Quote:
Originally Posted by cc85
this development really altered their structure based on the market, going rom 50 floors to 41 floors, really trying to skimp on the material costs. The good thing is the new collector road, 98A will be built with phase 1, thereby creating the new future link with east whalley ring road through the current days inn site. This will be a major intersection in the future.
re; the market, they really timed it bad. I don't think they will built the entire 3 phases in a hurry. They are now going to have to sell these condos within the next 20 months and then start construction in 4 months, or they are going to have to go back for approval. In that time frame I do not believe they will face a favourable development market.
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When was it ever 50 floors? When I first caught wind of this (when I made this post however long ago) the proposal was 37 floors for the tallest tower. 41 would seem to indicate they actually made the towers larger.
Maybe I wasn't privy to more top secret information you were, but I don't remember ever hearing that it would be 50 floors in this project. You may be thinking of Urban Village. /scratches head
I could be wrong though.