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By scoop (anonymous) | Posted September 10, 2009 at 16:37:47
I hear that the developer is in talks with the city to move a handful of social service offices into the commercial ground floor, and that the other bonus with the funds he's getting is that he's guaranteed a profit margin by the City. So if the building sucks or never fills up - the developer still gets a healthy pay check....might bit painful when ya figure it's being built with Federal funds, leveraged by a municipal development grant, and being tenanted by Provincial services offices. All of the 'good will' associated with providing affordable housing seems lost when it making one developer a very happy man.
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