Still no action on this property since last spring. TLA's Saltspring development seems to be stalled as well , with the construction management company that took over for the first one is now suing them as well as the first.

Still no action on this property since last spring. TLA's Saltspring development seems to be stalled as well , with the construction management company that took over for the first one is now suing them as well as the first.

Also curious on an update. The developer (TLA Developments) has really trimmed down their team over the past few months. Within the last week, two partners appear to have left the company.

Also curious on an update. The developer (TLA Developments) has really trimmed down their team over the past few months. Within the last week, two partners appear to have left the company.

I would guess this project is likely delayed indefinitely



Ketza pacific, the former prime contractor on Skyeview is suing TLA Developments aka TLA Group Of Holding Companies and associated parties over this project. Civil claim lists the five limited companies involved in developing Skyeview, the managing partners of TLA (Chris Bradley and Troy Grant) plus Steve Arneson as defendants.
The claim is 12 pages long , allegations include: defamation, conspiracy, breach of contract, fraud, conspiracy to commit fraud, breach of warranty authority and libel. (source: BCCSO)

1269354 BC LTD. Defendant

1270858 BC LTD. Defendant

ARNESON, Steven Defendant

BRADLEY, Christopher Defendant

GRANT, Troy Defendant

KETZA PACIFIC CONTRACTING LTD. Plaintiff

SKYEVIEW GROUP OF HOLDING COMPANIES LTD. Defendant

TLA GROUP OF HOLDING COMPANIES INC. Defendant

TRI SKYEVIEW DEVELOPMENTS GROUP LIMITED PARTNERSHIP Defendant

Blackcrete will be picking up the construction here, it looks like.

Blackcrete will be picking up the construction here, it looks like.

The Bank filed start of foreclosure procedure on the Skyeview property on March 8th 2023.
According to the filing, TLA Developments' Troy Grant and Christopher Bradley are The guarantors of the Mortgage and have been defaulting on the Securties/Mortgage since October 2022.

Source
BCCSO: BANCORP BALANCED MORTGAGE FUND II LTD. v 1270858 B.C. LTD.