OlympicVillageDominoEffectVille
Number One......
If the Olympic Village /Condo King development on Vancouver's False Creek is only $60 million dollars over budget, why are we giving the developer, the cash-strapped Millenium Group, $100 million?
Number Two....
The developer of the Olympic Village in Vancouver, Millenium, is also having trouble making the nut on a project in Nanaimo. Interestingly, it would appear that, unlike the City of Vancouver, the City of Nanaimo is not pumping liquidity into stalled project in their own backyard. So, if that's the case, where will the money come from?
(Numbers three through five still to come)
Kinda makes you go hmmmmmm.......
Doesn't it?
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