The funds hiring full service design, build, and, manage companies like Cidex to develop rental real estate assets are as clueless as renters and they have a lot more input on the direction being taken. Al they care about is Cidex delivering on their promises as far as asset value and income. It either doesn't compute that Cidex is providing the bare minimum and they could do better with potentially longer term stability by putting more emphasis in design and livability or they are not truly invested for the long term. My take is that it's another real estate bubble.
I find it amazing that you guys are able to determine this is a poor quality building because they chose a certain color/% of spandrel glass.Their success is definitely dependant on people buying (or renting) the units they build. The problem with that is most people are completely clueless about how to look for quality and have no understanding about anything other than the appearance and layout of the units they buy. The same problem exists in the SFH market, lots of really shady developers throw things together with shoddy labour and cheap materials, but disguise it well with nice looking finishes. Not sure there is a solution to that though, people will buy what looks nice and shady developers will always focus on the finishes and not mention the bad foundations or leaky roofs.
Again, realizing that spandrel = higher thermal values and increased building performance (when compared to vision glass); it indicates the inverse of what you're suggesting.
Not to mention this particular developer appears to hold their properties in their portfolio (Aura, Arch, so on), as opposed to flipping to a REIT and leaving the downstream owner holding the bag. High-quality design and build seems apparent to me and an obvious incentive.
The level of negativity in this forum is really disheartening. This is starting to sound like a NIMBY-fest.