Khaloody
Active Member
Did we run out of architects?
They already have a prospective anchor tenant.Decent looking building. Appreciate the golden/copper hue. I don't know if it will get built in this market.
A Friday doc drop - 270m tall
Who?They already have a prospective anchor tenant.
..... It really looks like a 12-monkeys style randomly generated, unresolved assortment of (shiny) jenga blocks pushed together.
42
They already have a prospective anchor tenant.
Wow, I'm really surprised by that, I honestly expected most larger Canadian firms would hold on any future space requirements until they see how all the working from home plays out. Not that I believe it will continue indefinitely, but I think an element will remain going forward (and of course there will be huge variances by industry). On the flip side, I know there is a lot of talk about needing more space per person going forward and maybe that fuels office space growth, but too be honest this doesn't really make sense to me; Unless one believes such infections are the future (maybe?) it would seem silly to commit to vast amounts of new space to increase the space-per-person for a short term issue ... that is, it seems to be much cheaper to enact temporary work from home (maybe partially) until things change for the better.
The only exception to everything I said is net-new firms to the GTA (i.e. from out of Canada), that I've always expected to see more of (particularly in the tech space), and that could lead to a lot of growth.