Gus Haynes
Active Member
They saw the quality of Ian's recent photos here and quietly canceled their commitment.
Maybe I should go back to my Sony Ericsson as these iPhone cameras seem to elicit far more criticism.They saw the quality of Ian's recent photos here and quietly canceled their commitment.
Yes, this seems like smart moves, first to complete the development of this initial block of their site and second to time it for when there is a bit of a lull by other developers in the area.Getting this tower started early in the new year will ensure that Qualico faces no direct competition from new builds in this category for at least the first 6 months of leasing. The only other build that could challenge this project would be an immediate start to Connect Centre tower, which I don't think will begin until 2026.
I believe the staggering of tower occupancy has been extremely beneficial to the developers.
Those concerns go back to 1998/99 when we purchased the site from CN and the consensus was we should all be committed for thinking that site would ever support high density mixed use development.There's a decent amount of lights on while I drive down 101 St in here too, so that's fantastic to see.
I know there were some genuine concerns about the fact that it's right by the Hope Mission and that Qualico took a risk here with the area and the disorder/perception, but so far it seems to be working and paying off. If Qualico can get a nice residential development by a "sketchy" area of downtown leased up fast then that means the outlook for the rest of downtown is great tbh.