CBBarnett
Senior Member
Important in this conversation: you don't need $1,500 / sqft builds to build a functional, urban design. The basics are more important (prevent auto-orientation, effective street-level integration, density in the right places etc.) I'd take a city of "boring" 5 or 10 or 20 storey condos with the basics done right over a few flagship "top-notch" designs for the rich. Sure, higher cost/quality materials etc. complement what I am after, but lack of money doesn't typically prevent effective urban design either.Exactly, Calgary doesn’t have the demand or profit spread to justify fancier designs right now . When we were booming we were able to get beautiful office buildings like the bow, Telus sky, etc. Now we have to adjust our expectations and realize Calgary’s one of the weakest real estate markets in Canada right now in terms of price/sales growth. We’ll probably have to wait a bit before we begin getting top notch designed condos. It’s still great to see we’re getting more high rise developments starting in a brutal economy like this, we’re relatively still blessed on the development side of things.