Quote:
Originally Posted by logan5
The hotel (Van has a serious shortage) is the carrot they are using to try and convince the City to allow them to build such tall towers that intrude into the QE view cone, so I would want them to commit to the hotel first.
But aside from that, finding buyers for the condos should be relatively easy. The Downtown market is different from the rest of the Metro area, and the market will likely improve in a few years anyways. The condo towers would be sitting right on top of a shopping mall and an Expo Line station, with the Canada Line a block away.
The condos towers I don't see a problem with. Towers like that are already being built in Burnaby, but a 1000' hotel? It would seem that is something that gets scaled back, or Holborn attempts to change it to a hotel/condo tower, like 1151 Georgia, which Holborn built.
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“Finding condo buyers should be no problem”?!
Did you miss the collapse of the project at 601 Pacific?
Remember, Holborn are the geniuses who managed to completely miss out on the huge run-up in Vancouver home prices that took place netween 2008-2018 with their Little Mountain holdings.