Agreed - but a higher-end retail street (or few blocks) makes for a destination, and this has a knock-on effect with restaurants, cafes, other amenities, etc.
The Greater Fool (more opinion source than anything else) recently covered Victoria as a bright spot in BC, and indeed nationwide.
The common thread in the comments was that Victoria's demographics were largely the answer (Victoria skews older and with the current cross-border tensions - some...
100% - no rapid recovery for these markets with an overreliance on real estate as a component of GDP. Slowing population growth, along with decreasing affordability due to rates/slowing job growth/stagnant wages means that the major condo markets aren't seeing a quick turnaround - could easily...
Interesting. I lived in Ottawa for a number of years prior to moving to the Beltline (I have since moved) and Calgary always struck me as being in a different league than Ottawa in terms of scale. Living in the Glebe, Ottawa always seemed more like a large (nicer) Winnipeg than anything else.
Ottawa's high-rises are largely residential and not very tall to begin with. The city is highly decentralized when it comes to employment hubs, which is why the downtown core is fairly dated and hasn't seen an influx of investment.
Does Frontier have a rental component and a condo component? Or did Truman hold unsold inventory back for itself as part of condo sales for the purpose of rental units (seems like they did this in Mondrian, in West District).
https://renttruman.com/frontier/
Stampede Station Hotel & Residences... doesn't exactly mesh well with the premium image of the "W" or the "JA Marriott". I hope this name is simply a placeholder.