Here is the news from Dave Hutton of the Star Phoenix, The highly touted $200-million River Landing hotel-office-condo megaproject was saved Monday with just minutes to go before an agreement with the city died. Saskatoon-based Victory Majors Investments Corp., backed by a group of unnamed local investors, bought out Calgary-based Lake Placid Developments and provided [...]
Lake Placid
The Boulevard of Missed Deadlines
Dave Hutton of The StarPhoenix documents the missed deadlines that have defined the Lake Placid project at River Landing. Hutton has a story on the latest deadline but it can be summed up in one paragraph. Six months ago, Lake Placid CEO Michael Lobsinger and Nasser, backed by a long list of businesspeople, stood in [...]
The Ongoing Saga of Saskatoon’s South Downtown
So Lake Placid Developments hasn’t been able to come up with the money for River Landing. Apparently the fall of the capital markets has made it very hard to come up with the $200 million dollars needed to build the cornerstone of what we hope River Landing to be. While I was hunting around online [...]
