MacLac
Senior Member
This is for sale AGAIN? I thought some QC school accommodation builder bought it years ago?
To construct Interior Alterations. Demise main floor into separate suites (2 hour demising wall). Suite 100 (tenant improvement) for a bar / lounge (main floor). Suite 200 main floor and second floor for furniture retail store in an existing commercial building (Canada Permanent Building). "Trove" |
2025-01-17 |
100, 10126 - 100 STREET NW |
Commercial Final |
Someone else will know the story better than I. But Tessco was the developer and builder of all the Gates style lowrise apartments that are all around the city. Lots of build quality issues on basically every single one that have incurred significant special assessments. The developer’s nephew also died at one of their sites due to lack of guardrail on a roof and the scumbag owner was heard on the 911 call telling the super to put up a guard rail before OH&S showed up.What are the "Tessco issues"? Something that affects all of the various "gates" style buildings?
I also find them quite interesting and might consider living in one at some point. Something to avoid if one was looking for a unit to buy?
On paper perhaps…. In the real world the actual quality of construction in the field seems to be worse than the previous lows in the early 2000’s. The proliferation of fly-by-night trades who can’t read or simply ignore design drawings and the willingness of some generals (who can be just as bad) and some owners to accept them based on price alone is not just disheartening it’s scary.Nearly every single Tessco project had partial or full envelope repairs within 5-10 years, often sooner, burdening the owners with 20-50k of assessments.
Thankfully new home warranties, building codes and condo acts are improved to help address these issues in a more fair fashion.