It's not just the pricing/timing. It's the location. Who the hell wants to live there? It's a sweet spot for an office building, right next to the C-train line. But it's not close to any other residential (can't easily visit friends); it's far from any of the grocery stores - I reckon the Superstore in EV is the closest; it's kind of a crummy area around the building; and outside of palominos, it's not really close to any good restaurants or bars, at least relative to comparable spots in the beltline. What are you paying for? The view? That gets old quickly.Here are some typical rents for unfurnished suites and the incentives that are being offered to sign a lease.
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Premier Suites have also taken over some of the suites and furnished them.
Furnished Suites in Calgary - Premiere Suites
Premiere Suites provides the best short-term vacation rentals in cities all across Canada. Learn more about our fully-furnished apartment rentals in Calgary, Alberta.premieresuites.com
I am thinking there are still quite a few empty units in this building. Just bad timing. A luxury rental like this would probably not be planned and built today.
It's not just the pricing/timing. It's the location. Who the hell wants to live there? It's a sweet spot for an office building, right next to the C-train line. But it's not close to any other residential (can't easily visit friends); it's far from any of the grocery stores - I reckon the Superstore in EV is the closest; it's kind of a crummy area around the building; and outside of palominos, it's not really close to any good restaurants or bars, at least relative to comparable spots in the beltline. What are you paying for? The view? That gets old quickly.
The only market I could see being really into it is business travellers, but that's a lot of residential for only travellers...
I'm not surprised. When I was working there, they had a windscreen installed all around the top. Wind gusts would get brutal. What would feel like a 20 km/h wind gust on ground level felt like 50km/h on the 40th floor.Did a walk through of the rental units back when it first opened and the other tidbit is that all patio furniture is banned from the balconies due to wind so even if you have the killer views you can't sit out there to enjoy them or even BBQ on your balcony.
Lol what are you talking about? There are like a 3 significant residential buildings within a 3 block radius… the EV superstore is only 4 blocks away (well within walking distance, of course) which is closer than most of the inner city is to a full service grocery, and it is right next to Stephen Avenue. This building is better served by restaurants than likely any other major residential building in the core. And it’s literally at a westbound station and kitty corner to southbound station.It's not just the pricing/timing. It's the location. Who the hell wants to live there? It's a sweet spot for an office building, right next to the C-train line. But it's not close to any other residential (can't easily visit friends); it's far from any of the grocery stores - I reckon the Superstore in EV is the closest; it's kind of a crummy area around the building; and outside of palominos, it's not really close to any good restaurants or bars, at least relative to comparable spots in the beltline. What are you paying for? The view? That gets old quickly.
The only market I could see being really into it is business travellers, but that's a lot of residential for only travellers...