ADob
Active Member
Hey, I'd be much more likely to fly if I could light up a cigarette and pinch the stewardess on the bum. Too darn much wokeness going around these days!
Lies. Lorne Gunter told me this was a woke boondoggle!!New Blatchford newsletter just dropped, with a particularly eye-catching detail.View attachment 712940
Not saying they’re lying, but this is year 3 of them announcing that. I’m sure it’ll happen, it’s just been so slow sadly. Hopefully they finally have a few more break ground this year.New Blatchford newsletter just dropped, with a particularly eye-catching detail.View attachment 712940
If it's market housing, I'll be keeping an eye on pre-construction purchase availability. Sounds nice.New Blatchford newsletter just dropped, with a particularly eye-catching detail.View attachment 712940
Not saying they’re lying, but this is year 3 of them announcing that. I’m sure it’ll happen, it’s just been so slow sadly. Hopefully they finally have a few more break ground this year.
The one I think is most likely is the Metis Housing Corporation project by the aviation museum, since I think they have funding and they stated they want to break ground this spring. If a market option also breaks ground, I'll be pleasantly surprised.This is the first time that six have been in the planning stage. This is by far the highest that number has been. It is at the very least an indicator of more interest.
But, given what the design, planning, and financing processes are like for 4-6 story apartments in general, I would be surprised if more than one broke ground this year (because prior to this there was only a suggestion of one other in the planning stage). I would be entirely unsurprised if none did. But it wouldn't surprise me if one broke ground next year either, or if we got design concepts this year. It also wouldn't surprise me if one cancelled entirely because that absolutely happens. And, it's virtually guaranteed that not all six will break ground this year.
Unfortunately our financial frameworks for housing (both locally and nationally) overwhelmingly support purpose-built rentals. It's good that we're boosting vacancy and keeping shelter costs stable, but without market housing supply young folks & families will still be at the whim of price volatility. At least with ownership, that volatility directly translates to the equity in the home.The one I think is most likely is the Metis Housing Corporation project by the aviation museum, since I think they have funding and they stated they want to break ground this spring. If a market option also breaks ground, I'll be pleasantly surprised.