Great comp! That should raise the price of everything in the building, and give developers confidence that new luxury towers in downtown Edmonton could get $1,000 per sq. ft. for presales.
That's true. This is a hotel development. I had a place in the Shangri-la in Toronto up until 2019. The condo fee was quite high, and it was increasing at a rapid pace, which led me to sell it. My rental just didn't make sense anymore.
Love it! Hopefully we can stop the sprawl, and have most families consider downtown as their first option for buying a condo and raising children. We just need to implement a moratorium on new suburban development for five years. I have contacted my councilor, and I encourage others to do so...
Downtown after work heading south on 109 Street to the High Level bridge is already very congested. I can't imagine how it would be if we attract more companies to relocate downtown, and added thousands of well paying jobs. And let's not kid ourselves; most would likely drive to and from their...
Honestly, we need fewer cars in Edmonton. I'm not sure if it's currently permitted under the Municipal Government Act, but council needs to work with the upcoming NDP provincial government to put in congestion and toll charges if anyone wants to drive into downtown. That's the progressive...
I strongly suspect that the West LRT will be slowed down to the point of stopping work on it for now to re-evaluate. As you said, even Andrew Knack is now hesitating. I think Covid changed everything.