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I got 4, @Bibi L.

620 units with 4 elevators...

OG Drew Mandel:

Crane down here, @interchange42

Crane up, @interchange42:

The Well is a JV where each partner pushed the others to a better overall result. Which non-JV RioCan projects do you think are worthy of praise?

"A million pigeons": a perfect summation of the banking industry!

While nothing about what you've said is technically incorrect, what I appreciate about UT over the 20 or so years I've called this place home is precisely that while development is good, we don't just want to slovenly accept any mediocrity the suits at places like RioCan try and foister. This...

This will never break ground.

Is this crane down? @interchange42

But, but, but...tacos! :rolleyes: 😬

Do they? Ehhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh...

This is all fake, so I'm giving it about that much time, but the existing structure is a designated building. How would you propose to build taller with a larger core and more elevators essentially without touching what's there today?

$21M in land, $15+M in softs, application fees, loan fees, etc., [minimum] $40M in hards, $2M contingency. [At the very least] that's almost $80M total for 70 new units without any profit (lenders won't even look at you for less than a 10% IRR and will make that threshold higher if you're...

*9 cabs* for 1423 units. And it's an 85 storey student res. It's going to be an absolute, unmitigated, disaster.