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Maison Hotel (Uptown Waterloo, Former Police Station) - Abandonded Proposal?
#3
This project has been abandoned. It's too bad because the building looks decent, but yeah there is simply no market for it anymore. It's not even that Covid-19 impacted any demand for that - I mean, the world is going to return to normal and people are going to want to go to conferences to see talks/lectures/socialize/network - but there was no draw for such a large hotel in uptown Waterloo. This was mostly a result of tech companies moving in and speculators thinking there would be a market for this and that. Cambridge Mill was also recently approved which is a much larger project too and there are plenty of hotels around the city, so there is no demand for such a thing uptown.
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RE: Maison Hotel (Uptown Waterloo, Former Police Station) - Abandonded Proposal? - by ac3r - 01-18-2022, 10:27 PM

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