It must be tough for the greedy officials in the Montreal City Hall, now that visions of delevopment wealth seem to be evaporating before their eyes....
Rumours of Griffintown's demise are exaggerated, Sud Ouest mayor Jacqueline Montpetit told residents at a borough council meeting last night.
"We are in intensive negotiations at this point, and there will be an announcement before long," she said.
Landowners, however, are under the impression the $1.3-billion plan to redevelop 10.2 hectares of a former industrial sector south of the downtown core is dead. And they want the city to lift a freeze on new permits to develop in areas slated to be expropriated as part of the project.
A group of landowners, called Association Immobilière Griffinoise, came to last night's meeting hoping to get answers about the fate of the project, which was announced with much fanfare by the city last year.
"I have been told several times by Devimco that they have no money and no plans to develop anymore," said Harvey Lev, who owns about two hectares of office space in the area, some of which is slated to be bought by Devimco. "But because of this project that no longer exists, the city has refused to issue any permits for businesses who want to rent from me, so I have lost about half of my tenants."
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