Mountain Man
Senior Member
Thanks for that. Imagine the damage from the 1879 and 1902 floods!
I would be surprised if they were. That said, locations along the Bow River do a bit better than the average condo sales, but the market is flat right now.Hi Group,
Have Condo Sales come a Long Way Yet to justify Construction of the 2nd Bldg?
Tnx,
Operater.
You might be right about the market heating up later. Still condo units available out there, but no new sales centres for the prosed projects. The newer buildings or the ones u/c will slowly fill up and then there will be some demand. It'll be interesting to see which proposal opens a sales centre first.New condo sales are indeed flat and a lot of these buildings went ahead with minimal presales. Ironically, Lamb may up a winner of sorts having to cancel his project for never meeting his high 75% sold target. It wouldn't take much to absorb the unsold inventory either and condo sales could very well heat up in the spring/summer.
With Orchard being cancelled, I can’t think of any condo proposals out there other than Arris (5th and 3rd) and Tower two of Avenue.