Maybe kind of gossipy, but the South Bank/Block apartments were funded by a private party with a vested interest in Inglewood. I believe they retain ownership.
AVLI is basically funded by a big corp, REIT money kind of thing, pretty sure it's just a line on a spreadsheet for the capital behind it.
So I think the difference in final product is also a difference in values and value engineering. I.e. not apples to apples.
I just read through the meltdown re: immigration in that other thread and think I lost half my braincells so I don't want to veer into the overtly political...but
There's a conversation that should be had somewhere about the relationship between capital and development, the financialization of real estate overall and the way that intersects with properties like this one with cultural, heritage, and community value*. It touches on vacant lots and what we develop vs. don't, land hoarding, foreign ownership, homogenization, value engineering, housing supply, homelessness and every other damn issue that comes up.so often. It taps into the responsibilities of the feds, province, and city with regards to development, regulation, and models of housing. Not sure we have the guts as a nation to really confront that, and populist rhetoric is definitely not helping...
* Was thinking more about the blues campsite when I posted this