Quote:
Originally Posted by Corndogger
I just had a look at the cranes forum. Looks like we're at around 30 now assuming the counts are right but note that there hasn't been a legit update for awhile. Feb 2014 had 43 cranes which isn't all that much higher. The first page claims the record is 75 set back in Aug 2008.
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Those cranes you see along 10th ave are going away soon and won't be replaced. One of them is at a project that's been shelved.
But as far as downtown space goes, the vacancy rate is high, but it's not the issue the media or certain people here make it out to be. It's a bunch of pension funds that are feeling a slight pinch on the 3% of their portfolio that Calgary makes up. It's a joke really.
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