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The South Etobicoke News

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Condo hole at Mimico Go Station to remain without construction for years with company in receivership

June 21, 2024 by Toronto Newswire

The large hole by Mimico Go Train that was left behind by broke company has been shored up with pieces of wood for safety leading residents to think it will be a very long time before the high-rise condos continue. Photo by Ian Robertson.

Some Mimico residents say they can be stuck with holes in the ground for many years from a failed development in the area.

Photos are being circulated of large pieces of wood being installed around a hole near Mimico Go Station in a bid to hold it back from falling in on the ground.

The large construction hole has been sitting idle for a couple years since Vandyke Development went into receivership leaving Metrolinx searching for another builder to take over the major project.

About 10 high-rise towers in the Mimico area were left abandoned after the company went under.

Residents said there has been no work at the sites for many months.

It is not known how many potential condo buyers lost their money after placing down payments on units that are not being built.

Some area residents are calling for the flattened Vandyk lands on Newcastle Street to be used for parking at the Mimico Go Station, which lacks parking.

 

Filed Under: Uncategorized

Digital Versions

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