Metrolinx walked away from partnership with Mimico developer (April 10, 2015 CBC article)

An April 10, 2015 CBC article is entitled: “First-of-its-kind condo deal has been mired in financial troubles: Metrolinx walked away from partnership with developer.”

The opening paragraphs read:

“Shovels are in the ground for a new west-end development that was heralded as the first condominium project to be linked to a Toronto GO station.

“It resembles many other construction sites around the city now but it began as possible model for planning of the future — planning that connects the public and private sectors and provides intensification in older communities like Mimico.

“It hasn’t turned out that way.

“A CBC News investigation reveals that a key partner bailed on the deal and the project has been mired in lawsuits and financial troubles.”

[end of excerpt]


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