Well there that that aspect in any hot market- buy low sell high etc. The architect mentioned smell at one point, I assume she was referring to the effluvia from Redpath? Personally I've never minded it but I have been there with people who thought it pretty horrible. I wonder if this will affect turnover.Yeah, their vision is to make a quick profit! I wouldn't be at all surprised to learn that most of them are investors who don't intend to live in the apartments themselves.
I think you hit the nail on the head.We often see that there are those who don't care much about the architectural expression of a building—they just want a place to live (or to rent out). That doesn't change the fact that others want better looking buildings in this city, whether they own in them or not: UrbanToronto generally believes that creating new buildings comes with some social responsibility to create buildings that give back to the city.
What's interesting about the youtube videos mentioned above (watch the follow-up roundtable discussion that autoplays next too), is that you can see the deliberations that go into the final plans for a building. What's being mentioned as a cheapening above, fails to mention that Daniels was telling the architect that they wanted to be able to spend more on the amenities and public realm, all while keeping the price point down. Whether any of us agree on the spending priorities as stated, that's where Daniels stands.
In the meantime, they are a reputable builder, they are one of the most socially aware developers out there, and they are quite philanthropic. I'd love for them to spend more on a architecture too (and believe they'd benefit from it, even though I cannot prove it), but their largesse in other areas is laudable to a degree that has me tending towards forgiveness.