Devimco does the obvious

Hahahahahahaha! Perhaps Montreal will be spared the bricked nightmare after all.

Whither Griffintown.

The company behind a $1.3-billion project to redevelop the forlorn neighbourhood south of downtown is drafting a scaled-down Plan B that could replace at least the first phase of its ambitious project.

City council gave Devimco Inc. the green light in April to redevelop the one-million-square-foot area.

However, turmoil in world financial markets has prompted the developer to think about reducing the project's $400-million first phase to something in the ballpark of $200 million, André Bouthillier, spokesman for the developer, said yesterday. Growing economic woes are also clouding the picture of when the project could be built, he added.

"There will be a project," Bouthillier said, adding the developer secured a $210-million financing package to buy up land in the area last year. "But what will the size of the project be? We're in the midst of reflecting on that. ... We're currently looking at an alternative scenario."

It will end up a Walmart and a drive thru McDonalds. They can't fuck that up...can they?

The Gods are rolling in the aisles.

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