Developer eyes lawsuit over Saskatoon apartment project yxe
“We’ve invested hundreds of millions of dollars in the city. And I would argue there’s only a handful of private developers that have invested that much money in the city in the last five years — a handful. And this is how we’re treated?” Arbutus CEO Jeff Drexel said Thursday.We deliver the local news you need in these turbulent times on weekdays at 3 p.m.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
Drexel called the letter’s timing “shocking,” as it arrived after months of work had already been completed on the lift station. Drexel still maintains however, that the existing sewer system could accommodate the second building even without the lift station, despite the views of city officials and a recent vote by city council to keep barring construction until the sewer work is done.Article content“We are saying to them, ‘We will guarantee this infrastructure is finished,’ we’ve got letters of credit to support that.
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