Posted Oct 5, 2019, 6:54 AM
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Registered User
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Join Date: Jul 2001
Location: Windsor, Ontario
Posts: 4,630
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A 16-storey residential building was announced over a year ago around the area of Victoria Ave. and University Ave. but I've heard nothing about it since.
Rents are skyrocketing in Windsor (a 15% increase over last year...the highest in Canada) and I read somewhere that the downtown residential vacancy rate is pretty much 0% right now.
Given these numbers you have to assume that other developers are going to get moving soon. Hopefully someone is willing to take a risk and do something with the vacant lots in the Aylmer Ave. and Chatham St. area. The city has offered so many incentives to turn that neighbourhood around but nobody has bit on it.
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