SP!RE
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Well they would have to delay a VERY long time on that sales centre, because the market is not going to get any better for years.
is this the presentation centre??? if so, then that's very elaborate. very impressive.
Word on the street has it if these condos on both towers are succesfully sold, Cadillac Fairview will be excavating one big dig for all three towers. Hard to believe that they would build a 31 storey office building without a main tennant,but then again in 3-4 years when finished things might not look so bad.
I don't think we'll be seeing excavation on this one for at least a year.
Word on the street has it if these condos on both towers are succesfully sold, Cadillac Fairview will be excavating one big dig for all three towers. Hard to believe that they would build a 31 storey office building without a main tennant,but then again in 3-4 years when finished things might not look so bad.
I was just thinking that, this development isn't even approved yet. The city had significant concerns about the proposal.I don't know where you are hearing that, but the sales figures you are suggesting are a bit on the optimistic side. There is still a long way to go for this project on the sales & marketing side and there are a number of other unresolved issues that are unrelated to marketing.
I also find it very hard to believe that they would build a 31 storey office building without a main tenant.
I was just thinking that, this development isn't even approved yet. The city had significant concerns about the proposal.
But if, for the sake of the argument, it were approved and both condo towers were sold out and financed, it might make sense to build the foundations for all 3 towers and not actually build the office tower.