feel like its prime consruction time to get this project complete.
I agree very strange this has had zero movement. Must still be wrangling with the bankruptcy and the creditors before being able to move forward with contractors to finish the exterior and interior and get tenants.
Sadly I suspect the longer it sits the more issues they will have to remediate with water and mold.
Interesting to see some work starting on this site. A scaffold has now been setup on the west side of the building fronting Fanshawe Rd and they appear to be installing the exterior finish. This is good news and hopefully a sign that other contractors will be returning to the site to finish these two buildings inside and out.
Masonry contractor has now completed the install of exterior brick on the west wall on the south building. Scaffolding has been moved to start brick installation on the south facing side. Interesting choice of colour which is grey concrete block. Wonder if they plan to mix up the colour scheme as that look is not the best.
Masonry contractor has now completed the install of exterior brick on the west wall on the south building. Scaffolding has been moved to start brick installation on the south facing side. Interesting choice of colour which is grey concrete block. Wonder if they plan to mix up the colour scheme as that look is not the best.
Not gonna lie, it looks like a prison. I hope they add some accent walls or something. Horrible design.
The incomplete walls and interiors have been exposed to the elements for years. Who's going to want to live there? It looks terrible to begin with.
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The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts. (Bertrand Russell)
Not sure why the masonry contractor disappears for days at a time on this site. The weather has not been that bad and compared to what is coming in the months ahead they would love this weather.
Looks like all the masonry work in now completed on the south side. No idea if they are working on the north side as that is not visible from the road.
I recall back before the new Costco was built that there was a MarshallZehr sign at the dead end of Roxburgh Rd. Not sure what their involvement is down there, maybe just financing like this project. Not new to London, for sure. I remember talking to a receiver in the old Costco a few years ago and he said "Oh I see they have plans for a Marshalls and a Zehrs store back there now" lol.
Sadly there doesn't appear to be any new activity on this site in the last 2 months. Not sure what is going on since the exterior brick was installed back in Nov. But no signs of any interior contractors or exterior finishing has happened. You would think the new owner would have contractors busy trying to finish these two buildings ASAP.
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