General Urban Waterloo Updates and Rumours

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Interesting spot. Who does that, though? Completes plans to build something on the property then offers the property (and presumably the plans) for sale?

I feel like I've seen that quite often. A real estate company assembles a property and does a mock-up for what's possible on the site as part of marketing. Or I assume developers might have too much on the go already and not enough ability to invest in a particular project, so they're willing to part with it.