Important News For Purchasers of Birchmount Gardens and Danforth Square Condominiums

On December 6, Forme Developments filed for protection from its creditors under the Companies' Creditor Arrangement Act ("CCAA"). There are a number of companies registered under Forme Developments that are responsible for the following projects:  

1.    Birchmount Gardens (35 unit completed condo building) 
1483/1485 Birchmount Road, Scarborough

2.    Opal Urban (101 unit project previously cancelled and deposits returned)
3310, 3312 Kingston Road, Toronto

3.    Danforth Square (279 unit project – no construction started)
250 Danforth Road, Toronto

KSV has been appointed as monitor of the CCAA for Forme Developments. For more information on the status of these projects, please click here to visit KSV's web page regarding Forme Developments. You may also contact KSV directly via:

    

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