My two bits, posted to another site: Is this a done deal or will this be dead in the water when the condos don't sell? Didn't Giah (or whatever his name is) try to do the same thing, but then couldn't get the largest, most successful real estate office to move any condos? btw, the condos won't sell... www.greaterfool.ca and, @Buzz - not against progress, but there's issues of practicability. I suspect the average asking price of the condos is $600,000, multiplied by 34 units, is just over $20 million, or HALF of the development in dollar terms. So when $600,000 condos in downtown PG don't sell, what developer would move ahead? Consider also the recent survey by RBC, an annual poll of Canadian homeowners, where 73 per cent of respondents said they are unlikely to buy within the next two years. http://www.theglobeandmail.com/globe-investor/personal-finance/mortgages/despite-low-rates-many-canadians-holding-off-home-purchases-survey/article2392749/ As anything to do with downtown development, I'll believe it when I see it. Still waiting for that Wood Innovation Centre....