Quote:
Originally Posted by FactaNV
Biff, did you ever hear anything else about that 50+ story rumour?
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Not to be overly doomer, but I have a hard time believing there is demand for 50 stories of anything in Winnipeg (besides hospital beds of course). With the new federal immigration policy, population growth is going to cool (and maybe even decline) over the next few years, and there certainly isn't 50 stories-worth of demand for office space - is there even that much demand for office space in Toronto?
So I have a hard time seeing anything substantial materializing given the market conditions for both residential and commercial. I'd love to be proven wrong though - maybe the planning horizon for projects of significant scope are well beyond the temporary slow down in population growth?