If it is going to be rentals, then it's possible. I'll do some digging.
Underwood Tower | 99.06m | 31s | Western Securities
- Thread starter Surrealplaces
- Start date
Beltline_B
Senior Member
There were a couple of trucks on site and some men milling around just before Christmas, so who knows, maybe they are going ahead.
UrbanWarrior
Senior Member
Weren't they planned to be rentals in the first place? I don't remember them launching sales before they came that close to construction in 2015 before they vacated the site.
I believe you are correct. They had actually started the beginning stages at one point, and no advertising of any kind.
Sounds promising.
Always_Biking
Senior Member
Is it me or does this bear strong resemblance to Versus?
Same colors of spandrel from the looks of it.
Word is that this one will start construction in the second half of the year, and will be rentals.
UrbanWarrior
Senior Member
Holy crap, really? At this rate, we'll still have as many/more buildings UC than Edmonton and Ottawa combined by the time the next boom starts.
BKha
Active Member
It's amazing to see so many towers still going. Rental does make more sense though, as the new mortgage regs are making it tougher for folks starting out. I also suspect it's a matter of financing. Building condos is more black and white, as you need a certain percentage of sales to get financing, whereas rentals is more speculation, and often funded by large groups who have more patience.
UrbanWarrior
Senior Member
This one was always going to be rentals though, so it's not really a big deal 
I know everyone on here hates Lamb, but the project I'm most excited to see start now is Orchard, which should be starting within the year as well.
I know everyone on here hates Lamb, but the project I'm most excited to see start now is Orchard, which should be starting within the year as well.
maestro
Senior Member
We'll see. We've heard that before.
maestro
Senior Member
This one was always going to be rentals though, so it's not really a big deal
I know everyone on here hates Lamb, but the project I'm most excited to see start now is Orchard, which should be starting within the year as well.
The sales figures aren't that good for this one. Still, most of 2017 is still to come.
UrbanWarrior
Senior Member
Last I checked, Orchard I was past 60%, and that was several months ago. I wouldn't say that's not too good.
Oddball
Senior Member
I didn't know we were supposed to hate Lamb? I really like 6th & 10th and I don't hate orchard.
*cautiously backs away hoping hasn't stepped in "it"*
*cautiously backs away hoping hasn't stepped in "it"*