Prominent Edmonton developer linked to Castle Downs condo at risk of collapse

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Prominent Edmonton developer linked to Castle Downs condo at risk of collapse
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The residents of Castledowns Pointe have many questions, including who built the Edmonton property engineers say could collapse and what happens next?

City of Edmonton ordering residents to vacate unsafe condo building in Castle Downs

Noce said those lawyers will be tasked with determining if there’s a valid claim. Then, a decision has to be made on whether the condominium corporation wants to spend the money, time and effort on a lawsuit.“It is not an easy process. It will take years to ultimately get a result and in addition to that, is the builder even in a position to even pay? Does the company even exist anymore?” he said.

In February of 1999, the land on which the condo was built was bought by Carrington Properties Ltd. and signed off on by founder Ken Ferchoff, according to transfer of land documents publicly available from the Alberta government land titles office. Carrington Communities is a part of the Carrington Group of Companies, according to its website, which includes Bedrock Homes, Carrington Homes, Carrington Land, and Lifestyle Options Retirement Communities.The City of Edmonton confirmed Wednesday a building permit for the project was issued in August 1999., which listed nine different styles of two-bedroom units available at the building.The Castledowns Pointe condo building in northwest Edmonton on Monday, September 4, 2023.

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