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Old January 5th, 2009, 01:24 PM   #1
the new republic
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CALGARY | Arriva | 163m | 44 fl | 163m | 44 fl | Canceled

Arriva is a 3 tower condominium development. Arriva 1 has topped out already. Construction of the 2nd tower on the left side has begun.


Some new renderings of the full project as well from the website: http://www.arrivacondos.com

June 14th, 2008

Courtesy of Bigtime

November 16th, 2008
image hosted on flickr

Courtesy of Bigtime

November 27th, 2008
image hosted on flickr

image hosted on flickr

Courtesy of Bigtime
World's 1st Baseball Game: June 4th, 1838, Beachville, Ontario, Canada
North America's Oldest Pro Football Teams: Toronto Argonauts (1873) and Hamilton Tiger Cats (1869)

I started my first photo thread documenting a recent trip to Halifax, Nova Scotia. Have a peek: http://www.skyscrapercity.com/showthread.php?t=724898
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Old January 5th, 2009, 01:45 PM   #2
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Location: Udon Thani - Nongkhai - Bangkok - Singapore
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Nice Condo!
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Old September 13th, 2009, 02:04 AM   #3
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Arriva officially bankrupt...Construction for sale. Please close this thread

Just got this via email from PWC:

On July 28, 2009, PricewaterhouseCoopers Inc., in its capacity as receiver and manager of Victoria Park Limited Partnership and Victoria Park Holdings Ltd. filed its First Report to the Court (the "Report").

The Report, among other things, requests approval from the Court for the Receiver's proposed plan of action regarding the Arriva 42 purchase contracts and associated deposits. This includes the termination of the Arriva 42 purchase contracts and a mechanism for the return of the deposits.

A copy of the Report (and other materials filed with the Court) can be found on the PwC Victoria Park website at www.pwc.com/car-victoriapark under the section entitled "Receiver's Reports"

The Court application is scheduled for 10:30 am on Thursday July 30. 2009. We expect that the resulting Court Order will be posted on our website by Friday morning.

I read the reports. Torode was unable to secure additional financing, and the Receiver was unable to sell the project "as is" to other bidders (although there was a "White Knight" potential buyer until recently). Some of the deposit monies were used to finance part of the project, but those funds were insured. So, it looks like 120 of us who put deposits down will be getting our money back. Sad, really......
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