Urb
Active Member
Yes
I was noticing the same thing. It looks like the footprint for the second tower is already going there.The tallest tower (SW corner) is the one you see going up fast. The one in SE corner has started to rise above the podium as well
Im confused. Are we getting 1 tower or 2? From earlier on in this forum everyone was mentioning just the 150m one in the first phase but seeing that they built a parkade and the podium for the second tower as well, it just seems dumb to me that they wouldn't go ahead and add the second tower while they're at it. I mean moving all that equipment back out and in and removing/reinstalling the crane later just to come back and finish the second tower is a waste of money. If it is rental, then adding a couple hundred units more into the area isn't gonna be the end of the world. I can understand Rio not going ahead with their podium towers at Arris because they wanna fetch the right price for the condo units.
Yeah, that's gotta be the east tower. Why would they build a portion of the podium using the footprint of the tower? FWIW I'd be happy if it was only one tower, I'm just as happy to see the rental units get spread around on other projects.You can see the second tower in the SE corner starting to rise. It probably is on the 2nd or third story now
I'd be happy if it were one tower for the potential of design changes in the future. It's currently triplets occupying almost an entire block.
New rental units are going to be priced high regardless of where they are built. Renters would have more success in getting a good deal from a desperate condo investor. New supply is not going make older supply cheaper. Large landlords are not going to compromise their rates just to fill units. The industry doesn't have to be cut throat. This isn't a renters market and there probably has never been a renters market at any time in any of the major cities in Canada,.