4th Street Lofts | 115m | 29s | Western Securities | Gibbs Gage

maybe thats why “lofts”
haha well no shit. But that’s usually a gimmick added to the title of a building. This would make this project one of the few that are actually what they say they are.
 
No actual full renders of the project on either the developer or architects websites. Wompwomp.
 
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It's too bad about the little brick apartment building tho.
Very little character transforming into a high density, high quality high rise with street activation on a major downtown corridor is more than a fine tradeoff for me 🥳
 
Do we know how many units are being lost in this project? 270 units in the new tower is obviously a large net increase, but important to acknowledge the lost units in the older brick buildings are some of the more affordable options. My guess would be 10 - 15 units for each brick building, so 30 or so units overall? Net gain of about 240 units?

It's probably worth it in the long run as it's a large boost of supply in a prime location, which will ultimately help affordability and access - but it's still a trade-off, and cold comfort to anyone kicked out of the more affordable existing structures.
 

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