Clearshades
Senior Member
at least they used good quality materials rather than paint right next to a penthouse which wont be cheap...
ICE District announced today that floors 31-42 of SKY Residences have been transformed to SKY Signature Suites and are now available as rental properties. SKY Signature Suites at ICE District (SKY Signature Suites) are fully managed with high hospitality standards and offer the same immaculate features and designer finishes as SKY Residences.
SKY Signature Suites spans 12 levels of the 66-floor Stantec Tower, Western Canada’s tallest tower, and boasts endless views of the city with limitless sky all around. Tenants will be immersed in the best place to live, work and play, with the best access to Rogers Place as well as entertainment, dining, and shopping downtown. A total of 168 luxury units are available as rental properties for tenants to live atop Edmonton’s dynamic ICE District.
For more information on SKY Signature Suites and to inquire about availability, visit www.skysignaturesuites.com.
I was wrong about what would be announced.
via emailed release
i think the condo market is being squeezed from both ends. you can't get construction financing without ever increasing levels of pre sales and no-one knows what's going to happen to construction pricing and construction scheduling in a covid world. at the other end, it's harder and harder to qualify for a mortgage even for those who would like to purchase.Financing, low interest rates aside, is a tough sell at banks -- especially not knowing where the shake-out of business viability will land. I don't think that it is so much that the market or the viability of the condo market is a factor as rental is easier in a COVID world. Post COVID, all being equal, we should see a quick rebound in sales as the economy recovers.
That is a pretty simple and generalized way of looking at everything that occurred around the negotiation, no?This is why you dont drag out negotiating for an arena during the peak of the boom. Most of those years could have had this complete site constructed under momentum of economics and spendings. Five years of negotiations could warranted a couple more towers in addition to what was originally planned tower In the currently constructed Greyhound podium Imo.
i don't think it is "a pretty simple and generalized way of looking at everything".That is a pretty simple and generalized way of looking at everything that occurred around the negotiation, no?