Quote:
Originally Posted by ssiguy
What I don't understand about London is that most other cities are all building glass & steel towers as they are cheaper for materials and labour costs so what is it with London?
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Outside of an occasional new city hall, I'm not aware of any City in Ontario building any highrises.
If you mean to say the private sector constructing high rises, outside of the GTA and occasionally Ottawa and Niagara Falls (both of which have very unique socio-economic circumstances) what other cities in Ontario have had the private sector construct high rise residential developments that are predominantly of curtain wall design?
And... "steel & glass" curtain walled towers are not cheaper for typical residential high rise construction and operations. Not by a long shot. Pound for pound, concrete is the cheapest, strongest, most plentiful and most locally produced building material available. Keep in mind the expense of purchasing manufactured specialty components such as wall panels off-site, and also keep in mind the operating and maintenance costs of the structure over its 100 year life. Concrete is all but bulletproof against the elements experienced in this part of the world.
And although it's a bit of an apples to oranges comparison, consider the Renaissance 1 & 2 construction costs of well under $90 M (the permit value of each tower is $35M) to the single One London Place tower - which would easily cost over $150M to reproduce (it cost well over $100M 20 years ago). The combined Renaissance towers are likely 50% more building for half the cost to construct.
The only time that curtain walled residential developments get constructed is when the developer believes that the local housing market will support the additional expense for a unit that he will have to charge the customer in order to pay for the added expense of constructing such a building. In the end, the reasoning for constructing with concrete is simply that:economics.