Wednesday, August 25, 2010

Verdun Eco Condos Plaguued By Delays

Phase I is completed, Phase II, hoarding and a patch of dirt.
  Gazette real estate reporter Alison Lampert has dug into the story of Eco Cité' Development's award-winning but oft-delayed Abondance Montréal eco condos in Verdun.
I blogged about the development after taking a tour of Phase I of the project this summer.  The three-unit building, dubbed Le Soleil, has innovative features like solar panels, geothermal heating and gray-water recuperation systems.
For now, there are few signs of life  on the site of Phase II,  right next door on La Salle Blvd. The day that I toured Le Soleil, EcoCité's principal, Christopher Sweetnam-Holmes said the second phase of the project, La Terre, would be ready in January, 2011.
Lampert delves into some of the delays here. She also has a sidebar outlining financial difficulties that  scuppered Eco Cité projects on the Plateau and in Ottawa and may have cost buyers some of their deposits.

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