(Source: National Post)
The city’s most-watched condo project remains an empty lot, and is quickly approaching its do-or-die date.
Developer Bazis International is on the second extension of its “condition date” to start building a planned 80-storey condo tower called One Bloor, a massively popular project that, upon its launch in late 2007, had buyers camped outside the sales office for a week.
But the bulldozed lot still sits empty, and on June 15, Bazis enters a 31-day period during which it can serve notice to buyers that it is cancelling construction. At that point, deposits would be refunded
Read Jackson Proskow’s full article “Yonge and Bloor condo nears critical deadline” in the National Post (April 17, 2009).
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