Quote:
Originally Posted by shakman
I was in Toronto from February 14 until February 19. I was very impressed with the amount of cranes in and around Downtown. It reminds me of Dubai. I was just as impressed with the Mississauga skyline.
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I wouldn't call it Dubai since Toronto isn't building a skyline from scratch in 10 years as they've done, but Toronto does have more construction than any city in North America even in the post recession era.
If residential is to start waning, I could see office construction pick up. Toronto hasn't built as much major office floorspace as it has capacity for in recent years, so the highrise boom may very well continue even if condos slump.