Barrie Debut Waterfront Residences | ?m | 33s | Gary Silverberg | Oleson Worland

Collingwoodbuildinglover said:
Was noticing when I was by there tonight that it looks like some new excavation has happened on the property the second tower will be located wondering if we are going to start seeing this move would be kind of cool though I actually like this tower by itself
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Ya with the innis landing and grove street Aslong as it’s in phase 1, all the really tall buildings in Barrie Will just be pairs of towers scattered across the city, although I have also seen workers doing work in that pit and excavations happening, Maybe later this year w’ell see the crane back.
 
Collingwoodbuildinglover said:
Was noticing when I was by there tonight that it looks like some new excavation has happened on the property the second tower will be located wondering if we are going to start seeing this move would be kind of cool though I actually like this tower by itself
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in this terrible housing market in Canada? I don't think so!
 
Think about debut waterfront is that it is actually a fairly old project So it could be that the financing was already met for the second tower I'm just going by the fact that by there every two weeks and I have not seen that material there before and there is also no staging material from Tower 1 left on that lot
 
Collingwoodbuildinglover said:
Think about debut waterfront is that it is actually a fairly old project So it could be that the financing was already met for the second tower I'm just going by the fact that by there every two weeks and I have not seen that material there before and there is also no staging material from Tower 1 left on that lot
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anyways in this housing market, any builder wants to start something new, knows the risk of : no enough buyers to sale
 
Javid said:
anyways in this housing market, any builder wants to start something new, knows the risk of : no enough buyers to sale
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Barrie actually still has quite a few projects that are breaking ground and moving forward So might be different types of buyers at play same thing is happening with Collingwood a lot of people that own single-family homes are downsizing into the condos that are being proposed
 
Collingwoodbuildinglover said:
Barrie actually still has quite a few projects that are breaking ground and moving forward So might be different types of buyers at play same thing is happening with Collingwood a lot of people that own single-family homes are downsizing into the condos that are being proposed
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I wish.
 
Torontomapleleafs said:
Bayfield street has a lot of construction, grove street, rose street, a 16 storey building across the grove street apartments, further down bayfield That mid rise is almost complete, around 1,500 units being built.
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these must be sold up to 2024, because 2025 & 2026 the market is almost death.
 
The Other thing that I think might be a factor is Barrie didn't see the absolute out of control price rises that Toronto did in its condo market So it is possible that the price drop or gain mightn't have scared people away as bad though I don't have the numbers so I might be blowing smoke 😅
 
2024 sales weren't any good either: at least in Toronto, but I'm sure it's the same everywhere in the province, new sales first tanked in 2022 and continued to crash further in 2023 and 2024.

The Rose Street project is affordable housing so the state of the market is irrelevant for that one. The rest would have been sold during covid.
 
Is it possible that we see developers switch to a more American model I get it it's putting more of their own money on the line but it would at least allow them to continue with some of the higher end developments though given what happened on billionaires row I can't see the model being that enticing
 
Undead said:
2024 sales weren't any good either: at least in Toronto, but I'm sure it's the same everywhere in the province, new sales first tanked in 2022 and continued to crash further in 2023 and 2024.

The Rose Street project is affordable housing so the state of the market is irrelevant for that one. The rest would have been sold during covid.
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100% agree
 
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