The_Cat
Senior Member
I think the trouble with Tower 101 is that downtown office vacancy is about 25%. I'm guessing that anything built there will be largely residential.
I would imagine it will be mixed use of some form. Maybe a hotel too.I think the trouble with Tower 101 is that downtown office vacancy is about 25%. I'm guessing that anything built there will be largely residential.
The BMO building started demolition in January 2018, their Emerald site was demolished in 2016 - both well before COVID.As with many, many other companies, they fell on hard times through the COVID stretch -- something that the world is still adjusting to in terms of difficult financial conditions.
Fell on hard times and made…?That's a little harsh -- Regency in the past had some good development sense and the ability to back it up. As with many, many other companies, they fell on hard times through the COVID stretch -- something that the world is still adjusting to in terms of difficult financial conditions.
There is no option but multi use excluding the office component. What is plausible is a tower for senior retirement, apartments, hotel, and condos to fulfil a height of 175m+.I would imagine it will be mixed use of some form. Maybe a hotel too.
1000%....this all falls SQUARELY on Regency.It's pretty incredible that a company could develop a tower as impressive as the Pearl, then spend the next 5-10 years consistently dropping the ball and creating a horrible reputation for themselves.