It's not getting built because of the construction price: the value to the customer isn't there. If it cost $100 per sqft to build then there would be hundreds of buildings like that under construction in Niagara Falls today.
The interesting bit, to me at least, are the market forces dictating...
It has as much chance of being built as any other 50 floor residential project in Niagara Falls: note this is not a positive statement.
I mostly found the cost-estimate interesting as it's equal to what you mind find in Toronto for a similarly sized project.
Old article for a potential redevelopment the Travelodge on River Road with some impact to Bird Kingdom. I didn't see it in the database.
https://canada.constructconnect.com/dcn/news/projects/2017/05/niagara-highrise-partners-eyeing-asian-clientele-1023469w
Project round-up from yesterday...
This building, at least I assume it's this one (might be 6880 Stanley) has a construction price tag of roughly $400M.
https://canada.constructconnect.com/canadata/forecaster/economic/2024/03/top-10-major-upcoming-hotel-motel-and-shopping-centre-construction-projects-canada-march-2024
That's the big question: How many $5M+ units do they think they can move. Competition, for locals, at that price range includes single detached houses just across the road in Rosedale. Being over 2 subway lines isn't all that beneficial to someone in that income bracket. Do we still get...
They're fairly equal at the top end (millionaires by net worth) but I suspect Sydney's bottom quartile has higher purchasing power than Toronto's bottom quartile simply because Australia has a much higher minimum wage but most goods (not food) are similarly priced...
Any speculation on which developer picks up the project?
Westbank might be able to swing it. 19 Duncan, King Toronto, and Mirvish Village are their only active Toronto projects and all are very close to being finished (occupancy/registered warranty repairs).
Concord seems an obvious candidate...
Simple: It worked for Mirvish. He got quite a bit more value out of his lot by having press and public interest in the site.
Question is, was Mirvish's success a one-off or can it be repeated by Kingsett.
The bulk of station profits for the franchise owner are in the convenience store. The moderately wealthy, the ones willing to pay those convenience store prices on a regular basis, are also the first to switch to EVs (they simply buy cars regularly).
Chocolate bar sales don't need to slow by...
BusBud, an aggregator, has tickets for FlixBus, VIA, Megabus, OurBus, Rider Express, Book A Ride (from VMC Station), Ontario Northland (from Yorkdale), Red Arrow, and Maplebus (from Terminal 1).
Agreed. Local LRT would be a better investment, and would serve far more destinations as Niagara attractions are somewhat distributed.
That said, there is a potentially interesting solution in the ~$2B range. CN services that small industrial area near Thorold Town Line Road and Welland River...
I've wondered if they'll run additional eclipse service. I'd think they could get decent revenue running 8 trains (every 15 minutes from 10am through noon, then return from 5pm to 7pm).
While I agree, the main benefit to ISO8602 is that alphabetical sort and date sort are the exact same, which meant you could sort it in a programming language like COBOL without a lot of additional code to transform the string first. It's also a language agnostic format.
North American banking...
Retaliation due to the strike wasn't the reason. I found other interests and things to do over the following summer (strike interrupted by routine) and by the time I went to another game all the players had changed so I lost interest.
20 years ago One King was under construction, the first new 150m tower in 10 years. I think 45 floor Pantageous Tower, completed a couple years before One King, was the tallest residential building since Manulife Centre in the 1970's.
40+ floors at that time was as rare for residential as a...