Weber Yards (1333 Weber St E) (nee Elevate Condos) | 15, 15, 12 & 12 fl | U/C

[jeffster]

WANTED



FOR SCAMMING INVESTORS
KNOWN TO HANG OUT IN PARKS DOING KUNGFU

Jokes aside...has anything been happening with this? They broke ground years ago, then immediately the red flags began to appear. It has now been roughly a full year since the crane was removed and every contractor pulled out. I wonder how long we'll have to deal with an unfinished building and massive pit in the ground. I know they tried to sell the project for extremely cheap, but I'm unsure if anyone bought it up because of the high risk involved in inheriting a condo project developed by a certified local clown.

Funny you bring this up: I was on reddit and someone was asking about the developer. The purchased from same company a couple years ago (pre-build) in a different city, and now everything has been paused. They were trying to get more info on this guy, and I had to break the bad news to them.

I feel bad for anyone that purchased one of these units - now they are all in limbo. Rather than getting a home to live in, they are getting debt and are now one of the creditors to this scammer.