Posted Dec 2, 2018, 12:54 AM
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Planet Ottawa and beyond
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Join Date: Feb 2009
Location: Greater Ottawa
Posts: 14,688
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Quote:
Originally Posted by pattherat
Hmmm,
This article has some massively misleading statements. One of which:
“Claridge Homes began pre-selling condos on the eastern end of LeBreton Flats in 2005 — it had 12 signups on the first night — and 13 years later, yes 13 years, that first phase is still not sold out, about 500 units in total being built.”
Phase 1 and 2 have been sold out for years. Phase 3 on the other hand which only completed fully in late 2015 is not.
Edit: That is not to say other areas are not correct in their cautious optimism. People have to remember that a smaller sample of people chomping at the bit to buy in LF in prior years likely has many contributing factors. Not the least of which - that until the rest of LF is developed those first towers are to some degree ‘islands’ of development with few amenities at their close doorstep.
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