Broadway on 17th | 154m | 47s | Vesta | Zeidler

Skyrise meet and greet at the Vesta sales Center on Saturday?
IMG_0316.jpeg
 
I'm sure they're already selling them but I assume when the presentation centre opens on Oct 18, sales will really start. How well this project does will really be a barometer for whether some of these proposals will happen or if the time has already passed and these will be the end of cycle proposals we see just before the market turns sour. Overall, the real estate market has definitely slowed down a lot from a couple years ago, and condos already don't do that well in Calgary.
 
I agree, might be tough for them. However, I'm gonna go out on a limb and say there is probably a market for premium residences in this location. You're right at Mission, on 17th, 5 minutes from the Elbow, and a 10 minute walk to Stampede Park. Pretty sweet deal.
 
I have faith this one will get built. Vesta is pouring huge resources into marketing for the project. I also hear through the grapevine that they spent tens of millions acquiring the site and a bunch more demolishing the office building that was there. If there are two not-yet-U/C projects that I am very optimistic will proceed with at least their first phase, it's this and the Beltline Block, both for similar reasons.
 

Back
Top