Presale buyers left in limbo after Burnaby development goes bust

At a time when large residential construction has stalled, this developer is pushing forward with a big Burnaby project

At a time when an uncertain economy has delayed or cancelled residential projects, one developer is pushing forward on a major project in Burnaby's Brentwood neighbourhood.

Presale buyers left in limbo after Burnaby development goes bust

Joe Racanelli and his wife can only look at the big hole in the ground on Hastings Street that's now for sale and wonder when they'll get their $170,000 presale deposit back.