UrbanWarrior
Senior Member
CMLC just released their business plan for 2018. In that they stated they were not expecting three of their current residential developer partners .... Embassy Bosa /Fram & Slokker / Knighstbridge to move forward with their remaining East Village projects in 2018.
That means Arris, Vibe and Velo are all on hold.
The great thing about all three of those projects is that they are ready to go as soon as sales are reached and a BP is issued, assuming that Velo is no-parking like its sister N3. If not, that one will have a much larger construction timeframe. Either way, three of the four towers mentioned will be ready to go ASAP. I would hope that once Embassy Bosa and Fram + Slokker market these projects, they market them as the quickest-to-market preconstruction investment opportunities available in the province, as it's true.