A high-profile condominium project at the historic site of the former James Street Baptist Church is unaffected by Mimico condos going into receivership, despite ownership overlap, said Hamilton's head of economic development.

The Hamilton project, known as The Connolly, is 75 per cent sold, with construction expected to start this year, according Michael St. Jean, owner of St. Jean Realty, which is the selling agency for the project.

The Connolly project is owned by Louie Santaguida, who has an interest in Terrasan 327 Royal York Rd. Limited, which was developing the Mimico project — called On The Go. That project went into receivership in late February.

"They're completely separate entities," St. Jean said. "It's a different set of financiers. Everything's still moving ahead (with The Connolly)."

Glen Norton, director of economic development for the city, confirmed the two projects are "totally different."

"As far as we (the city) know, the receivership is just for the On The Go, Mimico project," said Norton. "Louie is a common factor to both."

But, Norton added, the Mimico condos were being developed by the Terrasan 327 York Rd. Limited company and The Connolly by a company listed as 2203284 Ontario Inc.

The Connolly is listed as a project of Stanton Renaissance on Stanton Renaissance's website. Stanton has a partnership with The Holmes Group.

"Louie called us as recently as last week," said Norton. "He said they'd be starting construction before November. I don't know the degree of cross-over (between Terrasan and 2203284) but we don't want to overreact."

He said the city has been supportive of the project, located on James Street South near Hunter Street, and people here have been buying into it.

The Connolly is presently envisioned as a 259-unit, $80 million undertaking.

Santaguida could not be immediately reached for comment.