What do you think of this project?

  • I like it a lot

    Votes: 27 73.0%

  • I like it

    Votes: 10 27.0%

  • I neither like nor dislike it

    Votes: 0 0.0%

  • I dislike it

    Votes: 0 0.0%

  • I dislike it a lot

    Votes: 0 0.0%
  • Total voters
    37
inclusion said:
Truth, plus they never really recovered after the 2019 downturn and the pandemic made matters worse. They are heavily exposed in malls, etc which haven’t recovered nor have offices. They had a lot of debentures that needed to be renewed several years ago. Are they having liquidity issues now? Seemed like that was a risk a few years ago for them. Rising interest rates must have hit them hard.

Unless they gain partners, I feel like this isn’t going to get off the ground any time soon. It seems like they have other core business issues to deal with.
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Again, Morguard doesn't matter - they're just the manager. The owners are big pension plans which are stable. It was put on hold because of the interest rates being higher from COVID. Expect movement in the next year with the lower rates.
 
wormwood said:
Again, Morguard doesn't matter - they're just the manager. The owners are big pension plans which are stable. It was put on hold because of the interest rates being higher from COVID. Expect movement in the next year with the lower rates.
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Do you know who the actual owner is? Everything online is pretty vague, a couple articles note institutional investment without stating the actual owner(s). You would think it would show up in annual reports/investor calls for upcoming projects for one of the big pension plans, but there is nothing.
 
wormwood said:
Again, Morguard doesn't matter - they're just the manager. The owners are big pension plans which are stable. It was put on hold because of the interest rates being higher from COVID. Expect movement in the next year with the lower rates.
Click to expand...
Movement at Bonnie Doon or just in general?
 
inclusion said:
Do you know who the actual owner is? Everything online is pretty vague, a couple articles note institutional investment without stating the actual owner(s). You would think it would show up in annual reports/investor calls for upcoming projects for one of the big pension plans, but there is nothing.
Click to expand...
Greystone, CBC Pension Fund and the Healthcare of Ontario Pension Plan
 
Mr Mikes is opening soon by the south entrance

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20250831_134622.jpg
 
CplKlinger said:
Amazing! I worked at the M&M there (RIP) when the Tony Romas across the hall closed in around 2018. I'm surprised it took so long for something to replace it, but Mr. Mikes will be worth the wait.
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Get the Blue hair crowd back that frequented the now defunct Tony Romas.....hopefully they'll have "hot soup" for them....lol
 
Glenco said:
You are not funny just very rude
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Never heard of the term "blue hairs," I take it......not a derogatory term at all.....their hair is so grey it looks blue.....need to relax bro......I'm half grey - don't hurt my feelings....
 
I walked thru the rest of the mall. Despite the LRT ridership, it's still the same old shops and the same old empty CRUs. Mind you, trying to walk between the LRT stop and the mall entrance is rather inconvenient.
 
Gronk! said:
I walked thru the rest of the mall. Despite the LRT ridership, it's still the same old shops and the same old empty CRUs. Mind you, trying to walk between the LRT stop and the mall entrance is rather inconvenient.
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lol. how exactly is it inconvenient? They created an accessible, well lit, well landscaped path with beautiful benches.
 
wormwood said:
lol. how exactly is it inconvenient? They created an accessible, well lit, well landscaped path with beautiful benches.
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Green: optimal, efficient route
Red: what we're being given instead

TransEd has fenced off the LRT station from the mall.

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