Agree with you and I said the same thing as you. I called it a while back that 2024 or 2025 would be back to work. Anyhow I digress.
Feel that this one will be kicking off within a year. AI is great but it is also a bubble. You saw how much billions the tech firms have lost thus far...
Chatted with someone and so far what I was told is that they have commitments for 400k out of the 1.5 million. If they can secure it, construction starts in 6 months to a year.
Today I read they a big company is out shopping for 1 million sf. TD has announced back to work in November. That leaves CIBC and how far behind do you think they are with that sparking new complex? Called back to work several years ago. Don’t be surprised especially with that big an ask for...