ChazYEG
Senior Member
A lot of their inventory is Class A. I honestly think this project there is not gonna go forward in its current form at all. They might end up with either one tall tower that has a hotel and then some office or residential, or two shorter towers. But I definitely can't see it going forward like that. For the foreseeable future, I think Stantec's title is safe.Calgary has nearly 30% vacancy rate. It's wild that anyone is considering building new, unless that inventory is just so shitty that companies are desperately fleeing to quality.
Anyways... back to this empty lot...
I'm not for tall, for tall's sake. I'm saying that anything like a mid-rise would get swallowed by its surroundings and feel claustrophobic. As a residential site, that'd be oppressive.
I feel like it would really depend on how the units are set up, and how the building itself is positioned. Because under the height argument alone, only the units that are higher than the surrounding buildings would not feel claustrophobic, unless the ones below are designed not to feel so. And if they can design lower floors on a tall building to still feel good, that means amid-rise, or a shorter high-rise could still feel good the same way.