Heritage Square to go back to square one?

I've heard from a city source that the contract for the long-controversial Heritage Square project is set to expire this week. The developer, Retirement Housing Foundation, won a city contract last year, but has not gotten any of the development through even the initial housing stages- the changing housing economy likely played a part in that.

The city may yet renegotiate a new term with RHF, but a lot of members of the community around the proposed project want a whole new bidding process for the project, which they clearly expressed to city staff at a community meeting last month. That, and the fact that the project does not like as profitable in the current housing climate, could mean this project goes back to the drawing board.