Thanks for the update.

Usually soil conditions are known well ahead of time.

Agreed. This was a second geo tech that discovered this recently.

Any updates on this one? Seems to still be a hole in the ground.

Yes, I saw over the weekend it remains as it was since early 2024. It has been four months since they expected construction would start. Maybe there’s a trade backlog, but usually the first indicator is the arrival of a construction office, an excavator gets dropped off even weeks before it’s used, etc.

Fingers crossed for all involved here. The cost of construction certainly moved in a big way since they began pre sales, but I have no insight at all into this project or its marketing team.

I heard from a reliable source that construction is still planned to commence in the coming months. The geotechnical work has been completed and the developer has arranged better financing with lowering interest rates. This has also led to some design improvements and overall cost savings. They have opened a sales gallery on Goldstream next to Tim Hortons. I do think this is all TBD.