JonnyCanuck
Senior Member
This project has been planned for almost 10 years. Anthem are a big player and obviously do not have confidence in the Calgary condo market at the present. I know their last project on Memorial Drive changed to rental after construction started but building purpose built rentals is not their business model.
It's too bad that people are just not buying condos in Calgary at least not in the inner city. Not sure why that is when rents for new apartments are upwards to $2000 a month. Why not put that towards a mortgage payment instead?
It's too bad that people are just not buying condos in Calgary at least not in the inner city. Not sure why that is when rents for new apartments are upwards to $2000 a month. Why not put that towards a mortgage payment instead?