Quote:
Originally Posted by teddifax
This could turn out just as bad as the previous development next door. The original proposal which was shot down callled for 4, 40 storey towers on each corner with I believe
|
When was that? I don't remember...In any case, is there any real chance that would have been built? The pace of multi-unit construction in the city centre is already WAY in excess of new household formation and population growth, and is almost certain to slow substantially in the next couple of years. (Of course, real-estate sales and growth aren't directly correlated, but they're certainly related, especially in a city like Halifax which doesn't have a big issue with investor-owners and flipping.) 160 storeys of new residential in one location would take AGES to fill up. I remember skepticism over the Mirvish Gehry project in Toronto, which, as originally proposed, would have been three towers adding a total of 240 storeys to one block. It was scaled back to two towers because it was considered overly dense. Even at two towers, there's a lot of skepticism that it will actually be viable in the market.
I think too many people on this forum tend to assume that we don't have more tall buidlings due to NIMBYism, but I think it has a lot more to do with the fact that as a city of 420,000 people with modest population growth, there isn't DEMAND for loads of huge towers all over.
In fact, if you compare us to any other Canadian city under a million, I bet we have the most towers under construction right now. We're doing fine, tower-wise. Not every opportunity site in the city needs to have the biggest tower possible on it.
Threaded Mode