crabapple
New Member
The knocked down mall was at grade last week and they had an excavator digging around yesterday. Guessing its going to get moving pretty soon.
I think there's also a lack of available trades so even if you wanted to build something you're having to budget more time because of trade availability.Some of the slow down is related to interest rates. Developers seem to have forgotten how to build quickly to minimize the terms of their construction loans, so they stay on the sidelines. For example, in 90s Calgary, a new suburban home could be move in ready 3-4 months after purchase. Now it is more like 8-12 months. Low interest rates have done much unanticipated damage to the economy.