SkyCity Centre Winnipeg | 45F | 575 Ft | 175.26 M | Cancelled

[Roger Strong]

Originally Posted by cllew

did the old downtown Eaton's store not have awnings at one time?

25 years ago the owner of a Portage Avenue building I worked in mentioned that the only reason he was allowed to have a sign overhanging the sidewalk is that it was grandfathered in.

I suspect it may be the same with awnings.

[emeraldeyes]

Ellis Don has put up an elevated canvas (?) sign in the parking lot.

Are we inching our way towards breaking ground?

[Cyro]

Anything is progress I'd hazard to guess at this juncture of this prolonged and excruciatingly long saga....

[Urban recluse]

Stating the obvious has nothing to do with the discussion thus far..let's just leave it at that..

[1ajs]

Originally Posted by Roger Strong

25 years ago the owner of a Portage Avenue building I worked in mentioned that the only reason he was allowed to have a sign overhanging the sidewalk is that it was grandfathered in.

I suspect it may be the same with awnings.

yea for some bizzar reason our city has a hate on for over hanging signs and chsrges allot of money in taxs for it even one bolted to the front that goves over the propery line

[Cyro]

Originally Posted by Urban recluse

Stating the obvious has nothing to do with the discussion thus far..let's just leave it at that..

Relax fellow poster. It's obvious I offended you. Parroting me is just childish. Discussion is over.

[Urban recluse]

https://twitter.com/SkyCityWinnipeg/...69349229301764

[Wolf13]

I'm still cautiously optimistic by these proceedings!

[DowntownBooster]

Originally Posted by Wolf13

I'm still cautiously optimistic by these proceedings!

Yes, it's a good sign!

[trueviking]

Makes me nervous that they are tying demolition of the St Regis into the appearance of progress of the unrelated tower project.

[Tacheguy]

Originally Posted by trueviking

Makes me nervous that they are tying demolition of the St Regis into the appearance of progress of the unrelated tower project.

exactly. the smell of rat is overpowering..

[lilwayne]

Originally Posted by trueviking

Makes me nervous that they are tying demolition of the St Regis into the appearance of progress of the unrelated tower project.

apparantly thier tying both projects together..

and thier telling buyers that they are going to demolish the st regis and sky city will proceed shortly after.

[optimusREIM]

Originally Posted by lilwayne

apparantly thier tying both projects together..

and thier telling buyers that they are going to demolish the st regis and sky city will proceed shortly after.

Shortly is a relative term. For instance "shortly" is measured in decades for fortress. And then you end up with half a hole in the ground and a promise of permits upcoming to continue progress.

Don't get me wrong, I am personally cheering for this to succeed. I am not holding my breath tho

[lilwayne]

http://www.newswire.ca/news-releases...630875763.html

lets share some positive news about them why dont we

omg guys they actually do build stuff
omggg

no but thier a scam they just dig holes and leave them be

https://www.reminetwork.com/articles...icate-lenders/

lets drop some more news for you naysayers

The completion of construction and registration of Brant Park marks the twenty-first exit for syndicate lenders who have funded Fortress projects. To date, over $100 million of principal has been repaid to lenders, and the average estimated annualized returns in the 21 completed projects is 9.3 per cent. These exits have come following various stages: completion of construction, sale of lands and refinancing of the development site included among them.

“The $100 million paid back to lenders is a major milestone in our industry,” said Ildina Galati, BDMC principal broker, in a press release. “This year alone we have exited five development projects and this is a testament to the borrowers we work with, their experience, the strong due diligence they do in terms of understanding the market and the value they create for all stakeholders involved in the projects.”

oh but they have holes in the ground all over ontario and look at regina they say looook at regina looooook at reginaaaa


looook at reginaaaaaaaaaaaaaaaaaaaaaa their a scam loooook at reginaaaaaaaaaaaaaaaaa

[Tacheguy]

everyone is hoping this goes ahead. even the skeptics like me.

[optimusREIM]

Originally Posted by Tacheguy

everyone is hoping this goes ahead. even the skeptics like me.

True although some people seem so intent on negativity that they'd probably have a fit if it were ever completed

[Finessing]

Originally Posted by lilwayne

http://www.newswire.ca/news-releases...630875763.html

lets share some positive news about them why dont we

omg guys they actually do build stuff
omggg

no but thier a scam they just dig holes and leave them be

https://www.reminetwork.com/articles...icate-lenders/

lets drop some more news for you naysayers

The completion of construction and registration of Brant Park marks the twenty-first exit for syndicate lenders who have funded Fortress projects. To date, over $100 million of principal has been repaid to lenders, and the average estimated annualized returns in the 21 completed projects is 9.3 per cent. These exits have come following various stages: completion of construction, sale of lands and refinancing of the development site included among them.

“The $100 million paid back to lenders is a major milestone in our industry,” said Ildina Galati, BDMC principal broker, in a press release. “This year alone we have exited five development projects and this is a testament to the borrowers we work with, their experience, the strong due diligence they do in terms of understanding the market and the value they create for all stakeholders involved in the projects.”

oh but they have holes in the ground all over ontario and look at regina they say looook at regina looooook at reginaaaa


looook at reginaaaaaaaaaaaaaaaaaaaaaa their a scam loooook at reginaaaaaaaaaaaaaaaaa

They didn't act as a developer on this project. They have not completed a single project or even got to grade on a single project that they are a developer on.

The ONLY way SkyCity is ever built is if Fortress is no longer involved.

[DirtWednesday]

Edenshaw is developer??

[WhipperSnapper]

Originally Posted by Finessing

They didn't act as a developer on this project. They have not completed a single project or even got to grade on a single project that they are a developer on.

The ONLY way SkyCity is ever built is if Fortress is no longer involved.

True but doesn't tell the whole story (like the marketing material they throw at investors) They haven't completed, got to grade on a single project because they haven't ever been a developer.

They are a shady investment vehicle that flirts with the line. This project failing in no way confirms they have crossed the line here.

[Wolf13]

Originally Posted by WhipperSnapper

True but doesn't tell the whole story (like the marketing material they throw at investors) They haven't completed, got to grade on a single project because they haven't ever been a developer.

They are a shady investment vehicle that flirts with the line. This project failing in no way confirms they have crossed the line here.

True and worth noting.


However, I heard yesterday from a friend who is tight with some Ellis Don people that they are convinced this is going ahead.

That's some pretty whimsical support, I know, but hey I'll take it.