May 8, 2014 – News Today

3 Eau Claire project seeking partner or new owner to continue

The owner’s representative and project manager for a financially-troubled downtown highrise twin tower development says the multi-million-dollar initiative is seeking a joint venture partner or new owner so it can move forward. On Friday, it was revealed that the insolvent company, 3 Eau Claire Developments Inc., which owns the two-connected downtown tower project, has filed notice of its intent to make a proposal to dozens of creditors who claim they’re owed almost $38 million on the project that was to include residential condos and the new offices of Shaw Communications. Read More