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Originally Posted by halifaxboyns
I wanted to ask a question about the economic slowdown and projects in Halifax? I've read different things on here - but have many projects other than the huge ones (like Twisted Sisters) been slowed down or stopped?
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It is a strange situation because there are financing problems despite the fact that the local economy in Halifax is doing very well.
It is true that there are a bunch of projects on hold, like United Gulf, Salter, and International Place, but it's important to note that it was never feasible for these to all start at the same time. Part of why we saw so many proposals was that HRM by Design was coming through and developers wanted to get development agreements before any new restrictions came into play. I predict that, of these major proposals, we will see 1-3 actually built over the next few years, while some will be shelved and not reintroduced for 5+ years.
The reality is that there is a lot of construction happening right now in Halifax. I don't think there has been this much in the city since the 80s. The other nice thing is that there's a wide variety of projects of different types all over the city - even Gottingen Street has new things under construction.
Bedford DJ maintains a compilation thread here of projects in the city:
http://forum.skyscraperpage.com/showthread.php?t=154160
11 projects are under construction in the city of Halifax alone - including 2 office buildings, academic buildings, condos, and apartments. This is very good for a smaller city. On top of that there's the huge King's Wharf project in Dartmouth, tons of stuff in Bedford...