This application is just to try and get more value out of a building sale occurring in a year or two. Its a carrot to justify an over-pay.

There is no actual plan to re-develop seriously by Hollyburn here.
Normally I'd agree with you but the family behind Hollyburn has a lot of money. Like a lot, a lot. Not saying that this would cause them to go ahead or not go ahead with a potential project here, but while they're not as well-known as others, they do have the resources to execute if they so desired.

Do you have any info that you can share conclusively supports your contention?
 
Normally I'd agree with you but the family behind Hollyburn has a lot of money. Like a lot, a lot. Not saying that this would cause them to go ahead or not go ahead with a potential project here, but while they're not as well-known as others, they do have the resources to execute if they so desired.

Do you have any info that you can share conclusively supports your contention?
The family are quiet billionaires; however, they have quietly sold some stuff in TO recently. There is no longer 1 company, but assets have been allocated to individuals for an eventual breakup. Hence, Lands Edge, not Hollyburn, is the Developer here.
 

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